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Medi Assist Healthcare Services IPO booked 3.4x on day 3 so far; NIIs portion subscribed over 5 times

The Bengaluru-based Medi Assist Healthcare Services is offering its shares in the price band of Rs 397-418 apiece with a lot size of 35 shares and its multiples thereafter. ....

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medi assist healthcare: Medi Assist riding tailwinds of health insurance growth

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. ....

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IPO: Medi Assist's Rs 1,172-cr IPO to open on January 15

Medi Assist provides third-party administration services to insurance companies. ....

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