Star Health and Allied Insurance Company Ltd IPO Message Board (Page 16)

IPO Name      GMP      Kostak      Subject
Star Health
Rs 90      Rs -      Rs 1500
Tarsons Products
Rs 180      Rs 500      Rs 3000
Go Fashion
Rs 450      Rs 250      Rs 7500

A clear avoid if company wants to milk it on RJ name. History has many examples.

Its interesting to see how far companies can go to milk RJ''s name and demand exorbitant valuations.

Retail investors don’t have so deep pockets & patience as of RJ.
His name must not guide investment decisions.
Remember, few years back, RJ bought a certain percentage of equity in JP Associates. Stock ran up from 6-7 to 32 within few weeks!! What is its CMP today???
Take your own considered decision.

exactly my point! They are using RJ''s name and demanding absurd valuations and i''m pretty sure these retail investors would fully subscribe to it within an hour.

If u don''t want to lose ur hard money, than Avoid

Gmp update
Star 45
Tarson 175
Go color 480

Insurance sector in general and specifically health portfolio of almost all the companies is bleeding for last many years. IRDA has taken measures to improve but now due to corona and related disease it continued to bleed. Specially this valuation without profit is nothing but another PAYTM in pipeline.

if its listed at 900 what will be its marketcap

above 70000cr or what ??

ICICI Lom has revenue 10 times than star but mkt cap is 72000 cr. In my opinion Star is not healthy and may be available at better price after listing. I will advise to sell immediately if listing gain. otherwise buy from secondary market instead of IPO

The new india assurance H1 2021-22 = total revenue is 18838, profit -625 crore, market cap 25000 cr.
Star health Total revenue is 494, profit -380 crores mkt cap on upper side 52000cr.
Paytm learnt lesson to me atleast wait after listing then buy. I am atleast now in no profit no loss at current price as added more after listing at lower level of 1560

How is revenue negative? Can someone pls explain?

This is a health insurance company. Last two years Covid related claims sky rocketed. Hence the losses.

Specialization some times a strength other times it is weakness.

Icici lombard, sbi life and hdfc life are top players in overall insurance. But Star is health insurance leader, it became prominent with Aragya sri in erstwhile Andhra Pradesh. Made lot of money from that deal. May be good in long term.

Gmp down from 140 to 70

Star health will overlap with Teja industries IPO.

Good for individuals,, they will have a choice to choose from either of the company. This will save many. And those who have tendency to dare, they will go for star health anyway.

Loss making insurance company... I suggest avoid it and save your money..it is another Paytm.... avoid avoid avoid..

The option has come in terms of Tega Industries IPO, its well established, profit making & globally present company only negative point is that its pure ofs and company will not get anything from it, but company doesn''t need fresh funding, its already doing well in sales,, let''s hope offer price is reasonable, if share price is reasonable majority/sensible guys will go for it..

IPO Name      GMP      Kostak      Subject
Star Health
Rs 150      Rs -      Rs 1500
Tarsons Products
Rs 170      Rs 500      Rs 3000
Go Fashion
Rs 400      Rs 250      Rs 6500

If GMP of a 900Rs. IPO is less than 100Rs. than I''ll give it a pass.

Not bad... Promising...but may buy near 730/685 like value after listing

star premium 44 buyer only

Avoid this loss-making company.

ALMOST 75% OFS

DUMPING OVERPRICE SHARE AS OFS

well said

Listing gain ka dekhna hai bas. Star health is running benind all us for insurance already.

A big avoid from my side.

Insurance company se to duri hi sahi hai.

I understand your pain. What are your thoughts about the mega LIC IPO, another huge government owned company.

HDFC Life, SBI Life, ICICI Prudential, ICICI Lombard.
Ab Market me gold aur garbage dono hai
It''s your choice what you choose.