Stock Market Live Updates: Blue-chip earnings and inflation data to drive equity market this week thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
IPO Screener: Medi Assist Healthcare IPO opens today at Rs 397-418 thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
Medi Assist Healthcare IPO: The IPO of Medi Assist Healthcare, a third-party administrator providing services to insurance companies, opens for subscription. The company has raised Rs 351 crore from anchor investors, including Nomura, Goldman Sachs, and HSBC. The IPO is an OFS and the company will not receive any funds. Analysts recommend subscribing to the issue due to the company s market-leading position and growth potential. The IPO price band is set at Rs 397-418 per share, with 50% reserved for QIBs, 35% for retail investors, and 15% for non-institutional investors.
Unlisted shares of Medi Assist Healthcare Services Ltd continue to trade Rs 30 higher in the grey market, which is a 7.18 per cent listing gain from the public issue, Medi Assist Healthcare IPO Opens Today: Should You Subscribe? Check GMP Today, Subscription Status