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Medi Assist Healthcare Services Limited IPO Review & Recommendations

 

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Medi Assist Healthcare Services Limited IPO

January 15, 2024 - January 17, 2024 Closed

Medi Assist Healthcare Services Limited IPO Review

Medi Assist Healthcare Services Limited, engaged in operations, are managed by their main company, Medi Assist Healthcare Services Limited, which is set to be listed soon. They have nine subsidiaries, including four direct ones and five indirect ones. Through their wholly owned subsidiaries, namely Medi Assist TPA, Med vantage TPA (from February 13, 2023), and Raksha TPA (from August 25, 2023), they offer third-party administration services to insurance companies. As a third-party administrator, they handle tasks like processing health insurance claims, managing policies, customer service, and network management for their clients.

medi assist healthcare services limited ipo can seamlessly bring their acquired businesses into their system, streamlining operations and reducing costs. This flexibility allows them to incorporate acquisitions, take advantage of synergies, and improve overall efficiency, which ultimately benefits everyone involved. Recent acquisitions in the global and Indian TPA industries indicate a noticeable trend of consolidation in this sector. Their tech setup is scalable, customizable, comprehensive, user-friendly, and secure. They can use data effectively for positive changes, adding new features for better member experiences with increased efficiency, all while maintaining high data quality standards.

Medi Assist Healthcare Services Limited Products and Services

Medi Assist Healthcare supports various healthcare and related services, including hospitalization, call center operations, customer relations, contract management, billing, and claims processing. These services are provided through their company and their subsidiaries, namely IHMS, Mayfair India, Mayfair UK, Mayfair Group Holding, Mayfair Philippines, and Mayfair Singapore.

medi assist healthcare services ltd ipo advanced technology and services are tailor-made to support various stakeholders like insurance companies, hospitals, brokers, and agents. medi assist healthcare ipo are scalable, user-friendly, and secure, allowing them to provide a complete healthcare solution. This includes a wide network of in-patient and out-patient services, on-demand health solutions, and robust management of fraud. They are also effective in controlling medical inflation. medi assist healthcare services ipo Strengths are all Established Third Party Administrator in India, Scalable Technology-Enabled Infrastructure Addressing the Needs of All Constituents of the Health Insurance Ecosystem, Insurer Benefits, Offerings for Healthcare Providers, Diversified base of Group Accounts with Longstanding Relationships.

Financial Overview

In the financial aspect, over the past three fiscal years, the company has, on a consolidated basis, reported total income and net profit as follows: Rs. 345.57 cr. / Rs. 38.01 cr. (FY21), Rs. 412.02 cr. / Rs. 63.47 cr. (FY22), Rs. 518.96 cr. / Rs. 75.31 cr. (FY23). The company stands out in the insurance third-party administration sector and is expanding its reach by securing more healthcare deals amid growing awareness. Once recent acquisitions are settled, the company is expected to regain momentum. After going public, it is likely to attract attention as a pioneer in this field. Investors looking for medium to long-term gains may consider putting funds into this emerging industry.



Frequently Asked Question

Medi Assist Healthcare Services Limited IPO will be closed on 17 January 2024.
Medi Assist Healthcare Services Limited IPO customer care number is 01206937324.
Post-issue shareholdings of Medi Assist Healthcare Services Limited IPO promoters are 45.75%.
The meaning of "Medi Assist Healthcare Services Limited IPO GMP " is the Grey Market Premium (GMP) for the initial public offering (IPO) of Medi Assist Healthcare Services Limited IPO on the current day.
You will receive the allotted shares in your Demat account on January 18, 2024.
If you do not get the allotment of medi assist healthcare ipo shares, your IPO application amount will be released or credited back to your bank account via which you applied for this IPO.
The IPO price is usually determined through a combination of company valuation, market conditions, and discussions between the company and its underwriters.
Medi Assist Healthcare Services Limited IPO will get listed on January 22, 2024.
Pre-issue shareholdings of Medi Assist Healthcare Services Limited IPO promoters are 67.55%
IPO investments carry risks such as market volatility, uncertainties about the company's future performance, and the potential for stock prices to fluctuate.
Link Intime India Private Ltd the registrar of Medi Assist Healthcare Services Limited IPO.
Market lot size of the Medi Assist Healthcare Services Limited IPO is 35 shares.
You can apply for an IPO from any place via the internet as it is an online process. You can apply for an IPO using 2 methods i.e., ASBA and UPI. ASBA facility is provided by your bank and UPI method is offered by your stockbroker. You can invest in Medi Assist Healthcare Services Limited IPO by using any one of these methods at your convenience.
medi assist healthcare services ipo shares will get listed at NSE, BSE.
Medi Assist Healthcare Services Limited IPO is going to open on 15 January 2024.
Price of 1 share of Medi Assist Healthcare Services Limited IPO is ₹397 to ₹418.
Face value of equity shares of Medi Assist Healthcare Services Limited IPO is ₹5.
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