Medi Assist Healthcare, the first insurance third-party administrator (TPA) in India to list on the exchanges, saw its shares debut at a 11.2% premium. The stock listed at Rs 465 on BSE and Rs 460 on NSE, compared to an issue price of Rs 418. The company’s IPO, which was subscribed 16 times, provided investors with an opportunity to invest in a leading TPA health-tech and insurance-tech company.
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