Suraksha Diagnostic IPO subscribed 1.27 times on last day; Steps to check allotment status online and listing date

Suraksha Diagnostic IPO was booked 1.26% on Tuesday, December 3, the final day of subscription. The diagnostic services provider's initial public offering received bids for more than 1.69 crore shares against 1.34 crore shares on offer, leading to an overall subscription of 1.26 times. The subscription window for Suraksha Diagnostic IPO opened on Friday, November 29.

The investors who have applied for Suraksha Diagnostic IPO are waiting for the company to finalise the share allotment status. Suraksha Diagnostic IPO share allotment status will likely be decided on Wednesday, December 4.

Suraksha Diagnostic IPO and share allotment status can be checked on the official websites of the NSE and BSE, as well as the issuing registrar, Kfin Technologies Limited.

• Visit the NSE IPO allotment status page: www.nseindia.com/products/dynaContent/equities/ipos/ipo_login.jsp
• Enter your username and password to login. (First time users will need to create a fresh login id to proceed)
• Choose ‘Suraksha Diagnostic Limited’ from the drop-down menu
• Enter PAN details
• Enter your IPO application Number
• Click on the ‘I am not a Robot’ checkbox
• Click the ‘Submit’ button

Suraksha Diagnostic IPO share allotment status can also be checked on the BSE website by using the PAN details and the IPO application number.

• Visit the IPO allotment status page on the Kfin Technologies website: https://ris.kfintech.com/ipostatus/
• Choose any one server link from the 5 options
• Choose ‘Suraksha Diagnostic Limited’ from the drop-down menu of IPO names
• Enter the details for any of the selected fields such as application number, PAN and DP/Client ID
• Click on the ‘Submit’ button
• The IPO allotment status will be shown on your screen

It’s important to know that the company name and the share allocation details will only appear once the IPO allotment status is finalised by Suraksha Diagnostic.

Suraksha Diagnostic IPO subscription details

The retail portion of the IPO subscribed 95%, with investors applying for over 63.52 lakh shares against 67.16 lakh shares set aside for the category.

The Non-Institutional Investors (NIIs) placed bids for over 40.34 lakh shares against the 28.78 lakh shares set aside for the category, leading to a subscription of 1.4 times in the category. The Qualified Institutional Buyers (QIBs) applied for over 66.67 lakh shares against 38.37 lakh shares reserved for them. The QIBs booked their quota 1.74 times.

Suraksha Diagnostic IPO listing date

After the finalisation of the share allotment status, Suraksha Diagnostic will initiate refunds and transfer of shares to the Demat accounts on Thursday, December 5.

Shares of Suraksha Diagnostic Limited will be listed on the NSE and BSE. The tentative listing date for Suraksha Diagnostic IPO has been fixed as Friday, December 6.

Suraksha Diagnostic IPO Details

Suraksha Diagnostic IPO is a book-building issue worth ₹846.25 crore. The mainboard IPO consists entirely of an offer-for-sale (OFS) of 1.92 crore shares. The IPO price band was set at ₹420 to ₹441 per share.

The minimum application size for retail investors was a single lot of lot 34 shares, aggregating to an investment of ₹14,994.

About Suraksha Diagnostic Limited

Suraksha Diagnostic Limited was incorporated in 2005. The company offers services such as pathology, radiology testing and medical consultancy. Suraksha Diagnostic has a central reference laboratory with 8 satellite laboratories and 215 customer touchpoints located across West Bengal, Bihar, Assam and Meghalaya.