New Delhi. Vijaya Diagnostic Center Ltd. (Vijaya Diagnostic) shares made a cold start in the stock market on Tuesday and its shares, issued at an issue price of Rs 531 at the opening of the IPO, were listed at a premium of just over two percent.
On BSE, the stock was listed at Rs 542.30, registering a gain of 2.12 per cent as compared to the issue price. Later it jumped 10.74 per cent to Rs 588.05. On the NSE, it was listed at Rs 540, up 1.69 per cent.
Price under IPO Rs 522-531
Earlier this month, 4.54 times more applications were received for the initial public offering of Vijaya Diagnostic Center (Vijaya Diagnostic IPO listing). The IPO of Rs 1,895 crore was an offer for sale of 3,56,88,064 equity shares in full. The price under the IPO was kept at Rs 522-531 per share.
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What is the business of the company?
Vijaya Diagnostic provides pathology and radiology testing services through its vast network. It has 80 diagnostic centers and 11 reference laboratories in Andhra Pradesh, Telangana, Kolkata and NCR. The company’s profit had increased to Rs 84.91 crore in the last financial year. Its total income also increased and it was Rs 388.59 crore.
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Check allotment through BSE website bseindia.com like this-
>> You have to go to the official website of BSE https://www.bseindia.com/investors/appli_check.aspx.
>> Select Equity option.
>> Select the Issue Name (Vijaya Diagnostic IPO).
>> Enter Application Number or PAN Number.
>> Click on search button.
>> You will see the share allotment status.
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