According to the fresh DRHP, the initial public offering (IPO) is entirely an offer for sale of up to 2.8 crore equity shares of Medi Assist by promoters and existing shareholders.
The public issue comprises only an offer-for-sale (OFS) of 2.8 crore shares by promoters and investors including Vikram Jit Singh Chhatwal, Medimatter Health Management, Bessemer, and Investcorp.