Bookbuilding IPO | ₹1,894 Cr | Listed at BSE, NSE | Wed, Sep 1, 2021 - Fri, Sep 3, 2021
Vijaya Diagnostic Centre IPO is a book build issue of ₹1,894.43 crores. The issue is entirely an offer for sale of 3.57 crore shares of ₹1,894.43 crore.
Vijaya Diagnostic Centre IPO bidding started from Sep 1, 2021 and ended on Sep 3, 2021. The allotment for Vijaya Diagnostic Centre IPO was finalized on Sep 8, 2021. The shares got listed on BSE, NSE on Sep 14, 2021.
Vijaya Diagnostic Centre IPO price band is set at ₹531 per share. The lot size for an application is 28. The minimum amount of investment required by an retail is ₹14,868 (28 shares) (based on upper price). The lot size investment for sNII is 14 lots (392 shares), amounting to ₹2,08,152, and for bNII, it is 68 lots (1,904 shares), amounting to ₹10,11,024.
The issue includes a reservation of up to 1,50,000 shares for employees offered at a discount of ₹52.00 to the issue price.
Edelweiss Financial Services Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue.
Refer to Vijaya Diagnostic Centre IPO RHP for detailed Information.
IPO Open
Wed, Sep 1, 2021
IPO Close
Fri, Sep 3, 2021
Issue Price
₹531 per share
Market Cap (Pre-IPO)
₹5,414.39 Cr
| IPO Date | 1 to 3 Sep, 2021 |
| Listed on | Tue, Sep 14, 2021 |
| Face Value | ₹1 per share |
| Price Band | ₹522 to ₹531 |
| Issue Price | ₹531 per share |
| Lot Size | 28 Shares |
| Sale Type | OFS only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Employee Discount | ₹52.00 |
| Total Issue Size | 3,56,88,064 shares (agg. up to ₹1,894 Cr) |
| Offer for Sale | 3,56,88,064 shares of ₹1 (agg. up to ₹1,894 Cr) |
| Share Holding Pre Issue | 10,19,65,926 shares |
| Share Holding Post Issue | 10,19,65,926 shares |
| BSE Script Code / NSE Symbol | 543350 / VIJAYA |
| ISIN | INE043W01024 |
Vijaya Diagnostic Centre IPO comprises a total issue size of 3,56,88,064 shares. The net offer to the public is 3,55,38,064 shares, after excluding 1,50,000 shares under a preferential allotment. Of the Net offer 1,77,69,031 (50.00%) are allocated to QIB, 53,30,710 (15.00%) allocated to NII 1,24,38,323 (35.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue | Max Allottees |
|---|---|---|---|---|
| QIB Shares Offered | 1,77,69,031 | 50.00% | 49.79% | NA |
| − Anchor Investor Shares Offered | 1,06,61,418 | 29.87% | NA | |
| − QIB (Ex. Anchor) Shares Offered | 71,07,613 | 19.92% | NA | |
| NII (HNI) Shares Offered | 53,30,710 | 15.00% | 14.94% | NA |
| Retail Shares Offered | 1,24,38,323 | 35.00% | 34.85% | 4,44,225 |
| Preferential Reservations | ||||
| Employee Shares Offered | 1,50,000 | 0.42% | NA | |
| Total Shares Offered | 3,56,88,064 | 100.00% | 100.00% | |
Investors can bid for a minimum of 28 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 28 | ₹14,868 |
| Retail (Max) | 13 | 364 | ₹1,93,284 |
| S-HNI (Min) | 14 | 392 | ₹2,08,152 |
| S-HNI (Max) | 67 | 1,876 | ₹9,96,156 |
| B-HNI (Min) | 68 | 1,904 | ₹10,11,024 |
Vijaya Diagnostic Centre IPO raises ₹566.12 crore from anchor investors. Vijaya Diagnostic Centre IPO Anchor bid date is August 31, 2021.
