Business Standard

Vijaya Diagnostic IPO to open on Sept 1; price band set at Rs 522-531/share

The IPO is entirely an offer for sale of 35,688,064 equity shares by the promoter and investors

ipo
Premium

The three-day initial public offer (IPO) will open for subscription on September 1 and conclude on September 3

Press Trust of India
Healthcare chain Vijaya Diagnostic Centre on Thursday said it has fixed a price band of Rs 522-531 a share for its Rs 1,895-crore initial share-sale.

The three-day initial public offer (IPO) will open for subscription on September 1 and conclude on September 3, the company announced in a virtual press conference.

The IPO is entirely an offer for sale of 35,688,064 equity shares by the promoter Dr S Surendranath Reddy and investors — Karakoram Ltd and Kedaara Capital Alte­rnative Investment Fund-Kedaara Capital AIF I.

As a part of the offer for sale, Reddy will sell 50.98 lakh equity shares, Karakoram will offload 2.95

Disclaimer: No Business Standard Journalist was involved in creation of this content

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in