Vijaya Diagnostic Centre Ltd. IPO

It is an integrated diagnostic chain in southern India, offering a one-stop solution for pathology and radiology testing service.

RHP
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DRHP
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Open Date

2021-09-01

Close Date

2021-09-03

IPO Details

Check out the issue details for Vijaya Diagnostic Centre Ltd. IPO as disclosed in SEBI.

IPO Price

₹ 531

Price Band

₹ 522 - 531

Issue Size

1895.04 Cr.

Issue Type

Book Built

Open

2021-09-01

Close

2021-09-03

Listingprice

₹ 540

ListingGain

1.69%

Listing Date

2021-09-14

CMP

₹ 655.1

Current Return

23.37%

Company Financials

You can get the following financial statements of Vijaya Diagnostic Centre Ltd. as of now.

Subscription Details

The details about the Vijaya Diagnostic IPO is as:

  • The issue size of the IPO is 1895.04 Cr.
  • The price band ranges from Rs 522 to Rs 531.
  • Employee discount of Rs 52.
  • The issue is to open on 1st September 2021.
  • The shares will list on 14th September 2021.
  • The shares of Vijaya Diagnostic IPO is subscribed 4.54 times in total.
  • The shares of Vijaya Diagnostic got listed at Rs 540 with a listing gain of 1.69%.

 

Vijaya Diagnostic Valuation

The valuation of Vijaya Diagnostic Centre IPO company based on its price band and RHP is: 

Particulars Value
Upper Price Band Rs 531
Existing Shares (Qty) 10.19 Cr
Market Cap 5410.89 Cr
EPS (FY21) Rs 8.26 
PE Ratio ~64.28x
Industry PE ~90.80x

 

Vijaya Diagnostic Issue Size

Vijaya Diagnostic Centre IPO issue size is 1895.04 Cr

Issue Amount
Fresh Issue 0 Cr
Offer For Sale  1895.04 Cr

 

Vijaya Diagnostic Market Lot

An Individual can apply for a minimum 1 lot of 28 shares and a maximum of 13 lots of 364 shares. Find the details below:

Application Lot Shares Amount
 Minimum  1 28 Rs 14,868
 Maximum 13 364 Rs 1,93,284

 

Vijaya Diagnostic Subscription

Vijaya Diagnostic IPO is subscribed 4.54 times till 3rd September. It is Oversubscribed as of now. The category-wise subscription is as follows:

Category % Offered Subscription
Qualified Institutional Maximum 50% 13.07 Times
Non-Institutional Minimum 15% 1.32 Times
Retail Individual Minimum 35% 1.09 Times
Employee upto 1.5 Lakh shares 0.98 Times
Total   4.54 Times

 

 

Allotment Details

Once you have subscribed to an IPO, you have to wait for its allotment to your account. Find below the dates of allotment of Vijaya Diagnostic Centre IPO:

Schedule Date
Basis of Allotment 8 September 2021
Refunds 9 September 2021
Credit to Demat Account 13 September 2021
IPO Listing Date 14 September 2021

 

When the allotment is out, you can check it from the registrar's website. Find the Vijaya Diagnostic Centre IPO allotment status here.

Check allotment status

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 279.08 328.65 367.32 450.88 449.58
Total Expenditure 187.25 196.2 204.02 251.02 270.61
Operating Profit 91.83 132.45 163.3 199.86 178.97
Other Income 8.64 11.79 10.83 12.92 14.57
Interest 4.36 14.82 14.81 16.26 20.88
Depreciation 25.69 47.67 49.73 52.14 61.39
Exceptional Items 0 0 0 0 0
Profit Before Tax 70.41 81.75 109.59 144.38 111.27
Provision for Tax 21.49 20.51 26.76 36.28 28.04
Net Profit 48.92 61.24 82.82 108.1 83.23
Adjusted EPS (Rs.) 0.48 0.6 0.81 1.06 0.82

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 6.94 4.53 4.53 10.2 10.21
Total Reserves 209.04 272.97 356.02 459.78 534.88
Borrowings 27.9 18.81 0 0 0
Other N/C liabilities 7.27 125.41 127.99 169.23 232.64
Current liabilities 41.14 52.11 38.81 63.35 64.64
Total Liabilities 292.28 473.83 527.35 702.56 842.37
Assets
Net Block 136.58 263.93 260.57 352.61 506.1
Capital WIP 2.71 9.26 8.18 34.1 27.11
Intangible WIP 0 0.37 1.24 0.07 0.63
Investments 4.16 4.87 4.87 4.87 4.87
Loans & Advances 4.57 9.75 9.73 32.79 19.99
Other N/C Assets 3.09 2.39 8.66 13.79 13.87
Current Assets 141.18 183.26 234.1 264.33 269.8
Total Assets 292.28 473.83 527.35 702.56 842.37
* Other Non-current Liabilities include Net deferred Liabilities

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Other Income 3.72 4.53 5.86 6.92 5.25
Profit Before Tax 21.68 35.54 35.04 43.79 33.84
Tax 5.52 8.62 9.04 10.94 8.59
Profit After Tax 16.16 26.92 26 32.85 25.25
Adjusted EPS (Rs) 1.58 2.64 2.55 3.21 2.47

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Dec 2023 54.87 0
Sep 2023 54.9 0
Jun 2023 54.98 0
Mar 2023 55.01 0
Dec 2022 55.01 0
* Figures given above are % of equity capital

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Profit from operations 70.41 81.75 109.59 144.38 111.27
Adjustment 23.94 50.69 52.55 55.97 67.58
Changes in Assets & Liabilities 1.01 -0.69 -3.13 -5.75 9.86
Tax Paid -18.81 -23.09 -31.17 -39.17 -26.07
Operating Cash Flow 76.56 108.66 127.84 155.42 162.64
Investing Cash Flow -91.04 -34.31 -128.82 -126.63 -108.48
Financing Cash Flow 7.83 -28.08 -48.19 -24.72 -41.26
Net Cash Flow -6.65 46.27 -49.17 4.08 12.9
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