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Medi Assist Healthcare Services Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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Medi Assist Healthcare Services Ltd IPO

Registered Office: Tower D4th Floor IBC Knowledge,Park,4/1 Bannerghatta Road , Bengaluru - 560029 , Karnataka , India.
Phone : +91 80 6919 0000   Fax:
Email :  investor.relations@mediassist.in  
Website :  www.mediassist.in
Initial public offering of 28,028,168* equity shares of face value of (Rs)5 each (the "Equity Shares") of Medi Assist Healthcare Services Limited ("The Company" or "The Company" or "The Issuer") for cash at a price of (Rs)418 per equity share (the "Offer Price") aggregating to (Rs)1171.58 crores (the "Offer") comprising an offer for sale of 2,539,092* equity shares aggregating to (Rs)106.13 crores by Vikram Jit Singh Chhatwal, 12,468,592** equity shares* aggregating to (Rs)521.19 crores by Medimatter Health Management Private Limited ("Medimatter Health", and collectively with Vikram Jit Singh Chhatwal, the "Promoter Selling Shareholders"), 6,606,084* equity shares aggregating to (Rs)276.13 crores by Bessemer Health Capital llc ("Bessemer Health" or the "Promoter Group Selling Shareholder"), 6,275,706* equity shares aggregating to (Rs)262.33 crores by Investcorp Private Rquity Fund i (the "Investor Selling Shareholder"), and 138,694 equity shares aggregating to (Rs)5.80 crores by the other selling shareholders (as defined hereinafter and together with the promoter selling shareholders, promoter group selling shareholder and investor selling shareholder, the "Selling Shareholders" and such offer by the selling shareholders, the "Offer for Sale"). The offer shall constitute 40.70% of the post-offer paid-up equity share capital of the company. *Subject to finalization of basis of allotment **Includes 537,080 equity shares held jointly with Vikram Jit Singh Chhatwal

Issue Money Payable On
Opens On Closes On Application Allotment
15-Jan-24 17-Jan-24 (Rs)418.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :35  Further Multiples of :35

  (Rs Cr) Lead Managers to the Issue
Project Cost 0.00
Axis Capital Ltd
Project Financed through Current Offer 1171.58  
Post Issue Equity Share Capital 34.43  
Issue Price (Rs)418.00  
 
Projects
Listing of Shares on the Stock Exchanges
Promoted By
Vikram Jit Singh Chhatwal  
Medimatter Health Management P  
Bessemer India Capital Holding  
Listing At
BSE 
NSE 
Registrar to the Issue
MUFG Intime India Pvt Ltd