Medi Assist Healthcare Services has debuted at Rs 465.00 on the BSE, up by 47 points or 11.24% from its issue price of Rs 418.

The scrip is currently trading at Rs 470.30, up by 52.30 points or 12.51% from its issue price. It has touched a high and low of Rs 509.60 and Rs 459.65 respectively. So far 5.22 lakh shares were traded on the counter.

The offering, which was open for subscription between January 15, 2024 and January 17, 2024 was subscribed 16.25 times. The issue price was fixed at Rs 418 per share i.e. at upper end of price band of Rs 397-418 apiece. 

Medi Assist is a health-tech and insurtech company focused on administering health benefits across employers, retail members, and public health schemes.