Medi Assist Healthcare IPO Date, Review, Price, Allotment Details

Medi Assist Healthcare is India’s greatest well being advantages administrator relating to revenues within the Financial Years 2021, 2022, and 2023 (Source: F&S Report). Their number one shoppers are insurance coverage firms; on the other hand, additionally they function an middleman between (a) normal and medical insurance firms and the insured individuals, (b) insurance coverage firms and healthcare suppliers (similar to hospitals), and (c) the Government and beneficiaries of public well being schemes. For the Financial Year 2022, their overall revenues accounted for twenty-four.89%, our EBITDA accounted for 40.88%, and our benefit after tax accounted for 55.31%, of the Indian well being advantages management trade income, EBITDA and benefit after tax, respectively (Source: F&S Report).

They also are the biggest well being advantages administrator in India relating to top class beneath control for retail and workforce insurance policies, with a marketplace percentage of 14.83% of the retail medical insurance marketplace and 41.71% of the crowd medical insurance marketplace, and mixed retail and workforce section percentage of 33.67% serviced via well being advantages directors for the Financial Year 2022 (Source: F&S Report). They controlled ₹145,746.49 million of medical insurance premiums (workforce and retail) on the finish of Financial Year 2023 rising at a CAGR of 35.67% from ₹79,184.93 million as on the finish of Financial Year 2021. As of March 31, 2023, we paintings with 36 insurance coverage firms in India and globally.

Their technology-driven infrastructure and products and services are custom-built, and lend a hand quite a lot of stakeholders similar to insurance coverage firms, hospitals, insurance coverage agents, and insurance coverage brokers of their operations, and are scalable, complete, simple to make use of, and safe. This allows us to supply a complete healthcare approach to our shoppers, encompassing an intensive in-patient and out-patient community, on-demand well being products and services, powerful control of fraud, waste, and abuse, in addition to efficient clinical inflation keep an eye on. Their know-how prices(working prices and capital expenditure) have been ₹49.57 million, ₹18.32 million, and ₹202.19 million for the Financial Years 2021, 2022, and 2023, respectively, and aggregated to at least one.54%, 0.47%, and four.00% in their income from contracts with shoppers, respectively.

Objects of the Issue

• The Company expects that record of the Equity Shares will fortify our visibility and emblem and supply liquidity to its present Shareholders. Listing may even supply a public marketplace for the Equity Shares in India. The Company won’t obtain any proceeds from the Offer. All proceeds from the Offer will move to the Selling Shareholders, in percentage to the Equity Shares presented via them within the Offer for Sale.

Medi Assist Healthcare IPO Review (Apply or Not)

Brokerage Firm IPO Review

• Capital Market: To be up to date quickly
• Religare Broking: To be up to date quickly
• Hem Securities: To be up to date quickly
• Arihant Capital: To be up to date quickly

Medi Assist Healthcare IPO Date & Price Band Details

Medi Assist Healthcare IPO Market Lot

The Medi Assist Healthcare IPO minimal marketplace lot is [.] stocks with ₹[.] software quantity. The retail traders can practice up-to 13 loads with [.] stocks or ₹[.] quantity.

Medi Assist Healthcare IPO Allotment & Listing Dates

The Medi Assist Healthcare IPO date is January 2024 and the shut date is January 2024. The Medi Assist Healthcare IPO allotment shall be finalized on 2024 and the IPO record on 2024.

You can test IPO subscription standing and IPO allotment standing on their respective pages.

Medi Assist Healthcare IPO Form

How to use for the Medi Assist Healthcare IPO? You can practice for Medi Assist Healthcare IPO by means of ASBA to be had on your checking account. Just move to the net financial institution login and practice by means of your checking account via deciding on the Medi Assist Healthcare IPO within the Invest segment. The different possibility is you’ll be able to practice for Medi Assist Healthcare IPO by means of IPO paperwork downloaded by means of NSE and BSE. Check out the Medi Assist Healthcare paperwork – Click BSE Forms & NSE Forms clean IPO paperwork obtain, fill, and publish on your financial institution or along with your dealer.

Medi Assist Healthcare Company Financial Report

Medi Assist Healthcare IPO Valuation – FY2022

Check Medi Assist Healthcare IPO valuations element like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) main points.

Peer Group

• Dr Vikram Jit Singh Chhatwal
• Medimatter Health Management Private Limited
• Bessemer India Capital Holding II Ltd.

Medi Assist Healthcare IPO Registrar

Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in/

Medi Assist Healthcare IPO Allotment Status Check

Check Medi Assist Healthcare IPO allotment standing on Linkintime website online allotment URL. Click Here

Medi Assist Healthcare IPO Lead Managers aka Merchant Bankers

• Axis Bank Limited
• Iifl Securities Ltd
• Nuvama Wealth Management Limited
• SBI Capital Markets Limited

Company Address

Medi Assist Healthcare Services Limited
Tower D, 4th flooring, IBC Knowledge Park
4/1 Bannerghatta Road
Bengaluru 560 029
Phone: (+91 80) 6919 0000
Email: [email protected]
Website: https://mediassist.in/

Medi Assist Healthcare IPO FAQs

Note: The Medi Assist Healthcare IPO value band and date aren’t formally introduced but. The IPO gray marketplace top class (Medi Assist Healthcare IPO Premium) shall be added to the IPO gray marketplace web page as it’ll get started).