Medi Assist Healthcare Services Limited IPO

BSE, NSEClosed

Check Allotment

Jan 15, 2024Open Date

Jan 17, 2024Close Date

TBAAllotment Date

Jan 23, 2024Listing Date

Subscription Details

View Subscription Details

QIB40.14x

Retail3.18x

NIIs (Non-Institutional Investors)Main Category

14.85x

↳ NII Sub-Categories

sHNI (< ₹10L)

Bids ₹2L to ₹10L

10.11x

bHNI (> ₹10L)

Bids above ₹10L

17.22x

Overall Subscription

Total Bids Received

16.25x

Updated: 10 Jul, 06:09 pm

Medi Assist Healthcare Services Limited IPO Issue Details

Issue Price₹397-418 Per Equity Share

Face Value₹5 Per Equity Share

Listing AtBSE, NSE

Listing DateJan 23, 2024

RegistrarLink Intime India Private Ltd

Market Lot Details

Category	Lots	Shares	Amount
sHNI (Min)	14	490	₹2,04,820
sHNI (Max)	68	2,380	₹9,94,840
bHNI (Min)	69	2,415	₹10,09,470

Reservation Details

Category	Shares Offered	%
NII	42,04,226	15%
QIB	56,05,634	20%
Anchor	84,08,449	30%

Valuations

EPS (Pre-IPO)

10.94

EPS (Post-IPO)

13.15

P/E (Pre-IPO)

38.22

P/E (Post-IPO)

31.8

RoNW

19.63%

Financial Information (₹ in Crores)

Metric	FY 23	FY 22	FY 21
Total Assets	705.72	602.23	545.3
Total Revenue	518.96	412.02	345.57
Profit After Tax	74.04	64.22	38.01
Net Worth	383.67	339.29	292.55

* All figures are in ₹ Crores unless otherwise stated.

Objectives of the Issue

1The object of the Offer is to achieve the benefits of listing the Equity Shares on the Stock Exchanges. The company expects that listing the Equity Shares will enhance its visibility and brand and provide liquidity to its existing Shareholders. The listing will also provide a public market for the Equity Shares in India. The company will not receive any proceeds from the Offer. All proceeds from the Offer will go to the Selling Shareholders, in proportion to the Equity Shares offered by them in the Offer for Sale.