Medi Assist Healthcare IPO Subscription Status – IPO Closed

Medi Assist Healthcare IPO subscription status started on Monday January 15, 2024 and will close on January 17, 2024. Medi Assist Healthcare IPO to raise around ₹1,172 crores via IPO. The retail quota is 35%, QIB is 50% and NII is 15%. The price band is fixed at ₹397 to ₹418 per equity share.

Medi Assist Healthcare IPO

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 CategorySubscription Numbers
QIB40.14
NII14.85
bNII17.22
sNII10.12
RII3.19
Total16.25


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.

Medi Assist Healthcare IPO Subscription Status FAQs:


When Medi Assist Healthcare IPO Subscription will start?

The IPO subscription starts on January 15, 2024 for NII, QIB and Retail Investors.

How to subscribe Medi Assist Healthcare IPO?

You can go with ASBA and Non-ASBA options for a subscription. Go to your bank account and apply for IPO online via ASBA or download the form online or get the physical form and submit the filled form to your broker or bank.

How do I check live Medi Assist Healthcare IPO Subscription Numbers Today?

One can visit our portal for live IPO subscription numbers that we are updating hourly basis from the official websites. One can check the live subscription on official websites on the particular IPO page.

How to Apply the Medi Assist Healthcare IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Medi Assist Healthcare “. Click on Bid Button. Enter your UPI ID, Quantity and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Medi Assist Healthcare IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Medi Assist Healthcare “. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Medi Assist Healthcare IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Medi Assist Healthcare ” Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

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