Suraksha Diagnostic Limited IPO

Suraksha Diagnostic Limited IPO: ₹846.25 Cr offer for sale of 1.92 Cr shares to enhance brand visibility, improve image, and establish a public market through listing.

Important Details

Open Date : November 29, 2024 Close Date : December 3, 2024 Allotment Date: December 4, 2024 Listing Date: December 6, 2024

Important Details

IPO Price: INR 420-441 per share Lot Size:34 Shares Total Issue Size: INR 846.25 crores

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Fundamental Analysis

Suraksha Diagnostic IPO shows mixed performance: 1. Revenue declined, but equity and assets grew. 2. Lower profitability, EPS, and RoNW may concern investors.

Peer Comparison

1. Suraksha Diagnostic and competitors (Dr. Lal PathLabs, Metropolis, Thyrocare, Vijaya Diagnostic) differ in market positions. 2. Variations in share prices, return ratios, and valuations reflect financial health and growth.

Objective

Suraksha Diagnostic Limited aims to boost visibility, brand image, and create a public market via equity listing.

Risks And Challenges

Suraksha Diagnostic IPO Risks: 1. Risk of non-compliance with promoter group companies. 2. Competitive market share in East India. 3. 6.52% revenue dependence on B2B segment.