November 30, 2021 - December 2, 2021

Star Health IPO Basis of Allotment

STAR HEALTH AND ALLIED INSURANCE COMPANY LIMITED

Our Company was incorporated as Star Health and Allied Insurance Company Limited a public limited company at Chennai under the companies Act, 1956 or June 17, 2005 and was granted the certificate of incorporation by the Registrar of Companies, Tamil Nadu at Chennai. Our Company was granted its certificate for commencement of business on December 9, 2005 by the RoC. For details see, "History and Certain Corporate Matters" on page 204 of the Prospectus dated December 7, 2021 ("Prospectus").

Registered and Corporate Office: No.1, New Tank Street, Valluvarkottam High Road, Nungambakkam, Chennai Tamil Nadu, 600 034, India: Tel: +91 44 2828 8800. Website: www.starhealth.in; Contact Person: Jayashree Sethuraman, Company Secretary and Compliance Officer: E-mail: investors@starhealth.in, Corporate Identity Number U66010TN2005PLC056649, IRDAI Registration Number 129
OUR PROMOTERS: SAFECROP INVESTMENTS INDIA LLP, WESTBRIDGE AIF I AND RAKESH JHUNJHUNWALA

Our Company has filed the Prospectus dated December 7, 2021 with the Registrar of Companies, Tamil Nadu at Chennai and the Equity Shares are proposed to be listed on the National Stock Exchange of India Limited ("NSE") and BSE Limited ("BSE") and the trading will commence on December 10, 2021.

BASIS OF ALLOTMENT

INITIAL PUBLIC OFFER OF 6,68,82,461 EQUITY SHARES OF FACE VALUE OF RS. 10 EACH ("EQUITY SHARES") OF STAR HEALTH AND ALLIED INSURANCE COMPANY LIMITED ("COMPANY" OR "ISSUER") FOR CASH AT A PRICE OF RS.900 PER EQUITY SHARE (INCLUDING A SHARE PREMIUM OF RS.890 PER EQUITY SHARE) AGGREGATING RS. 60,186.84 MILLION (THE "OFFER") COMPRISING A FRESH ISSUE OF 22,232,230 EQUITY SHARES AGGREGATING RS. 20,000 MILLION (THE "FRESH ISSUE") AND AN OFFER FOR SALE OF 4,46,50,231 EQUITY SHARES, INCLUDING 2,72,63,290 EQUITY SHARES BY SAFECROP INVESTMENTS INDIA LLP ("PROMOTER SELLING SHAREHOLDER"), 1,22,302 EQUITY SHARES BY KONARK TRUST, 8,446 EQUITY SHARES BY MMPL TRUST ("PROMOTER GROUP SELLING SHAREHOLDERS") 39,70,857 EQUITY SHARES BY APIS GROWTH 6 LIMITED, 30,89,619 EQUITY SHARES BY MIO IV STAR, 51.40,471 EQUITY SHARES BY UNIVERSITY OF NOTRE DAME DU LAC, 22,71,803 EQUITY SHARES BY MIO STAR, 12,82,127 EQUITY SHARES BY ROC CAPITAL PTY LIMITED, 9,13,209 EQUITY SHARES BY VENKATASAMY JAGANNATHAN. 4,56,605 EQUITY SHARES BY SAI SATISH AND 1,31,502 EQUITY SHARES BY BERJIS MINOO DESAI (COLLECTIVELY. THE "OTHER SELLING SHAREHOLDERS" AND COLLECTIVELY WITH THE PROMOTER SELLING SHAREHOLDER AND PROMOTER GROUP SELLING SHAREHOLDERS ARE REFERRED TO AS THE "SELLING SHAREHOLDERS", AND SUCH EQUITY SHARES, THE "OFFERED SHARES") AGGREGATING RS. 40,185.21 MILLION (THE "OFFER FOR SALE"). THE OFFER SHALL CONSTITUTE 11.62% OF THE POSTOFFER PAID-UP EQUITY SHARE CAPITAL OF OUR COMPANY. THE OFFER INCLUDES A RESERVATION OF 92,144 EQUITY SHARES, AGGREGATING RS. 75.56 MILLION (CONSTITUTING 0.02% OF THE POST-OFFER PAID-UP EQUITY SHARE CAPITAL, FOR SUBSCRIPTION BY ELIGIBLE EMPLOYEES ("EMPLOYEE RESERVATION PORTION"). THE OFFER LESS THE EMPLOYEE RESERVATION PORTION^{^} IS HEREINAFTER REFERRED TO AS THE "NET OFFER". THE OFFER AND THE NET OFFER CONSTITUTE 11.62% AND 11.61%, RESPECTIVELY, OF THE POST-OFFER PAID-UP EQUITY SHARE CAPITAL OF OUR COMPANY. THE FACE VALUE OF EQUITY SHARES IS RS.10 EACH. THE OFFER PRICE IS RS.900 PER EQUITY SHARE AND IS 90 TIMES THE FACE VALUE OF THE EQUITY SHARES. THE ANCHOR INVESTOR OFFER PRICE IS RS.900 PER EQUITY SHARE.

