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Medi Assist Healthcare IPO

Open 15th Jan 2024 · Close 17th Jan 2024 · Listing 23rd Jan 2024

Verified 2026-09-1589% data coverage
Issue Price₹418.00
Listing Price₹460.00
Current Price—
Listing Gain10.05%
Current Return—

At a glance

Updated 2026-09-15

The shares listed at ₹460.00, a 10.05% move from the issue price. Medi Assist Healthcare is a Mainboard IPO with an issue size of ₹1,171.58 crore, proposed for listing on BSE, NSE. The offer opens on 15th Jan 2024 and closes on 17th Jan 2024. The issue structure includes an offer-for-sale component of ₹1,171.58 crore. The current listing schedule points to 23rd Jan 2024.

Issue details

Listing atBSE, NSE
Issue typeBook Build Issue
Issue size₹1,171.58 Cr
Offer for sale₹1,171.58 Cr
Face value₹5
Price band₹397.00–₹418.00
Allotment18th Jan 2024
Listing23rd Jan 2024

Listing performance

Full performance ↗
Issue price₹418.00
Listing price₹460.00
Current price—
Listing gain10.05%
Current return—
Price progressionIssue → Listing → Current

Grey market

GMP page ↗
Latest GMP₹34.00
GMP / upper price8.13%
Est. listing₹452.00
GMP is unofficial sentiment data, not an exchange price.

Timeline

Opens15th Jan 2024
Closes17th Jan 2024
Allotment18th Jan 2024
Refund19th Jan 2024
Demat19th Jan 2024
Listing23rd Jan 2024

Subscription demand

Full bidding ↗
Total16.25×

Lot size

InvestorLotsSharesAmount
Minimum Bid135₹14,630

Company

Financial performance

Year-wise operating scale, profitability and balance-sheet context.
Full financials ↗
Revenue312.03₹ Cr · -39.9% vs prior year
PAT45.26₹ Cr · -39.9% vs prior year
Assets802.62₹ Cr · +13.7% vs prior year
Net Worth416.64₹ Cr · +8.6% vs prior year
3-year financial trendRevenue / EBITDA / PAT
₹ crore
Year comparisonCompare scale and profitability at a glance
₹ crore

31 Mar 2021

Assets545.30
Total Income345.57
Profit After Tax38.01
NET Worth292.55
Reserves and Surplus295.81

31 Mar 2022

Assets602.23
Total Income412.02
Profit After Tax63.47
NET Worth339.29
Reserves and Surplus308.63

31 Mar 2023

Assets705.72
Total Income518.96
Profit After Tax75.31
NET Worth383.67
Reserves and Surplus353.86

30 Sep 2023

Assets802.62
Total Income312.03
Profit After Tax45.26
NET Worth416.64
Reserves and Surplus102.03

KPIs

KPI
ROCE
RoNW
PAT Margin
Price to Book Value

Valuation & shareholding

Pre-IPO EPS10.94
Post-IPO EPS13.15
Pre-IPO P/E38.22
Post-IPO P/E31.8
Promoter holding pre71.06%
Promoter holding post39.67%
Market cap₹2878.32 Cr.

Peer comparison

CompanyEPSP/ERoNWNAV
Medi Assist Healthcare Services IPO—21.86 x——
Canara HSBC IPO—21.75 x——
Niva Bupa IPO—-177.74 x——
Go Digit IPO—145.03 x——

Issue expenses

ExpenseAmount
Fees payable to the BRLMs₹31.60 Cr
Advertising and marketing expenses₹5.91 Cr
Fees payable to the Registrar to the Offer₹0.13 Cr
Commission/processing fee for SCSBs, Sponsor Banks and Banker to the Offer. Brokerage, underwriting commission and selling commission and bidding charges for Members of the Syndicate, Registered Brokers, RTAs and CDPs₹3.56 Cr
Printing and distribution of issue stationery₹1.96 Cr
Listing fees, SEBI filing fees, upload fees, BSE and NSE processing fees, book building software fees₹5.25 Cr
Fees payable to legal counsels₹8.26 Cr
Miscellaneous₹8.84 Cr

Registrar & lead managers

Registrar

MUFG Intime India Pvt.Ltd.

Lead managers

  • SBI Capital Markets Ltd.

Offer documents

Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-09-15.
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