INSUBCONTINENT EXCLUSIVE:
Vijaya Diagnostic Center offers pathology and radiology testing services across 13 citiesVijaya Diagnostic Center's initial public
offering (IPO) will open on September 1
The Kedaara Capital-backed diagnostic chain's IPO will entirely be an offer for sale of 35.69 million shares by its existing shareholders
and promoters, including Dr S Surenranath Reddy, Karakoram and Kedaara Capital Alternative Investment Fund - Kedaara Capital AIF I
It offers pathology and radiology testing services at 80 diagnostic centers and 11 reference laboratories across 13 cities and towns in
Telangana, Andhra Pradesh, NCR and KolkataEdelweiss Financial Services, ICICI Securities and Kotak Mahindra Capital will be the book running
lead managers to the issue, whereas KFintech will be the registrar.Last week, Krsnaa Diagnostics made a decent debut on the bourses
The shares of the diagnostic chain were listed at a premium of 7.4 per cent at Rs 1,025 on the BSE.