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Bessemer India Capital exits Medi Assist Healthcare
Bessemer India Capital exits Medi Assist Healthcare

Time of India

time6 days ago

  • Business
  • Time of India

Bessemer India Capital exits Medi Assist Healthcare

Mumbai: Promoter entity Bessemer India Capital Holdings II sold its entire 15.67% stake in Medi Assist Healthcare Services in a block deal worth ₹577.8 crore on NSE on Tuesday. About 21 funds bought the 11 million shares. These include ABSL Mutual Fund, Kotak Mahindra MF , Wasatch Emerging India Fund , ICICI Prudential MF, Edelweiss MF, HDFC Mutual Fund, and Public Sector Pension Investment Board. Finance Value and Valuation Masterclass - Batch 4 By CA Himanshu Jain View Program Artificial Intelligence AI For Business Professionals Batch 2 By Ansh Mehra View Program Finance Value and Valuation Masterclass - Batch 3 By CA Himanshu Jain View Program Artificial Intelligence AI For Business Professionals By Vaibhav Sisinity View Program Finance Value and Valuation Masterclass - Batch 2 By CA Himanshu Jain View Program Finance Value and Valuation Masterclass Batch-1 By CA Himanshu Jain View Program by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Join new Free to Play WWII MMO War Thunder War Thunder Play Now Undo

Bessemer India may offload its entire 15.67% stake in Medi Assist for Rs 560 cr
Bessemer India may offload its entire 15.67% stake in Medi Assist for Rs 560 cr

Time of India

time12-08-2025

  • Business
  • Time of India

Bessemer India may offload its entire 15.67% stake in Medi Assist for Rs 560 cr

Mumbai: Bessemer India Capital Holdings II may offload its entire 15.67% stake in Medi Assist Healthcare Services for over ₹560 crore in a block deal on the exchanges on Tuesday, according to a term sheet seen by ET. The investment firm , which is part of the promoter group, will sell 1.1 crore shares in the company, it said. The deal may be executed at a floor price of ₹507 per share, a 4% discount to Monday's closing price of ₹527.9. Finance Value and Valuation Masterclass Batch-1 By CA Himanshu Jain View Program Finance Value and Valuation Masterclass - Batch 2 By CA Himanshu Jain View Program Finance Value and Valuation Masterclass - Batch 3 By CA Himanshu Jain View Program Artificial Intelligence AI For Business Professionals By Vaibhav Sisinity View Program Finance Value and Valuation Masterclass - Batch 4 By CA Himanshu Jain View Program Artificial Intelligence AI For Business Professionals Batch 2 By Ansh Mehra View Program Medi Assist and Bessemer Venture Partners did not respond to an ET query as of press time. Promoters owned a 20.55% stake in Medi Assist as of June 30. Bessemer India Capital Holdings II held a 15.67% stake.

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