Open Date
15 Jan 24
17 Jan 24
35 shares
₹1171.58 Cr
Lot Size
IPO Size
Listing At
BSE, NSE
Listing Date
Price Range
₹397 to ₹ 418
Close Date
Allotment Date
18 Jan 24
22 Jan 24
Established in 2002, Medi Assist Healthcare Services Limited is recognised as the largest health benefits administrator in India. It operates as a tech-enabled healthcare and insurance platform also known as health-tech and ensure-tech platforms. As of March 2023, the company has partnerships with 36 Indian and global insurance companies. The company mainly works with insurance providers along with being an intermediary for: i) General and health insurance companies and the insured members ii) Insurance companies and healthcare providers (such as hospitals) iii) The Government and beneficiaries of public health schemes.
Being an OFS IPO, the proceeds will not be received by the company.
The book-running lead managers to the offer are: Axis Capital Ltd IIFL Securities Ltd Nuvama Wealth Management Ltd SBI Capital Markets Ltd
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