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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...

Chinese Online Insurer Shouhui considers Hong Kong IPO in 2024

by AIP Online Bureau | Oct 30, 2023 | Eco/Invest/Demography, International News, Non-Life, Technology

Founded in 2015 in Shenzhen, Shouhui Tech offers full service in insurance from online consulting to purchasing and compensation, according to its its website. It acquired an internet hospital license in 2022 which allows it to offer online medical services. Shenzhen...

Medi Assist files IPO papers with Sebi again; public issue entirely an OFS

by AIP Online Bureau | Aug 26, 2023 | Health, Indian News, Intermediaries

According to the fresh draft red herring prospectus (DRHP) filed on Friday, the initial public offering (IPO) is entirely an offer for sale of up to 2.8 crore equity shares of Medi Assist by promoters and existing shareholders Mumbai: Bengaluru-based third party...
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