Vijaya Diagnostic IPO GMP Today (Grey Market Premium), Share Price, Dates, Review (Opens on 1st Sept)

After the 7% premium listing of Krsnaa Diagnostics IPO, yet another IPO is geared up (Opens on 1st Sept) from this health sector. It's the South India based Vijaya Diagnostic Centre Limited IPO of Rs 1,895.04 Crores. However, considering the poor listing of previous 4 IPOs, analysts and investors are concerned about this one. This IPO is a completely offer-for-sale issue of 35,688,064 equity shares of Rs 1 each(face value). Its peers include Dr Lal Path Labs, Metropolis Healthcare, and Krsnaa Diagnostics among others. Get to know the Vijaya Diagnostic IPO GMP Today (Grey Market Premium), Share Price, Dates, Review, and more.

The Vijaya Diagnostic IPO will open for subscription on 1st Sept 2021 and close on 3rd Sept 2021. Check all the Vijaya Diagnostic IPO Dates (tentative dates).

The Vijaya Diagnostic IPO Share Price is Rs 522-531 per equity share. The Vijaya Diagnostic IPO face value is Rs 1 per equity share.

The Vijaya Diagnostic IPO Lot Size is 28 shares with a max of 13 lots of 364 shares. The min investment amount is Rs 14,868 and max is Rs 1,93,284. You can Start Investing for Free with Zerodha.

The grey market activity for Vijaya Diagnostic IPO has now started. Check this space for latest Vijaya Diagnostic IPO GMP Today (Grey Market Premium).

The Vijaya Diagnostic IPO Size is Rs 1,895.04 Crores for 3,56,88,064 equity shares as offer-for-sale.

KFintech Private Limited is the official registrar so you can Check Vijaya Diagnostic IPO Allotment Status on its official website on 8th Sept 2021.

The Vijaya Diagnostic IPO Details reveal that 35% shares will be for retail investors, 50% for QIB, and 15% for NII investors. Allotment to anchor investors will be done on 31st Aug 2021.

Vijaya Diagnostic Centre Limited is into cardiology, neurology, gastroenterology, radiology & imaging, and laboratory services since 1981. It also provides various types of health checkups along with Covid-19 tests.

The company claims that it is India’s largest comprehensive diagnostic network company. It has more than 80 state-of-the-art centers spread across 13 cities in Telangana, Andhra Pradesh, NCR and Kolkata. Moreover, it has 2200+ health professionals which includes some of India’s top radiologists and pathologists.

As of March 2021, Vijaya Diagnostic Centre Limited Company had a bank balance of Rs 200.11 crores. Besides, its outstanding debt was Rs 4.47 crores only. Its total assets value jumped from 406 cr in Mar’19 to 540 cr in Mar’21. Moreover, its profits (after tax) boosted to 85 cr from 46 cr in 2019. However, the revenue number was up by a mere 88 cr.

We will update the Vijaya Diagnostic IPO live Subscription Status day-wise here so check this space on 1st Sept 2021.

As and when a new IPO comes, hopes of making money get high, but considering some previous loose IPOs, concerns may arise. Well, the Vijaya Diagnostic Centre IPO is here with strong financials, a well experienced team, and great future prospects. So, will this upcoming IPO of September 2021 make you money? Let’s find out.

Pros:

• India’s largest comprehensive diagnostic network
• India’s top radiologists and pathologists work here
• Rising financials from the past 3 years
• 40-yr old company
• Always in-demand health sector
• Low in Debt

Cons:

• High Presence only in South India region so lacks presence in other parts of the country
• Scalability is a concern

We’ll have to see how the grey market and anchor investors take part in this IPO to find out whether it will be beneficial or not for listing gains so stay tuned. Besides, you can be hopeful for long-term investment in this experienced health company.

Disclaimer: We are not SEBI registered. The information provided herein is for education purposes only. We will not be responsible for any of your profit/loss with this channel's suggestions. Consult your financial advisor before making any decisions.