Vijaya Diagnostic IPO - Well Positioned To Leverage High Growth In Indian Diagnostics Industry: ICICI Direct
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ICICI Direct's IPO Report
Established in 1981 by Dr. S Surendranath Reddy, Vijaya Diagnostic Centre Ltd. is the largest integrated diagnostic chain in southern India, by operating revenues, and also one of the fastest-growing diagnostic chain by revenue for FY20 (source: Crisil Report).
The business was carried out under sole proprietorship. It was later taken over by the company in 2005.
Vijaya Diagnostic provides a one-stop solution for pathology and radiology testing services to customers through an extensive operational network, which consists of 81 diagnostic centres and 11 reference laboratories across 13 cities and towns in Telangana, Andhra Pradesh, the National Capital Region and Kolkata as on June 30, 2021.
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