Vijaya Diagnostic Centre Ltd IPO
Vijaya Diagnostic Centre Ltd IPO
Vijaya Diagnostic Centre Ltd's ₹1,895 Cr IPO opens from September 01, 2021, at price band of ₹522 to ₹531 per equity share.
Issue closes on September 03, 2021.
Vijaya Diagnostic Centre Ltd's IPO market lot size is of 28 shares. A retail-individual investor can apply for up to 13 lots (total 364 shares at ₹193,284).
Vijaya Diagnostic IPO Details
The firm incorporated 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.
Also, Ami Organics Ltd's public issue opens this week.
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