^{^A DISCOUNT OF 180 PER EQUITY SHARE WAS OFFERED TO ELIGIBLE
EMPLOYEES BIDDING IN THE EMPLOYEE RESERVATION PORTION.

OFFER PRICE: RS. 900 PER
EQUITY SHARE OF FACE VALUE OF RS. 10 EACH

ANCHOR INVESTOR OFFER
PRICE: RS. 900 PER EQUITY SHARE

THE OFFER PRICE IS 90
TIMES THE FACE VALUE OF THE EQUITY SHARES

RISKS TO INVESTORS

•
5 GCBRLMs, 3 BRLMs and 4
Co-BRLMs associated with the Offer have handled 66 public issues in the past 3 years out
of which 21 issues closed below the issue price on listing date.

•
The Price/Earnings ratio
based on diluted EPS (consolidated) for Fiscal 2021 for our Company is not ascertainable
as the EPS is negative.

•
Average cost of
acquisition of Equity Shares held by the Selling Shareholders ranges from Rs. 47 per
Equity Share to Rs. 175.69 per Equity Share and Offer Price at upper end of the Price Band
is Rs. 900 per Equity Share.

•
Weighted Average Return on
Net Worth for Fiscals 2021,2020,2019 is 7.79%.

BID/ OFFER PERIOD:
OPENED ON: TUESDAY, NOVEMBER 30, 2021

CLOSED ON: THURSDAY,
DECEMBER 02, 2021

ANCHOR INVESTOR BIDDING
DATE WAS: MONDAY, NOVEMBER 29, 2021

The Offer was made through the Book Building Process, in terms of Rule
19(2)(b) of the Securities Contracts (Regulation) Rules, 1957, as amended ("SCRR")
read with Regulation 31 of the SEBIICDR Regulations and in compliance with Regulation 6(2)
of the SEBIICDR Regulations wherein not less than 75% of the Net Offer was available for
allocation on a proportionate basis to Qualified Institutional Buyers ("QIBs")
(the "QIB Portion"). Our Company and the Selling Shareholders in
consultation with the GCBRLMs, BRLMs and the Co-BRLMs allocated 60% of the QIB Portion to
Anchor Investors on a discretionary basis. One-third of the Anchor Investor Portion was
reserved for domestic Mutual Funds, subject to valid Bids having been received from the
domestic Mutual Funds at or above the Anchor Investor Allocation Price 5% of the QIB
Portion (excluding the Anchor Investor Portion) was made available for allocation on a
proportionate basis to Mutual Funds only, and the remainder of the QIB Portion was made
available for allocation on a proportionate basis to all QIB Bidders (other than Anchor
Investors), including Mutual Funds, subject to valid Bids having been received at or above
the Offer Price. Further, not more than 15% of the Net Offer was made available for
allocation on a proportionate basis to Non-Institutional Bidders and not more than 10% of
the Net Offer was made available for allocation to RIBs in accordance with the SEBI ICDR
Regulations, subject to valid Bids having been received from them at or above the Offer
Price. Further, Equity Shares were made available for allocation on a proportionate basis
to Eligible Employees applying under the Employee Reservation Portion, subject to valid
Bids received from them at or above the Offer Price. All Bidders (except Anchor Investors)
were required to mandatorily utilise the Application Supported by Blocked Amount ("ASBA")
process providing details of their respective bank account (including UPI ID for RIBs
using UPI Mechanism), in which the corresponding Bid Amounts were blocked by the SCSBs or
the Sponsor Bank, as applicable. Anchor Investors were not permitted to participate in the
Offer through the ASBA process. For details, see "Offer Procedure" on page 422
of the Prospectus.

