IPO

Suraksha Diagnostic Ltd. IPO

Suraksha Diagnostic Ltd., established in 2005, operates in the Hospitals & Medical Services sector. The company's IPO opened on November 29, 2024 and closed on December 3, 2024, with an issue price of ... Read more

Min Investment
₹ 14,994 / 34 shares
Price Range
₹420 - ₹ 441
Bidding Dates
29 Nov '24 - 3 Dec '24
Total Issue Value
846.25 Cr
Lot Size
34
Total Issue Size
846.25 Cr
Listing At
BSE, NSE
Subscription
1.19 times
BSE Price
375.60 (-14.83%)
NSE Price
375.65 (-14.82%)

IPO Timeline

  • 29 Nov 2024
    Bidding Starts
  • 3 Dec 2024
    Bidding Ends
  • 4 Dec 2024
    Allotment Finalization
  • 6 Dec 2024
    Listing

About Suraksha Diagnostic Ltd.

We offer one-stop integrated solutions for pathology and radiology testing and medical consultation services including X-rays, ultrasonography, computerized tomography, magnetic resonance imaging scans and vaccination services through our operational network, consisting of our flagship central ... Read more

Parent organisation
Founded
Suraksha Diagnostic Ltd.
2005

Suraksha Diagnostic Ltd. IPO Reservation

Investors Category Shares Offered
Anchor Investors 57,56,799 (30%)
Non Institutional Investors 28,78,400 (15%)
Qualified Institutional Buyers (QIBs) 38,37,866 (20%)
Retail Individual Investors (RIIs) 67,16,266 (35%)

Suraksha Diagnostic Ltd. Financial Information

Year End Revenue PAT Reserves & Surplus
31 Mar 2024 222.17 Cr 25.16 Cr 172.34 Cr
31 Mar 2023 193.56 Cr 7.19 Cr 148.10 Cr
31 Mar 2022 225.50 Cr 23.75 Cr 141.49 Cr

Suraksha Diagnostic Ltd. Background

Major Events And Milestones
  • 2007
    Launched the first centre of the Company at Kestopur, West Bengal.
  • 2010
    Launched centre at Khardah, West Bengal and number of operating centres increased to 5.
  • 2013
    Received first round of funding of ?300 million from private equity investor Lighthouse Funds, through their investment entity India 2020 Limited.
  • 2016
    Number of laboratories increased to 4 and number of operating centres increased to 25.
    Received second round of funding of ₹200 million from OrbiMed Asia II Mauritius FDI Investments Limited (since amalgamated into OrbiMed Asia II Mauritius Limited), and also marked the exit of the India 2020 Limited from our Company.
  • 2017
    Acquired the business of Sunwell Diagnostic Private Limited for a consideration of ₹30 million.
  • 2019
    Expansion of our operations to Meghalaya through a public-private partnership with the Government of Meghalaya.
  • 2020
    Acquisition of 2 pre-existing diagnostic centres in Kolkata from Future Medical and Research Trust for a consideration of ?67 million.
  • 2023
    Established our first 3T MRI and 128 CT at New Town
Suraksha Diagnostic Ltd. Object of Issues

1. Carry out the sale and transfer of up to 19,189,330 Equity Shares of face value ?2 each by the Selling Shareholders
2. Achieve the benefits of listing the Equity Shares on the Stock Exchanges

Suraksha Diagnostic Ltd. IPO Listing Details
Listing Date
6 Dec 2024
BSE Script Code
SURAKSHA
NSE Symbol
SURAKSHA
ISIN
INE877V01027
Final Issue Price
₹ 441
Suraksha Diagnostic Ltd. Listing Day Trading Information
Pricing Details BSE NSE
Issue Price ₹ 441.00 ₹ 441.00
Open ₹ 437.00 ₹ 438.00
Low ₹ 414.80 ₹ 414.95
High ₹ 449.00 ₹ 449.00
Last Trade ₹ 417.95 ₹ 417.25
Suraksha Diagnostic Ltd. Company Promoters

1. Dr. Somnath Chatterjee
2. Ritu Mittal
3. Satish Kumar Verma

Industry Overview

The Indian diagnostics services market, estimated to at ?860 to ?870 billion in Fiscal 2024, is projected to grow at CAGR of around 10%-12% to ?1,275-?1,375 billion by Fiscal 2028, out of which the eastern and north-eastern India market, estimated at ?170-?180 billion in Fiscal 2024, is projected ... Read more

Suraksha Diagnostic Ltd. IPO Registrar
KFin Technologies Ltd.
Karvy Selenium, Tower B, Plot No. 31 & 31, Gachibowli, Financial District, Nanakramguda, Serilingampally, Hyderabad, Ranga Reddy District Telangana - 500032
67162222
Suraksha Diagnostic Ltd. IPO Lead Manager(s)
Nuvama Wealth Management Ltd.
801 - 804, Wing A, Building No 3, Inspire BKC, G Block, Bandra Kurla Complex, Bandra East, Mumbai Maharashtra - 400051
40094400

FAQs

When does Suraksha Diagnostic Ltd. IPO opens and closes?

Suraksha Diagnostic Ltd. IPO opens from 29th November to 3rd December 2024.

What is the size of Suraksha Diagnostic Ltd. IPO?

The size of the Suraksha Diagnostic Ltd. IPO is ₹846.25 Cr.

What is the price range of Suraksha Diagnostic Ltd. IPO?

The price range of Suraksha Diagnostic Ltd. IPO is at ₹420 to ₹441 per share.

What is the minimum investment and lot size required for the Suraksha Diagnostic Ltd. IPO?

The minimum investment required is ₹14,994 and minimum lot size is 34 shares.

When is Suraksha Diagnostic Ltd. IPO listing date?

The Suraksha Diagnostic Ltd. IPO will be listed on 6th December 2024.

What is the objective of Suraksha Diagnostic Ltd. IPO?

1. Carry out the sale and transfer of up to 19,189,330 Equity Shares of face value ?2 each by the Selling Shareholders
2. Achieve the benefits of listing the Equity Shares on the Stock Exchanges

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

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