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Wednesday, December 25, 2024 | 01:15 AM ISTEN Hindi

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Star Health lists at 6% discount against issue price of Rs 900 a piece

The stock listed at Rs 845, 6 per cent below its issue price of Rs 900 per share on the National Stock Exchange

Star Health's IPO scrapes through as investment bankers prune OFS component
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Deepak Korgaonkar Mumbai
Star Health and Allied Insurance Company (Star Health) made a weak stock market debut with its equity shares getting listed at Rs 845, a 6 per cent discount to its issue price of Rs 900 per share on the National Stock Exchange (NSE). On the BSE, the stock opened at Rs 848.80, the exchange data shows. Ace investor Rakesh Jhunjhunwala is a promoter of Star Health, which is India's first and largest private standalone health insurance company.

At 10:01 am, the stock was trading at Rs 875.20, after hitting a high of Rs 899 on the BSE in the

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