| Medi Assist Healthcare Services Limited | MAIN BOARD |
| Minimum Investment ₹14,630.00 /1 Lot (35 shares) | Price Range ₹397-₹418 | |
| Max Quantity 13 Lots/455 Shares | Max Investment ₹1,90,190.00 | Retail Discount ₹0 |
| Investor category and sub category Individual- HNI & Retail | Issue Size 1,171.58 Cr | Employee Discount ₹0 |
| Total Issue Size 28,028,168 Shares (aggregating up to ₹1,171.58. Cr) | Share Holding Pree Issue 68,859,212 | Issue Type Book build Issue IPO |
| Fresh Issue Share 28,028,168 Shares (aggregating up to ₹1,172.58 Cr) | Share Holding Post Issue 68,859,212 | Listing At BSE, NSE |
| . | Face value ₹5 |
IPO Dates
| Offer Starts | 15 JAN 2024 |
| Offer Ends | 17 JAN 2024 |
| Allotment | 18 Jan 2024 |
| Refunds | 19 JAN 2024 |
| Credit of shares to Demat account | 19 JAN 2024 |
| IPO Listing | 22 JAN 2024 |
About Medi Assist Healthcare Services Limited
- Incorporated in June 2002, Medi Assist Healthcare Services Limited is a health-tech and insurance-tech company that manages health benefits for employers, retail members, and public health schemes, primarily serving insurance companies.
- Medi Assist offers medical insurance and cashless hospitalization through a network of healthcare service providers.
- However, the company also acts as a mediator between (a) general and health insurance companies and their insured members, (b) insurance companies and healthcare providers (such as hospitals), and (c) the Government and beneficiaries of public health schemes.
- . Medi Assist Healthcare collaborated with 36 insurance companies in India and worldwide as of March 31, 2023.
| Incorporated In | Managing Director |
| 2002 | Mr. Dr Vikram Jit Singh Chhatwal |
Medi Assist Healthcare Services Limited IPO Prospectus
| . | |
| DRHP Draft Prospectus | Click Here |
| RHP Draft Prospectus | Click Here |
Share Holding
| Share Holding Pre-Issue | 67.55% |
| Share Holding Post-Issue | 45.75% |
Financials
| Revenue | |
| Year | Values |
| 2021 | ₹323 |
| 2022 | ₹394 |
| 2023 | ₹505 |
| Total Asset | |
| Year | Values |
| 2021 | ₹545.30 |
| 2022 | ₹602.23 |
| 2023 | ₹705.72 |
| Profit | |
| Year | Values |
| 2021 | ₹26.27 |
| 2022 | ₹64.22 |
| 2023 | ₹74.04 |
Fundamentals
| Values | Values | ||
| Market cap | .2878.32 Cr | ROE | |
| P/E (X) | 38.87 | ROCE | 24.95% |
| POST P/E (X) | .64 | EPS | 10.75 |
| Debt to Equity | RONW | 19.63% |
Objects of the Issue
- The Company expects that listing of the Equity Shares will enhance our visibility and brand and provide liquidity to its existing Shareholders. Listing will also provide a public market for the Equity Shares in India. The Company will not receive any proceeds from the Offer. All proceeds from the Offer will go to the Selling Shareholders, in proportion to the Equity Shares offered by them in the Offer for Sale.
Brokerage Firm IPO Review
- To be updated soon
| Medi Assist Healthcare Services Limited Contact Details | |
| Address | Medi Assist Healthcare Services Limited Tower D, 4th floor, IBC Knowledge Park 4/1 Bannerghatta Road Bengaluru 560 029 |
| Phone: +91 22 2564 2095 | (+91 80) 6919 0000 |
| investor.relations@mediassist.in | |
| Website | https://mediassist.in/ |
| Medi Assist Healthcare Services Limited IPO Lead Managers |
| Axis Bank Limited |
| Iifl Securities Ltd |
| Nuvama Wealth Management Limited |
| SBI Capital Markets Limited |
| Medi Assist Healthcare Services Limited IPO Registrar | |
| . | Link Intime India Private Ltd |
| Phone | +91-22-4918 6270 |
| Signatureglobal.ipo@linkintime.co.in | |
| Website | https://linkintime.co.in/ |
| Medi Assist Healthcare Services Limited IPO Allotment Status Check |
| IPO Allotment Status Check |
Medi Assist Healthcare Services Limited IPO FAQs
What is Medi Assist Healthcare Services Limited IPO?
- Medi Assist Healthcare Services Limited IPO is an MAIN BOARD IPO. They are going to raise ₹1,172.58 Crores via IPO. The issue is priced at ₹397 to ₹418 per equity share. The IPO is to be listed on NSE, BSE
When Medi Assist Healthcare Services Limited IPO will open?
- The IPO is to open on January 15, 2023, for QIB, NII, and Retail Investors.
What is Medi Assist Healthcare Services Limited IPO Investors Portion?
- The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.
What is Medi Assist Healthcare Services Limited IPO Size?
- Medi Assist Healthcare Services Limited IPO size is ₹1,172.58 crores.
What is Medi Assist Healthcare Services Limited IPO Price Band?
- Medi Assist Healthcare Services Limited IPO Price Band is ₹397 To ₹418 per equity share.
What is Medi Assist Healthcare Services Limited IPO Minimum and Maximum Lot Size?
- The IPO bid is Minimum 1 Lot (35 Shares) with ₹14,630. and Maximum Lot Size 13 Lots / (455 Shares) with ₹1,90,190
What is Medi Assist Healthcare Services Limited IPO Allotment Date?
- Medi Assist Healthcare Services Limited IPO allotment date is January 18, 2024.
What is Medi Assist Healthcare Services Limited IPO Listing Date?
- Medi Assist Healthcare Services Limited IPO listing date is January 16, 2024. The IPO to list on NSE, BSE.