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At 10:10 am, Vijaya Diagnostic shares had been buying and selling larger by 8.8 per cent on BSE
Vijaya Diagnostic Middle’s shares made a subdued debut on the bourses. The shares of the Kedaara Capital-backed diagnostic chain listed at Rs 542.30 on the BSE, a premium of two.13 per cent in comparison with the problem value 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 had been buying and selling at Rs 577, larger by 8.8 per cent, on the BSE and at Rs 576.25, up 8.5 per cent, on the BSE.
Vijaya Diagnostic Middle’s public subject was fully a proposal on the market of 35.69 million shares by present shareholders and promoters, together with Dr S Surenranath Reddy, Karakoram and Kedaara Capital Different Funding Fund – Kedaara Capital AIF I.
The general public supply was subscribed 4.54 instances. The certified institutional patrons section was subscribed 13.07 instances, the non-institutional traders was subscribed 1.32 instances and retail investor portion was subscribed 1.09 instances.
Vijaya Diagnostic Middle was promoted by Dr S Surendranath Reddy. It’s among the many largest built-in diagnostic chains in south India, providing pathology and radiology testing companies at 80 diagnostic facilities and 11 reference laboratories throughout 13 cities and cities in Telangana, Andhra Pradesh, NCR and Kolkata.
Edelweiss Monetary Companies, ICICI Securities and Kotak Mahindra Capital are the e-book operating lead managers to the general public subject, whereas KFintech is the registrar to the problem.
