Medi Assist Healthcare IPO Date, Price, GMP, Review and Best 3 IPOs to Invest

Hello my fellow finance enthusiasts, there is a huge investment opportunity opening up in the near future. Yes, you heard absolutely right. The Medi Assist Healthcare IPO is going to open soon. So I will give you complete information about Medi Assist Healthcare IPO here on IPO India.

On this article I will inform you about Medi Assist Healthcare IPO Date, Price, GMP, Review and Best 3 IPOs to Invest. So without wasting any more time let’s start.

About Medi Assist Healthcare Services Limited

Founded in June 2002, Medi Assist Healthcare Services Limited is a health and insurance technology enterprise specializing in health benefits administration for employers, retail members and public health plans. Its primary clients include insurance companies.

Medi Assist provides medical insurance and cashless hospitalization by leveraging a network of healthcare service providers. In addition, the company serves as an intermediary between (a) general and health insurance companies and their policyholders, (b) healthcare institutions such as insurance companies and hospitals, and (c) government and beneficiaries of public health schemes. As of March 31, 2023, Medi Assist Healthcare has partnered with 36 insurance companies in India and internationally.

The revenue generated from the retail portfolio during financial years 2021, 2022 and 2023 was ₹494.68 million, ₹579.84 million and ₹570.29 million respectively. These figures represent 15.33%, 14.72% and 11.29% of total revenue from customer contracts for the corresponding years.

As of March 31, 2023, the company had established a comprehensive healthcare network spread across India, comprising 14,000 hospitals in 967 cities and towns in 32 states and union territories.

In FY 2023, Medi Assist processed a total of 5.27 million claims, including 2.44 million inpatient claims and 2.83 million outpatient claims.

Medi Assist Healthcare IPO GMP

About Medi Assist Healthcare IPO

Here is some information about Medi Assist Healthcare IPO which will help you in making a decision to invest in Medi Assist Healthcare IPO. It appears to be a book-built offer with a total value of Rs ₹[_] crore, including 2.8 crore shares offer for sale in full.

Summary of the key details

• Issue Size: Rs [_] crores
• Offer for Sale: 2.8 crore shares
• Subscription Period: TBA
• Allotment Date: TBA
• Listing Date: TBA

Price Range of Medi Assist Healthcare IPO

• ₹[_] to ₹[_] per share

Lot Size of Medi Assist Healthcare IPO

• Minimum Lot: [_] Shares.
• Minimum Investment for Retail Investors: ₹[_]

Minimum Lot Size Investments for Medi Assist Healthcare IPO

• S-HNI: [_] lots ([_] shares), amounting to ₹[_]
• B-HNI: [_] lots ([_] shares), amounting to ₹[_]

This information provides potential investors with the details they need to participate in the Medi Assist Healthcare IPO. It is important to note that investing in IPOs carries risks, and individuals should do their own research or consult financial professionals before making investment decisions.

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Medi Assist Healthcare IPO

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Valuations of Medi Assist Healthcare IPO

Medi Assist Healthcare Financial Information

Promoter(s)

Company Promotor(s):-

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

If you are new to the investment section and want to know how to invest in IPOs, you can read our article “How to Invest in IPOs?“.

Key Performance Indicator

Issue Objective(s)

• The objective of the offer is to achieve the benefits of listing Equity shares on stock exchanges. The company expects that Listing of equity shares will enhance its visibility and brand and Provides liquidity to its existing shareholders. Will also list Provide a public market for equity shares in India. the company No income will be received from Offen The offer will go to the selling shareholders, in proportion to the equity Shares offered by him in offer for sale.

Medi Assist Healthcare IPO Registrar

Medi Assist Healthcare IPO Review

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Conclusion

In conclusion, the upcoming Medi Assist Healthcare IPO presents an attractive investment opportunity in the ever-evolving healthcare and insurance technology sector. Since its foundation in 2002, Medi Assist has emerged as a leading player, specializing in the administration of health benefits for employers, individual members and public health schemes. The company’s extensive network, comprising 14,000 hospitals across 967 cities and towns, underscores its broad impact on the healthcare landscape in India. Its role as an intermediary between insurance companies, healthcare organizations and government bodies is significant, facilitating seamless interactions within the industry.

Medi Assist Healthcare’s financial performance, as evidenced by its revenue figures and claims processing figures, adds to the attractiveness of an IPO. However, potential investors should approach IPOs with caution, acknowledging the inherent risks associated with investing. Comprehensive details provided, including issue size, price range, lot size and other essential parameters, empower investors to take informed decisions. As the IPO landscape unfolds, individuals are encouraged to do thorough research or seek professional advice before diving into this promising investment opportunity. The success of the IPO will undoubtedly depend on factors such as market conditions, investor sentiment and the company’s ability to capitalize on the growing healthcare and insurance market in India.

Medi Assist Healthcare IPO FAQs