Vijaya Diagnostic Centre was incorporated on June 5, 2002. The company offers a comprehensive range of approximately 740 routine and 870 specialized pathology tests and approximately 220 basic and 320 advanced radiologytests thatcover a range of specialties and disciplines, as of June 30, 2021.
| Bidding Dates |
|---|
| 01 Sep 2021 - 03 Sep 2021 |
| Subscription |
|---|
| 4.54x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹14,868 | 1 | 13 | 28 | 35.7 M | ₹522 - ₹531 | 59.78 % | ₹18629.2 M - ₹18950.4 M | RHP DOC |
Vijaya Diagnostic Centre IPO SUBSCRIPTION STATUS
03 Sep '21Vijaya Diagnostic Centre IPO overall subscription rate was 4.54 times the total available shares
Vijaya Diagnostic Centre IPO retail subscription rate was 1.09 times in the retail segment
Vijaya Diagnostic Centre IPO non-institutional investor subscription rate was 1.32 times in the non-institutional investor category
Vijaya Diagnostic Centre IPO Qualified Institutional Bidder subscription rate was 13.07 times the available shares for Qualified Institutional Bidder
Vijaya Diagnostic Centre IPO Employees subscription rate was 0.98 times in the Employees category
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers | Employees |
|---|---|---|---|---|
| Category Reservation | 35% | 15% | 50% | - |
03 Sep 2021 (Day 3) | 1.09x | 1.32x | 13.07x | 0.98x |
02 Sep 2021 (Day 2) | 0.74x | 0.05x | 0.32x | 0.52x |
01 Sep 2021 (Day 1) | 0.46x | 0.01x | 0.23x | 0.24x |
Vijaya Diagnostic Centre IPO SUBSCRIPTION STATUS DETAILS
Vijaya Diagnostic Centre had 35.7 M shares on offer
Vijaya Diagnostic Centre IPO offer price was in the range ₹522 - ₹531
Vijaya Diagnostic Centre IPO minimum Investment was ₹14868
Vijaya Diagnostic Centre IPO issue size was ₹ 18629.2 M - ₹ 18950.4 M
Vijaya Diagnostic Centre had a minimum lot size of 28 Shares per application
Vijaya Diagnostic Centre NUMBER OF SHARES ON OFFER
Vijaya Diagnostic Centre IPO IMPORTANT DATES
| Issue Open Date | 01 Sep 2021 |
| Issue close Date | 03 Sep 2021 |
| Allotment Date | 08 Sep 2021 |
| Refund Date | 09 Sep 2021 |
| Demat Account Credit Date | 13 Sep 2021 |
| Listing Date | 14 Sep 2021 |
| Listing on Exchange(s) | NSE and BSE |
| Vijaya Diagnostic Centre Allotment Status | Exchange |
Vijaya Diagnostic Centre IPO subscription opened on 01 Sep 2021, and closed on 03 Sep 2021
IPO allotment for Vijaya Diagnostic Centre was finalized on Wednesday, 08 Sep 2021
IPO listing for Vijaya Diagnostic Centre was on NSE and BSE on Tuesday, 14 Sep 2021
Vijaya Diagnostic Centre IPO LISTING GAINS
| Issue Price (adjusted) | 531.0 |
| Listing Open Price | 542.3 |
| Listing Close Price | 619.3 |
| Listing Gain% | 2.1% |
| Current Gain% | 154.4% |
Vijaya Diagnostic Centre Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Vijaya Diagnostic Centre Ltd. | 1351.1 | 13776.6 | 74.2 | 3 | 16.2 | 18.1 | 11.5 | 835 | 19.3 | 173 | 20.9 | 18.2 | 24.9 |
| Dr. Lal Pathlabs Ltd. | 1931.6 | 32421.7 | 59.8 | 10.7 | 11.2 | 20.1 | 16 | 2864.2 | 12.1 | 504.8 | 3.6 | 32.3 | 5.6 |
| Inventurus Knowledge Solutions Ltd. | 1737.7 | 29814.3 | 39 | 1 | 8.9 | 25.8 | 16.9 | 3211 | 18.8 | 721.6 | 48.4 | 44.5 | 40.9 |
| Indegene Ltd. | 554.4 | 13357.5 | 33.3 | -4.2 | 3.5 | 12.8 | 8.7 | 3582.5 | 21.6 | 401.1 | -1.4 | 16.6 | -7.9 |
| Metropolis Healthcare Ltd. | 563.2 | 11680.1 | 57.9 | 1.8 | 6.8 | 12.6 | 8.9 | 1671.4 | 24.1 | 190 | 31.1 | 9.7 | 32.6 |
| Thyrocare Technologies Ltd. | 603.2 | 9601.6 | 54.5 | 0.8 | 11 | 27.8 | 21.8 | 846 | 20.5 | 163 | 78.2 | 11.1 | 65.7 |
Vijaya Diagnostic Centre INFORMATION ON IPO ISSUE
About Vijaya Diagnostic Centre
Object of the Issue
2. To make an offer for sale (OFS) of 35,688,064 shares.
Vijaya Diagnostic Centre - PROMOTERS
| Name |
|---|
| S. Surendranath Reddy |
Vijaya Diagnostic Centre Book Running Lead Managers
ICICI Securities Limited
vijaya.ipo@icicisecurities.com
Edelweiss Financial Services Limited
vijayadiagnostic.ipo@edelweissfin.com
Kotak Mahindra Capital Company Limited
vijayadiagnostic.ipo@kotak.com
Vijaya Diagnostic Centre Registrar to the Offer
KFin Technologies Private Limited
vijaya.ipo@kfintech.com
Vijaya Diagnostic Centre Strengths
Largest and fastest-growing diagnostic chain in Southern India.
Affordable, one-stop solution diagnostics service provider with a focus on superior quality.
Strong technical capabilities, cutting-edge diagnostic testing technology and robust IT infrastructure.
All laboratories hold National Accreditation.
High brand recalls driving high individual consumer business.
IPO FAQs
This IPO consists of an offer for sale of up to Rs 1,895.0 crore, of 35,688,064 shares.
The promoter of the company is S. Surendranath Reddy.
The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.
The price band of the IPO is Rs 522.0 - 531.0.
The IPO application opens on Sep 01, 2021 and closes on Sep 03, 2021.
The minimum lot size for the IPO is 28. The maximum lot size for the IPO is 364.
For all category investors, the minimum application amount for this IPO is Rs. 14,868.0, the maximum value for this IPO is Rs 193,284.0.
This IPO will be allotted on Sep 08, 2021.
The refund will be credited to your account on Sep 09, 2021.
The allotted shares will be credited to your demat on Sep 13, 2021.
Vijaya Diagnostic Centre Ltd.’s shares listed on the stock exchanges on Sep 14, 2021.