Medi Assist Healthcare Services Limited
15 Jan 2024 – 17 Jan 2024
LISTED
Offer Price
₹397–418
Bid lot
35
Min Application
₹14,630
Issue Size
₹1,172 Cr
Key dates
Open date
15 Jan 2024
Done
Close date
17 Jan 2024
Done
Basis of allotment
—
TBA
Initiation of refunds
—
TBA
Credit to demat
—
TBA
Listing date
23 Jan 2024
Today
Issue reservation
₹1,172 CrQIB 50%Retail 35%
QIB
1.40 Cr sh · ₹586.00 Cr
Retail
98.1 L sh · ₹410.20 Cr
BRLM: Nuvama Wealth Management Limited · Axis Capital Limited · IIFL Securities Limited · and SBI Capital Markets Limited
Lot ladder — how much to bid
1 lot = 35 sharesRetail · Up to ₹2 L1–13 lots
Min · 1 lot
35 sh · ₹14,630
Max · 13 lots
455 sh · ₹1,90,190
S-HNI · ₹2 L to ₹10 L14–68 lots
Min · 14 lots
490 sh · ₹2,04,820
Max · 68 lots
2,380 sh · ₹9,94,840
B-HNI · Above ₹10 L69+ lots
Min · 69 lots
2,415 sh · ₹10,09,470
Entry point
₹10,09,470 onward
Issue details
Lead managersNuvama Wealth Management Limited, Axis Capital Limited, IIFL Securities Limited, and SBI Capital Markets Limited
Face value₹10
Listing onNSE
RegistrarLink Intime India Private Limited
Live subscription
24.93×
0×1×2×3×+
Oversubscribed
Book₹996.20 Cr
Subscribed₹24,831 Cr
Applications—
Share-wise
by category| Category | Book Size | Subscription | No. of Times |
|---|---|---|---|
| QIB | 1,40,19,139₹586.00 Cr | 56,27,28,239₹23,522 Cr | 40.14× |
| HNI | 42,05,742₹175.80 Cr | 6,24,55,264₹2,611 Cr | 14.85× |
| Retail | 98,13,397₹410.20 Cr | 3,13,04,737₹1,309 Cr | 3.19× |
| Total | 2,38,32,536₹996.20 Cr | 59,40,32,976₹24,831 Cr | 24.93× |
*QIB Book Size is Gross — the anchor allocation is not on this record yet.
Subscription Demand
in ₹ crore| Category | Applied |
|---|---|
| QIB | 23,522.04 |
| HNI | 2,610.63 |
| Retail | 1,308.54 |
| Total | 24,830.58 |
Amounts at the upper band (₹418). Times figures are computed from the shares this page shows so Book × Times = Subscribed always cross-checks.
Grey-market sentiment
No grey-market data yet.
Documents
RHPOpen ↗
Filed with SEBI / the exchange by the issuer. Opens on the issuer's or the regulator's site.
How to apply
1Create your account & log inSign up on Investoyard and complete a quick KYC.
2Pick the IPO & tap ApplyOpen the live IPO and choose your investor category.
3Enter bid & quantityUp to 3 bids · cut-off or price band · retail cap ₹2,00,000.
4Approve the UPI mandateYou receive a fund-block request on your UPI app.
5DoneFunds stay blocked until allotment, then auto-debited (or released).
Frequently asked questions
What is the minimum investment in the Medi Assist Healthcare Services Limited IPO?
One lot of 35 shares — ₹14,630 at the upper price band of ₹418.
How many bids can I place?
Up to 3 bids per application. Retail applications are capped at ₹2,00,000; above that you must apply in the HNI category.
When are the funds debited?
Funds are blocked via a UPI mandate at application and debited only on allotment. If shares are not allotted, the block is released automatically.
When will the shares list?
Tentative listing on 2024-01-23 on NSE.