Suraksha Diagnostic IPO Description – Suraksha Diagnostic is a provider of clinical testing, diagnostic solutions, and medical consultation services. The company has an established network comprising a central reference laboratory, eight satellite laboratories, and 194 customer touchpoints, including 48 diagnostic centres and 146 primarily franchised sample collection centres, spanning across West Bengal, Bihar, Assam, and Meghalaya as of 31 March 2024. The company’s central reference laboratory is accredited by the College of American Pathologists, ensuring high-quality standards.
Suraksha Diagnostic offers an extensive portfolio of over 2,300 tests. The company’s diagnostic test menu included 788 routine pathology tests such as basic biochemistry and haematology, along with 647 specialized tests, including advanced biochemistry, histopathology, and molecular pathology. The radiology offerings comprised 748 basic and intermediate tests like X-rays, ultrasonography (USG), and CT scans, alongside 104 advanced radiology tests, including MRI and specialized CT scans. The company was equipped with 24 CT machines and 13 MRI machines.
Between Fiscal Years 2022 and 2024, Suraksha Diagnostic achieved a compounded annual growth rate (CAGR) of 20.87% in revenue. As of 31 March 2024, 43 of its diagnostic centres featured 120 polyclinic chambers, hosting over 750 specialized doctors, enhancing convenience for patients. The company also employed 1,522 permanent staff as of the same date.
Promoters of Suraksha Diagnostic – Dr. Somnath Chatterjee, Ms. Ritu Mittal, and Mr. Satish Kumar Verma
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Suraksha Diagnostic IPO Details
| Suraksha Diagnostic IPO Dates | 29 November – 3 December 2024 |
| Suraksha Diagnostic Issue Price | INR 420 – 441 per share |
| Fresh issue | Nil |
| Offer For Sale | 1,91,89,330 shares (INR 805.95 – 846.25 crore) |
| Total IPO size | 1,91,89,330 shares (INR 805.95 – 846.25 crore) |
| Minimum bid (lot size) | 34 shares (INR 14,994) |
| Face Value | INR 2 per share |
| Retail Allocation | 35% |
| Listing On | NSE, BSE |
Suraksha Diagnostic Financial Performance
| Â | FY 2022 | FY 2023 | FY 2024 | Q1 FY 2025 |
| Revenue | 223.19 | 190.13 | 218.71 | 60.73 |
| Expenses | 197.76 | 186.94 | 190.03 | 51.34 |
| Net income | 20.82 | 6.07 | 23.13 | 7.67 |
| Margin (%) | 9.33 | 3.19 | 10.58 | 12.63 |
Suraksha Diagnostic Offer News
- Suraksha Diagnostic RHP
- Suraksha Diagnostic DRHP
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
Suraksha Diagnostic Valuations & Margins
| FY 2022 | FY 2023 | FY 2024 (Pre Issue) | FY 2024 (Post-Issue)* | |
| EPS | 3.91 | 1.22 | 4.43 | 4.43 |
| PE Ratio | – | – | 94.81 | 94.81 |
| FY 2022 | FY 2023 | FY 2024 | |
| RONW (%) | 15.38 | 4.32 | 14.09 |
| NAV | 27.36 | 29.25 | 33.66 |
| ROCE (%) | 23.11 | 9.05 | 21.46 |
| EBITDA (%) | 29.24 | 24.97 | 33.66 |
| Debt/Equity | 0.37 | 0.27 | 0.20 |
Suraksha Diagnostic IPO GMP Today (Daily Trend)
| Date | Day-wise IPO GMP | Kostak | Subject to Sauda |
| 5 December 2024 | 7 | – | 300 |
Suraksha Diagnostic – Comparison With Listed Peers
| Company | PE ratio | EPS | RONW (%) | NAV | Revenue (Cr.) |
| Suraksha Diagnostic | 94.81 | 4.43 | 14.09 | 33.66 | 222.60 |
| Dr. Lal PathLabs | 77.08 | 42.98 | 20.35 | 221.47 | 2,226.60 |
| Metropolis Healthcare | 89.61 | 24.87 | 12.26 | 213.98 | 1,207.71 |
| Thyrocare | 65.52 | 13.40 | 13.34 | 99.48 | 572.39 |
| Vijaya Diagnostic | 86.40 | 11.59 | 19.77 | 64.21 | 547.81 |
Suraksha Diagnostic IPO Allotment Status
Suraksha Diagnostic IPO allotment status is now available on the KFin Tech website. Click on this link to get allotment status.
Suraksha Diagnostic IPO Dates & Listing Performance
| IPO Opening Date | 29 November 2024 |
| IPO Closing Date | 3 December 2024 |
| Finalization of Basis of Allotment | 4 December 2024 |
| Initiation of refunds | 5 December 2024 |
| Transfer of shares to demat accounts | 5 December 2024 |
| Suraksha Diagnostic IPO Listing Date | 6 December 2024 |
| Opening Price on NSE | INR 438 per share (down 0.68%) |
| Closing Price on NSE | INR 417.25 per share (down 5.39%) |
Suraksha Diagnostic IPO Reviews – Subscribe or Avoid?
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Suraksha Diagnostic Offer Lead Manager
NUVAMA WEALTH MANAGEMENT LIMITED
801-804, Wing A, Building No 3, Inspire BKC,
G Block, Bandra Kurla Complex, Bandra East,
Mumbai – 400 051
Phone:Â +91 22 4009 4400
Email: [email protected]
Website: www.nuvama.com
Suraksha Diagnostic Offer Registrar
KFIN TECHNOLOGIES LIMITED
Selenium Tower – B, Plot 31 & 32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad – 500 032, Telangana
Tel:Â +91 40 6716 2222
E-mail:Â [email protected]
Website:Â www.kfintech.com
Suraksha Diagnostic Contact Details
SURAKSHA DIAGNOSTIC LIMITED
Plot No. DG-12/1, Action Area 1D, Premises No. 02-0327,
New Town, Rajarhat, Kolkata 700 156, West Bengal, India
Phone:Â +91 33 66059750
Email: [email protected]
Website: www.surakshanet.com
Suraksha Diagnostic IPO FAQs
How many shares in Suraksha Diagnostic IPO are reserved for HNIs and retail investors?
The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%.
How to apply for Suraksha Diagnostic Public Offer?
The best way to apply for Suraksha Diagnostic public offer is through Internet banking ASBA (know all about ASBA here). You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an offline IPO form and deposit the same to your broker.
What is Suraksha Diagnostic IPO GMP today?
Suraksha Diagnostic IPO GMP today is INR 7 per share.
What is Suraksha Diagnostic kostak rate today?
Suraksha Diagnostic kostak rate today is INR NA per application.
What is Suraksha Diagnostic Subject to Sauda rate today?
Suraksha Diagnostic Subject to Sauda rate today is INR 300 per application.