The bidding for Anchor Investor opened and closed on Monday, November
29, 2021. The company received 62 applications from 58 Anchor Investors for 3,60,96,864
equity shares. The Anchor investor price was finalized at Rs. 900 per Equity Share A total
of 3,57,45,901 Equity Shares were allocated under the Anchor Investor Portion aggregating
to Rs. 32,171,310,900.00

The Offer received 2,33.578 applications for 6,76,91,120 Equity Shares
(prior to technical rejections) resulting in 0.95 times subscription. The details of the
applications received in the Offer from various categories are as under:

Sr. No.
Category
No.
of Applications Applied
No.
of Equity Shares
Equity
Shares Reserved as per Prospectus
No.
of times Subscribed
Amount
(Rs.)

A
Retail
Individual Investors
2,31,148
54,17,472
85,06,656
0.64
4,88,28,28,416,00

B
Non
Institutional Investors
602
15,93,376
22,67,392
0.70
1,43,38,63,360,00

C
Employee
Reservation
1,730
1,20,256
1,12,592
1.07
10,00,61,632,00

D
Qualified
Institutional Bidders (excluding Anchor Investors)
36
2,44,63,152
2,44,93,456
1.00
22,01,68,36,800,00

E
Anchor
Investors
62
3,60,96,864
3,57,45,901
1.01
32,48,71,77,600,00

Total
2,33,578
6,76,91,120
7,11,25,997
0.95
60,92,07,67,808,00

Final Demand

A summary of the final demand as at different Bid prices is as under:

Sr.
No.
Bid
price
No.
of Equity Shares
%
to Total
Cumulative
Total
Cumulative
% of Total

