Medi Assist Healthcare IPO Subscription Details

Bookbuilding IPO | ₹1,172 Cr | Listed at BSE, NSE | Mon, Jan 15, 2024 - Wed, Jan 17, 2024

Basis of Allotment - Medi Assist Healthcare IPO

Category QIB NII Retail Total
Ex. Anchor Anchor Investor Total QIB Below ₹10L Above ₹10L Total NII
Allocation (No. of shares)56,05,63484,08,4491,40,14,08314,01,40928,02,81742,04,22698,09,8592,80,28,168
Allotment price (Rs.)418418418418418418418418
No.of applications943613027,45519,33946,7946,36,3356,83,259
No.of shares applied22,47,07,98090,49,00523,37,56,9851,41,07,5204,79,57,5606,20,65,0803,01,01,43532,59,23,500
Amount collected (Rs.cr.)9,392.79 378.25 9,771.04 589.69 2,004.63 2,594.32 1,258.24 13,623.60
No.of times subscribed40.091.0816.6810.0717.1114.763.0711.63
No.of shares allotted56,05,63484,08,4491,40,14,08314,01,40928,02,81742,04,22698,09,8592,80,28,168
Amount (Rs.cr.)234.32 351.47 585.79 58.58 117.16 175.74 410.05 1,171.58
No.of allottees94361302,8605,7208,5802,80,2812,88,991

IPO Shares Offered

Medi Assist Healthcare IPO is a public issue of 2.80 Cr equity shares. The issue offers 0.98 Cr shares to retail investors, 1.40 Cr shares to qualified institutional buyers, and 0.42 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
QIB 1,40,14,083585.79 50.00%
    Anchor 84,08,449 351.47 30.00%
    QIB (Ex Anchor) 56,05,634 234.32 20.00%
NII 42,04,226175.74 15.00%
    bNII (> ₹10L)28,02,817117.16 10.00%
    sNII (< ₹10L)14,01,40958.58 5.00%
Retail98,09,859410.05 35.00%
Total2,80,28,1681,171.58 100%

Medi Assist Healthcare IPO Anchor Investor Allocation

A total of 84,08,449 shares at a price of Rs 418 per share will be allotted to the anchor investors.

