Vijaya Diagnostic Center (VDC) is one of the largest diagnostic network in India. They have over 80 state-of-art-centers across the 13 cities. They have team of over 2200 professionals of top radiologists, pathologists and healthcare professionals. The company offers around 740 routine tests, 870 specialized pathology tests, 220 basic tests, and 320 advanced radiology tests. The company also offers a broad spectrum of customized health and wellness packages to its customers. As of March 31, 2021, all Vijaya Diagnostic Centre laboratories hold National Accreditation Board for Testing and Calibration Laboratories (NABL) accreditations, and three diagnostic centers hold Patient Safety & Quality of Care (NABH) accreditations.

They offer routine tests, pathology tests, basis tests and radiology tests for patients. They also have their customized health and wellness packages. They have their foot-fall over 63 Centers in Hyderabad, in addition to other branches in Sangareddy, Warangal, Hanmakonda, Karimnagar, Nizamabad, Kurnool, Nellore, Visakhapatnam, Kolkata and Gurgaon. During the year ended March 31, 2021, the company conducted approximately 6.20 Mn pathology tests and 0.89 Mn radiology tests for approximately 2.63 Mn customers.

Objects of the Issue:

The net proceed from the IPO will be utilized towards the following purposes;
• Achieve the benefits of share listing on the Stock Exchanges.
• To make an offer for sale (OFS) of 35,688,064 shares.

Company Financials:



Vijaya Diagnostic IPO Details



Vijaya Diagnostic IPO Tentative Timetable

The Vijaya Diagnostic IPO open date is Sep 1, 2021, and the close date is Sep 3, 2021. The issue may list on Sep 14, 2021.



Vijaya Diagnostic IPO Lot Size

The Vijaya Diagnostic IPO market lot size is 28 shares. A retail-individual investor can apply for up to 13 lots (364 shares or ₹193,284).

Vijaya Diagnostic IPO Promoter Holding

• Pre -Issue Share Holding - 59.78%
• Post -Issue Share Holding - 54.78%

How to apply for IPO?

1. ASBA - All you have to do is, know if your demat is with NSDL or CDSL. Make a note of your Demat ID/DP ID/BO ID - 16 digit number from your broker terminal. Once you have these 2 information, go ahead and apply from your internet banking. One advantage in this process is that, once you submit the application, process ends there and amount gets blocked. While in UPI, you need to get mandate from your bank and need to authorize on time. Many parties are involved in UPI process (Bank, broker, 3rd party UPI app provider etc) and there are chances of delayed UPI mandates. This is a recent process and will take time to settle. Till then, it is better to apply from net banking, but ensure you enter correct 16 digit DP ID.

List of banks that support ASBA. https://www.bsesme.com/static/getlis...x?expandable=0

2. UPI - Visit your broker terminal, select the IPO, enter UPI ID and other bid details to submit the application. Wait for mandate to arrive on UPI app. Approve the mandate to block the amount.

Refer to this video to apply for IPO using UPI at Zerodha.