Star Health
This Rakesh Jhunjhunwala-owned stock has surged 64% from July's record low
Star Healthcare rallied 10% to Rs 768 in intra-day today, and has rebounded 64% from its record low of Rs 469.05 touched on July 1, 2022.
 "This Rakesh Jhunjhunwala-owned stock has surged 64% from July's record low")
Govt relaxes deadline for re-export of containers used for oxygen transport
The customs department has given time till September 30 for the re-export high-quality containers which have been imported for efficient transportation of liquid medical oxygen
 "Govt relaxes deadline for re-export of containers used for oxygen transport")
Star Health ends in green, albeit by a small margin, despite IPO drubbing
Stock ends at Rs 907, a gain of Rs 7 over issue price of Rs 900. Shares hit a high of Rs 940 and a low of Rs 827.5 on BSE
 "Star Health ends in green, albeit by a small margin, despite IPO drubbing")
New Omicron cases in UK nearly double in a day as 249 test positive
An additional 249 people have tested positive for the Omicron variant in the UK, which increased the total number of cases with this strain to 817
 "New Omicron cases in UK nearly double in a day as 249 test positive")
Star Health cuts IPO size to about $848 mn after tepid subscription
Star Health has cut the size of its initial public offering (IPO) to 64 billion rupees ($848.02 million) from 72.49 billion rupees
 "Star Health cuts IPO size to about $848 mn after tepid subscription")
Star Health's IPO scrapes through as investment bankers prune OFS component
The Rs 7,240-cr issue received just 79% subscription before I-bankers stepped in
 "Star Health's IPO scrapes through as investment bankers prune OFS component")
India records 9,765 new Covid infections, active cases increase to 99,763
With 9,765 new coronavirus infections being reported in a day, India's total tally of COVID-19 cases rose to 3,46,06,541
 "India records 9,765 new Covid infections, active cases increase to 99,763")
Star Health IPO struggles to get subscribed, mops up only 20% by Day-2 end
Not even a single domestic institutional investor has applied for the IPO so far, data disclosed by stock exchanges shows
 "Star Health IPO struggles to get subscribed, mops up only 20% by Day-2 end")
Star Health's Rs 7,250 crore IPO subscribed 12% on Day-1
Offer closes on Thursday. IPO is the third-biggest this year and 8th biggest ever to hit domestic market
 "Star Health's Rs 7,250 crore IPO subscribed 12% on Day-1")
IPOs of Star Health and Tega to hit market next week to raise Rs 7,868 cr
Two companies Star Health and Allied Insurance Company and Tega Industries are set to float their initial public offerings (IPOs) next week to cumulatively raise Rs 7,868 crore
 "IPOs of Star Health and Tega to hit market next week to raise Rs 7,868 cr")
Star Health: An interesting opportunity for long-term investors
Industry leading growth and healthy financials in a sector with vast opportunity are positives
 "Star Health: An interesting opportunity for long-term investors")
Regardless of Paytm fiasco, investors will view Star Health positively: MDs
India's largest standalone health insurer seeks to raise Rs 7,249 cr from its IPO; In a Q&A, Dr S Prakash and Anand Roy dwell on its performance and business plans, and the health insurance market
 "Regardless of Paytm fiasco, investors will view Star Health positively: MDs")
Nykaa, Adani Wilmar, Star Health, 3 others get Sebi's go-ahead for IPOs
As many as six companies, including Nykaa, Adani Wilmar and Star Health & Allied Insurance, have received capital markets regulator Sebi's go-ahead to launch initial share-sales. Apart from these, Penna Cement Industries, Latent View Analytics and Sigachi Industries too received Sebi's clearance to raise funds through the initial public offerings. These six companies, which filed their preliminary IPO papers with Sebi between May and August, obtained its "observations" during October 11-14, an update with Sebi showed on Monday. In Sebi parlance, issuance of observations implies its go-ahead to float the initial public offering (IPO). Going by the draft papers, the IPO of FSN E-Commerce Ventures Ltd, which runs online marketplace for beauty and wellness products Nykaa, comprises fresh issue of equity shares worth Rs 525 crore and an offer for sale (OFS) of 43,111,670 equity shares by promoter and existing shareholders. Those selling shares in the OFS are -- promoter Sanjay Nayar ..
 "Nykaa, Adani Wilmar, Star Health, 3 others get Sebi's go-ahead for IPOs")
CCI okays ROC Investment's stake buy in Star Health via green channel
The green channel is an automatic system for speedy approval for certain categories of mergers and acquisitions
 "CCI okays ROC Investment's stake buy in Star Health via green channel")
Star Health eyes Rs 2,800 cr gross written premium this fiscal
Company will focus on retail customers and not group policies and is looking at covering around 90 lakh people this year
 "Star Health eyes Rs 2,800 cr gross written premium this fiscal")
Star Health ties up with Bank of India for bancassurance
Tie-up to enable Star Health to leverage BOI branches network and huge customer base
 "Star Health ties up with Bank of India for bancassurance")
Star Health crosses Rs 2,000-crore GWP in 2015-16
The company had clocked Rs 1,470 crore worth of GWP in 2014-15, the city-based company said
 "Star Health crosses Rs 2,000-crore GWP in 2015-16")
