by AIP Online Bureau | May 14, 2025 | Health, Indian News, Intermediaries, Regulation
Nayan Shah, managing director, Paramount TPA said, “The IRDAI has granted in-principle approval to both the parties to process with transaction. There will be no impact on day- to- day operation and servicing. All operation, team service , structure , system and...
by AIP Online Bureau | Aug 26, 2024 | Health, Indian News, Intermediaries, Life, Non-Life
Paramount TPA is owned by Nayan Shah family and Fairfax Asia, which had picked up 51 % in the company in 2020 With the acquisition of Paramount TPA, Medi Assist TPA market share will grow to 36.6% for the group segment and 23.6% of the health insurance industry, by...
by AIP Online Bureau | Jan 23, 2024 | Health, Indian News, Wealth Management/ Philanthropy
The Rs 1,171.57-crore initial public offer was entirely an Offer-for-Sale (OFS) of up to 2,80,28,168 equity shares. It had a price range of Rs 397-418 a share Mumbai: Shares of Medi Assist Healthcare Services listed with a premium of more than 11 per cent on Tuesday...
by AIP Online Bureau | Jan 16, 2024 | Health, Indian News
The category for Retail Individual Investors (RIIs) received 1.70 times subscription while the quota for non-institutional investors got subscribed 1.61 times. The portion for Qualified Institutional Buyers (QIBs) got subscribed 1 per cent New Delhi: The Initial...
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...
