Medi Assist Healthcare IPO Date, Price, GMP, Review, Details

The Medi Assist Healthcare has begun on 15-January-2024. It will close on 17-January-2024. The Total IPO Size is 1,171.58 Crore. The company set its IPO price is 397-418 Rs Per Share. Basically, there are three basic categories in Medi Assist Healthcare IPO Subscription 1) Qualified Institutional Buyers 2) Non-Institutional Investors 3) Qualified Institutional Buyers.

Medi Assist Healthcare Services is a health-tech and insurance-tech company that manages health benefits for employers, retail members, and public health schemes, primarily serving insurance companies.

It 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.

Medi Assist Healthcare Promoters

Dr. Vikram Jit Singh Chhatwal,Medimatter Health Management Private Limited and Bessemer India Capital Holding II Ltd. is a Promotors of the company.

Medi Assist Healthcare IPO Date, Details & Price Band

The Medi Assist Healthcare IPO Price Band, IPO Dates, Market lot and other details mention in be below table.

IPO Opening Dates 15-January-2024
IPO Closing Dates 17-January-2024
Price Band 397-418 Rs
Fresh Issue NIL
Offer for Sale 1,171.58 Crore (2,80,28,168 Shares)
Total IPO size 1,171.58 Crore (2,80,28,168 Shares)
Minimum bid (lot size) 35 Shares
Face Value 5 INR Per Share
Issue Type Book Built Issue IPO
QIB Allocation 50%
HNI Allocation 15%
Retail Allocation 35%
Listing On NSE, BSE

Medi Assist Healthcare IPO Market Lot

The Medi Assist Healthcare IPO minimum market lot is 35 shares With 14,630 ₹ Amount per application.

Lot No of Shares Amount
Retail Minimum 1 35 14,630 ₹
Retail Maximum 13 455 1,90,190 ₹

Restated Financial Record of the three year (Amt. in Crore)

Total Assets Total Revenue Profit After Tax
31-Mar-23 705.72 518.96 74.04
31-Mar-22 602.23 412.02 64.22
31-Mar-21 545.30 345.57 26.27

Medi Assist Healthcare IPO GMP & Grey Market Premium

Medi Assist Healthcare IPO GMP Grey market premium has been started today. Check Latest Medi Assist Healthcare IPO GMP, Kostak Rates and Subject to Sauda Price here.

Medi Assist Healthcare IPO Prospectus

Medi Assist Healthcare IPO Prospectus Available on BSE and Sebi Website as well as on our Portal. Please click here to Download Medi Assist Healthcare IPO Prospectus.

Medi Assist Healthcare IPO Prospectus Download
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Medi Assist Healthcare IPO Reviews

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Medi Assist Healthcare IPO Form Download

Medi Assist Healthcare IPO form Available on NSE, BSE Website as well as on our Portal. Please click here to Download Medi Assist Healthcare IPO forms.

Medi Assist Healthcare IPO Allotment Date & Details

Allotment Date 18-January-2024
Initiation of refunds 19-January-2024
Transfer of shares to Demat accounts 19-January-2024
Listing Date 22-January-2024
Check Allotment Status Click here

Registrar of Medi Assist Healthcare

Link Intime India Private Limited
C-101, 247 Park
LBS Marg
Vikhroli (West)
Mumbai 400 083
Maharashtra, India
Tel: (+ 91) 810 811 4949
E-mail: [email protected]
Investor grievance E-mail:
[email protected]
Contact person: Shanti Gopalkrishnan
SEBI Registration No.:INR000004058

Medi Assist Healthcare Contact Details

Medi Assist Healthcare Services Limited
Tower D, 4th floor, IBC Knowledge Park
4/1 Bannerghatta Road
Bengaluru 560 029
Phone: (+91 80) 6919 0000
Email: [email protected]

Medi Assist Healthcare IPO Lead Managers

SBI Capital Markets Limited
Nuvama Wealth Management Limited
IIFL Securities Limited
Axis Capital Limited

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