Star Health lists at a discount, but ends in the green

The Street was expecting the stock to list at a discount after a tepid response to its IPO - the third-largest issue of 2021. Investors subscribed to 79% of the issue. Following a tepid response to its IPO, the insurer had cut its offer for sale size to ₹4,000 crore from ₹5,249 crore earlier. The IPO was priced between ₹870 and ₹900 per share.

from Markets-Economic Times https://ift.tt/3lQ0mdp