1
870
2,24,576
0.62
2,24,576
0.62

2
871
9,984
0.03
2,34,560
0.65

3
872
5,552
0.02
2,40,112
0.66

4
873
1,904
0.01
2,42,016
0.67

5
874
848
0.00
2,42,864
0.67

6
875
29,936
0.08
2,72,800
0.75

7
876
1,328
0.00
2,74,128
0.75

8
877
1,808
0.00
2,75,936
0.76

9
878
1,856
0.01
2,77,792
0.76

10
879
1,696
0.00
2,79,488
0.77

11
880
85,776
0.24
3,65,264
1.00

12
881
2,160
0.01
3,67,424
1.01

13
882
2,560
0.01
3,69,984
1.02

14
883
1,072
0.00
3,71,056
1.02

15
884
336
0.00
3,71,392
1.02

16
885
26,976
0.07
3,98,368
1.10

17
886
912
0.00
3,99,280
1.10

18
887
1,008
0.00
4,00,288
1.10

19
888
5,072
0.01
4,05,360
1.12

20
889
2,000
0.01
4,07,360
1.12

21
890
69,104
0.19
4,76,464
1.31

22
891
1,616
0.00
4,78,080
1.32

23
892
3,488
0.01
4,81,568
1.32

24
893
800
0.00
4,82,368
1.33

25
894
720
0.00
4,83,088
1.33

26
895
13,376
0.04
4,96,464
1.37

27
896
1,200
0.00
4,97,664
1.37

28
897
1,888
0.01
4,99,552
1.37

29
898
7,264
0.02
5,06,816
1.39

30
899
14,256
0.04
5,21,072
1.43

31
900
2,85,26,032
78.48
2,90,47,104
79.92

32
CUTOFF
72,98,768
20.08
3,63,45,872
100.00

TOTAL
3,63,45,872
100.00

The Basis of Allotment was finalized in consultation wrth the
Designated Stock Exchange, being the NSE on December 8, 2021.

A. Allotment to Retail Individual Bidders (after technical rejections)
(including ASBA Applications)

The Basis of Allotment to the Retail Individual Bidders, who have bid
at the Cut-Off Price or at the Offer Price of Rs. 900 per Equity Share, was finalized in
consultation with the NSE. This category has been subscribed to the extent of 0.593619
times. The total number of Equity Shares Allotted in Retail Portion is 5,050,928 Equity
Shares (Including Spilled over from Employee category) to 215,082 successful Retail
Individual Bidder. The category- wise details of the Basis of Allotment are as under:

Category
No.
of Applications Received
%
of Total
Total
No. of Equity Shares Applied
Vo
to Total
No.
of Equity Shares Allotted per Bidder
Ratio
Total
No. of Equity Shares Allotted

16
179,831
83.61
2,877,296
56.97
16
1:1
2,877,296

32
19,220
8.94
615,040
12.18
32
1:1
615,040

48
5,643
2.62
270,864
5.36
48
1:1
270,864

64
2,430
1.13
155,520
3.08
64
1:1
155,520

80
1,841
0.86
147,280
2.92
80
1:1
147,280

96
1,091
0.51
104,736
2.07
96
1:1
104,736

112
1,047
0.49
117,264
2.32
112
1:1
117,264

128
240
0.11
30,720
0.61
128
1:1
30,720

144
117
0.05
16,848
0.33
144
1:1
16,848

160
678
0.32
108,480
2.15
160
1:1
108,480

176
72
0.03
12,672
0.25
176
1:1
12,672

192
198
0.09
38,016
0.75
192
1:1
38,016

208
2,674
1.24
556,192
11.01
208
1:1
556,192

TOTAL
215,082
100.00
5,050,928
100.00

5,050,928

The unsubscribed portion of 3,457,772 Equity Shares not allotted to any
other category, since the overall Offer was under subscribed

B. Allotment to Non-Institutional Bidders (After Technical Rejections)

The Basis of Allotment to the Non-Institutional Bidders, who have bid
at the Offer Price of Rs. 900 per Equity Share or above, was finalized in consultation
with the NSE. The Non-Institutional Portion has been subscribed to the extent of 0.674021
times. The total number of Equity Shares Allotted in this category is 1,530,336 Equity
Shares (Including Spilled over from Employee category) to 553 successful Non-Institutional
Bidder. The category-wise details of the Basis of Allotment are as under: (Sample)

Category
No.
of Applications Received
%of
Total
Total
No. of Equity Shares Applied
%
to Total
No.
of Equity Shares Allotted per Bidder
Ratio
Total
No. of Equity Shares Allotted

