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Medi Assist block deal: Shares rally 5% as equity worth Rs 578 crore changes hands

Medi Assist Healthcare Services saw a large deal involved 15.67 percent equity, with a promoter entity likely paring its full stake.

August 12, 2025 / 09:19 IST
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    Medi Assist Healthcare Services shares in the early session on August 12, Tuesday, after the large deal involving shares worth Rs 578 crore took place in the block deal window.

    The firm witnessed a large trade in which 1.10 crore shares, representing 15.67 percent equity, changed hands for Rs 578 crore at Rs 523 per share in the block deal window.

    At 9.15 a.m., shares of the firm were quoting Rs 554 on the NSE, higher by five percent compared to the previous session's closing price.

    Earlier, reports had suggested that the promoter entity Bessemer India would clean out its stake in firm. As of the June quarter, Bessemer India owned 15.67 percent in the company. The seller entity is not immediately known.

    As of June 2025, Medi Assist’s shareholding pattern shows promoters holding 20.6 percent, foreign institutional investors (FIIs) at 13.9 percent, domestic institutional investors (DIIs) holding the largest chunk at 42.3 percent, and the public owning 23.3 percent of the company.

    Medi Assist Healthcare Services posted a net profit of Rs 22.4 crore for the quarter ended June 30, 2025, marking a 19.1 percent rise from Rs 18.8 crore in the same period last year. Revenue from operations grew 13.6 percent to Rs 190.5 crore, compared with Rs 167.7 crore in Q1FY25.

    EBITDA for the April–June quarter stood at Rs 42.2 crore, up 18.5 percent from rs 35.6 crore a year ago, while the EBITDA margin improved to 22.1 percent from 21.2 percent in the corresponding quarter of the previous fiscal.

    The company’s net worth stood at Rs 577.39 crore as of June 30, 2025, up from Rs 503.16 crore in the same period last year. Its annualised return on net worth improved to 15.68 percent from 15.16 percent a year ago.

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    Disclaimer: The views and investment tips expressed by investment experts on Moneycontrol.com are their own and not those of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

    Moneycontrol News
    first published: Aug 12, 2025 09:19 am

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