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Medi Assist IPO subscribed 54 pc on Day 1 of offer

by AIP Online Bureau | Jan 15, 2024 | Health, Indian News, Wealth Management/ Philanthropy

The category for Retail Individual Investors (RIIs) got subscribed 89 per cent and the quota for non-institutional investors received 45 per cent subscription. The IPO is entirely an Offer for Sale (OFS) of up to 2,80,28,168 equity shares. It has a price range of Rs...

Ahead of IPO, Medi Assist mobilises Rs 351 crore from anchor investors

by AIP Online Bureau | Jan 13, 2024 | Health, Indian News, Non-Life, Wealth Management/ Philanthropy

Those who participated in the anchor bidding include Goldman Sachs, Nomura, Jupiter India Fund, Pinebridge Global Funds, SBI Life Insurance Company, Bajaj Allianz Life Insurance Company, and Aditya Birla Sun Life Insurance Company New Delhi: Medi Assist Healthcare...

Medi Assist sets Rs 397-418 price band for its Rs 1,172 crore IPO, to open on Jan 15

by AIP Online Bureau | Jan 10, 2024 | Health, Indian News, Intermediaries, Wealth Management/ Philanthropy

Those selling shares in the offer for sale include Vikram Jit Singh Chhatwal, Medimatter Health Management, Bessemer India Capital Holdings II Ltd, Bessemer Health Capital LLC, and Investcorp Private Equity Fund Mumbai: Medi Assist Healthcare Services, the Bessemer...

IPO ahoy! 54 of 59 issues return 45% in 2023; just 4 trading below issue price

by AIP Online Bureau | Dec 31, 2023 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy

Analysts say strong macroeconomic fundamentals, political stability, optimistic corporate earnings outlook, signals from the US Federal Reserve about three prospective rate cuts next year and heavy retail investors participation played a major role in fuelling the...
Sebi plans to introduce same day trade settlement by March 2024

Sebi plans to introduce same day trade settlement by March 2024

by AIP Online Bureau | Nov 26, 2023 | Eco/Invest/Demography, Indian News, Regulation, Wealth Management/ Philanthropy

Madhabi Puri Buch ,Chairperson,Sebi Amid concerns in some quarters over the exorbitant valuation of certain initial public offerings, Sebi Chairperson Madhabi Puri Buch has said the regulator would certainly look into the matter if disclosures on the valuation are...
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