How To Check Medi Assist IPO Allotment Status

Medi Assist Healthcare Services IPO has garnered significant investor interest, being subscribed 16.25 times on the final day of bidding, January 17. The Medi Assist IPO allotment status is set to be finalised today, January 18.

If you applied for the IPO here is how you can check the Medi Assist Healthcare Services IPO allotment status

Checking IPO Allotment Status on Registrar's Website:

Follow these steps to check the Medi Assist IPO allotment status

  1. Visit the registrar's website.
  2. Select ‘Company Selection' and choose "Medi Assist Healthcare Services."
  3. Enter your PAN, application number, or Beneficiary ID.
  4. Enter the captcha.
  5. Click on ‘Search' to retrieve Medi Assist IPO allotment status

Checking IPO Allotment Status on BSE:

  1. Go to the BSE website.
  2. Click on the ‘Equity’ section and select “Medi Assist Healthcare Services IPO” from the dropdown menu.
  3. Enter your application number or PAN.
  4. Click on the ‘Search’ button.
  5. The result will show the number of shares allotted to you.

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If all the details are entered correctly and the allotment has been finalised, the Medi Assist IPO allotment status will be visible.

Medi Assist Healthcare Services IPO Overview: The total bids received stand at 31.87 crore shares against the issue size of 1.96 crore shares. The qualified institutional buyers (QIB) segment led the subscriptions at 40.14 times, followed by high net worth individuals (HNI) at 14.85 times, and retail investors at 3.19 times.

The IPO, with a price band of ₹397-418 per share, is entirely an offer-for-sale (OFS) of 2.8 crore shares, amounting to ₹1,171.58 crore. The Bengaluru-based health insurance third-party administrator (TPA), raised ₹351.5 crore before the IPO. Anchor investors included prestigious names such as Nomura Trust, Goldman Sachs, Ashoka Whiteoak, Pinebridge Global Funds, Troo Capital, and HSBC.

In the grey market, the GMP (grey market premium) for Medi Assist Healthcare Services IPO is currently reported at +14, indicating that the shares are trading at a premium of ₹14. This represents a decline from the previous day’s GMP, which stood at +44 earlier in the day. Investors are closely monitoring the IPO’s performance and premium in the grey market.

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Posted In: NewsIPOsMedi Assist Healthcare Services