The IPO of Suraksha Diagnostic Ltd is opening from 29th November. Investors will be able to place bids till December 3.
The company has fixed the price band of the IPO between Rs 420 to Rs 441. Whereas, the face value of the share is Rs 2.
Under this IPO of Rs 846.25 crore, the company will issue shares worth a total of 19,189,330. This IPO is a completely book build issue. The promoters will not sell any shares under the OFS.
There is 50% reservation for QIB category in the IPO. At the same time, 35% share has been reserved for retail investors. The remaining 15% is reserved for NII category.
The allotment of shares under Suraksha Diagnostic IPO will take place on Wednesday, December 4. Those who will not be allotted shares, the money will be returned to their accounts by December 5.
Shares will be credited to the demat account of successful investors on 5th December itself.
The shares of Suraksha Diagnostic Limited will be listed simultaneously on BSE-NSE on Friday, December 6.
According to Investograin, Suraksha Diagnostics shares are currently trading flat in the gray market. That means they are at zero premium from their upper price band.
Suraksha Diagnostic established in 2005. Apart from pathology and radiology tests, this company provides medical consultancy services.