224
124
22.42
27,776
1.82
224
1:1
27,776

240
51
9.22
12,240
0.80
240
1:1
12,240

256
20
3.62
5,120
0.33
256
1:1
5,120

272
12
2.17
3,264
0.21
272
1:1
3,264

288
5
0.90
1,440
0.09
288
1:1
1,440

304
4
0.72
1,216
0.08
304
1:1
1,216

320
31
5.61
9,920
0.65
320
1:1
9,920

336
11
1.99
3,696
0.24
336
1:1
3,696

352
2
0.36
704
0.05
352
1:1
704

384
1
0.18
384
0.03
384
1:1
384

22,208
1
0.18
22,208
1.45
22,208
1:1
22,208

24,688
1
0.18
24,688
1.61
24,688
1:1
24,688

27,760
1
0.18
27,760
1.81
27,760
1:1
27,760

36,896
1
0.18
36,896
2.41
36,896
1:1
36,896

40,880
1
0.18
40,880
2.67
40,880
1:1
40,880

55,552
1
0.18
55,552
3.63
55,552
1:1
55,552

91,264
1
0.18
91,264
5.96
91,264
1:1
91,264

111,104
1
0.18
111,104
7.26
111,104
1:1
111,104

111,120
1
0.18
111,120
7.26
111,120
1:1
111,120

300,000
1
0.18
300,000
19.60
300,000
1:1
300,000

TOTAL
553
100.00
1,530,336
100.00

1,530,336

The unsubscribed portion of 740,123 Equity Shares not allotted to any
other category, since the overall Offer was undersubscribed.

C. Allotment to Eligible Employees:

The Basis of Allotment to the Employees, who have placed bid at the
Offer Price of Rs. 900 (including discount of Rs. 80 per Equity Share offered to Eligible
Employees) per Equity Share, was finalized in consultation with the NSE. The Employee
Portion has been subscribed to the extent of 0 818389 times. The total number of Equity
Shares Allotted in this category is 92,144 Equity Shares to 936 successful Employees. The
category- wise details of the Basis of Allotment are as under

Category
No.
of Applications Received
%
of Total
Total
No. of Equity Shares Applied
%
to Total
No.
of Equity Shares Allotted per Bidder
Ratio
Total
No. of Equity Shares Allotted

16
372
39.74
5,952
6.46
16
1:1
5,952

32
145
15.49
4,640
5.04
32
1:1
4,640

48
50
5.34
2,400
2.60
48
1:1
2,400

64
53
5.66
3,392
3.68
64
1:1
3,392

80
48
5.13
3,840
4.17
80
1:1
3,840

96
17
1.82
1,632
1.77
96
1:1
1,632

112
24
2.56
2,688
2.92
112
1:1
2,688

128
26
2.78
3,328
3.61
128
1:1
3,328

144
8
0.85
1,152
1.25
144
1:1
1,152

160
32
3.42
5,120
5.56
160
1:1
5,120

176
5
0.53
880
0.96
176
1:1
880

192
8
0.85
1,536
1.67
192
1:1
1,536

208
30
3.21
6,240
6.77
208
1:1
6,240

224
13
1.39
2,912
3.16
224
1:1
2,912

240
26
2.78
6,240
6.77
240
1:1
6,240

256
4
0.43
1,024
1.11
256
1:1
1,024

288
1
0.11
288
0.31
288
1:1
288

304
3
0.32
912
0.99
304
1:1
912

320
4
0.43
1,280
1.39
320
1:1
1,280

336
2
0.21
672
0.73
336
1:1
672

352
1
0.11
352
0.38
352
1:1
352

368
5
0.53
1,840
2.00
368
1:1
1,840

416
2
0.21
832
0.90
416
1:1
832

432
1
0.11
432
0.47
432
1:1
432

464
1
0.11
464
0.50
464
1:1
464

480
4
0.43
1,920
2.08
480
1:1
1,920

496
1
0.11
496
0.54
496
1:1
496

512
2
0.21
1,024
1.11
512
1:1
1,024

544
7
0.75
3,808
4.13
544
1:1
3,808

576
1
0.11
576
0.63
576
1:1
576

592
3
0.32
1,776
1.93
592
1:1
1,776

608
37
3.95
22,496
24.41
608
1:1
22,496

TOTAL
936
100.00
92,144
100.00

92,144

Unsubscribed portion of 20,448 Equity Shares spilled over to QIB. NIB
and Retail Categories in the ratio of 75:15:10.

