{"id":31078,"date":"2024-01-15T12:22:26","date_gmt":"2024-01-15T06:52:26","guid":{"rendered":"https:\/\/blog.researchandranking.com\/?p=31078"},"modified":"2025-11-10T13:32:16","modified_gmt":"2025-11-10T08:02:16","slug":"medi-assist-ipo-5-imp-facts-to-know-before-you-invest","status":"publish","type":"post","link":"https:\/\/www.equentis.com\/blog\/medi-assist-ipo-5-imp-facts-to-know-before-you-invest\/","title":{"rendered":"Medi Assist IPO: 5 IMP Facts To Know Before You Invest"},"content":{"rendered":"
<\/div>\n

It’s raining IPOs<\/a> in India after some of the largest ones recently. Here\u2019s another IPO you can check out. Medi Assist <\/a>will kick off its IPO  on January 15, putting up 2.8 crore equity shares for sale, valued at \u20b91,171.58 crore. The IPO<\/a> closes on January 17. With this IPO<\/a>, they aim to raise \u20b9 1,200 crore, which will fund expansion plans and strengthen its capital base. <\/p>\n\n\n\n

Let’s examine their financial performance and what this IPO<\/a> means for them and their stakeholders.<\/p>\n\n\n\n

IPO Details<\/strong><\/h2>\n\n\n\n
Offer Price<\/td>\u20b9397 to \u20b9418 per share<\/td><\/tr>
Face Value<\/td>\u20b95 per share<\/td><\/tr>
Opening Date<\/td>January 15, 2024<\/td><\/tr>
Closing Date<\/td>January 17, 2024<\/td><\/tr>
Total Issue Size (In Shares)<\/td>28,028,168 shares<\/td><\/tr>
Offer for Sale<\/td>28,028,168 shares of \u20b95<\/td><\/tr>
Total Issue Size (in \u20b9)<\/td>\u20b91,171.58 Cr<\/td><\/tr><\/tbody><\/table>
<\/strong>Source: Chittorgarh<\/figcaption><\/figure>\n\n\n\n

<\/p>\n\n\n\n

Investcorp Exits, Welcoming New Investors<\/strong><\/h2>\n\n\n\n

Investcorp, a leading global<\/a> private equity firm, has been a major shareholder in Medi Assist since 2015. With the company’s IPO<\/a>, Investcorp wants to exit its investment by selling its entire stake. This exit will provide Investcorp with a healthy return on its investment, having bought its stake for \u20b9100 crore and now selling it for \u20b9537 crore. The sale also highlights the potential investors see in Medi Assist’s future.<\/p>\n\n\n\n

Also Find: Upcoming IPOs<\/a><\/strong><\/p>\n\n\n\n

What does Investcorp\u2019s Exit Mean?<\/strong><\/h2>\n\n\n\n

Before the IPO<\/a>, Investcorp held around 21.65% of the health-tech company, owning 1,49,10,452 equity shares. But they opted to sell 86,34,746 shares at \u20b9 418 each, making \u20b9360.93 crore. This move happened just a couple of days before the IPO kicked off.<\/p>\n\n\n\n

Now, the aftermath \u2013 Investcorp’s ownership in Medi Assist is down to 9.11%, which means they now hold 62,75,706 shares. Six investors bought the shares: SBI Life Insurance Company, Ashoka India Equity Investment Trust PLC, Volrado Venture Partners Fund -III-Beta, SBI General Insurance Company, and 360 One Special Opportunities Fund.<\/p>\n\n\n\n

Medi Assist Growth Story<\/strong><\/h2>\n\n\n\n

Medi Assist has carved a special place in the corporate healthcare sector, offering several health insurance<\/a> plans for employees and their families. The focus on preventive care and extra services has appealed to corporate clients, helping their growth.<\/p>\n\n\n\n

Over the past three years, their revenue has grown by more than 25% annually, thanks to solid customer acquisition and policy renewals. Profitability is keeping pace, too, with net profit increasing sevenfold during the same period. This solid financial performance has built confidence in investors, setting the stage for the upcoming IPO<\/a>.<\/p>\n\n\n\n

