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IPO craze continues as two issues to open for subscription this week

Rakesh Jhunjhunwala-backed Star Health’s public offering will open for subscription on Tuesday and the share sale will conclude on December 2. The IPO comprises fresh issue of equity shares worth ₹2,000 crore and an offer-for-sale of up to 58,324,225 equity shares by promoters and existing shareholders. The three-day initial share sale of Tega Industries will open for public subscription on December 1 and conclude on December 3. The initial share sale’s price band has been fixed at ₹443-453 per share.

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