D. Allotment to QIBs

Allotment to QIBs. who have Bid at the Offer Price of Rs. 900 per
Equity Share or above, has been done on a proportionate basis in consultation with the
NSE. This category has been subscribed to the extent of 0.998138 times of QIB Portion. As
per the SEBI Regulations, Mutual Funds were Allotted 5% of the Equity Shares of QIB
Portion available i.e., Nil Equity Shares and other QIBs and unsatisfied demand of Mutual
Funds were Allotted the remaining available Equity Shares i.e., 24,463,152 Equity Shares
(Including Spilled over from Employee category) on a proportionate basis. The total number
of Equity Shares Allotted in the QIB Portion is 24,463,152 Equity Shares, which were
allotted to 36 successful QIB Bidders. The category-wise details of the Basis of Allotment
are as under:

Category
FIs/Banks
FIIs/FPIs
IC
MFs
OTHs
Total

QIB
1,899,984
21,763,200
388,864
-
411,104
24,463,152

Includes spillover of 1,240,009 Equity Shares from Employee and QIB MF
categories and adjusted same to the extent of QIB Portion subscribed i.e., 24,463,152 and
balance 45,461 Equity Shares were not allocated to any other category since the overall
Offer was under subscribed.

E. Allotment to Anchor Investors

The Company and the Selling Shareholders, in consultation with the
BRLMs. have allocated 35,745,901 Equity Shares to 58 Anchor Investors (through 62 Anchor
Applications) at the Anchor Investor Offer Price of Rs. 900 per Equity Share in accordance
with the SEBI Regulations. This represents 60% of the QIB Portion.

Category
MFs
ICs
AIFs
FPI/Flls
Total

Anchor
165,376
2,379,216
365,680
32,835,629
35,745,901

The IPO Committee of our Company on December 8, 2021 has taken on
record the Basis of Allotment of Equity Shares approved by the Designated Stock Exchange,
being NSE and has allotted the Equity Shares to various successful Bidders The Allotment
Advice-cum-Intimations and/ or notices will be dispatched to the address of the investors
as registered with the depositories Further, the instructions to the Self Certified
Syndicate Banks for unblocking of funds, transfer to Public Offer Account have been issued
on December 8, 2021 and payment to non-Syndicate brokers have been issued on December 8,
2021. In case the same is not received within ten days, investors may contact the
Registrar to the Offer at the address given below. The Equity Shares Allotted to the
successful Allottees have been uploaded on December 8, 2021 for credit into the respective
beneficiary accounts subject to validation of the account details with the depositories
concerned. The Company has filed the Listing application with NSE and BSE on December 9,
2021. The Company has received listing and trading approval from NSE and BSE and the
trading will commence on December 10, 2021.

All capitalised terms used and not specifically defined herein shall
have the same meaning as ascribed to them in the Prospectus.

INVESTORS PLEASE NOTE

The details of the allotment made will be hosted on the website of the
Registrar to the Offer, KFin Technologies Private Limited at www.kfintech.com

All future correspondence in this regard may kindly be addressed to the
Registrar to the Offer quoting full name of the first/ sole Bidder, Bid cum Application
Form number, Bidder DP ID, Client ID. PAN, date of submission of Bid cum Application Form,
address of the Bidder, number of Equity Shares applied for, the name and address of the
Designated Intermediary where the Bid cum Application Form was submitted by the Bidder and
a copy of the Acknowledgment Slip received from the Designated Intermediary at the address
given below:

KFin Technologies Private
Limited

Selenium, Tower B, Plot No-
31 and 32, Financial District, Nanakramguda, Serilingampally, Hyderabad Rangareddi, 500
032, Telangana, India

Tel: +91 40 6716
2222/180034 54001; E-mail: starhealth.ipo@kfintech.com
Investor grievance e-mail: einward.ris@kfintech.com

Website www.kfintech.com; Contact Person M Murali Knshna

SEBI Registration No.
INR000000221

For STAR HEALTH AND
ALLIED INSURANCE COMPANY LIMITED

On behalf of the Board of
Directors

Place: Chennai
Sd/-

Date:
December 9, 2021
Company Secretary and Compliance officer

THE LEVEL OF SUBSCRIPTION SHOULD NOT BE TAKEN TO BE INDICATIVE OF
EITHER THE MARKET PRICE OF THE EQUITY SHARES ON LISTING OR THE BUSINESS PROSPECTS OF STAR
HEALTH AND ALLIED INSURANCE COMPANY LIMITED.

