Founded in 1981, the Vijaya Diagnostic Center is one of the fastest growing chains in South India. The company offers a single solution for the provision of pathology and radiology services. The company offers 740 standard tests, 870 special pathology tests, 220 basic tests, and 320 advanced radiology tests. The company also offers many well-designed health packages to its customers.
The Company’s operational network consists of 80 diagnostic centers and 11 distribution laboratories in all 13 cities and cities in the provinces of Telangana, Andhra Pradesh, National Capital Region and Kolkata. 96.2% of revenue comes from Hyderabad, the rest of Telangana, and the state of Andhra Pradesh. For the year ended March 31, 2021, the company conducted approximately Mnan 6.6 Mn and 0.89 Mn radiology tests for about 2.63 Mn Mnans.
As of March 31, 2021, all laboratories in the Vijaya Diagnostic Center have been accredited by the National Laboratory Laboratory Testing and Testing Board, and three diagnostic centers have been licensed for Patient Safety & Quality of Care (NABH).
Competitive 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.
Company Promoters
Dr. S. Surendranath Reddy is the promoter of the company.
Company Financials
| Particulars | For the year/period ended (₹ in million) | ||
|---|---|---|---|
| 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |
| Total Assets | 5,409.40 | 4,822.56 | 4,064.30 |
| Total Revenue | 3,885.93 | 3,541.82 | 3,029.44 |
| Profit After Tax | 849.11 | 625.07 | 462.72 |
Objects Of The Issue
The net proceed from the IPO will be utilized towards the following purposes;
- Achieve the benefits of share listing on the Stock Exchanges.
- To make an offer for sale (OFS) of 35,688,064 shares.
Vijaya Diagnostic IPO – Details
| IPO Opening Date | 01 September 2021 |
| IPO Closing Date | 03 September 2021 |
| Issue Type | Book Built Issue IPO |
| Issue Size | 1894.26 Crore |
| Face Value | ₹1 per equity share |
| IPO Price | [522] To [531] Per Equity Share |
| Market Lot | 28 Shares |
| Min Order Quantity | 28 Shares |
| Listing At | BSE NSE |
| Total Share Issue | – |
| Register | KFintech Private Limited |
Vijaya Diagnostic IPO – Timetable
| IPO Open Date | 01 September 2021 |
| IPO Close Date | 03 September 2021 |
| Basis of Allotment Date | 08 September 2021 |
| Initiation of Refunds | 10 September 2021 |
| Credit of Shares to Demat Account | 13 September 2021 |
| IPO Listing Date | 14 September 2021 |
Vijaya Diagnostic IPO – Lots Size & Price
| Application | Lots | Shares | Amount ( Cut-Off) |
| Minimum | 1 | 28 | 14,868 |
| Maximum | 13 | 364 | 1,93,284 |
Company Contact Information
| Vijaya Diagnostic Centre Limited 3-6-16 & 17, Street No. 19, Himayatnagar Hyderabad, 500 029 Phone: +91 40 2342 0411 Email: ir@vijayadiagnostic.in Website: https://www.vijayadiagnostic.com/ |
Vijaya Diagnostic IPO Registrar
| KFintech Private Limited KFintech, Tower-B, Plot No 31 & 32, Financial District, Nanakramguda, Gachibowli, Hyderabad, Telangana India – 500 032. Phone: 04067162222, 04079611000 Email: vijaya.ipo@kfintech.com Website: https://karisma.kfintech.com/ |
Vijaya Diagnostic IPO FAQs
| What is Vijaya Diagnostic IPO? Vijaya Diagnostic IPO is a main-board IPO of [.] equity shares of the face value of ₹1 aggregating up to ₹[.] Crores. The issue is priced at [.] to [.] per equity share. The minimum order quantity is . The Vijaya Diagnostic IPO open and close dates are not available as of now. KFintech Private Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE. |
| When Vijaya Diagnostic IPO will open? The Vijaya Diagnostic IPO dates are announced. The date of Vijaya Diagnostic IPO is 01 Sep 2021 to 03 Sep 2021 |
| What is the lot size of Vijaya Diagnostic IPO? Vijaya Diagnostic IPO lot size and the minimum order quantity is 28 Shares at this time. |
| How to apply for Vijaya Diagnostic IPO? You can apply in Vijaya Diagnostic IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services. |
| When is Vijaya Diagnostic IPO listing date? The Vijaya Diagnostic IPO listing date is announced. The date of Vijaya Diagnostic IPO listing is [14 Sep 2021]. |
