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Krsnaa Diagnostics Ltd IPO
August 3, 2021
NSE adds 10 stocks in F&O Segment
August 27, 2021
August 26, 2021

Vijaya Diagnostic Centre Ltd IPO

Open: September 01, 2021 | Close: September 03, 2021


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About the Business

Established in 1981, 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.

Funds from the fresh issue will be used for

The Company will utilize fresh issue proceeds to achieve the benefits of share listing on the Stock Exchanges and to make an offer for sale (OFS) of 35,688,064 shares.

Company Financials: (in crores)


How to apply for an IPO/Buyback Online via Navjeevan?

  • Step 1: Go to our website and select an IPO that you wish to apply for.
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  • Step 4: Submit the application and then approve the block funds request on the UPI App.
  • Step 5: Done

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