Medi Assist Healthcare Services Ltd.
Industry:
Business Support
Issue Details
Open Date
15 Jan 2024Close Date
17 Jan 2024Size (in Crs.)
1171.58
Size (Shares)
-Listing On
BSE, NSE
Issue Terms
Price Range
-21Lot Size
35
Type
Book building
Face Value
5
Market Lot
1
Objective of the Issue
The object of the Offer is to achieve the benefits of listing the Equity Shares on the Stock Exchanges. The company expects that listing the Equity Shares will enhance its visibility and brand and provide liquidity to its existing Shareholders. The listing will also provide a public market for the Equity Shares in India. The company will not receive any proceeds from the Offer. All proceeds from the Offer will go to the Selling Shareholders, in proportion to the Equity Shares offered by them in the Offer for Sale.
Description
We are a technology-led company that plays a crucial role in the health insurance ecosystem. We are India’s largest health benefits administrator in terms of revenues and premium serviced for health insurance policies for the financial years 2018, 2019 and 2020. (Source: F&S Report). While under the TPA Regulations, our primary clients are insurance companies, we also serve as an intermediary between (a) general and health insurance companies and the insured members (under retail, corporate and insurance backe... Show More
Address
Tower D, 4th Floor , I B C Knowledge Park , 4/1, Bannerghatta Road
Bengaluru
560029
State
Karnataka
Phone No.
086-9190000
investor.relations@mediassist.in
Website
www.mediassist.in
Promoter Holding
Promoters:
Bessemer India Capital Holdings ll Ltd, Medimatter Health Management Pvt Ltd, Vikram Jit Singh Chhatwal
Total Share Capital
48930712
Offered to Public
28028168
% Promoter's Holding (Pre-Issue)
71.06
% Promoter's Holding (Post-Issue)
-
Shares on offer
Total Share Offer
48930712
Of above offred to public
28028168
Post Issue shares
NA
Post Issue Promoters
-
Lead Managers to the Issue:
Axis Capital Ltd., IIFL Securities Ltd., Nuvama Wealth Management Ltd., SBI Capital Markets Ltd
Registrar Details
Registrar Name:
Link Intime India Pvt Ltd.
Address
C 101, 247 Park , LBS Marg , Vikhroli (West) , Mumbai
400083
Phone No.
+91 810 811 8484
helpdesk@linkintime.co.in
Website
www.linkintime.co.in
Fax
91-022-49186060