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Rakesh Jhunjhunwala-Backed Star Health IPO To Open On Tuesday: GMP, Price Band, Other Details

Under the offer for sale, Rakesh Junjhunwala will not be selling his shares in the IPO.
Under the offer for sale, Rakesh Junjhunwala will not be selling his shares in the IPO.
New Delhi: Billionaire investor Rakesh Jhunjhunwala-backed Star Health and Allied Insurance Company's share sale via initial public offering (IPO) will start on Tuesday (November 30). The IPO will conclude on December 2. Star Health is planning to raise Rs 7,249.18 crore from the IPO which consists of an offer for sale (OFS) by existing promoters and shareholders worth Rs 5,249.18 crore and fresh issue of Rs 2,000 crore.
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