Medi Assist files for IPO
Medi Assist Healthcare Services has filed preliminary papers with capital markets regulator Sebi to mobilise funds through an initial public offering (IPO).
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New Delhi: Medi Assist Healthcare Services has filed preliminary papers with capital markets regulator Sebi to mobilise funds through an initial public offering (IPO).
This is the company’s second attempt to go public. Earlier, it had filed draft papers with the Securities and Exchange Board of India (Sebi) in May 2021, for floating an IPO but deferred the plan amid pandemic-induced rough market conditions. According to the fresh draft red herring prospectus (DRHP) filed on Friday, the maiden public issue is entirely an offer-for-sale (OFS) of up to 2.8 crore shares of Medi Assist by promoters and existing shareholders.
