Medi Assist Healthcare Services Ltd IPO Date, Price, Allotment Detail

Medi Assist Healthcare Services LimitedMAIN BOARD
Medi Assist Healthcare Services Limited Details
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 Starts15 JAN 2024
Offer Ends17 JAN 2024
Allotment18 Jan 2024
Refunds19 JAN 2024
Credit of shares to Demat account19 JAN 2024
IPO Listing22 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 InManaging Director
2002Mr. Dr Vikram Jit Singh Chhatwal

Medi Assist Healthcare Services Limited IPO Prospectus

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DRHP Draft ProspectusClick Here
RHP Draft ProspectusClick Here

Share Holding

Share Holding Pre-Issue67.55%
Share Holding Post-Issue45.75%

Financials

Revenue
YearValues
2021₹323
2022₹394
2023₹505
All values are in Rs. Cr
Total Asset
YearValues
2021₹545.30
2022₹602.23
2023₹705.72
All values are in Rs. Cr
Profit
YearValues
2021₹26.27
2022₹64.22
2023₹74.04

Fundamentals

ValuesValues
Market cap.2878.32 CrROE
P/E (X)38.87ROCE24.95%
POST P/E (X).64EPS10.75
Debt to EquityRONW19.63%

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
AddressMedi 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
E-mailinvestor.relations@mediassist.in
Websitehttps://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
E-mailSignatureglobal.ipo@linkintime.co.in
Websitehttps://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.