The Medi Assist Healthcare IPO minimum market lot is 35 shares with ₹14,630 application amount. The Medi Assist Healthcare IPO is an BSE & NSE Mainline IPO, and it is to be listed on BSE & NSE.
Medi Assist Healthcare is India’s largest health benefits administrator in terms of revenues in the Financial Years 2021, 2022, and 2023 (Source: F&S Report). Their primary clients are insurance companies; however, they also serve as an intermediary between (a) general and health insurance companies and the insured members, (b) insurance companies and healthcare providers (such as hospitals), and (c) the Government and beneficiaries of public health schemes. For the Financial Year 2022, their total revenues accounted for 24.89%, our EBITDA accounted for 40.88%, and our profit after tax accounted for 55.31%, of the Indian health benefits administration industry revenue, EBITDA and profit after tax, respectively (Source: F&S Report).
IPOWatch View
We recommend investors may apply for an IPO with Longterm-views. Investors should also look at the QIB, NII, and Retail numbers before investing.
Medi Assist Healthcare IPO Subscription Status – Day 3
| IPO Category | Subscription Numbers |
| QIB | 40.14 |
| NII | 14.85 |
| bNII | 17.22 |
| sNII | 10.12 |
| RII | 3.19 |
| Total | 16.25 |
Medi Assist Healthcare IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Medi Assist Healthcare IPO Review
- May Apply
Medi Assist Healthcare IPO Form
How to apply for the Medi Assist Healthcare IPO? You can apply for Medi Assist Healthcare IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Medi Assist Healthcare IPO in the Invest section. The other option is you can apply for Medi Assist Healthcare IPO via IPO forms downloaded online. Check out the Medi Assist Healthcare forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
