Medi Assist IPO: Here are key risks to know before subscribing to issue
₹397 to ₹418 per equity share. The book build issue is proposed for listing on BSE and NSE. Medi Assist Healthcare IPO is a book built issue of ₹1,171.58 crore.
The issue is entirely an offer for sale (OFS) of 2.8 crore shares by the existing shareholders and there is no fresh issue component. Also read: Medi Assist IPO opens today. GMP, review, other details.
Buy or not? Around 50 per cent the entire offer has been reserved for qualified institutional buyers (QIBs). Further, 15 per cent shares of the IPO are reserved for non-institutional investors (NIIs) (or high net-worth individuals), and the remaining 35 per cent for retail investors. Axis Bank Limited, IIFL Securities Ltd, Nuvama Wealth Management Limited and SBI Capital Markets Limited are the book running lead managers of the Medi Assist Healthcare IPO, while Link Intime India Private Ltd is the registrar for the issue.
The allotment for the Medi Assist Healthcare IPO is expected to be finalized on Thursday, January 18, 2024. Medi Assist Healthcare IPO will list on BSE, NSE with tentative listing date fixed as Monday, January 22, 2024. Also read: Medi Assist Healthcare IPO to open on January 15: From GMP to price band - here are top 10 things to know Milestone Alert!
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