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Medi Assist Healthcare Services Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

₹ 1171.58

Price Range (₹)

₹ 418

Lot Size

35

Min Investment (₹)

₹ 14,630.00

Listing Exchange

MumbaiNSE

Open Date

15-Jan-2024

Close Date

17-Jan-2024

Listing Date

23-Jan-2024

Medi Assist Healthcare Services Ltd News

Price Performance

1 Week-3.99
1 Month6.12
3 Month-12.93
6 Month1.67

Medi Assist Healthcare Services Ltd IPO Details

Initial public offering of 28,028,168* equity shares of face value of Rs. 5 each (the Equity Shares) of Medi Assist Healthcare Services Limited (The Company or The Company or The Issuer) for cash at a price of Rs. 418 per equity share (the Offer Price) aggregating to Rs. 1171.58 crores (the Offer) comprising an offer for sale of 2,539,092* equity shares aggregating to Rs. 106.13 crores by Vikram Jit Singh Chhatwal, 12,468,592** equity shares* aggregating to Rs. 521.19 crores by Medimatter Health Management Private Limited (Medimatter Health, and collectively with Vikram Jit Singh Chhatwal, the Promoter Selling Shareholders), 6,606,084* equity shares aggregating to Rs. 276.13 crores by Bessemer Health Capital llc (Bessemer Health or the Promoter Group Selling Shareholder), 6,275,706* equity shares aggregating to Rs. 262.33 crores by Investcorp Private Rquity Fund i (the Investor Selling Shareholder), and 138,694 equity shares aggregating to Rs. 5.80 crores by the other selling shareholders (as defined hereinafter and together with the promoter selling shareholders, promoter group selling shareholder and investor selling shareholder, the Selling Shareholders and such offer by the selling shareholders, the Offer for Sale). The offer shall constitute 40.70% of the post-offer paid-up equity share capital of the company.*Subject to finalization of basis of allotment**Includes 537,080 equity shares held jointly with Vikram Jit Singh Chhatwal

Objective of issue

Listing of Shares on the Stock Exchanges.

Medi Assist Healthcare Services Ltd Contact Details

Medi Assist Healthcare Services Ltd, C-101 247 Park, L B S Marg, Vikhroli West, Mumbai-400083

Phone - 91-22-49186000

Fax - 91-22-49186060

Email - investor.relations@mediassist.in

Website - www.mediassist.in