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Suraksha Diagnostic Ltd.

Hospital & Healthcare Services

IPO Details
  • Issue Type Book building
  • Price range Rs.420-441
  • Market Lot 34
  • Total Equity Shares 13432533
  • Face Value Rs. 2
  • Listing Date Dec 06, 2024
IPO Timeline
Opening date Nov 29, 2024
Closing date Dec 03, 2024
Listing Date Dec 06, 2024

IPO Details

We are the largest full-service and integrated diagnostic chain headquartered in east India, by operating income as of Fiscal 2023. (Source: CRISIL Report). We also reported the highest compounded annual growth rate (“CAGR”) of 20.87% in terms of non-COVID revenues between Fiscals 2022 and 2024 among peers Agilus Diagnostics Limited, Dr. Lal Pathlabs Limited, Metropolis Healthcare Limited, Thyrocare Technologies Limited. (Source: CRISIL Report). We offer a one-stop integrated solution for pathology and radiology testing, and medical consultation services to our customers through our extensive operational network, consisting of our flagship central reference laboratory, 8 satellite laboratories (co-located with our diagnostic centers) and 194 customer touchpoints which include 48 diagnostic centres, and 146 sample collection centres (primarily franchised), as of March 31, 2024 across the states of West Bengal, Bihar, Assam, and Meghalaya. For details of our operational network, see “- Our Operational Network” on page 198. Our flagship central reference laboratory holds the College of American Pathologists accreditation. As of March 31, 2024, we are the only company providing diagnostic services and having a reference laboratory in East and North-East India to hold the College of American Pathologists accreditation. (Source: CRISIL Report). 3 of our laboratories hold National Accreditation Board for Testing and Calibration Laboratories (“NABL”) and 2 of our advanced diagnostic centres hold National Accreditation Board for Hospitals & Healthcare Providers (“NABH”) accreditations. As of March 31, 2024, 43 of our diagnostic centres also housed 120 polyclinic chambers hosting 750+ specialized doctors for patient convenience. During the Fiscal 2024, we conducted approximately 5.98 million tests serving approximately 1.14 million patients and derived 95.48% of our revenue from operations from our core geography, Kolkata and the rest of West Bengal.

Promoters

Prmoters Name

1. Somnath Chatterjee

2. Ritu Mittal

3. Satish Kumar Verma

Prmoters Holdings
  • Pre Share Capital: 31802034
  • Pre Promoter Holding: 61.07
  • Offer to Public: 13432533
  • Post Share Capital: 25405590
  • Post Promoter Holding: 48.78

Registrar

Registrar Name:Karvy Computershare Pvt Ltd
Phone: 91-040-67161500
Email: einward.ris@karvy.com
Website: www.karvy.com

Lead Managers

  • ICICI Securities Ltd
  • Nuvama Wealth Management Ltd.
  • SBI Capital Markets Ltd

Subscription Details

Field Description Field Value
Ipo Code 3021
Total Equity 13432533

Field Description Field Value
No of Shares Offered/Reserved For Qualified Institutional Buyers 3837867
No of Shares Bid For Qualified Institutional Buyers 6667332
Total No of Shares Bid For Qualified Institutional Buyers 1.74
No of Shares Offered/Reserved For Foreign Institutional Buyers 0
No of Shares Bid For Foreign Institutional Buyers 672622
Total No of Shares Bid For Foreign Institutional Buyers 0.00
No of Shares Offered/Reserved For Mutual Fund 0
No of Shares Bid For Mutual Fund 5040772
Total No of Shares Bid For Mutual Fund 0.00
No of Shares Offered/Reserved For Qualified Institutional Buyers - Others 0
No of Shares Bid For Qualified Institutional Buyers - Others 953938
Total No of Shares Bid For Qualified Institutional Buyers - Others 0.00

Field Description Field Value
No of Shares Offered/Reserved For Non-Institutional Buyers 2878400
No of Shares Bid For Non-Institutional Buyers 4045218
Total No of Shares Bid For Non-Institutional Buyers 1.41
No of Shares Offered/Reserved For Corporate 0
No of Shares Bid For Corporate 519384
Total No of Shares Bid For Corporate 0.00
No of Shares Offered/Reserved For Individuals 0
No of Shares Bid For Individuals 3391262
Total No of Shares Bid For Individuals 0.00
No of Shares Offered/Reserved For Individuals - Others 0
No of Shares Bid For Individual Others 134572
Total No of Shares Bid For Individual Others 0.00

Field Description Field Value
No of Shares Offered/Reserved For Retail Individual Investor 6716266
No of Shares Bid For Retail Individual Investor 6352730
Total No of Shares Bid For Retail Individual Investor 0.95
No of Shares Offered/Reserved For Retail Individual Investor - Cutoff 0
No of Shares Bid For Retail Individual Investor - Cutoff 5636928
Total No of Shares Bid For Retail Individual Investor - Cutoff 0.00
No of Shares Offered/Reserved For Retail Individual Investor 0
No of Shares Bid For Retail Individual Investor 715802
Total No of Shares Bid For Retail Individual Investor 0.00

Field Description Field Value
No of Shares Offered/Reserved For Employee 0
No of Shares Bid For Employee 0
Total No of Shares Bid For Employee 0.00
No of Shares Offered/Reserved Employee - Cutoff 0
No of Shares Bid For Employee - Cutoff 0
Total No of Shares Bid For Employee - Cutoff 0.00
Total No of Shares Bid Offered/Reserved For Employee 0
No of Shares Bid Offered/Reserved For Employee 0
Total No of Shares Bid For Employee 0.00

Field Description Field Value
No of Shares Offered/Reserved For All 13432533
No of Shares Bid For All 17065280
Total 1.27