What is Vijaya Diagnostics IPO GMP? issue details, Financials, and detailed analysis

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    Introduction

    Vijaya Diagnostics is the largest integrated diagnostic chain in southern India, by revenue, and also one of the fastest-growing diagnostic chains by revenue, for the fiscal year 2020 (Source: CRISIL Report). It offers a one-stop solution for pathology and radiology testing services to customers through our extensive operational network, which consists of 81 diagnostic centres and 11 reference laboratories across 13 cities and towns in the states of Telangana and Andhra Pradesh, and the National Capital Region, and Kolkata.

    Subsidiaries of Vijaya Diagnostics centre limited

    1. Doctorslab Medical Services Private Limited;
    2. Medinova Diagnostic Services Limited;
    3. Medinova Millennium MRI Services, LLP (step-down subsidiary);
    4. Namrata Diagnostic Centre Private Limited (step-down subsidiary); and
    5. VDC Diagnostic (Karnataka) LLP

    Vijaya diagnostics IPO retail portion

    The portion of the Net Offer being not less than 35% of the Net Offer consisting of 12,438,323 Equity Shares which shall be available for allocation to Retail Individual Bidders

    Financials of Vijaya diagnostics IPO

    The details of share capital, net worth, net asset value per Equity Share and Total Borrowings of Vijaya Diagnostics

    PARTICULARSJUNE 30, 2021JUNE 30, 2020MARCH 31, 2021MARCH 31, 2020MARCH 31, 2019
    EQUITY SHARE CAPITAL101.9745.3245.3245.3245.29
    NET WORTH3,929.082,758.283,592.322,741.392,070.10
    NET ASSET VALUE PER SHARE38.5327.0535.2326.8920.32
    TOTAL BORROWINGS11.92306.5644.72328.40424.26
    FIGURES IN MILLIONS(EXCEPT PER SHARE DATA)

    The details of total income, profit after tax, and earnings per Equity Share (basic and diluted) of Vijaya Diagnostics is as follows:

    PARTICULARSJUNE 30, 2021JUNE 30, 2020MARCH 31, 2021MARCH 31, 2020MARCH 31, 2019
    TOTAL INCOME1,259.70539.923,885.933,541.823,029.44
    PROFIT/LOSS333.2518.10849.11625.07462.72
    EARNING PER SHARE
    BASIC3.230.198.266.134.50
    DILUTED3.230.198.266.134.50

    Details of equity shareholding of the major Shareholders of Vijaya Diagnostics

    NAME OF THE SHAREHOLDERNUMBER OF EQUITY SHARES ON A FULLY DILUTED BASISPERCENTAGE OF PRE-OFFER EQUITY SHARE CAPITAL ( % ) FULLY DILUTED BASIS
    Karakoram Limited39,316,38738.56
    Dr. S. Surendranath Reddy ( Promoter )38,521,19537.78
    Sura Suprita Reddy9,176,9339.00
    Sunil Chandra Kondapally9,106,9338.93
    S. Geeta Reddy4,058,6383.98
    Kedaara Capital Alternative
    Investment Fund – Kedaara
    Capital    		1,469,9701.44

    Vijaya Diagnostics IPO details

    IPO opening dateSep 1, 2021
    IPO closing dateSep 3, 2021
    Face ValueRs 1 per equity share
    IPO priceRs 522 to Rs 531 per equity share
    The market lot and minimum order28 shares
    Listing atNSE, BSE
    Issue size/Offer for sale35,688,064 Eq Shares of ₹1
    (aggregating up to ₹1,895.04 Cr)
    Employee Discount52
    Maximum order13 lots Rs 193,284

    Vijaya Diagnostics IPO Grey Market Price ( GMP )

    Vijaya Diagnostic Centre was seen quoting at a premium of Rs 20, over the issue price. On Sept 01 2021

    Frequently Asked Question

    Vijaya Diagnostics IPO allotment date?

    SEP 8, 2021

    Vijaya Diagnostics IPO refund date?

    SEP 9, 2021

    Vijaya Diagnostics IPO listing date?

    SEP 14, 2021

    Vijaya Diagnostics IPO Promoter name?

    Dr S. Surendranath Reddy

    Vijaya Diagnostics IPO Promoter holding after issuance?

    Pre Issue Share Holding 59.78 %
    Post Issue Share Holding 54.78 %

    Vijaya Diagnostics IPO Registrar name?

    KFintech Private Limited
    Website : https://karisma.kfintech.com/

    How to apply for Vijaya Diagnostics IPO

    Steps to apply in Vijaya Diagnostic IPO through Zerodha
    Visit the Zerodha website and log in to Console.
    Go to Portfolio and click the IPOs link.
    Go to the ‘Vijaya Diagnostic IPO’ row and click the ‘Bid’ button.
    Enter your UPI ID, Quantity, and Price.
    ‘Submit’ IPO application form.
    Visit the UPI App (net banking or BHIM) to approve the mandate.
    Visit Zerodha IPO Application Process Review for more detail.

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