📝 Anchor Investors Letter (PDF)
| Bid Date | Tue, Aug 31, 2021 |
| Shares Offered | 1,06,61,418 |
| Anchor Portion (₹ Cr.) | 566.12 |
| Anchor lock-in period end date for 50% shares (30 Days) | Fri, Oct 8, 2021 |
| Anchor lock-in period end date for remaining shares (90 Days) | Tue, Dec 7, 2021 |
| Application Category | Maximum Bidding Limits | Bidding at Cut-off Price Allowed |
|---|---|---|
| Only RII | Up to Rs 2 Lakhs | Yes |
| Only sNII | Rs 2 Lakhs to Rs 10 Lakhs | No |
| Only bNII | Rs 10 Lakhs to NII Reservation Portion | No |
| Only employee | Yes | |
| Employee + RII/NII |
|
Yes for Employee and RII/NII |
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.
Competitive strengths:
| Period Ended |
|---|
| Amount in ₹ Crore |
The Vijaya Diagnostic IPO is subscribed 4.54 times on September 3, 2021 5:00:00 PM (Day 3). The public issue subscribed 1.09 times in the retail category, 13.07 times in the QIB category, and 1.32 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| QIB | 13.07 | 71,07,613 | 9,28,62,784 |
| NII | 1.32 | 53,30,710 | 70,59,864 |
| Retail | 1.09 | 1,24,38,323 | 1,35,74,624 |
| Employee | 0.98 | 1,50,000 | 1,46,748 |
| Total | 4.54 | 2,50,26,646 | 11,36,44,020 |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | BRLMs' fees and commissions (including underwriting commission, brokerage and selling commission) | 44.70 |
| 2 | Selling commission/processing fee for SCSBs and Bankers to the Offer and fee payable to the Sponsor Bank for Bids made by RIBs using UPI (2) | 3.42 |
| 3 | Brokerage and selling commission and bidding charges for Members of the Syndicate, Registered Brokers, RTAs and CDPs(3)(4) | 1.04 |
| 4 | Fees payable to the Registrar to the Offer | 0.05 |
| 5 | Fees payable to the other advisors to the Offer | 6.54 |
| 6 | Listing fees, SEBI filing fees, upload fees, the Stock Exchanges processing fees, book building software fees and other regulatory expenses | 5.97 |
| 7 | Printing and stationery | 1.45 |
| 8 | Advertising and marketing expenses | 7.78 |
| 9 | Fee payable to legal counsels | 6.34 |
| 10 | Miscellaneous | 5.26 |
| Price Details | BSE | NSE |
|---|---|---|
| Final Issue Price | ₹531.00 | ₹531.00 |
| Open | ₹542.30 | ₹540.00 |
| Low | ₹533.65 | ₹532.50 |
| High | ₹650.75 | ₹648.00 |
| Last Trade | ₹619.30 | ₹620.10 |
Vijaya Diagnostic Centre IPO is a main-board IPO of 3,56,88,064 equity shares of the face value of ₹1 aggregating up to ₹1,894 Crores. The issue is priced at ₹531 per share. The minimum order quantity is 28.
The IPO opens on Wed, Sep 1, 2021, and closes on Fri, Sep 3, 2021.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Vijaya Diagnostic Centre IPO using UPI as a payment gateway. Zerodha customers can apply in Vijaya Diagnostic Centre IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Vijaya Diagnostic Centre IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Vijaya Diagnostic Centre IPO opens on Wed, Sep 1, 2021 and closes on Fri, Sep 3, 2021.
Vijaya Diagnostic Centre IPO lot size is 28, and the minimum amount required for application is ₹14,868.
You can apply in Vijaya Diagnostic Centre IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Vijaya Diagnostic Centre IPO will be done on Wednesday, September 8, 2021, and the allotted shares will be credited to your demat account by Mon, Sep 13, 2021. Check the Vijaya Diagnostic Centre IPO allotment status.
The Vijaya Diagnostic Centre IPO listing date is on Tue, Sep 14, 2021.
