Suraksha Diagnostic plans to launch an IPO, aiming to raise Rs 846 crore and list on December 6.

Kolkata-based Suraksha Diagnostic, a leading diagnostic chain in eastern India, plans to launch its Rs 846-crore IPO on November 29. The IPO involves the sale of 19,189,330 shares without a fresh issue, priced between Rs 420 and Rs 441. Shares are allocated to qualified institutional buyers (50%), retail investors (35%), and non-institutional investors (15%). The company, with operations in West Bengal, Bihar, Assam, and Meghalaya, reported a revenue of Rs 219 crore in FY24 and aims to list on BSE and NSE on December 6.

November 25, 2024
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