Star Health raises ₹3,217.13 crores from 62 Anchor Investors

Star Health, the firm received Rs 3,217.13 crore from 62 anchor investors on Monday, November 29, 2021, just before the IPO. The Star Health initial public offering (IPO) is set to begin on Tuesday, November 30, 2021. At a price band of 900, the company allocated a total of 3,57,45,901 equity shares to 62 anchor investors.1 Domestic Mutual Funds through a total of 1 schemes make up the anchor investor list. The company plans to raise 7,249.18 crores through an initial public offering (IPO).

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