Friday, Jan 27, 2023
English News
  • Hyderabad
  • Telangana
  • Andhra Pradesh
  • India
  • World
  • Entertainment
  • Science and Tech
  • Sport
  • Business
  • ...
    • NRI
    • View Point
    • cartoon
    • Columns
    • Reviews
    • Education Today
    • Property
    • Videos
    • Lifestyle
    • Rewind
E-Paper
  • NRI
  • View Point
  • cartoon
  • Columns
  • Reviews
  • Education Today
  • Property
  • Videos
  • Lifestyle
  • Rewind
Home | Business | Vijaya Diagnostic Centres Rs 1895 Crore Ipo To Open On Sept 1

Vijaya Diagnostic Centre’s Rs 1,895-crore IPO to open on Sept 1

The integrated diagnostic chain that operates in southern India, has fixed the price band of the offer at Rs 522 to Rs 531 per equity share. Bids can be made for a minimum of 28 equity shares and in multiple of 28 equity shares thereafter

By Telangana Today
Published Date - 02:40 PM, Thu - 26 August 21
Vijaya Diagnostic Centre’s Rs 1,895-crore IPO to open on Sept 1

Hyderabad: Hyderabad-based Vijaya Diagnostic Centre’s Rs 1,895-crore IPO will open for subscription on 1 September, at a price band of Rs 522-531 per share of the face value of Re 1 each.

The integrated diagnostic chain that operates in southern India, has fixed the price band of the offer at Rs 522 to Rs 531 per equity share. Bids can be made for a minimum of 28 equity shares and in multiple of 28 equity shares thereafter. The offer will close on Friday, September 3, 2021.

The Initial Public Offering comprises of an offer for sale of up to 35,688,064 equity shares by the selling shareholders, comprising of up to 5,098,296 equity shares by Dr S Surendranath Reddy, up to 29,487,290 equity shares by Karakoram and up to 1,102,478 equity shares by Kedaara Capital Alternative Investment Fund- Kedaara Capital AIF 1.

One-third of the anchor investor portion will be reserved for domestic Mutual Funds, subject to valid bids being received from the domestic Mutual Funds at or above the anchor investor allocation price.

Company expects that listing of the equity shares will enhance its visibility and brand image and provide liquidity to shareholders and will also provide a public market for the equity shares in India.

ICICI Securities, Edelweiss Financial Services and Kotak Mahindra Capital are the Book Running Lead Managers to the issue.

The company, which has a network of 81 centres, earns 90 per cent of its revenues from the B2C segment.


Now you can get handpicked stories from Telangana Today on Telegram everyday. Click the link to subscribe.

Click to follow Telangana Today Facebook page and Twitter

  • Follow Us :
  • Tags
  • IPO
  • Vijaya Diagnostic Centre

Related News

  • What is IPO and how it works? 

    What is IPO and how it works? 

  • Starlink IPO still about 3 or 4 years away: Elon Musk

    Starlink IPO still about 3 or 4 years away: Elon Musk

  • Investors lose Rs 1.2 lakh crore as LIC shares tumble 20 per cent below issue price

    Investors lose Rs 1.2 lakh crore as LIC shares tumble 20 per cent below issue price

  • LIC mega IPO opens for subscription; to close on May 9

    LIC mega IPO opens for subscription; to close on May 9

  • 56 per cent Hyderabadis invest in mutual funds: Groww

    56 per cent Hyderabadis invest in mutual funds: Groww

  • Rainbow Children’s Medicare IPO opens on April 27

    Rainbow Children’s Medicare IPO opens on April 27

Latest News

  • Opinion: Get rid of corporatocracy

    5 hours ago
  • Editorial: Boost for maritime capability

    5 hours ago
  • Focus on sanitation in government hospitals across Telangana

    6 hours ago
  • Telangana: Excise dept earns Rs 419.11 cr from liquor sales in 3 days during Sankranti 

    5 hours ago
  • Hyderabad: Demolition of fire-hit building begins

    6 hours ago
  • This Hyderabadi duo making all-out efforts to preserve dying art of Kondapalli bommalu

    6 hours ago
  • Patriotic fervour pervades as Hyderabad celebrates Republic Day

    6 hours ago
  • Nearly 11,000 posts to be notified in Telangana by Feb 10

    7 hours ago

company

  • Home
  • About Us
  • Contact Us

business

  • Subscribe

telangana today

  • Telangana
  • Hyderabad
  • Latest News
  • Entertainment
  • World
  • Andhra Pradesh
  • Science & Tech
  • Sport

follow us

© Copyrights 2022 TELANGANA PUBLICATIONS PVT. LTD. All rights reserved. Powered by Veegam