STAR HEALTH AND ALLIED INSURANCE COMPANY LIMITED has filed the
Prospectus dated December 7, 2021 with RoC. The Prospectus is available on the website of
SEBI at www.sebi.gov.in, websites of the Stock
Exchanges i.e. BSE and NSE at www.bseindia.com and www.nseindia.com, respectively, and on the websites of
the GCBRLMs, i.e. Kotak Mahindra Capital Company Limited, Axis Capital Limited, BofA
Secunties India Limited, Citigroup Global Markets India Private Limited. ICICI Securities
Limited at https://investmentbank.kotak.com,
www.axiscap.in, www.mlindia.com,
www.online.citibank.co.in/rhtm/citigroupglobalscreen1.htm
and www.icicisecurities.com, respectively and
the websites of the BRLMs, i.e. CLSA India Private Limited, Credit Suisse Securities
(India) Private Limited and Jefferies India Private Limited at www.india.clsa.com, https://www.creditsuisse.com/in/en/investment-banking-apac/investment-banking-in-india/ipo.html
and www.jefferies.com, respectively and the
websites of the Co-BRLMs. i.e. Ambit Private Limited. DAM Capital Advisors Limited, IIFL
Securities Limited and SBI Capital Markets Limited at www.ambit.co,
www.damcapital.in, www.iiflcap.com
and www.sbicaps.com, respectively. Bidders should
note that investment in equity shares involves a high degree of risk and for details
relating to the same, please see the section entitled "Risk Factors" on page 26
of the Prospectus. Potential investors should not rely on the DRHP for making any
investment decision.

The Equity Shares offered in the Offer have not been and will not be
registered under the U S. Securities Act of 1993, as amended (the "U.S. Securities
Act") or any applicable state securities laws in the United States and. unless so
registered, may not be offered or sold within the United States, except pursuant to an
exemption from, or in a transaction not subject to, the registration requirements of the
U.S. Securities Act and applicable U.S state securities laws. Accordingly, the Equity
Shares are being offered and sold (i) within the United States, only to persons reasonably
believed to be "qualified institutional buyers" (as defined in Rule 144A under
the U.S. Securities Act) in transactions exempt from, or not subject to, the registration
requirements of the U.S. Securities Act, and (ii) outside the United States, in offshore
transactions in reliance on Regulation S under the U.S. Securities Act and the applicable
laws of the jurisdiction where those offers and sales are made. There will be no public
offering of the Equity Shares in the United States.}

Star Health IPO Basis of Allotment FAQs

The IPO allocation is based on the subscription level and the investor category.

Refer to IPO allotment rules and methods for more details.

See the basis of allotment document above to know how the shares are allocated in Star Health IPO .

The Star Health IPO basis of allotment (published above) tells you how shares are allocated to you in Star Health IPO and category wise demand of IPO share.

Visit the Star Health IPO allotment status page to check the number of shares allocated to your application.

In Star Health IPO allotment process, the registrar separates valid and invalid applications. The invalid applications with technical errors are rejected and only valid applications at or above the cut-off price are considered for allotment.

For more information, please refer to IPO Allotment Process and Basis of Allotment.

Check the Star Health IPO basis of allotment document to know how the shares are allocated in Star Health IPO.

Star Health IPO Basis of Allotment

Star Health IPO Basis of Allotment FAQs

How shares are allotted in Star Health IPO?

What is Star Health IPO basis of allotment status?

What is Star Health IPO allotment process?

Read more about Star Health IPO