Suraksha Diagnostic shares have a modest market debut, opening at ₹438 on the NSE, reflecting a nearly 1% discount from its issue price. The stock shows a cautious start in the market, indicating mixed investor sentiment on Day 1.
Suraksha Diagnostic Limited IPO achieved a 1.27x subscription on Day 3, with notable interest from institutional investors. QIBs subscribed at 1.74x, while NIIs stood at 1.41x. Retail investors (RIIs) showed a more cautious response, subscribing at 0.95x, reflecting a mixed yet positive market sentiment.
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Suraksha Diagnostic Limited offers comprehensive pathology, radiology, and consultation services across West Bengal, Bihar, Assam, and Meghalaya. With a network of 13 hub centers, 36 spoke centers, and 166 sample collection points, the company provides 2,300+ diagnostic tests, vaccinations, and customized packages, using a hub-and-spoke model to enhance efficiency and accessibility.
The main objective of Suraksha Diagnostic Limited is to enhance visibility and brand image and create a public market through equity listing.
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