Market News
2 min read | Updated on December 04, 2024, 14:57 IST
SUMMARY
Suraksha Diagnostic IPO allotment: The Kolkata-based firm's IPO, with a price range of ₹420-₹441 apiece, was completely an offer-for-sale of 19,189,330 equity shares valued at ₹846.25 crore.
Suraksha Diagnostic provides pathology and radiology testing solutions through its extensive operational network.
Suraksha Diagnostic IPO allotment status: After the successful bidding period, the share allotment status of Suraksha Diagnostic IPO will be finalised on Wednesday, December 4. The status can be viewed online on the websites of the registrar, Kfin Technologies Ltd, the NSE and the BSE.
Suraksha Diagnostic IPO got bids for 1.70 crore shares compared to 1.34 crore shares on offer, leading to a total subscription of 1.27 times, according to the consolidated data on the NSE website.
The ₹846-crore initial share sale attracted 1.74 times bids from qualified institutional buyers (QIBs), 1.40 times subscription from non-institutional investors and 94% subscription from retail investors.
Suraksha Diagnostic IPO subscribers can also check the allotment status on the BSE website.
Following IPO allotment finalisation, shares will be credited to the Demat accounts of successful investors on Thursday, December 5. The refunds for unsuccessful investors will be initiated on the same day.
Suraksha Diagnostic shares will be listed on the NSE and the BSE on Friday, December 6.
The Kolkata-based firm's IPO, with a price band of ₹420-₹441 apiece, was completely an offer-for-sale of 19,189,330 equity shares valued at ₹846.25 crore.
Since it is an OFS, Suraksha Diagnostic will not receive any proceeds from the IPO. The funds will be allocated to the selling shareholders.
Suraksha Diagnostic provides pathology and radiology testing solutions through its extensive operational network.
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