Vijaya Diagnostic Centre Limited IPO
MainboardHospital & Healthcare Services
Listed On: Sep 14, 2021 at ₹ 540.0 (NSE)
₹ 14868 /28 Shares
Check Allotment01 Sep, 2021
Open Date03 Sep, 2021
Close Date09 Sep, 2021
Allotment Date14 Sep, 2021
Listing DatePrice Summary
Last Closing
994.75 (87.34%)52 Week High
1,275.0052 Week Low
740.00Last Update
19-Dec-2025 3:30 PMIPO Issue Details
- Issue Price ₹522-531 per equity share (Employee Discount - ₹52)
- Face Value ₹1 Per Equity Share
-
Issue Price
35,688,064 Eq Shares of ₹1 (aggregating up to ₹1,895.04 Cr)
#Offer for Sale: 35,688,064 Eq Shares of ₹1 (aggregating up to ₹1,895.04 Cr) - Listing at BSE, NSE
- List Price 540.0 (NSE)
- Listing Date 2021-09-14
- Lead Manager Edelweiss Financial Services Ltd, ICICI Securities Limited, Kotak Mahindra Capital Company Limited
- Registrar KFintech Private Limited
IPO Details
- Retail Portion 35%
IPO Details
The IPO of is priced at ₹522-531 per equity share, which has a face value of ₹1 Per Equity Share each, IPO bidding starts from Sep 1, 2021 and ends on Sep 3, 2021. The allotment for IPO will be finalized on Sep 9, 2021. IPO will be listed on BSE, NSE, with a tentative listing date fixed as Sep 14, 2021. The company shall list its equity shares on the BSE, NSE. KFintech Private Limited is the registrar of the issue.
The book-running lead manager for the IPO is/are Edelweiss Financial Services Ltd, ICICI Securities Limited, Kotak Mahindra Capital Company Limited.
The IPO sets its price band at 522-531 for each share. A single application for Vijaya Diagnostic Centre Limited IPO must contain at least 28 shares.
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IPO Subscription Analysis And Details
| As on | QIB | NII | Retail | Employee | Total |
|---|---|---|---|---|---|
| Shares Offered / Reserved | 71,07,613 | 53,30,710 | 1,24,38,323 | 1,50,000 | 2,50,26,646 |
|
Day 1
01-09-21 05:00 PM
|
0.23 x | 0.01 | 0.46 x | 0.25 x | 0.30 x |
|
Day 2
02-09-21 05:00 PM
|
0.32 x | 0.05 | 0.74 x | 0.52 x | 0.48 x |
|
Day 3
03-09-21 05:00 PM
|
13.07 x | 1.33 | 1.10 x | 0.98 x | 4.54 x |
Valuations
Company Financials
| 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |
|---|---|---|---|
| Assets | 540.94 | 482.25 | 406.43 |
| Revenue | 388.59 | 354.18 | 302.94 |
| Profit After Tax | 84.91 | 62.50 | 46.27 |
About Company
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.
- Promoter(s)
Dr. S. Surendranath Reddy
Pre Issue Share Holding : 59.78%
Post Issue Share Holding : 54.78%
IPO - Issue Objectives
Achieve the benefits of share listing on the Stock Exchanges.
To make an offer for sale (OFS) of 35,688,064 shares.
IPO - Anchor Investors
Vijaya Diagnostic Centre mobilises Rs 566.12 crore from anchor investors ahead of IPO
Marquee investors participated in anchor book included Government Pension Fund Global, Fidelity Investment Trust, Aberdeen, Abu Dhabi Investment Authority (ADIA), Kuwait Investment Authority (KIA), Pioneer Investment Fund, CLSA, Franklin Templeton MF, Bajaj Allianz Life Insurance, SBI Life Insurance, and Kotak Life Insurance.
Among domestic investors, SBI Mutual Fund, Axis Mutual Fund, Aditya Birla Mutual Fund, ICICI Prudential Mutual Fund, Nippon India Mutual Fund, Franklin Templeton Mutual Fund, Mirae Mutual Fund, Edelweiss MF and DSP Mutual Fund.
IPO - Peers Comparison
| P/B Ratio | P/E Ratio | RoNW | Revenue(in Cr.) | |
|---|---|---|---|---|
| Vijaya Diagnostic Centre Limited | 13.78 | 63.78 | 23.14% | 388.59 |
| Dr. Lal Pathlabs Limited | 26.16 | 85.03 | 30.78% | 1,632.60 |
| Metropolis Healthcare Ltd | 19.65 | 54.64 | 35.95% | 1,010.03 |
| Thyrocare Technologies Ltd | 14.81 | 40.29 | 36.76% | 507.05 |
IPO - FAQs
Ans. Vijaya Diagnostic Centre Limited IPO is a Mainboard IPO. The issue is priced at ₹522-531 per equity share (Employee Discount - ₹52). The minimum order quantity is 28 Shares. The IPO opens on Sep 1, 2021, and closes on Sep 3, 2021. KFintech Private Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Ans. The Vijaya Diagnostic Centre Limited IPO opens on Sep 1, 2021 and closes on Sep 3, 2021.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Vijaya Diagnostic Centre Limited IPO is 35,688,064 Eq Shares of ₹1 (aggregating up to ₹1,895.04 Cr) #Offer for Sale: 35,688,064 Eq Shares of ₹1 (aggregating up to ₹1,895.04 Cr).
Ans. The Vijaya Diagnostic Centre Limited IPO price band is set between ₹522-531 per equity share (Employee Discount - ₹52).
Ans. To apply for Vijaya Diagnostic Centre Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Vijaya Diagnostic Centre Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Vijaya Diagnostic Centre Limited IPO is Sep 9, 2021.
Ans. The Vijaya Diagnostic Centre Limited IPO will be listed on Sep 14, 2021.
Ans. Follow the steps to check the Vijaya Diagnostic Centre Limited IPO allotment status online.