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Suraksha Diagnostic IPO

Live Updates, GMP, Subscription Data, and Financial Details

IPO Overview

Listed
Dates Nov 29 to Dec 03 2024
Price Band ₹420 - 441
Current GMP ₹438 (-0.68%)
Subscription 1.27 times

IPO Details

IPO Date
November 29, 2024 to December 3, 2024
Listing Date
Friday, December 6, 2024
Face Value
₹2 per share
Price Band
₹420 to ₹441 per share
Lot Size
34 Shares
Total Issue Size
19,189,330 shares (aggregating up to ₹846.25 Cr)
Offer for Sale
19,189,330 shares of ₹2 (aggregating up to ₹846.25 Cr)
Issue Type
Book Built Issue IPO
Listing At
BSE, NSE
Share holding pre issue
52,080,758
Share holding post issue
52,080,758

IPO Subscription Details

Anchor Investors
1
Qualified Institutions
1.74
Non-Institutional Buyers
1.40
bNII (bids above ₹10L)
1.53
sNII (bids below ₹10L)
1.16
Retail Investors
0.94
Total **
1.27

Day Wise Sub

DayDay 1 Nov 29, 2024
QIB0.00
NII0.04
Retail0.20
Total0.11
DayDay 2 Dec 2, 2024
QIB0.00
NII0.13
Retail0.45
Total0.25
DayDay 3 Dec 3, 2024
QIB1.74
NII1.40
Retail0.94
Total1.27

Day Wise GMP

Date06-12-2024
Price441.00
GMP13(2.95%)
Estimate List Price454
Date05-12-2024
Price441.00
GMP13(2.95%)
Estimate List Price454
Date04-12-2024
Price441.00
GMP11(2.49%)
Estimate List Price452
Date03-12-2024
Price441.00
GMP2(0.45%)
Estimate List Price443
Date02-12-2024
Price441.00
GMP0(0%)
Estimate List Price441
Date01-12-2024
Price441.00
GMP0(0%)
Estimate List Price441
Date30-11-2024
Price441.00
GMP0(0%)
Estimate List Price441
Date29-11-2024
Price441.00
GMP0(0%)
Estimate List Price441
Date28-11-2024
Price441.00
GMP0(0%)
Estimate List Price441
Date27-11-2024
Price441.00
GMP0(0%)
Estimate List Price441
Date26-11-2024
Price441.00
GMP0(0%)
Estimate List Price441
Date25-11-2024
Price
GMP0(0%)
Estimate List Price(0%)

IPO Important Dates

IPO Open Date
Friday, November 29, 2024
IPO Close Date
Tuesday, December 3, 2024
Basis of Allotment
Wednesday, December 4, 2024
Initiation of Refunds
Thursday, December 5, 2024
Credit of Shares to Demat
Thursday, December 5, 2024
Listing Date
Friday, December 6, 2024
Cut-off time for UPI mandate confirmation
5 PM on December 3, 2024

IPO Lot Size

ApplicationRetail (Min)
Lots1
Shares34
Amount₹14,994
ApplicationRetail (Max)
Lots13
Shares442
Amount₹194,922
ApplicationS-HNI (Min)
Lots14
Shares476
Amount₹209,916
ApplicationS-HNI (Max)
Lots66
Shares2,244
Amount₹989,604
ApplicationB-HNI (Min)
Lots67
Shares2,278
Amount₹1,004,598

Financial Information

Period EndedPeriod Ended
30 Jun 202430 Jun 2024
31 Mar 202431 Mar 2024
31 Mar 202331 Mar 2023
Period EndedAssets
30 Jun 2024314.20
31 Mar 2024300.21
31 Mar 2023281.20
Period EndedRevenue
30 Jun 202461.85
31 Mar 2024222.26
31 Mar 2023193.69
Period EndedProfit After Tax
30 Jun 20247.67
31 Mar 202423.13
31 Mar 20236.07
Period EndedNet Worth
30 Jun 2024187.05
31 Mar 2024179.41
31 Mar 2023155.93
Period EndedReserves and Surplus
30 Jun 2024176.80
31 Mar 2024170.88
31 Mar 2023147.40
Period EndedTotal Borrowing
30 Jun 20247.57
31 Mar 20248.64
31 Mar 202314.01

Key Performance Indicator

ROE
14.09%
ROCE
21.46%
Debt/Equity
0.2
RoNW
14.09%
P/BV
13.1
PAT Margin (%)
10.57
EPS (Rs)
4.44

IPO Reservation

Investor CategoryAnchor Investor Shares Offered
Shares Offered57,56,797 (30%)
Maximum AllotteesNA
Investor CategoryQIB Shares Offered
Shares Offered38,37,867 (20%)
Maximum AllotteesNA
Investor CategoryNII (HNI) Shares Offered
Shares Offered28,78,400 (15%)
Maximum Allottees
Investor CategorybNII > ₹10L
Shares Offered19,18,934 (10%)
Maximum Allottees4,031
Investor CategorysNII < ₹10L
Shares Offered9,59,466 (5%)
Maximum Allottees2,015
Investor CategoryRetail Shares Offered
Shares Offered67,16,266 (35%)
Maximum Allottees1,97,537
Investor CategoryTotal Shares Offered
Shares Offered1,91,89,330 (100%)
Maximum Allottees

Information about company

Incorporated in 2005, Suraksha Diagnostic Limited offers pathology, radiology testing and medical consultancy services. The company has a central reference laboratory with 8 satellite laboratories and 215 customer touchpoints, including 49 diagnostic centres and 166 sample collection centres as of June 30, 2024, across West Bengal, Bihar, Assam, and Meghalaya. The company offers its customers online and offline medical consultation services under one roof via 44 diagnostic centres, which house 120 polyclinics with more than 750 doctors. The operation of the diagnostic centres is supported by the technology platforms and systems that the company uses to streamline, such as its Laboratory Information Management System ("LIMS"), its fully integrated Radiology Information System ("RIS"), its Picture Archive Communication System ("PACS") and its Enterprise Resource Planning System ("ERP"). The company offers vaccination services and customized testing packages for disease prediction/early detection. The company uses digital pathology and artificial intelligence to generate blood tests. All radiology reporting is done through a digital platform that allows cases to be reported from all diagnostic centres, significantly reducing turnaround time. Competitive Strengths are: Well-positioned diagnostics chain to capture the large growth opportunities for organized diagnostics chains in the fragmented markets for diagnostic services in eastern and northeastern India. Integrated diagnostics provider offering pathology and radiology testing and medical consultancy services from a single source. Well-invested and technologically advanced clinical infrastructure. Commitment to quality driving high individual consumer business share and customer retention. Management team with relevant industry experience.

Objectives of IPO

The Company will not receive any proceeds from the Offer for sale and all proceeds will go to the Selling Shareholders.

Disclaimer

All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions. We are not a SEBI Registered analyst. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on Information published on this application. No financial information whatsoever published anywhere, within this application, should be considered as advice to buy or sell securities or invest in IPOs, or as a guide to doing so in any way whatsoever Please read all Tearms and conditions , and agree to use the App