Star Health and Allied Insurance

Star Health & Allied Insurance Co Ltd is an Indian health insurance company based in Chennai. The company provides services in health, personal accident and overseas travel insurance, directly as well as through various channels like agents, brokers and online. Star Health is also prominently into bancassurance having long standing relationship with various banks. Star Health has underwritten a gross written premium of Rs.5401 Cr during the FY 2018–19 and net worth of Rs.1480 Cr, as on 31 March 2019. Currently Star Health has 10600+ employees and 550+ branch offices all over India.

Star Health Insurance and Allied Insurance Co Ltd
TypePublic
NSE: STARHEALTH
ISININE575P01011
IndustryFinancial services
Founded2006 (2006)
HeadquartersChennai, Tamil Nadu, India
Key people
V Jagannathan, Anand Roy, Dr. S. Prakash
ProductsHealth insurance
Travel insurance
Accidental insurance
Websitewww.starhealth.in

Star Health Insurance launched its 7,249 crore (US$960 million) initial public offering (IPO) in December 2021.[1][2][3] After the issue was undersubscribed, it reduced the IPO size to 6,400 crore (US$850 million).[4]

References

  1. "Star Health files for IPO, to raise over Rs 2,000 crore". The Financial Express. 23 July 2021. Retrieved 23 September 2021.
  2. Livemint (30 November 2021). "Star Health IPO opens today. Should you bet?". mint. Retrieved 2 December 2021.
  3. "Rakesh Jhunjhunwala-backed Star Health's IPO opens; should you subscribe?". cnbctv18.com. 30 November 2021. Retrieved 2 December 2021.
  4. "Star Health Cuts IPO Size To Rs 6,400 Crore After Tepid Subscription". NDTV.com. Retrieved 9 December 2021.


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