IPO

Invicta Diagnostic Limited IPO

NSE SME

Listed On: Dec 8, 2025 at ₹ 100.0

₹ 272000 /3200 Shares
*Min Investment

Check Allotment

01 Dec, 2025

Open Date

03 Dec, 2025

Close Date

04 Dec, 2025

Allotment Date

08 Dec, 2025

Listing Date
Invicta Diagnostic IPO Live Subscription Details
View Subscription Details
QIB 3.51x
Individual 3.44x
NIIs 7.27x
BHNI 7.76x
SHNI 6.27x
Individual 3.44x
Total 4.34x
Last updated: 03 Dec 2025, 05:57 PM
Invicta Diagnostic IPO Issue Details
  • Issue Price ₹80-85 per equity share
  • Face Value ₹10 Per Equity Share
  • Total Issue Size 33,08,800 shares(aggregating up to ₹28.12 crore)
  • Fresh Share 33,08,800 shares(aggregating up to ₹28.12 crore)
  • Listing at NSE SME
  • List Price 100.0
  • Listing Date 2025-12-08
  • Lead Manager Socradamus Capital Pvt Ltd
  • Registrar Bigshare Services Pvt Ltd
Market Lot Size

Investors can bid for a minimum of 3200 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Individual (min) 2 3200 ₹2,72,000
Individual(max) 2 3200 ₹2,72,000
SHNI(min) 3 4800 ₹4,08,000
SHNI(max) 7 11,200 ₹9,52,000
BHNI(min) 8 12,800 ₹10,88,000
Invicta Diagnostic IPO Reservation

Invicta Diagnostic IPO offers total 3308800 shares. Out of which 534400 (16.15%) allocated to QIB, 542400 (16.39%) allocated to NII,1267200 (38.3%) allocated to RII, NA (NA%) allocated to employees and 798400 (24.13%) allocated to Anchor investors.

Investor Category Shares Offered Maximum Allottees
Anchor Investor Shares Offered 798400 (24.13%)
Market Maker Shares Offered 166400 (5.03%)
QIB Shares Offered 534400 (16.15%)
NII (HNI) Shares Offered 542400 (16.39%)
bNII > ₹10L 361600 (9.39%)
sNII < ₹10L 180800 (4.85%)
Individual Shares Offered 1267200 (38.3%)
Total Shares Offered 3308800 (100%)
Invicta Diagnostic IPO Documents
DRHP
RHP
ANCHOR
Invicta Diagnostic IPO Details


Invicta Diagnostic Limited IPO is an SME IPO, priced at ₹80-85 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform. The IPO comprises a total issue of 33,08,800 equity shares, aggregating up to ₹28.12 crores..

The IPO bidding window is open from Dec 1, 2025 to Dec 3, 2025. The allotment is expected to be finalized on Dec 4, 2025, and the tentative listing date is Dec 8, 2025.

The minimum lot size for Individual investors is 3200 shares, with a minimum investment of ₹2,72,000.

Socradamus Capital Pvt Ltd is acting as the lead manager to the issue. The registrar of the IPO is Bigshare Services Pvt Ltd, and

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Invicta Diagnostic IPO Subscription Analysis And Details
Retail
3.44x
QIB
3.51x
NII
7.27x
bNII
7.76x
sNII
6.27x
Total
4.34x
As on QIB NII
bNII   sNII 		Individual Total
Shares Offered / Reserved 5,34,400 5,42,400
3,61,600    1,80,800 		12,67,200 23,44,000
Day 1 01-12-25 05:00 PM
1.00 x 0.68 x
0.79 x   0.45 x 		0.28 x 0.54 x
Day 2 02-12-25 05:00 PM
1.55 x 1.04 x
1.27 x   0.58 x 		0.79 x 1.02 x
Day 3 03-12-25 05:00 PM
3.51 x 7.27 x
7.76 x   6.27 x 		3.44 x 4.34 x
Total No of Applications
1,772
Subscription on the basis of Applications
Retail:3.44x BHNI:2.52x SHNI:5.74x
Invicta Diagnostic Valuations
EPS Pre IPO ₹5.86/-
EPS Post IPO ₹6.50/-
P/E Pre IPO 14.51
P/E Post IPO 13.08
ROE 44.28%
ROCE 42.00%
Debt/Equity 0.26
RoNW 36.25%
PAT Margin 16.38%
Price to Book Value 5.26
Market Cap. 106.86 Cr.
Invicta Diagnostic Company Financials
In Crs.
In Cr.
30-Sep-25 31-Mar-25 31-Mar-24
Assets 34.90 21.22 15.89
Revenue 17.08 30.18 15.90
Profit After Tax 4.08 4.93 3.81
Net Worth 23.68 13.60 8.67
Reserves & Surplus 14.42 5.18 8.54
Total Borrowing 3.72 3.54 3.81
About Invicta Diagnostic Company

Incorporated in January 2021, Invicta Diagnostic Limited offers radiology and pathology solutions. It provides pathology and radiology testing comprising imaging, radiology, pathology, and teleradiology services under the brand 'PC Diagnostics” through 7 diagnostic centres and a central laboratory across Mumbai in Maharashtra.

Invicta Diagnostics Limited, trading as PC Diagnostics, is a Mumbai-based diagnostic services company specializing in integrated pathology and radiology solutions. The company follows a hub‑and‑spoke model across the Mumbai Metropolitan Region, featuring:
A flagship hub offering full-spectrum pathology and advanced radiology (CT, MRI) at Thane West
Three other centres - Bhayandar, Byculla, Marol - offering specialized diagnostic services
Basic imaging, including X-ray and ultrasound, and sample collection were the focus of spokes at Lower Parel, Sewri, Mazgaon, and Kalwa.
It offers approximately 60 routine and 487 specialized pathology tests and around 96 basic and 130 advanced radiology investigations.

Invicta Diagnostics provides a comprehensive suite of diagnostic services that includes:
Routine Tests: Includes CBC, lipid profiles, liver function tests (LFT), kidney function tests (KFT), and thyroid panels
Specialized Tests: Molecular diagnostics, immunoassays, infectious disease markers including dengue, COVID-19, cancer markers, and genetic panels.

Sample Collection Network: Invicta uses phlebotomists and collection partners to reach patients at home or through its spoke centres. The company has a network of 5 laboratory doctors, 20 radiologists, and 127 well-trained technical staff as of May 31st, 2025. The company has 105 permanent employees as of May 31, 2025.

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Invicta Diagnostic - Promoter(s)

Dr. Ketan Jayantilal Jain

Dr. Sanket Vinod Jain

Rohit Prakash Srivastava

Badal Kailash Naredi

Jayesh Prakash Jain

Pre Issue Share Holding : %

Post Issue Share Holding : %

Invicta Diagnostic IPO - Issue Objectives
1

Funding capital expenditure for purchase of medical equipment towards establishment of five new diagnostic centres in Maharashtra

2

General Corporate purposes

Contact Details

Invicta Diagnostic

1 GF, Plot 217, Ambavat Bhavan, N.M Joshi Marg, Delisle Road, Mumbai, Maharashtra, 400013

022-4971-0036

investors@pcdiagnostics.in

https://www.pcdiagnostics.in/

Registrar Contact Details

Bigshare Services Pvt Ltd

+91-22-6263 8200

ipo@bigshareonline.com

https://ipo.bigshareonline.com/ipo_status.html