Invicta Diagnostic IPO Description – Incorporated in 2021, PC Diagnostics is an emerging diagnostic chain headquartered in the Mumbai Metropolitan Region (MMR), offering integrated pathology and radiology services. The company has established a robust network of 7 diagnostic centres and 1 centralised laboratory across MMR, following a hub-and-spoke model to ensure accessibility, efficiency, and consistency of test results.
The company has built a strong presence in MMR, providing a one-stop diagnostic solution that covers approximately 547 pathology tests and 226 radiology tests, including advanced modalities such as MRI, CT scans, and PET CT. Its operational strength is supported by a team of 4 laboratory doctors, 20 radiologists, and 133 technical staff.
Invicta Diagnostic’s consumer business remains the primary revenue driver, contributing over 86.74% of revenues in FY 2025. During FY 2025, PC Diagnostics conducted over 87,307 tests for more than 51,476 patients, achieving an average revenue per test of INR 1,941.12 and an average revenue per patient of INR 3,292.
Promoters of Invicta Diagnostic – Dr. Ketan Jayantilal Jain, Dr. Sanket Vinod Jain, Rohit Prakash Srivastava, Badal Kailash Naredi, and Jayesh Prakash Jain
Table of Contents
Invicta Diagnostic IPO Details
| Invicta Diagnostic IPO Dates | 1 – 3 December 2025 |
| Invicta Diagnostic Issue Price | INR 80 – 85 per share |
| Fresh Issue | 33,08,800 shares (INR 26.47 – 28.12 crore) |
| Offer For Sale | Nil |
| Total IPO Size | 33,08,800 shares (INR 26.47 – 28.12 crore) |
| Minimum Bid | 3,200 shares (INR 2,72,000) |
| Lot Size | 1,600 shares (INR 1,36,000) |
| Face Value | INR 10 per share |
| Individual Allocation | 35% |
| Listing On | NSE EMERGE |
Invicta Diagnostic Financial Performance
| FY 2024 | FY 2025 | H1 FY 2026 | |
| Revenue | 15.83 | 30.10 | 16.95 |
| Expenses | 10.78 | 23.62 | 11.65 |
| Net income | 3.81 | 4.93 | 4.08 |
Invicta Diagnostic Offer News
- Invicta Diagnostic RHP
- Invicta Diagnostic Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- Highest SME IPO Subscription in 2025
Invicta Diagnostic Valuations & Margins
| FY 2024 | FY 2025 | |
| EPS | 4.52 | 5.86 |
| PE ratio | – | 13.65 – 14.51 |
| RONW (%) | 43.90 | 36.25 |
| NAV | 10.30 | 16.15 |
| ROCE (%) | 56.04 | 42.00 |
| EBITDA (%) | 44.77 | 30.57 |
| Debt/Equity | 0.44 | 0.26 |
Invicta Diagnostic IPO GMP Today
| Date | Consolidated IPO GMP | Subject to Sauda |
| Coming soon | – | – |
Invicta Diagnostic IPO Subscription – Live Updates
| Category | QIB | NII | Individual | Total |
|---|---|---|---|---|
| Shares Offered | 5,34,400 | 5,42,400 | 12,67,200 | 23,44,000 |
| 3 Dec 2025 | 3.51 | 7.27 | 3.44 | 4.34 |
| 2 Dec 2025 | 1.55 | 1.04 | 0.78 | 1.02 |
| 1 Dec 2025 | 1.00 | 0.66 | 0.28 | 0.53 |
The market maker reservation portion of 1,66,400 shares and the anchor investor portion of 7,98,400 shares are not included in the above calculations.
Invicta Diagnostic IPO Allotment Status
Invicta Diagnostic IPO allotment status is now available on the Bigshare Services website. Click on this link to get the allotment status.
Invicta Diagnostic IPO Dates & Listing Performance
| IPO Opening Date | 1 December 2025 |
| IPO Closing Date | 3 December 2025 |
| Finalization of Basis of Allotment | 4 December 2025 |
| Initiation of refunds | 5 December 2025 |
| Transfer of shares to demat accounts | 5 December 2025 |
| IPO Listing Date | 8 December 2025 |
| Opening Price on NSE SME | Coming soon |
| Closing Price on NSE SME | Coming soon |
Invicta Diagnostic Offer Lead Manager
SOCRADAMUS CAPITAL PRIVATE LIMITED
Gala No. 303, Cama Industrial Estate,
Sun Mill Compound, Delisle Road, Lower
Parel (West), Mumbai – 400 013, Maharashtra
Phone: 022 – 4961 4235
Email: [email protected]
Website: www.socradamus.in
Invicta Diagnostic Offer Registrar
BIGSHARE SERVICES PRIVATE LIMITED
Office No. S6-2, 6th Floor, Pinnacle Business Park,
next to Ahura Centre, Mahakali Caves Road,
Andheri East, Mumbai – 400 093, Maharashtra
Tel: 022 – 6263 8200
E-mail: [email protected]
Website: www.bigshareonline.com
Invicta Diagnostic Contact Details
INVICTA DIAGNOSTIC LIMITED
Office No. 1012, 10th Floor, Hubtown Viva CHS Ltd,
Western Express Highway, Mogra Village, Near Shankar Wadi,
Jogeshwari East, Mumbai – 400 060, Maharashtra
Phone: 022 – 4971 0036
E-mail: [email protected]
Website: www.pcdiagnostics.in
IPO FAQs
What is the Invicta Diagnostic offer size?
Invicta Diagnostic offer size is INR 26.47 – 28.12 crores.
What is the Invicta Diagnostic offer price band?
Invicta Diagnostic public offer price is INR 80 – 85 per share.
What is the lot size of the Invicta Diagnostic IPO?
Invicta Diagnostic offer lot size is 1,600 shares.
What is the Invicta Diagnostic IPO GMP today?
Invicta Diagnostic IPO GMP today is INR NA per share.
What is the Invicta Diagnostic IPO Subject to Sauda rate today?
Invicta Diagnostic Subject to Sauda rate today is INR NA per application.