Vijaya Dianostic Ltd IPO- 1st Septmeber, 2021
Company Background
Vijaya Diagnostic, established in 1981, by Dr. S. Surendranath Reddy ,is one of the fastest-growing diagnostic chains in Southern India. It is India’s largest comprehensive diagnostic network and offers over 2000 kinds of tests to it's patients. It is spread in 13 cities with 80 centers. It has worked tirelessly over the last 40 years to ensure high quality in all of its locations, and has been a leader in implementing cutting-edge technology to provide best-in-class healthcare to its clients.
Business Information
It is based in the cities of Andra Pradesh,Telangana, National Capital Region and Kolkata. Vijaya Diagnostic Centre gets it's major chunk of revenue from its multiple centres set up in Hyderabad (96.2%) and the rest from the the states of Telangana and Andhra Pradesh.The company has a qualified team of over 2200 professionals consisting of some top radiologists, pathologists and healthcare professionals. By the end of March 31st, 2021, the company had conducted approximately 6.20 Mn pathology tests and 0.89 Mn radiology tests for approximately 2.63 Mn customers.
Facts about the company
As of March 31, 2021, all Vijaya Diagnostic Centre laboratories hold National Accreditation Board for Testing and Calibration Laboratories (NABL) accreditations, whereas three diagnostic centers hold Patient Safety & Quality of Care (NABH) accreditations
In the year 2019 Vijaya Diagnostic centre , won the best diagnostic service provider of the Year 2019” by Six Sigma Healthcare in Six Sigma Healthcare Excellence Awards 2019
It has also been awarded as “Most Trusted Diagnostic Centre of the Year – India” at an International Platform in IndoArab Leaders Summit & Awards 2019, held in Dubai in 2019
The company stays up with technology improvements and provide their consumers with the most up-to-date diagnostic medical information
Company is always looking for ways to improve their value-added services so that they may effectively cure patients with dignity, regard, and humanity
Vijaya Diagnostic has 62.17% stake in Medinova Diagnostic (Listed company) as on 25 Jan, 2017. Largest and fastest-growing diagnostic chain in Southern India
All laboratories hold National Accreditation
They are affordable and focus on quality
IPO Opening Date | Sep 1, 2021 |
IPO Closing Date | Sep 3, 2021 |
Issue Type | Book Built Issue IPO |
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 |
Allotment, Listing and Refunds details
IPO Open Date | Sep 1, 2021 |
IPO Close Date | Sep 3, 2021 |
Basis of Allotment Date | Sep 8, 2021 |
Initiation of Refunds | Sep 9, 2021 |
Credit of Shares to Demat Account | Sep 13, 2021 |
IPO Listing Date | Sep 14, 2021 |
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