Vijaya Diagnostic IPO GMP Today (Grey Market Premium), Share Price, Dates, Review (Opens on 1st Sept)

The upcoming IPO of September 2021 is here in Vijaya Diagnostic Centre Limited IPO worth Rs 1,895.04 Crores. Check latest updates on its GMP Today (Grey Market Premium), Share Price, Dates, Review, and more.

by FighterMan Updated: 08 Sep, 2021, 23:23 IST
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After the 7% premium listing of Krsnaa Diagnostics IPO, yet another IPO is geared up (Opens on 1st Sept) from this health sector. It's the South India based Vijaya Diagnostic Centre Limited IPO of Rs 1,895.04 Crores. However, considering the poor listing of previous 4 IPOs, analysts and investors are concerned about this one. This IPO is a completely offer-for-sale issue of 35,688,064 equity shares of Rs 1 each(face value). Its peers include Dr Lal Path Labs, Metropolis Healthcare, and Krsnaa Diagnostics among others. Get to know the Vijaya Diagnostic IPO GMP Today (Grey Market Premium), Share Price, Dates, Review, and more.

vijaya diagnostic ipo
Vijaya Diagnostic IPO Dates

The Vijaya Diagnostic IPO will open for subscription on 1st Sept 2021 and close on 3rd Sept 2021. Check all the Vijaya Diagnostic IPO Dates (tentative dates).

Vijaya Diagnostic IPO Opening Date

1st September

Vijaya IPO Closing Date

3rd September

Refunds Date

9th September

Vijaya Diagnostic IPO Allotment Date

8th September

Shares into Demat on

13th September

Vijaya Diagnostic IPO Listing Date

14th September

Vijaya Diagnostic IPO Share Price

The Vijaya Diagnostic IPO Share Price is Rs 522-531 per equity share. The Vijaya Diagnostic IPO face value is Rs 1 per equity share.

Vijaya Diagnostic IPO Lot Size

The Vijaya Diagnostic IPO Lot Size is 28 shares with a max of 13 lots of 364 shares. The min investment amount is Rs 14,868 and max is Rs 1,93,284. You can Start Investing for Free with Zerodha.

Vijaya Diagnostic IPO GMP Today (Grey Market Premium)

The grey market activity for Vijaya Diagnostic IPO has now started. Check this space for latest Vijaya Diagnostic IPO GMP Today (Grey Market Premium).

Date & Time GMP (Grey Market Premium)
31st August | 11:52 Rs 16
30th August | 14:41 Rs 15
27th August | 10:49 Rs 32
26th August | 9:36 Rs 35

Vijaya Diagnostic IPO Review | Vijaya Diagnostic IPO Buy or Not | A2Z Details [Video]
Vijaya Diagnostic IPO Size

The Vijaya Diagnostic IPO Size is Rs 1,895.04 Crores for 3,56,88,064 equity shares as offer-for-sale.

Check Vijaya Diagnostic IPO Allotment Status

KFintech Private Limited is the official registrar so you can Check Vijaya Diagnostic IPO Allotment Status on its official website on 8th Sept 2021.

Vijaya Diagnostic IPO Details

The Vijaya Diagnostic IPO Details reveal that 35% shares will be for retail investors, 50% for QIB, and 15% for NII investors. Allotment to anchor investors will be done on 31st Aug 2021.

What is this Company Into? (Work Profile)

Vijaya Diagnostic Centre Limited is into cardiology, neurology, gastroenterology, radiology & imaging, and laboratory services since 1981. It also provides various types of health checkups along with Covid-19 tests.

The company claims that it is India’s largest comprehensive diagnostic network company. It has more than 80 state-of-the-art centers spread across 13 cities in Telangana, Andhra Pradesh, NCR and Kolkata. Moreover, it has 2200+ health professionals which includes some of India’s top radiologists and pathologists.

Company Financials

As of March 2021, Vijaya Diagnostic Centre Limited Company had a bank balance of Rs 200.11 crores. Besides, its outstanding debt was Rs 4.47 crores only. Its total assets value jumped from 406 cr in Mar’19 to 540 cr in Mar’21. Moreover, its profits (after tax) boosted to 85 cr from 46 cr in 2019. However, the revenue number was up by a mere 88 cr.

Check Vijaya Diagnostic IPO Subscription Status

We will update the Vijaya Diagnostic IPO live Subscription Status day-wise here so check this space on 1st Sept 2021.

Vijaya Diagnostic Centre IPO Review : Will this Upcoming IPO of September 2021 make you Money?

As and when a new IPO comes, hopes of making money get high, but considering some previous loose IPOs, concerns may arise. Well, the Vijaya Diagnostic Centre IPO is here with strong financials, a well experienced team, and great future prospects. So, will this upcoming IPO of September 2021 make you money? Let’s find out.

Pros:

  • India’s largest comprehensive diagnostic network
  • India’s top radiologists and pathologists work here
  • Rising financials from the past 3 years
  • 40-yr old company
  • Always in-demand health sector
  • Low in Debt

Cons:

  • High Presence only in South India region so lacks presence in other parts of the country
  • Scalability is a concern

We’ll have to see how the grey market and anchor investors take part in this IPO to find out whether it will be beneficial or not for listing gains so stay tuned. Besides, you can be hopeful for long-term investment in this experienced health company.

Disclaimer: We are not SEBI registered. The information provided herein is for education purposes only. We will not be responsible for any of your profit/loss with this channel's suggestions. Consult your financial advisor before making any decisions.

5 Comments  |  
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Deal Subedar Deal Subedar

Name starts with “Vijay” – I am not going to apply stuck_out_tongue_winking_eye

Hunk Hunk

Arey. You guys have started doing youtube videos on IPOs. Nice. I did not know that. Give my regards to the anchor and the team behind it. 🙂

Deal Cadet Deal Cadet

FYI 2nd day subscription status is just 0.47 times only. Poor response. I believe AMI Organics is better than this
Category Subscription Status
Qualified Institutional 0.32 Times
Non Institutional 0.05 Times
Retail Individual 0.74 Times
Employee 0.52 Times
Others [.] Times
Total 0.47 Times

Deal Captain Deal Captain
jaiy12 wrote:

Content has been removed!

Referral links are not allowed here hushed
Don’t know how this comment went under moderation?
If it did how was it released from the same? hushed
@Mayavi

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