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Star Health cuts IPO size to about $848 mln after tepid subscription

by AIP Online Bureau | Dec 8, 2021 | Health, Indian News

Investors will be closely watching the listing which is likely on Friday after Paytm’s dismal debut in November cast doubts on the big ticket IPOs and sparked concerns about overvaluation in the domestic equity market BENGALURU: India’s largest private...
LIC improves asset quality ahead of IPO; lowers net NPA to 0.05%

LIC improves asset quality ahead of IPO; lowers net NPA to 0.05%

by AIP Online Bureau | Dec 5, 2021 | Indian News, Life

The percentage of gross NPA is 7.78 percent while the net NPA is 0.05 percent at the end of March 2021. This is lower than gross NPA of 8.17 percent (as a percentage of its debt portfolio) and net NPA of 0.79 percent in the previous year Mumbai:Ahead of its proposed...
Star Health’s IPO sees 79% subscription on weak sentiments

Star Health’s IPO sees 79% subscription on weak sentiments

by AIP Online Bureau | Dec 2, 2021 | Health, Indian News

Non-institutional investors, which include corporates, bid just 0.19 times the shares reserved for them. The institutional investor and retail segments were fully subscribed, at 1.03 times and 1.1 times respectively Mumbai: Signalling weak investor demand for...

Star Health IPO subscribed 20 pc on second day of offer

by AIP Online Bureau | Dec 1, 2021 | Health, Indian News

The category for Retail Individual Investors (RIIs) was subscribed 89 per cent, Qualified Institutional Buyers (QIBs) was subscribed 7 per cent and non-institutional investors portion received 2 per cent subscription Mumbai: The initial public offering of Star Health...

Star Health IPO subscribed 12 pc on first day of offer

by AIP Online Bureau | Dec 1, 2021 | Health, Indian News, Non-Life

The category for Retail Individual Investors (RIIs) received 64 per cent subscription and those for non-institutional investors 1 per cent Mumbai: The initial public offer of Star Health and Allied Insurance Company Limited was subscribed 12 per cent on the first day...
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