INSUBCONTINENT EXCLUSIVE:
At 10:10 am, Vijaya Diagnostic shares were trading higher by 8.8 per cent on BSEVijaya Diagnostic Center's shares made a subdued debut on
The shares of the Kedaara Capital-backed diagnostic chain listed at Rs 542.30 on the BSE, a premium of 2.13 per cent compared to the issue
price of Rs 531 per share
On the NSE, the shares opened at Rs 540, a premium of 1.69 per cent
At 10:10 am, Vijaya Diagnostic shares were trading at Rs 577, higher by 8.8 per cent, on the BSE and at Rs 576.25, up 8.5 per cent, on the
BSE.Vijaya Diagnostic Center's public issue 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 public offer was
The qualified institutional buyers segment was subscribed 13.07 times, the non-institutional investors was subscribed 1.32 times and retail
investor portion was subscribed 1.09 times.Vijaya Diagnostic Center was promoted by Dr S Surendranath Reddy
It is among the largest integrated diagnostic chains in south India, offering 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
