Vijaya Diagnostic IPO: The public offerwill be an offer for sale of 35,688,064 equity shares by promoters, i.e. Dr S Surendranath Reddy and investors Karakoram, and Kedaara Capital Alternative Investment Fund
Vijaya Diagnostic files for IPO with SEBI
June 07, 2021
The company plans to make “Offer of Sale” of up to 3.57 crore equity shares
Vijaya Diagnostic Centre Ltd, a leading integrated diagnostic chain in southern India, has filed its Draft Red Hearing Prospectus with Securities and Exchange Board of India (SEBI).
Through the initial public issue, according to sources, the company aims to list the equity shares on the stock exchanges and make “Offer of Sale” of up to 3.57 crore (3,56,88,064) equity shares by the selling shareholders.
The ‘Offer for Sale’ comprises up to 0.51 crore (50,98,296) equity shares by Dr. S Surendranath Reddy (Promoter Selling Shareholder), up to 2.95 crore (2,94,87,290) equity shares by Karakoram Ltd and up to 0.11 crore (11,02,478) equity shares by Kedaara Capital Alternative Investment Fund- Kedaara Capital AIF 1.