Suraksha Diagnostics Limited's IPO has opened today. Investors can bid for the issue till December 3. The company's shares will be listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) on December 6.
The company intends to raise ₹846.25 crore through this issue. For this, existing investors of the company will sell 19,189,330 shares worth ₹846.25 crore through Offer for Sale i.e. OFS. Security Diagnostics will not issue any new shares for this issue.
IPO opening on 29 November Share listing on 6 December
| IPO opening | 29 November |
| IPO Closing | December 3 |
| Share Allotment | 4 December |
| Refund | 5 December |
| Share credit in demat account | 5 December |
| Listing in share market | 6 December |
If you too are thinking of investing money in it, we are telling you how much you can invest in it…
What is the minimum and maximum amount that can be invested? Suraksha Diagnostics Ltd has set an IPO price band of ₹420-₹441. Retail investors can bid for a minimum of one lot i.e. 34 shares. If you apply for 1 lot as per IPO upper price band of ₹441, you have to invest ₹14,994.
While retail investors can apply for a maximum of 13 lots i.e. 442 shares. For this, investors have to invest ₹194,922 as per the upper price band.
35% of the issue reserved for retail investors The company has reserved 50% of the issue for Qualified Institutional Buyers (QIB). Apart from this, around 35% shares are reserved for retail investors and the remaining 15% shares are reserved for non-institutional investors (NIIs).
Security Diagnostics provides radiology testing and medical consultancy services Suraksha Diagnostic Limited, established in 2005, provides radiology testing and medical consultancy services. Suraksha Diagnostics provides online and offline doctor consultancy services to its customers through 44 diagnostic centers, 120 polyclinics with more than 750 doctors.
Image Credit: (Divya-Bhaskar): Images/graphics belong to (Divya-Bhaskar).
