IPO Advisory
In-depth, experienced and seamless execution throughout the IPO Process.
IPO Detail
IPO Information
Financial
Financial Report
Peer Comparison
Performance
Performance Report
Medi Assist Healthcare Services IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 1171.58 Cr. The company is based in Bangalore and caters to Insurance sector. Axis Capital , Iifl Securities , Nuvama Wealth Management , SBI Capital Markets are the merchant bankers of Medi Assist Healthcare Services IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 25th August 2023.
Medi Assist Healthcare Services IPO open date is 15th January 2024 and close date is 17th January 2024. IPO Allotment Date is 18th January 2024 and Listing date is 23rd January 2024.
IPO
Size:
₹ 1171.58 Cr.
Avg IPO Size (Sector Based)
: ₹
7,624.77 cr.
Sector: Insurance
IPO so far:
11
Merchant Banker:
Axis Capital
IPO by BRLM so far:
161
City:
Bangalore
IPO so far:
44
Revenue (annualised):
₹
624.06
cr. 
PE
Ratio:
21.86x
Average Sector PE Ratio: 5.48x
Medi Assist Healthcare Services IPO size is ₹ 1171.58 Cr. with IPO price of ₹ 418.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Axis Capital Limited is the book-running lead manager of the Medi Assist Healthcare Services IPO. Link Intime India Private Limited is the Registrar for Medi Assist Healthcare Services IPO.
Medi Assist Healthcare Services IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Medi Assist Healthcare Services IPO, based in Bangalore, operates in the Insurance sector with a focus on TPA in insurance sector. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. Medi Assist Healthcare Services IPO size is ₹ 1171.58 Cr. with fresh issue size of ₹ 1171.58 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for Medi Assist Healthcare Services IPO is expected to be 18th January 2024, after the finalization of basis of allotment. Investors can check Medi Assist Healthcare Services IPO allotment status on the registrars website, Link Intime India Private Limited . Medi Assist Healthcare Services IPO refund dates are 19th January 2024.
Medi Assist Healthcare Services IPO is expected to be listed on 23rd January 2024.
The upper price band for the Medi Assist Healthcare Services IPO is set at ₹ 418.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Medi Assist Healthcare Services IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Medi Assist Healthcare Services IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 17th January 2024. After submission, funds are blocked until the basis of allotment of Medi Assist Healthcare Services IPO is finalised.
The merchant banker for Medi Assist Healthcare Services IPO is Axis Capital Limited , Iifl Securities Limited , Nuvama Wealth Management Limited , SBI Capital Markets Limited . Axis Capital Limited , Iifl Securities Limited , Nuvama Wealth Management Limited , SBI Capital Markets Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Medi Assist Healthcare Services IPO RHP for further details.
The registrar for Medi Assist Healthcare Services IPO is Link Intime India Private Limited . Investors can go to Link Intime India Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Medi Assist Healthcare Services IPO through their official website or helpline.
Medi Assist Healthcare Services IPO was subscribed 16.25 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 1171.58 Cr.
Avg IPO Size (Sector Based)
:
₹ 7,624.77 Cr.
Sector: Insurance
IPO so far:
11
Merchant Banker:
Axis Capital
IPO by BRLM so far:
161
City:
Bangalore
IPO so far:
44
Revenue (annualised):
₹ 603.92 cr.
PE
Ratio:
21.86x
Average Sector PE Ratio: 5.48x
Medi Assist Healthcare Services IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Medi Assist Healthcare Services Financial Review Page
Merchant Banker(s) of Medi Assist Healthcare Services IPO: Axis Capital Limited , Iifl Securities Limited , Nuvama Wealth Management Limited , SBI Capital Markets Limited
Medi Assist Healthcare Services IPO subscription was 16.25 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Medi Assist Healthcare Services IPO listed at a listing price of 464.25 against the offer price of 418.00.
The current market price of Medi Assist Healthcare Services is 495.40.
Why Us?
