Vijaya Diagnostics Centre Limited IPO Detail
Established in 1981, Vijaya Diagnostic Centre is one of the fastest-growing diagnostic chains in Southern India. The company offers a one-stop solution for pathology and radiology testing services. The company offers around 740 routine tests, 870 specialized pathology tests, 220 basic tests, and 320 advanced radiology tests. The company also offers a broad spectrum of customized health and wellness packages to its customers.
Company's operational network consists of 80 diagnostic centers and 11 reference laboratories spread across 13 cities and towns in the states of Telangana, Andhra Pradesh, National Capital Region, and Kolkata. 96.2% of the revenue comes from Hyderabad, the rest of Telangana, and the Andhra Pradesh region. During the year ended March 31, 2021, the company conducted approximately 6.20 Mn pathology tests and 0.89 Mn radiology tests for approximately 2.63 Mn customers.
As of March 31, 2021, all Vijaya Diagnostic Centre laboratories hold National Accreditation Board for Testing and Calibration Laboratories (NABL) accreditations, and three diagnostic centers hold Patient Safety & Quality of Care (NABH) accreditations.
- Largest and fastest-growing diagnostic chain in Southern India.
- Affordable, one-stop solution diagnostics service provider with a focus on superior quality.
- Strong technical capabilities, cutting-edge diagnostic testing technology and robust IT infrastructure.
- All laboratories hold National Accreditation.
- High brand recalls driving high individual consumer business.
Company PromotersDr. S. Surendranath Reddy
|IPO Opening Date||Sep 01, 2021|
|IPO Closing Date||Sep 03, 2021|
|Issue Type||Book Built Issue IPO|
|Face Value||₹1 per equity share|
|IPO Price||₹522 - 531 per equity share|
|Market Lot||28 Shares|
|Min Order Quantity||28 Shares|
|Listing At||BSE, NSE|
|Issue Size||₹1895.04 Cr|
|Fresh Issue||₹1895.04 Cr|
|Offer for Sale||35,688,064 Eq Shares of ₹1 (aggregating up to ₹1,895.04 Cr)|
IPO Subscription (Bidding Detail)
IPO Tentative Timetable
The Vijaya Diagnostics Centre Limited IPO open date is Sep 01, 2021, and the close date is Sep 03, 2021. The issue may list on Sep 14, 2021.
|IPO Open Date||Sep 01, 2021|
|IPO Close Date||Sep 03, 2021|
|Basis of Allotment Date||Sep 08, 2021|
|Initiation of Refunds||Sep 09, 2021|
|Credit of Shares to Demat Account||Sep 13, 2021|
|IPO Listing Date||Sep 14, 2021|
IPO Lot Size
The Vijaya Diagnostics Centre Limited IPO market lot size is 28 shares. A retail-individual investor can apply for up to 13 lots (364 shares or ₹193284).
IPO Promoter Holding
|Pre Issue Share Holding||59.78%|
|Post Issue Share Holding||54.78%|
For the year/period ended (₹ in Crs)
|Financial Year||Total Assets||Total Revenue||Profit After Tax|
Objects of the Issue:The net proceed from the IPO will be utilized towards the following purposes;
- Achieve the benefits of share listing on the Stock Exchanges.
- To make an offer for sale (OFS) of 35,688,064 shares.