Security Name: 8.75% Star Health and Allied Insurance Company Limited 27 Oct 2028
ISIN: INE575P08040
Taxable
Tax Category
29 Oct, 2026
Call Date
(1 Yr 1 Mo 27 D to call)
Yearly
Interest Payment Frequency
No
NRI Eligibility
29 Oct, 2021
Allotment Date
NA
Put Date
29 Oct, 2025
Next Interest Payment Date
15 days
Shut Period
Both
Active on NSDL/CDSL
Non-Guaranteed
Type of Guarantee
No
Perpetual
Private Placement
Mode of Issue
Listed
Listing Details
Non Public Sector Undertaking
Type of Issuer
Quote Not Available
Dirty Price
8.75%
Coupon
Fixed Interest
Coupon Basis
Quote Not Available
Current Yield
14 Oct, 2025
Record Date
YOUR EARNING
Your Investment
Final Payout
₹0
Error Generating Cashflow 😥. We are looking into this.
*All Interest Payments will be subject to TDS (Not Applicable on Government Securities and Tax Free Bonds)
YOUR RISK
Repayment Priority
Higher the level, higher the priority of investment repayment on default
Security with Collateral?
An investment secured with collateral helps
ISSUER
Star Health and Allied Insurance Company Limited
Star commenced its operations in 2006. The business interests span health insurance, overseas mediclaim policy and personal accident policy. It has a pan-India presence, with 737 branch offices, a network of 464,000 agents, with cashless and reimbursement facilities, and over 10,870 network hospitals across India.
The ratio in FY25 is 0.52x and it was 0.40x in FY24, indicating slight increase in debt level due to the overall claim ratio rose to 70.3% in FY25, a direct result of more frequent and severe claims, which ate into profitability.
Debt/EBITDA
The ratio in FY25 is 22.04x and it was 28.39x in FY24, indicating decrease in the debt servicing ability of the issuer due to an increase in claims and a substantial rise in underwriting losses, despite strong premium growth.
Interest coverage ratio
Recent News
Star Health enters GIFT City, plans international products for NRIs
Mar 26, 2024 | Star Health and Allied Insurance Company Limited
Star Health Insurance Receives Credit Rating Upgrade from India Ratings CARE
Oct 11, 2024 | Star Health and Allied Insurance Company Limited
Star Health Q1 Results | Net dips 18%, underwriting profit sharply lower, net premium rises
Aug 12, 2025 | Star Health and Allied Insurance Company Limited
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STEPS TO BUY THIS BOND
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To know more about the Bond and the issuer, download the Information Memorandum.
To read about the reasons for the ratings assigned to the Bond, download the Rating Rationale.
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Total Investment
| Cashflow for INE575P08040 |
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| Disclaimer: The actual dates and interest amounts can vary depending on Bank closures, holidays etc. Tax Deducted at Source (TDS) is applicable on interest receivable based on relevant tax regulations. You can avail TDS credit while filing your Income Tax Return (ITR). |
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| Security Name |
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| 8.75% Star Health and Allied Insurance Company Limited 27 Oct 2028 |
| Credit Rating |
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| AA Stable by IND |
| Coupon Frequency |
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| Yearly |
| Face Value |
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| ₹10,00,000 |
| Coupon |
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| 8.750000% |
| YTM or YTC |
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| YTC |
| Call Date |
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| 29/10/2026 |
| Security |
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| Senior Unsecured |
| No. of Bonds |
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| 1 |
| Settlement Date |
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| Principal Amount |
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| ₹NaN |
| Accrued Interest |
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| ₹0 |
| Stamp Duty |
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| ₹0 |
| Total Amount Payable |
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| ₹NaN |
| Price |
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| ₹NaN |
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Quote Not Available for purchase
Disclaimer: Investments in Debt Securities/ Municipal Debt Securities/ Securitised Debt Instruments are subject to risks including delay and/ or default in payment. Read all the Offer Related documents carefully.
Source: Issuer website, Rating Rationale, Issuer Annual Report, Information Memorandum and News from Google.
