Medi Assist Healthcare Services Limited
₹14,630(35 Shares)
Minimum Investment
IPO Dates
Jan 15, 2024 – Jan 17, 2024
Price Band
₹397–418 per equity share
Lot Size
35
Listing
Jan 23, 2024
Listing At
BSE, NSE
Medi Assist Healthcare Services Limited Live Subscription Details
All IPOsAll Live IPOsNII Sub-Categories
sHNI (< ₹10L)
Bids ₹2L to ₹10L
bHNI (> ₹10L)
Bids above ₹10L
Overall Subscription
Total Bids Received
16.25x
Medi Assist Healthcare Services Limited IPO Issue Details
- Issue Price
- ₹397-418 Per Equity Share
- Face Value
- ₹5 Per Equity Share
- Listing At
- BSE, NSE
- Listing Date
- Jan 23, 2024
- Registrar
- Link Intime India Private Ltd
Market Lot Details
Reservation Details
Shares Offered
42,04,226
Shares Offered
56,05,634
Shares Offered
84,08,449
Company Information
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 c...
Valuations
EPS (Pre-IPO)
10.94
EPS (Post-IPO)
13.15
P/E (Pre-IPO)
38.22
P/E (Post-IPO)
31.8
RoNW
19.63%
Financial Information (₹ in Crores)
* All figures are in ₹ Crores unless otherwise stated.
Objectives of the Issue
- 1The object of the Offer is to achieve the benefits of listing the Equity Shares on the Stock Exchanges. The company expects that listing the Equity Shares will enhance its visibility and brand and provide liquidity to its existing Shareholders. The 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.
Medi Assist Healthcare Services Limited – Promoter(s)
Contact Details
Corporate Office
Tower D, 4th floor, IBC Knowledge Park, 4/1 Bannerghatta Road, Bengaluru 560 029
Medi Assist Healthcare Services Limited Allotment & Registrar Details
Check AllotmentLink Intime India Private Ltd
Medi Assist Healthcare Services Limited IPO Documents
Frequently Asked Questions — Medi Assist Healthcare Services Limited IPO
The Medi Assist Healthcare Services Limited IPO price band is set at ₹397.00 to ₹418.00 per equity share.
The lot size for Medi Assist Healthcare Services Limited IPO is 35 shares per lot. The minimum investment amount is approximately ₹14,630.
The Medi Assist Healthcare Services Limited IPO opens on Jan 15, 2024 and closes on Jan 17, 2024.
Medi Assist Healthcare Services Limited IPO is expected to be listed on Jan 23, 2024 on BSE, NSE.
The registrar for Medi Assist Healthcare Services Limited IPO is Link Intime India Private Ltd. You can contact them at medi.ipo@linkintime.co.in.
