Vijaya Diagnostic Centre Private Limited
listed
₹14,616Min. investment
Vijaya Diagnostic Centre Private Limited IPO Details
Issue size
₹1,894Cr
IPO type
Mainboard
Price range
₹522 – ₹531
Listing date
14 Sep 2021
Lot size
28 shares
Price range₹522 – ₹531
IPO type
Regular
Lot size28 shares
Issue size₹1,894Cr
Vijaya Diagnostic Centre Private Limited Timeline
- Bid start1 Sep 2021
- Bid end3 Sep 2021
- Allotment3 Sep 2021
- Release of funds9 Sep 2021
- Demat transfer8 Sep 2021
- Listing14 Sep 2021
Vijaya Diagnostic Centre Private Limited IPO Details
A competitor to listed players such as Thyrocare and Metropolis Healthcare, Vijaya Diagnostics is a diagnostic chain in southern India. As per Crisil, it is one of the fastest-growing diagnostic chains by revenue for FY20.
The first ever clinic was established in Hyderabad in 1981, and the chain currently spans 80 diagnostic centres across 13 cities in Telangana, Andhra Pradesh (AP), the National Capital Region and Kolkata. As of FY20, Vijaya claims to command approximately 2% share within the entire South India diagnostic market on the basis of operating revenue.
About the issue
The IPO is entirely an offer for sale, wherein the company will offer 35,688,064 shares. Allocation wise, 50% of the issue will be reserved for the qualified institutional buyer (QIB) category, while non-institutional and retail categories have been assigned 15% and 35% of the issue, respectively.
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Vijaya Diagnostic Centre Private Limited Contact Details
Company NameVijaya Diagnostic Centre Private Limited
How to apply for Vijaya Diagnostic Centre Private Limited?
- Step 1
Log in to your Upstox account to access IPO investments. Next, select the current IPO section.
- Step 2
Specify IPO details. Enter the number of lots and the price you wish to apply for.
- Step 3
Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.
- Step 4
Mandate Notification. Your UPI app will receive a mandate notification to block funds.
- Step 5
Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.