35  Total SME IPOs listed in 2025

1636.98 Crs.  Total funds raised in 2025

27  SME IPOs listed with Gain in 2025

8  SME IPOs listed with loss in 2025

35  Total SME IPOs listed in 2025

1636.98 Crs.  Total funds raised in 2025

27  SME IPOs listed with Gain in 2025

8  SME IPOs listed with loss in 2025

35  Total SME IPOs listed in 2025

1636.98 Crs.  Total funds raised in 2025

27  SME IPOs listed with Gain in 2025

8  SME IPOs listed with loss in 2025

35  Total SME IPOs listed in 2025

1636.98 Crs.  Total funds raised in 2025

27  SME IPOs listed with Gain in 2025

8  SME IPOs listed with loss in 2025

Medi Assist Healthcare Services Limited IPO (Medi Assist Healthcare Services IPO) Details

Medi Assist Healthcare Services Limited is an Insurance based company, located in Bangalore, Medi Assist Healthcare Services Limited IPO size was 1171.58 Cr. and was issued at 418.00 per share. The share of Medi Assist Healthcare Services Limited were listed at 464.25 per share and are currently trading at 485.30 per share.

Type :
Sub Sector : TPA In Insurance Sector
MainBoard IPO

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
624.06 Cr.

PAT :
90.52 Cr.

Pricing Report

Issue Price :
418.00

Listing Price :
464.25

Current Market Price :
485.30

Issue Price vs CMP :
67.3 (16.10%)

listing Price vs CMP :
21.05 (4.53%)

Performance Report (CAGR* wise)

CAGR : 14.79
-ve 0 6 9 12+
Above Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About Medi Assist Healthcare Services

Company Information
Medi Assist Healthcare Services Limited is India’s largest health benefits administrator in terms of revenues for the Financial Years 2021, 2022, and 2023 (Source: F&S Report). Its primary clients are insurance companies, and it serves as an intermediary between general and health insurance companies and insured members, healthcare providers such as hospitals, and the Government and beneficiaries of public health schemes. For the Financial Year 2022, the company accounted for 24.89% of the Indian health benefits administration industry’s revenue, 40.88% of its EBITDA, and 55.31% of its profit after tax (Source: F&S Report). Additionally, the company is the largest health benefits administrator in India in terms of premium under management for both retail and group policies, with a market share of 14.83% in the retail
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Object of Issue
  • Offer for Sale

Medi Assist Healthcare Services MainBoard IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Jan, 2024
IPO Size :
1171.58 Cr.
Market Cap :
2878.32 Cr.   
IPO Subscription :
16.25 X     
PE Multiple :
21.86
Merchant Banker :
Axis Capital Limited
IPO Registrar:
Link Intime India Private Limited
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FAQs

Medi Assist Healthcare Services operates in Insurance and TPA In Insurance Sector. The Issue is listed on MainBoard in Jan, 2024. Medi Assist Healthcare Services IPO size was 1171.58 Cr. 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 485.30.

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