1 min read.Updated: 06 Dec 2021, 11:36 AM ISTLivemint
Star Health IPO failed to get fully subscribed by the close of bidding as issue received just 79% subscription
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Star Health and Allied Insurance Co Ltd's initial public offering (IPO) failed to get fully subscribed by the close of bidding. The IPO of the country's largest private health insurance firm was subscribed just 79%. Backed by billionaire stock investor Rakesh Jhunjhunwala, the company had priced its IPO between ₹870-900 per share.