Medi Assist Healthcare Services Limited (MAHSL) filed its draft red herring prospectus dated May 10, 2021 (DRHP) with the Securities and Exchange Board of India (Sebi) for its Initial Public Offering (IPO).
The IPO consists of up to 28,028,168 equity shares of the face value of Rs 5 each of MAHSL and consisted entirely of an offer for sale by certain existing shareholders of MAHSL.
The IPO shall constitute 40.70 per cent of the post-IPO paid-up equity share capital of the company.
The Equity Shares offered are proposed to be listed on BSE and NSE. Axis Capital Limited, Edelweiss Financial Services Limited, IIFL Securities Limited and SBI Capital Markets Limited are the book running lead managers to the IPO.
