Stock Market Live Today: Post-listing view on the Medi Assist Healthcare IPO from Shivani Nyati of Swastika Investmart
Medi Assist Healthcare Services made a strong debut in the secondary market at Rs. 460, with a listing premium of around 11% over its issue price of Rs 418. This impressive performance followed an oversubscribed IPO by 16.25 times, further adding to the positive sentiment surrounding the health-tech firm’s prospects.
Medi Assist Healthcare Services Limited is a well-established health-tech and insurance-tech company, but the identified concerns regarding client concentration and dependence on subsidiaries still require ongoing monitoring.
This successful debut paints a brighter picture for Medi Assist, but cautious optimism is still advised. Thus, investors may book this listing gain and exit their holdings; however, those who want to hold positions are advised to keep a stop loss at issue price.
