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Medi Assist Healthcare Services Limited IPO

Medi Assist Healthcare Services Limited engaged in services to administration their wholly owned subsidiaries, namely Medi Assist TPA, Medvantage TPA, and Raksha TPA, offer third-party administration services to insurance companies. In India, they have a network of over 18,000 hospitals spread across 1,069 cities and towns, covering 31 states (including union territories) as of September 30, 2023. Their technology-driven setup and services are tailor-made to support different groups like insurance companies, hospitals, insurance brokers, and agents in their activities. They are designed to be scalable, user-friendly, and secure. This allows them to provide a complete healthcare solution to their customers, covering a wide network of in-patient and out-patient services, along with on-demand health services.

Company Promoters:

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

Objects of this Issue:

· The purpose of the offer is to enjoy the advantages of having the company's shares listed on the stock exchanges.
·  The listing will create a place for the public to buy and sell the company's shares in India. However, the company won't get any funds from this offer.

Financial Information of the Company:

	Amount in Million (Rs.)
	As on 31 Mar 2023	As on 31 Mar 2022	As on 31 Mar 2021
Total Assets	7,057.16	6,022.30	5,452.95
Total Liabilities	3,220.44	2,629.44	2,527.50
Net Profit	1,331.40	911.86	783.70

Medi Assist Healthcare Services Limited IPO Schedule

1.     Bid or Offer Opens on: 15 January 2024
2.     Bid or Offer Closes on: 17 January 2024
3.     Finalization of BoA: 18 January 2024
4.     Initiation of Refunds: 19 January 2024
5.     Credit of share to Demat account: 19 January 2024
6.     Listing Date: 22 January 2024

Medi Assist Healthcare Services Limited IPO Lot Size

Market lot size of the MEDI ASSIST HEALTHCARE SERVICES LIMITED IPO is 1 share. Minimum and Maximum order quantity is as follows:

Company Contact Details:

Medi Assist Healthcare Services Limited IPO

Tower D, 4th floor, IBC Knowledge Park, 4/1 Bannerghatta Road Bengaluru 560 029, Kamataka, India 

Phone: (+91 80) 6919 0000

Email:  Investorrelations@mediassist.in

Website: www.mediassist.in

Medi Assist Healthcare Services Limited IPO Registrar Details:

Link Intime India Private Limited

C 101, 1st Floor, 247 Park, L.B.S. Marg,

Vikhroli West, Mumbai 400 083

Phone:  +91 810 811 4949

Email:  medi.ipo@linkintime.co.in

Website:  www.linkintime.co.in