Medi Assist earns 3-3.5% fees on the insurance premiums serviced by it. For FY23, the company earned nearly 75% of its revenues from group insurance schemes - the fastest growing segment in health insurance - and roughly 11% each from retail and government-sponsored schemes.
Nova Agritech IPO: The IPO is a mix of a fresh issuance of shares worth Rs 112 crore, and an offer-for-sale (OFS) of 77.58 lakh equity shares by Nutalapati Venkatasubbarao.
Medi Assist Healthcare Services IPO opens today: Here is all you need to know financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
Medi Assist Healthcare Services, is a health-tech and insurance-tech company that manages health benefits for employers, retail members, and public health schemes, primarily serving insurance companies.
Get latest articles and stories on Latest News at LatestLY. The Initial Public Offer (IPO) of Medi Assist Healthcare Services received 54 per cent subscription on the first day of bidding on Monday. Latest News | Medi Assist IPO Subscribed 54 Pc on Day 1 of Offer.