Medi Assist IPO

Medi Assist is a Bengaluru-based health-tech and insure-tech company focused on administering health benefits across employers, retail members and public health schemes. It is 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.


Objectives of the issue :

The company expects that listing of the equity shares will enhance their visibility and brand and provide liquidity to its existing shareholders. 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.



Opening Date

To be announced

Closing Date

To be announced

Price Band

To be announced

Issue Size

To be announced

Face Value

To be announced

Market Lot

To be announced

Listing at NSE, BSE

IPO Open Date To be announced
IPO Close Date To be announced
Allotment Date To be announced
Initiation Of Refunds To be announced
Credit Of Shares To
Demat Account
To be announced
IPO Listing Date To be announced
UPI Mandate Expiry Date To be announced

Financial Highlights

Particulars FY21 FY20 FY19
Revenue From Operation 3,185.85 2,768.19 2,317.57
EBITDA 935.56 755.13 860.64
EBITDA Margin (%) 28.32 26.86 35.63
Profit After Tax 391.71 329.74 438.77
EPS 5.13 3.89 6.00
ROE      

How to apply in IPO via UPI on Dynami

A simple and smartest way to Apply in IPO online via Religare Dynami Mobile App

Why should you invest in the Medi Assist Healthcare Services IPO ?

Here are our top reasons:

  • They were the most prominent health benefits administrator in the country in 2018, 2019, and 2020 regarding the premium received.
  • They capture 17% of the private health insurance market and 29% of the private health insurance market serviced by health benefits administrators.
  • The Indian healthcare market will reach USD 432 billion, a CAGR of 30.5% during 2020-2025.
  • With solid penetration in the retail and group health insurance segments, the aggregate penetration of the Indian health insurance industry is expected to rise to 55.0% in 2024-2025.

Know before investing

Strengths Risks
Well positioned to capture favourable industry dynamics The future revenues and profitability are dependent on the growth of company’s premium under management, which may decline
Largest health benefits administrator in India Being technology dependent, any system failure and a data security breach will be critical for the brand's image
Longstanding Relationships with a Majority of Indian Insurance Companies Loss of clients can adversely affect business and prospects
Attractive Contracts with a pan-India Healthcare Provider Network Non-compliance with IRDAI inspection or any adverse observations by the IRDAI

How to apply for Medi Assist Healthcare Services Limited IPO ?

Retail investors need to apply for the IPO using UPI

UPI

  • Link your bank account to a UPI ID.
  • Register your UPI id with your Demat account.
  • Subscribe for Medi Assist Healthcare Services Limited IPO and approve the payment on your UPI ID.

Demat Account

  • If you are an existing Dynami user, Pre-Apply Now!
  • If you’re a new investor, open an Dynami Demat account for free and begin your investment journey.

How to open a Demat & Trading Account?

Demat & Trading Account
Form fill up Demat & Trading Account

Fill up your personal details in the form above

Share Personal Details Demat & Trading Account

Fill up your DOB, PAN, email & bank account details

OTP Authentication Demat & Trading Account

Upload your photo and e-sign your application via Aadhaar OTP

How to open a Demat & Trading Account?

Frequently asked questions

  • An IPO also known as initial pulic offering or stock launch is a process when a private company sale its shares to public for the first time. Learn more about IPO at our knowledge centre.

  • Medi Assist Healthcare Services Limited IPO is an offer for sale of 28,028,168 equity shares.

  • A lot size is the minimum number of shares that an investor has to bid for. A lot size differs for each IPO and is fixed by the company.

  • IPO Price Band is the price range within which investors can bid for the shares. The minimum price is called the floor price and the maximum price is called the cap price.

  • Issue size is the total value of an IPO. It is calculated by multiplying the number of shares offered by the company by the issue price per share.

  • You will receive an email on your registered email id if the IPO shares are allotted to you. Alternatively, you can also visit the registrar of the company’s official website and provide the details as asked in the allotment status section of the website.

  • IPOs, as such, do not have any taxes. You are taxed only when you decide to sell the IPO shares. Any monetary profit you make while selling the IPO shares is referred to as ‘capital gains’.

    Capital gains tax is charged depending on how long you held the shares for. If you owned the shares for less than 12 months, it is considered as short-term capital gains and if it is over 12 months, it is referred as long-term capital gains.

    Tax on short-term capital gains is 15%. It is 10% for equity gains in the long run (over 12 months). Do remember that you are taxed if the equity proceeds exceed Rs 1 lakh.