Suraksha Diagnostic IPO

Everything You Need to Know

Company Overview

A leading diagnostics chain with a strong presence in Eastern and Northeastern India.

About the Company

Offers pathology and radiology service

Operates 43 diagnostic centers and over 215 touchpoint

Founded in 2005

IPO Details

Price Band: ₹420 – ₹441 per share

Face Value: ₹2 per share

Lot Size: 34 shares

Issue Type: Offer for Sale

Key Dates to Remember

Opening Date:  November 29, 2024

Allotment Date: December 4, 2024

Closing Date:  December 3, 2024

Listing Date:  December 6, 2024

Reservation

Retail Quota: 35%

QIB Quota: 50%

NII Quota: 15%

Financial Performance

Revenue: ₹222.26 crore

PAT Growth YoY: 281%

Profit After Tax: ₹23.13 crore

Why Invest in Suraksha Diagnostic?

Strong market position in Eastern India

Growing demand for healthcare services

Wide range of diagnostic tests (2,300+)

Risks to Consider

High dependency on Eastern India for revenue

Regulatory and operational challenges

Competition from larger diagnostic chains

Industry Outlook

The Indian diagnostics industry is projected to grow at a CAGR of 10-12%, driven by:

Expansion into Tier 2 and Tier 3 cities

Increased healthcare awareness

Rising demand for preventive care

Final Thoughts

Suraksha Diagnostic IPO offers investors a chance to enter the expanding healthcare diagnostics sector with a regional leader.

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