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.
| DRHP | Download |
| RHP | Download |
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]
Website: www.linkintime.co.in
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]
Website: https://mediassist.in/
Medi Assist Healthcare IPO Lead Managers
SBI Capital Markets Limited
Nuvama Wealth Management Limited
IIFL Securities Limited
Axis Capital Limited