\"\"
<\/strong>Source: DRHP<\/figcaption><\/figure>\n\n\n\n

<\/p>\n\n\n\n

\"\"
                                                               Source: DRHP<\/figcaption><\/figure>\n\n\n\n

<\/p>\n\n\n\n

Let\u2019s understand it better by a SWOT analysis:<\/strong><\/h2>\n\n\n\n
STRENGTHS<\/strong><\/td>WEAKNESSES<\/strong><\/td><\/tr>
Strong financial performance <\/td>Dependence on the corporate segment<\/td><\/tr>
A diverse range of health insurance plans <\/td>Prone to economic downturns.<\/td><\/tr>
Diverse range of health insurance plans <\/td>Limited presence in the retail health insurance market.<\/td><\/tr>
Experienced management team <\/td>Competition from established players <\/td><\/tr>
<\/td><\/td><\/tr>
OPPORTUNITIES<\/strong><\/td>THREATS<\/strong><\/td><\/tr>
Growing business prospects<\/td>Regulatory changes in the healthcare industry<\/td><\/tr>
Rising Awareness about preventive healthcare<\/td>Increased competition from other insurers<\/td><\/tr>
Expansion into the retail health insurance market.<\/td>Economic slowdown impacting corporate spending <\/td><\/tr>
Improved operational efficiency with technology<\/td><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

With the growing healthcare market, Medi Assist’s IPO is another option for investing in this sector. The company is in a strong position with good financial performance, a leading role in corporate health insurance, and an experienced management team. However, it’s essential to be aware of risks like relying too much on the corporate sector, having a limited presence in the retail market, and competition from big players. <\/p>\n\n\n\n

You must evaluate the strengths, weaknesses, opportunities, and threats before you decide. Due Diligence is crucial, and you must not skip it.  <\/p>\n\n\n\n

Know more about:
IPOs<\/a> | Current IPOs<\/a> <\/a>| Upcoming IPOs <\/a>| Listed IPO<\/a>s | Closed IPOs<\/a> | IPO Performers<\/a><\/strong><\/p>\n\n\n\n

QUICK LINKS: <\/strong><\/p>\n\n\n\n

CURRENT IPOS<\/a> | LISTED IPOS<\/a> | UPCOMING IPOS<\/a><\/strong><\/p>\n\n\n\n

*Disclaimer Note: The securities quoted, if any, are for illustration only and are not recommendatory. This article is for education purposes only and shall not be considered as recommendation or investment advice by Research & Ranking. We will not be liable for any losses that may occur. Investment in securities market are subject to market risks. Read all the related documents carefully before investing. Registration granted by SEBI<\/a>, membership of BASL, and certification from NISM in no way guarantee the performance of the intermediary or provide any assurance of returns to investors.<\/p>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

It’s raining IPOs in India after some of the largest ones recently. Here\u2019s another IPO you can check out. Medi […]<\/p>\n","protected":false},"author":5,"featured_media":31079,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[948],"tags":[],"class_list":["post-31078","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-stock-market-news"],"_links":{"self":[{"href":"https:\/\/www.equentis.com\/blog\/wp-json\/wp\/v2\/posts\/31078","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.equentis.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.equentis.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.equentis.com\/blog\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/www.equentis.com\/blog\/wp-json\/wp\/v2\/comments?post=31078"}],"version-history":[{"count":19,"href":"https:\/\/www.equentis.com\/blog\/wp-json\/wp\/v2\/posts\/31078\/revisions"}],"predecessor-version":[{"id":63110,"href":"https:\/\/www.equentis.com\/blog\/wp-json\/wp\/v2\/posts\/31078\/revisions\/63110"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.equentis.com\/blog\/wp-json\/wp\/v2\/media\/31079"}],"wp:attachment":[{"href":"https:\/\/www.equentis.com\/blog\/wp-json\/wp\/v2\/media?parent=31078"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.equentis.com\/blog\/wp-json\/wp\/v2\/categories?post=31078"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.equentis.com\/blog\/wp-json\/wp\/v2\/tags?post=31078"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}