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Company Information

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MEDI ASSIST HEALTHCARE SERVICES LTD.

05 February 2026 | 03:52

Industry >> Insurance Distributor

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ISIN No INE456Z01021 BSE Code / NSE Code 544088 / MEDIASSIST Book Value (Rs.) 78.06 Face Value 5.00
Bookclosure 06/09/2024 52Week High 594 EPS 12.21 P/E 33.46
Market Cap. 3040.85 Cr. 52Week Low 385 P/BV / Div Yield (%) 5.23 / 0.00 Market Lot 1.00
Security Type Other

History of Company

The company history sections lists out major chronological events that happened to the company.
The Company was incorporated on June 7, 2000, as a private limited company under the Companies Act 1956, with the name "Net Logistics Private Limited", pursuant to a certificate of incorporation granted by the RoC. Subsequently, the name of our Company was changed to "Medi Assist Healthcare Services Private Limited" with a fresh certificate of incorporation granted by the Registrar of Companies, Karnataka at Bengaluru on November 21, 2012. Pursuant to the conversion of our Company to a public limited company and as approved by our Shareholders pursuant to a special resolution dated February 27, 2018, the name of our Company was changed to "Medi Assist Healthcare Services Limited", and the Registrar of Companies, Karnataka at Bengaluru issued a fresh certificate of incorporation on March 20, 2018.

Major events and milestones:
2000
-Incorporation of the Company

2002
-Registration of Medi Assist TPA as a third party administrator with IRDAI

2010
-Medimatter Health acquired stake in our Company from Reliance Capital Limited and Medybiz Private Limited

2011
-Investment by Bessemer Health in our Company
-Acquisition of 100.00 % of the paid up equity share capital of Medi Assist TPA by the Company

2013
-Investment by Investcorp Private Equity Fund I

2016
-Medi Assist TPA acquired DHS

2018
-MSPL amalgamated its business and operations in the Company
-Medi Assist TPA acquired Medicare Insurance TPA Services (India) Private Limited on a slump sale basis

2019
-Demerger of the consumer facing health and wellness division of our Company into Mandala

2022
-Acquisition of IHMS by our Company
-Acquisition of Mayfair India by the Company
-Acquisition of Mayfair UK by the Company

2023
-Acquisition of Medvantage TPA by Medi Assist TPA
-Acquisition of Raksha TPA by Medi Assist TPA

2024
-Acquisition of Paramount Health Services & Insurance TPA
-Merger of Medvantage Insurance TPA Private Limited with Medi Assist Insurance TPA Private Limited