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Medi Assist Healthcare Services IPO is a Book Building 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 posted revenues of ₹ 624.06 crores and PAT of ₹ 90.52 crores in FY24 on annualised basis.
Revenue:
₹ 603.92 Cr.
EBITDA Margin:
20.66
% 
Net Worth: ₹ 416.64 Cr.
Market Capitalisation:
₹ 2878.32 Cr.
P/E:
21.86 times
P/BV: 1.81 times
EV/EBITDA: 22.91 times
Financial results of Medi Assist Healthcare Services IPO based on restated financials as per prospectus and IPO review parameters can be referred to below.
| Financials | Sep-23 | FY23 | FY22 | FY21 | |
|---|---|---|---|---|---|
|
Balance Sheet
|
|||||
| Assets | 802.62 | 705.71 | 602.23 | 545.29 | |
| Net Worth | 416.64 | 383.67 | 339.29 | 292.55 | |
| Total Debt | 0.77 | 0.77 | [●] | [●] | |
|
Profit & Loss
|
|||||
Revenue
Revenue on annualised basis |
301.96
603.92 |
504.93 | 393.81 | 322.74 | |
EBITDA
EBITDA on annualised basis |
62.39
124.78 |
119.35 | 91.22 | 322.74 | |
PAT
PAT on annualised basis |
24.26
48.52 |
75.31 | 63.47 | 38.01 | |
Medi Assist Healthcare Services IPO PAT Margin is 8.03 % , ROCE (Return on Capital Employed) is 11.23 % as per latest financial. The below table shows Medi Assist Healthcare Services IPO Key Performance Indicators (KPI) as mentioned in company’s prospectus.
| Particulars | Sep-23 | FY23 | FY22 | FY21 |
|---|---|---|---|---|
| EBITDA Margin (%) | 20.66 | 23.64 | 23.16 | 100.00 |
| PAT Margin (%) | 8.03 | 14.91 | 16.12 | 11.78 |
| EPS (₹) | 3.33 | 10.83 | 9.14 | 5.62 |
| ROE (%) | 5.82 | 19.63 | 18.71 | 12.99 |
| ROCE (%) | 11.23 | 24.95 | 22.02 | 20.43 |
| ROA (%) | 3.02 | 10.67 | 10.54 | 6.97 |
| Debt to Equity | 0.00 | 0.00 | [●] | [●] |
The market Capitalisation of Medi Assist Healthcare Services IPO is ₹ 2878.32 crores at the time of IPO and other IPO valuation metrics of this IPO is mentioned below.
The Medi Assist Healthcare Services IPO prospectus highlights an Return on Equity (ROE) of 5.82 % , Return on Assets (ROA) of 3.02 %, and an EBITDA Margin of 20.66 %, showcasing financial performance.
Profitability ratios like Return on Equity (ROE), Return on Assets (ROA), and Net Profit Margin shows Medi Assist Healthcare Services IPO financial report. Analysing these metrics can provide insights into the company’s efficiency, profitability, and long-term growth potential.
The post-IPO market capitalisation of Medi Assist Healthcare Services IPO is ₹ 2878.32 Cr., based on the issue price and share structure. It helps investors gauge the company’s valuation and compare it with industry peers before investing.
The Medi Assist Healthcare Services IPO has a Price-to-Earnings (PE) ratio of 21.86 X, indicating valuation compared to industry peers. It helps investors determine if the stock is overvalued or undervalued compared to its earnings and industry peers.
Medi Assist Healthcare Services IPO reported revenue of ₹ 624.06 Cr. in the latest fiscal year, showing business performance, on annualised basis. Revenue figures from Medi Assist Healthcare Services IPO provide insights into sales growth, market demand, and business scalability.
Medi Assist Healthcare Services recorded an EBITDA of ₹ 124.78 Cr., reflecting operational efficiency. EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortisation) measures operational profitability.
Medi Assist Healthcare Services Profit After Tax (PAT) is ₹ 48.52 Cr., reflecting earnings growth. Profit After Tax (PAT) reflects the company’s actual earnings after all expenses, taxes, and deductions
Revenue:
₹ 603.92 Cr.
EBITDA Margin:
20.66
%
Net Worth: ₹ 416.64 Cr.
Market Capitalisation:
₹ 2878.32 Cr.
P/E:
21.86 times
P/BV: 1.81 times
EV/EBITDA: 22.91 times
Medi Assist Healthcare Services operates in Insurance and TPA In Insurance Sector. The Issue is listed on BSE,NSE in Jan, 2024. Medi Assist Healthcare Services IPO size was 1171.58 with Issue price of 418.00 .
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 526.70.
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