INSUBCONTINENT EXCLUSIVE:
Vijaya Diagnostic: The shares were sold in the price band of Rs 522-531 a share.Vijaya Diagnostic Center's initial public offering (IPO)
will list on the bourses tomorrow i.e
The Kedaara Capital-backed diagnostic chain's was entirely an offer for sale of 35.69 million shares by existing shareholders and
promoters, including Dr S Surenranath Reddy, Karakoram and Kedaara Capital Alternative Investment Fund - Kedaara Capital AIF I
The shares were sold in the price band of Rs 522-531 a share.Vijaya Diagnostic Center will not receive any IPO proceeds as the primary
market issue was purely an offer for sale.Promoted by Dr S Surendranath Reddy, Vijaya Diagnostic Center is among the largest integrated
diagnostic chains in south India
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 Kolkata.Edelweiss Financial Services, ICICI Securities and Kotak Mahindra Capital are the book running
lead managers to the public issue, whereas KFintech is the registrar to the issue.
