Star Health and Allied Insurance Company Ltd IPO Message Board (Page 17)

Another Paytm duplicate IPO

Because its loss making company. Star heath is very good brand. But never look for brand of the company, always check the profits and losses.

So is Zomato also loss making or burger king which got hit by Covid or Barebeque or Devyani (all covid hit)

@IPO GUJARATI
Thank you so much 🙏

@IPO GUJARATI
Thank you so much 🙏

Hi all,
I have opened minor demat account in IIFL in my son''s name recently for applying IPOs.
But IIFL says I can''t apply IPO through this minor account. Please anyone help in this regard.
Note:
I have separate demat account in IIFL in my name

Thanks

Please use SBI ASBA or other net banking which supports 3rd party ASBA.
Use minor demat details and apply via netbanking.

Gmp - 140-150

What are good points about this company?

It is largest and oldest private health insurance company with market share of around 16%. It has maximum hospital coverage among peers. Brand trustworthiness and track record of claim settlement is very good.
This company is bound to grow but it is very aggressively priced encashing huge liquidity in the market when insurance sector is struggling during Covid period.

A big Avoid......but new players ise bhi oversubscribe kr denge.....

Hi

Can you please tell how to open the IPO funding account in Bajaj Finance and how is the service of Bajaj finance. Are they are offering competitive interest rate for IPO funding ?

avoid is what I would say 😅 and u can call on bajaj finserv number on website... ask for ipo funding team... you will be connected

Breaking News
One more New IPO
Tega Industries IPO confirmed
Date 1Dec to 3 Dec

Avoid, another loss making company

Loss making tag not a big problem but what matters is that what will company do with the fund. see this :
Objects of the Issue:
The IPO aims to utilize the net proceed to augment the company''s capital base and insolvency level.

if it was marketing, expansion, and strengthening on tech front, that would have been exciting for everyone.

Here object of the IPO is to stay afloat. 😁😂

Now doubt issue appears to be in line with Paytm but it can prove "NAZARA" too. Specially after Govt permission for higher FDI in Insurance Sector. This may be preamble to bargain with foreign suitor. So better look for more details and watch.

Surprise it''s kfintech..

Why surprise?

Why almost every ipo mentions in "Isue size", Fresh issue is always mentioned in crore Rs. while OFS is mentioned in no. of shates, making it difficult to realize at a glance how much % is fresh issue & how much is OFS.

Because ''N'' number of shares are being offered to be sold by the promoters at a price to be determined once the IPO process is completed. Theoretically this price can be any price between the lower and upper price band.

I hope @SamJos you got clear answer. How does fresh issue to OFS ratio matters. What matters is the IPO price

RJ will make sure this lists in premium.

Why should he do that? His shares will be locked in for one year

Retail is only 10% so retail portion may easily go through

Dear owls what''s your strategy in. Star health ipo?

you too brutus...

sab IPO , sone ka andaa dene wali murgi ka pet kaat kar ,saare ande ek baar mein nikalna chahte hain

MURGI kab tak safe rahegi.Murgi ko to katna hi hai.

THISS is a general post about IPO Funding / IPO Financing / HNI Funding

Interest rate is never constant at 6% or 7% or 8% or 10%.. It varies according to the market conditions and how greedy NBFCs are... By market conditions, I mean how ipos are doing, how the GMP is behaving, how the IPO calendar looks like, whether there are too many ipos in the pipeline, etc. By greediness, I mean how big cut the NBFC you are taking the loan from is...

Bajaj Finance is one of the greediest NBFC and wherever they smell they can earn more, they will never leave any chance. They can change interest whenever they want (it''s written in their T&C) they will change margin anytime they want. For any ipos, they will want you to take all the risk by giving them more margin and interest upfront and for any good gmp ipo, they will keep a higher interest rate than all other NBFCs average. For NYKAA, they took 13% whereas motilal gave at 7.5%

Please beware of such foul play by Bajaj Finance/Finserv or any such NBFC you may have encountered

It means bajaj finance/finserve is great buy now...amidst ipo boom ....

Unfortunately, I don''t have the contact in Motilal.. The rate was shared by one of the HNI contacts I have...

Star Health Insurance IPO
GMP 63 - 65 @ 4pm # 24 November

Revenues in March 21 & Sept 21 are in NEGATIVE???
What does it mean???

simply it means, the company is in loss.
-800 crore.
Does it look like someone to invest in this company