News From Press Star Health's IPO scrapes through as investment bankers prune OFS component

Star Health's IPO scrapes through as investment bankers prune OFS component

Source: Business Standard Dec 3, 2021

Star Health and Allied Insurance’s Rs 7,250-crore initial public offering (IPO) — the third largest this year and eighth largest ever — just about managed to sail through despite a poor response from investors, garnering just 79 per cent subscription, forcing the investment bankers to prune offer for sale (OFS) component.

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1 Comment

Vikas Gupta · 2 years ago `

Very good response to the IPO of Only UNETHICAL Health Insurance Company.

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