Medi Assist Healthcare Services Limited
| Opening Date | Closing Date | Face Value | Issue Price | Lot Size | Listing At | Total Issue Size | Basis of Allotment | Initiation of Refunds | Credit of Shares to Demat | Listing Date |
|---|---|---|---|---|---|---|---|---|---|---|
| 14-01-2024 | 16-01-2024 | ₹5 per share | 397 | 35 Shares | BSE SME | N/A | 2024-01-17 18:30:00 | 2024-01-18 18:30:00 | 2024-01-18 18:30:00 | 21-01-2024 |
About The Company
Medi Assist Healthcare IPO is a book built issue of Rs 1,171.58 crores. The issue is entirely an offer for sale of 2.8 crore shares.
Medi Assist Healthcare IPO opens for subscription on January 15, 2024 and closes on January 17, 2024. The allotment for the Medi Assist Healthcare IPO is expected to be finalized on Thursday, January 18, 2024. Medi Assist Healthcare IPO will list on BSE, NSE with tentative listing date fixed as Monday, January 22, 2024.
Medi Assist Healthcare IPO price band is set at ₹397 to ₹418 per share. The minimum lot size for an application is 35 Shares. The minimum amount of investment required by retail investors is ₹14,630. The minimum lot size investment for sNII is 14 lots (490 shares), amounting to ₹204,820, and for bNII, it is 69 lots (2,415 shares), amounting to ₹1,009,470.
Axis Bank Limited, Iifl Securities Ltd, Nuvama Wealth Management Limited and SBI Capital Markets Limited are the book running lead managers of the Medi Assist Healthcare IPO, while Link Intime India Private Ltd is the registrar for the issue.
Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrow |
|---|---|---|---|---|---|---|
| 29-09-2023 | 803 | 312 | 22 | 416.64 | 102.03 | 0 |
| 30-03-2023 | 706 | 519 | 74 | 383.67 | 353.86 | 0 |
| 30-03-2022 | 602 | 412 | 64 | 339.29 | 308.63 | 0 |
| 30-03-2021 | 545 | 346 | 26 | 292.55 | 295.81 | 0 |
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 35 | 14630 |
| Retail (Max) | 13 | 455 | 190190 |
| S-HNI (Min) | 14 | 490 | 204820 |
| S-HNI (Max) | 68 | 2380 | 994840 |
| B-HNI (Min) | 69 | 2415 | 1009470 |
IPO Listing Details
| Listing Date | 21-01-2024 |
| BSE Script Code | N/A |
| NSE Symbol | N/A |
| ISIN | N/A |
| Final Issue Price | 0 |
Promoter holdings
Dr Vikram Jit Singh Chhatwal
Contact Information of the Company
Medi Assist Healthcare Services Limited
Tower D, 4th floor, IBC Knowledge Park
4/1 Bannerghatta Road
Bengaluru 560 029
Phone: (+91 80) 6919 0000
Email: investor.relations@mediassist.in
Website: https://mediassist.in/
IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: medi.ipo@linkintime.co.in
Website: https://linkintime.co.in/mipo/ipoallotment.html
IPO Lead Manager
Axis Bank Limite Iifl Securities Ltd Nuvama Wealth Management Limited SBI Capital Markets Limited