Anchor investors bid opening dateJan 12, 2024
Anchor investor price₹418.00
Anchor investors as % of QIBs60.00%
No. of shares locked-in for 30 days42,04,225
No. of shares locked-in for 90 days42,04,225
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 HDFC BANKING & FINANCIAL SERVICES FUND HDFC MUTUAL FUND 3,75,935 15.71 4.47 1.34
2 HDFC PHARMA & HEALTHCARE FUND HDFC MUTUAL FUND 1,50,395 6.29 1.79 0.54
3 KOTAK BUSINESS CYCLE FUND KOTAK MAHINDRA MUTUAL FUND 5,26,330 22.00 6.26 1.88
4 ADITYA BIRLA SUN LIFE PHARMA & HEALTHCARE FUND ADITYA BIRLA SUN LIFE MUTUAL FUND 1,43,535 6.00 1.71 0.51
5 ADITYA BIRLA SUN LIFE MULTI ASSET ALLOCATION FUND ADITYA BIRLA SUN LIFE MUTUAL FUND 2,39,260 10.00 2.85 0.85
6 ADITYA BIRLA SUN LIFE SMALL CAP FUND ADITYA BIRLA SUN LIFE MUTUAL FUND 1,43,535 6.00 1.71 0.51
7 SBI LIFE INSURANCE CO.LTD. SBI LIFE INSURANCE 5,26,330 22.00 6.26 1.88
8 NOMURA INDIA STOCK MOTHER FUND,THE NOMURA 5,26,330 22.00 6.26 1.88
9 ASHOKA WHITEOAK ICAV-ASHOKA WHITEOAK INDIA OPPORTUNITIES FUND ASHOKA WHITEOAK 5,26,330 22.00 6.26 1.88
10 GOLDMAN SACHS FUNDS-GOLDMAN SACHS INDIA EQUITY PORTFOLIO GOLDMAN SACHS 5,26,330 22.00 6.26 1.88
11 MIRAE ASSET MULTICAP FUND MIRAE ASSET MUTUAL FUND 4,18,670 17.50 4.98 1.49
12 CANARA ROBECO FOCUSED FUND CANARA ROBECO MUTUAL FUND 4,18,670 17.50 4.98 1.49
13 TATA INDIA PHARMA & HEALTHCARE FUND TATA MUTUAL FUND 4,18,670 17.50 4.98 1.49
14 KOTAK FUNDS-INDIA MIDCAP FUND KOTAK 4,18,670 17.50 4.98 1.49
15 INVESCO INDIA FINANCIAL SERVICES FUND INVESCO MUTUAL FUND 2,95,470 12.35 3.51 1.05
16 SUNDARAM SMALL CAP FUND SUNDARAM MUTUAL FUND 1,47,735 6.18 1.76 0.53
17 SUNDARAM SERVICES FUND SUNDARAM MUTUAL FUND 1,47,735 6.18 1.76 0.53
18 BANDHAN FINANCIAL SERVICES FUND BANDHAN MUTUAL FUND 1,47,735 6.18 1.76 0.53
19 BANDHAN SMALL CAP FUND BANDHAN MUTUAL FUND 1,47,735 6.18 1.76 0.53
20 JUPITER INDIA FUND JUPITER 2,95,470 12.35 3.51 1.05
21 PINEBRIDGE GLOBAL FUNDS-PINEBRIDGE INDIA EQUITY FUND PINEBRIDGE 2,95,470 12.35 3.51 1.05
22 EDELWEISS LARGE CAP FUND EDELWEISS MUTUAL FUND 52,408 2.19 0.62 0.19
23 EDELWEISS RECENTLY LISTED IPO FUND EDELWEISS MUTUAL FUND 1,22,271 5.11 1.45 0.44
24 DESTINATIONS INTERNATIONAL EQUITY FUND,A SERIES OF BRINKER CAPITAL DESTINATIONS TRUST DESTINATIONS 1,74,679 7.30 2.08 0.62
25 TROO CAPITAL LTD. TROO CAPITAL 1,74,679 7.30 2.08 0.62
26 BAJAJ ALLIANZ LIFE INSURANCE CO.LTD. BAJAJ ALLIANZ LIFE INSURANCE 1,74,679 7.30 2.08 0.62
27 ADITYA BIRLA SUN LIFE INSURANCE CO.LTD. ADITYA BIRLA SUN LIFE INSURANCE 1,74,679 7.30 2.08 0.62
28 SBI GENERAL INSURANCE CO.LTD. SBI GENERAL INSURANCE 1,74,678 7.30 2.08 0.62
29 MAX LIFE INSURANCE CO.LTD.-ULIF 00325/06/04 LIFECONSER104-CONSERVATIVE FUND MAX LIFE INSURANCE 34,930 1.46 0.42 0.12
30 MAX LIFE INSURANCE CO.LTD.-ULIF 01004/10/06 AMSRGUADYN 104-AMSURE GUARANTEED DYNAMIC FUND MAX LIFE INSURANCE 511 0.02 0.01
31 MAX LIFE INSURANCE CO.LTD.-ULIF 00725/11/05 PENSCONSER 104-PENSION CONSERVATIVE FUND MAX LIFE INSURANCE 511 0.02 0.01
32 MAX LIFE INSURANCE CO.LTD.-ULIF 01815/02/13 PENSPRESER 104-PENSION PRESERVER FUND MAX LIFE INSURANCE 13,977 0.58 0.17 0.05
33 MAX LIFE INSURANCE CO.LTD. MAX LIFE INSURANCE 1,24,749 5.21 1.48 0.45
34 3P INDIA EQUITY FUND I 3P INDIA 1,74,679 7.30 2.08 0.62
35 HSBC CONSERVATIVE HYBRID FUND HSBC MUTUAL FUND 31,456 1.31 0.37 0.11
36 HSBC EQUITY SAVINGS FUND HSBC MUTUAL FUND 1,43,223 5.99 1.70 0.51
84,08,449351.4710030.00

IPO Subscription FAQs

The Medi Assist Healthcare IPO is subscribed 16.25 times by Jan 17, 2024 17:08.

Medi Assist Healthcare IPO Subscription

Investor Category Subscription (times)
Qualified Institutional40.14
Non Institutional14.85
Retail Individual3.19
Total Subscription16.25

Retail category of Medi Assist Healthcare IPO subscribed 3.19 times as of date Jan 17, 2024 17:08. The public issue closes on Wed, Jan 17, 2024 for bidding.

An investor can apply in Medi Assist Healthcare IPO online via bank (using ASBA) or the broker (using UPI). The Medi Assist Healthcare IPO shares are offered online only.

The Medi Assist Healthcare IPO is subscribed 16.25 times by Jan 17, 2024 17:08.

The Medi Assist Healthcare IPO allotment status is expected on or around Thursday, January 18, 2024. Visit Medi Assist Healthcare IPO allotment status to check.

The Medi Assist Healthcare IPO listing date is January 23, 2024. The equity share of Medi Assist Healthcare IPO will list on BSE, NSE.

Visit Medi Assist Healthcare IPO subscription status page for real-time bidding information about Medi Assist Healthcare IPO.

Medi Assist Healthcare IPO Timetable

IPO opens OnMonday, January 15, 2024
IPO Closes OnWednesday, January 17, 2024
Finalisation of Basis of AllotmentThursday, January 18, 2024
Initiation of RefundsFriday, January 19, 2024
Credit of Shares to Demat AccountFriday, January 19, 2024
IPO Listing DateTuesday, January 23, 2024
Open an Instant Account with Zerodha