Medi Assist Healthcare Services IPO Details 

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

IPO Details

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.

About the Company

Being an OFS IPO, the proceeds will not be received by the company.

Objective

The book-running lead managers to the offer are: Axis Capital Ltd IIFL Securities Ltd  Nuvama Wealth Management Ltd SBI Capital Markets Ltd

Book Runners

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