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Medi Assist Healthcare Services Limited logo

Medi Assist Healthcare Services Limited IPO

Mainboard IPOListedMEDIASSISTNSE
Current Market Price (CMP)
₹284.15(-32.02%)
Current Price (CMP)
₹284.15(-32.02%)

Live Market Quote

Listing Price & Gain
₹460(+10.05%)

Day 1 Exchange Open

IPO Issue Price
₹418

Band: ₹397 - ₹418

Total Subscription
16.25x

Overall Bid Demand

Total Issue Size
—

Gross Public Offer

IPO Schedule & Key Dates

IPO Bidding Opens
15 Jan 2024
IPO Bidding Closes
17 Jan 2024
Allotment & Refunds
Completed
Exchange Listing Day
23 Jan 2024

IPO Subscription Status

Breakdown of institutional, high-net-worth, and retail bidding demand

Overall Demand: 16.25x
Investor CategorySubscriptionDemand Scale
Qualified Institutional Buyers (QIB)40.14x
Non-Institutional Investors (NII / HNI)14.85x
Retail Individual Investors (RII)3.19x
Total Subscription16.25x
Updated as on 17-Jan-2024 19:00:00

Listing Day & Return Performance

Listing Day Gain+10.05%
₹418 (Issue) → ₹460 (List)
Per share profit: +₹42.00
Holding Return (Till Date)-32.02%
₹418 (Issue) → ₹284.15 (CMP)
Net gain per share: ₹-133.85
Post-Listing Performance (Listing Day → Today):-38.23%

About Medi Assist Healthcare Services Limited IPO

Medi Assist Healthcare Services Limited is an Indian public offering categorized under the Mainboard segment. The public issue opened for bidding on 15 Jan 2024 and concluded on 17 Jan 2024, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹397 - ₹418.

During the bidding window, Medi Assist Healthcare Services Limited witnessed heavy demand with an overall subscription of 16.25 times. Institutional investors (QIB) subscribed 40.14x, non-institutional high-net-worth investors (NII) subscribed 14.85x, and retail individual investors (RII) bid 3.19x their reserved quota.

The equity shares of Medi Assist Healthcare Services Limited officially debuted on the stock exchanges on 23 Jan 2024 at an opening listing price of ₹460, delivering a listing day return of +10.05% (premium) over the final issue price. As per the latest market data, the stock trades at ₹284.15, representing an overall decline of -32.02% since its IPO allotment.

Frequently Asked Questions

What was the issue price or price band of Medi Assist Healthcare Services Limited IPO?
The issue price of Medi Assist Healthcare Services Limited IPO was fixed at ₹418 per equity share. The indicative bidding price band was ₹397 - ₹418.
What were the open, close, and listing dates for Medi Assist Healthcare Services Limited IPO?
Medi Assist Healthcare Services Limited IPO opened on 15 Jan 2024, closed on 17 Jan 2024, listed on 23 Jan 2024.
How much was Medi Assist Healthcare Services Limited IPO subscribed?
The IPO received an overall subscription of 16.25 times. Category-wise, QIBs subscribed 40.14x, NIIs subscribed 14.85x, and Retail investors subscribed 3.19x.
What was the listing price and listing gain of Medi Assist Healthcare Services Limited IPO?
Medi Assist Healthcare Services Limited IPO listed on the stock exchange at ₹460, delivering a listing gain of 10.05% compared to the IPO issue price of ₹418.
Is Medi Assist Healthcare Services Limited IPO a Mainboard or SME IPO?
Medi Assist Healthcare Services Limited IPO is a Mainboard IPO listed on the main exchange of NSE.
What is the current return of Medi Assist Healthcare Services Limited IPO since its IPO?
At the latest market quote of ₹284.15, Medi Assist Healthcare Services Limited IPO has generated an all-time return of -32.02% since its initial public offering.

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