Medi Assist Healthcare Services Ltd Performance
Open
490.75
Traded Value (Cr)
1.51 Cr
Prev. Close
487.8
VWAP
492.42
Volume
71,929
Face Value
5
Medi Assist Healthcare Services Ltd Fundamentals
Medi Assist Healthcare Services Ltd Financials
Resistance and Support
₹499.72
PIVOT
Resistance | |
---|---|
First Resistance | ₹505.433 |
Second Resistance | ₹516.167 |
Third Resistance | ₹521.883 |
Support | |
---|---|
First Resistance | ₹488.983 |
Second Resistance | ₹483.267 |
Third Resistance | ₹472.533 |
RSI | 47.506 |
MACD | -1.208 |
ADX | 11.603 |
CCI | -78.842 |
Delivery and Volume
About Medi Assist Healthcare Services Ltd
Medi Assist Healthcare Services Limited was formerly incorporated on June 7, 2000 as a Private Limited Company with the name 'Net Logistics Private Limited'. Subsequently, name of the Company was changed to 'Medi Assist Healthcare Services Private Limited' on November 21, 2012. Upon the conversion to a Public Company, the name was changed to 'Medi Assist Healthcare Services Limited' through fresh Certificate of Incorporation issued by the RoC on March 20, 2018. The Company is India's largest health benefits administrator in terms of revenues and premium serviced for health insurance policies. Under the TPA Regulations, insurance companies are the Main clients which serve as an intermediary between (a) general and health insurance companies and the insured members (under retail, corporate and insurance backed public health insurance policies), (b) insurance companies and healthcare providers (such as hospitals), and (c) the Government and beneficiaries of public health schemes. The Company offer Insurance Companies, seamless exchange of insured member and claims Information, claims processing, fraud detection, management of cashless healthcare provider network, enabling final payout to insured members and hospitals and data analytics, among others. The Company was registered as a Third Party Administrator (TPA) with IRDAI in 2002. In December 2010, Medimatter Health acquired equity stake into the Company from Reliance Capital Limited and Medybiz Private Limited. On May 27, 2017, Company acquired business of Medicare Insurance TPA Services (India) Private Limited as a going concern through slump sale, which became effective from June 29, 2018. On 17 February 2018, Medybiz Services Private Limited (MSPL) got merged with Company through Scheme of Amalgamation and resultant, entire business undertaking of MSPL, was transferred to and vested into Company effective from Appointed Date, April 1, 2018. With effect from 1 April 2018, the wholly owned subsidiary, Medybiz Services Private Limited (MSPL), merged with Company and the business undertaking of MSPL, got transferred to and vested in the Company in 2019. The Consumer Health Business (CHB) of Company was demerged into M/s. Mandala Wellness Private Limited (MWPL), through Scheme of Arrangement, effective from Appointed Date i.e. 1 September 2019. The Company is proposing an Offer for Sale of issuing upto 28,028,168 Equity Shares through Initial Public Offer.
Managing Director
Founded
2000
NSE Symbol
MEDIASSIST
Medi Assist Healthcare Services Ltd Management
Name | Designation |
---|---|
Vikram Jit Singh Chhatwal | Chairman & Wholetime Director |
Satish V N Gidugu | Whole Time Director & CEO |
Vishal Vijay Gupta | Nominee |
Gaurav Sharma | Nominee |
Himani Kapadia | Independent Director |
G Srinivasan | Independent Director |
Anil Chanana | Independent Director |
Ritu Niraj Anand | Independent Director |
Ananda Mukerji | Independent Director |
Megha Matoo | Company Sec. & Compli. Officer |
Medi Assist Healthcare Services Ltd News
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