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Medi Assist Healthcare Services IPO Subscription Status

Medi Assist Healthcare Services IPO was subscribed 16.25 times when bidding closed on 17 Jan 2024: QIB 40.14x, NII 14.85x, Retail 3.19x.

The Medi Assist Healthcare Services IPO has been subscribed 16.25x times overall. Retail investors have shown interest with bids for 3.19x the shares available. The Non-Institutional Investor (NII) category has been subscribed 14.85x. Within NII, Big HNI (B-HNI) subscribed 17.22x and Small HNI (S-HNI) subscribed 10.12x. Qualified Institutional Buyers (QIBs) have subscribed 40.14x. Data last updated on 10 Nov, 06:27 PM.

The IPO subscription period has ended. Given the strong demand, the allotment process is expected to be highly competitive. The issue opened on 15 Jan, 2024 and closes on 17 Jan, 2024. The shares are expected to list on stock exchanges on 23 Jan, 2024.

Abhishek Vohera, Founder of IPO Guru Researched & reviewed by Abhishek Vohera, Founder, IPO Guru Last updated Figures sourced from the RHP, BSE & NSE

Live bidding

Shares bid against shares offered, category by category, as published by the exchanges. Summary splits NII into bHNI (above ₹10 lakh) and sHNI (₹2–10 lakh); switch to Detailed for the exchange's own sub-category rows.

Last updated 10 Nov 2026, 06:27 PM
Category Bid details Times
QIB - of - - 40.14x
NII - of - - 14.85x
bHNI — bid amount above ₹10 Lakh
- - 17.22
sHNI — bid amount ₹2–10 Lakh
- - 10.12
Retail - of - - 3.19x
TOTAL - - 16.25x
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Medi Assist Healthcare Services IPO allotment probability

Your odds of an allotment in each category at the current subscription.

Retail (up to ₹2 L)
1 out of 3
~31.3% chance per PAN — based on 3.19x subscription. Winners get exactly 1 lot (₹14,630) by SEBI lottery, however many lots you bid.
Small HNI (₹2–10 L)
1 out of 10
~9.9% chance — based on 10.12x subscription. Lottery allots the minimum S-HNI application of 14 lots (₹2 L) per winner; bidding bigger doesn't improve odds.
Big HNI (above ₹10 L)
1 out of 16
~5.8% chance — based on 17.22x subscription. Lottery allots the minimum NII application of 14 lots (₹2 L) per winner, the same as S-HNI; any shares left over are allotted proportionately.
QIB (institutions)
40.14x
Proportionate allotment — at 40.14x, institutions receive ~2.5% of their bid. No lottery; not open to individual investors. Strong institutional endorsement.

Odds = allotment slots ÷ applications, or the subscription multiple where counts aren't available. Retail and HNI allotment is by lottery; QIB is proportionate. Not investment advice.

Subscription insights

What the current book is saying, read off the category numbers above.

Retail Allotment

Subscription is above 1x. While a lottery is guaranteed, your probability of allotment is approximately 31.3% for a single lot.

Institutional Backing

Massive institutional interest with QIBs subscribing 40.14x. This often signals long-term confidence from professional funds.

Day-wise subscription history

End-of-day subscription across the 3-day bidding window. On phones, tap a day for the category split.

Date Total
17 Jan 2024
Day 3
16.25x ▼
QIB40.14x BHNI17.22x SHNI10.12x Retail3.19x
16 Jan 2024
Day 2
1.19x ▼
QIB0.01x BHNI1.55x SHNI1.69x Retail1.69x
15 Jan 2024
Day 1
0.54x ▼
QIB- BHNI0.36x SHNI0.62x Retail0.89x

Medi Assist Healthcare Services IPO dates

From the bidding window to listing. Today is 11 November.

Key dates Listed
  1. Open 15 Jan 2024
  2. Close 17 Jan 2024
  3. Allotment 18 Jan 2024
  4. Refund/credit 19 Jan 2024
  5. Listing 23 Jan 2024

What does this subscription data mean?

IPO subscription data tells you how much demand exists for the shares being offered, broken down by investor category. Understanding each category helps you gauge the real sentiment behind the numbers:

  • 01 QIB (Qualified Institutional Buyers) — includes mutual funds, FIIs, insurance companies, and banks. QIBs do deep due diligence before bidding. A QIB subscription above 10x is a strong institutional endorsement. Watch QIB numbers closely on the final day — they often hold back and flood in after 3 PM.
  • 02 NII / HNI (Non-Institutional Investors) — high-net-worth individuals bidding above ₹2 lakh. NII allotment is proportionate (not lottery), so higher NII subscription means smaller per-lot allotment. Big HNI (B-HNI) bids above ₹10 lakh; Small HNI (S-HNI) bids ₹2–10 lakh.
  • 03 Retail — individual investors bidding up to ₹2 lakh. When retail is below 1x, everyone who applied gets full allotment. When oversubscribed, SEBI mandates a computerised lottery — only 1 lot per successful applicant regardless of how many lots you apply for.
  • 04 Overall Subscription — a blended multiple across all categories. A total subscription above 10x is considered strong; above 50x is exceptional and usually predicts strong listing gains.

Data sourced from BSE/NSE. Subscription numbers are updated during bidding hours (10 AM – 5 PM IST) on active subscription days.

Frequently asked

What is the current subscription status of Medi Assist Healthcare Services IPO?

As of IPO close date (17 Jan, 2024), the Medi Assist Healthcare Services IPO is subscribed 16.25x times. Retail category is 3.19x, and NII is 14.85x subscribed.

When is the allotment date for Medi Assist Healthcare Services IPO?

The allotment for Medi Assist Healthcare Services IPO is expected to be finalized on 18 January, 2024.

What is the GMP of Medi Assist Healthcare Services?

The Grey Market Premium (GMP) for Medi Assist Healthcare Services is currently ₹35, indicating a potential listing gain of 8%.

When will Medi Assist Healthcare Services IPO list on the stock market?

Medi Assist Healthcare Services is scheduled to list on BSE and NSE on 23 January, 2024.

What are the chances of getting allotment in Medi Assist Healthcare Services IPO?

The retail category is oversubscribed at 3.19x, meaning allotment is by lottery. Statistically, approximately 1 in 4 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.

What does QIB subscription of 40.14x mean for Medi Assist Healthcare Services IPO?

Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 40.14x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.

How to check Medi Assist Healthcare Services IPO allotment status?

After the allotment date (18 Jan, 2024), you can check your Medi Assist Healthcare Services IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.

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Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.

Total
16.25x
QIB
40.14x
NII
14.85x
bHNI
17.22x
sHNI
10.12x
Retail
3.19x
Full IPO details
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