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Suraksha Diagnostic

Suraksha Diagnostic is a leading provider of clinical testing, diagnostic services, and medical consultations. As of March 31, 2024, the company operates through a robust network that includes a central reference laboratory, eight satellite laboratories, and 194 customer touchpoints. These touchpoints comprise 48 diagnostic centres and 146 primarily franchised sample collection centres, strategically located across West Bengal, Bihar, Assam, and Meghalaya. The central reference laboratory holds accreditation from the College of American Pathologists, ensuring adherence to the highest quality standards.

The company offers a comprehensive portfolio of over 2,300 tests. Its diagnostic offerings include 788 routine pathology tests, such as basic biochemistry and haematology, and 647 specialized tests, encompassing advanced biochemistry, histopathology, and molecular pathology. In the field of radiology, the test menu features 748 basic and intermediate services, including X-rays, ultrasonography (USG), and CT scans, as well as 104 advanced radiology tests, like MRI and specialized CT scans. The company is equipped with 24 CT machines and 13 MRI machines to support these services.

Between FY 2022 and FY 2024, Suraksha Diagnostic achieved a revenue growth rate of 20.87% CAGR. By the end of March 2024, 43 diagnostic centres included 120 polyclinic chambers, which hosted over 750 specialist doctors, offering patients a convenient healthcare experience. The organization also employed 1,522 permanent staff members as of the same date.

Suraksha Diagnostic IPO Details

Signature Global IPO Details
Suraksha Diagnostic IPO Dates
29 November – 3 December 2024
Suraksha Diagnostic Issue Price
INR 420 – 441 per share
Fresh issue
Nil
Offer For Sale
1,91,89,330 shares (INR 805.95 – 846.25 crore)
Total IPO Size
1,91,89,330 shares (INR 805.95 – 846.25 crore)
Minimum bid (size)
34 shares (INR 14,994)
Face Value
INR 2 per share
Retail Allocation
35%
Listing On
NSE, BSE

Suraksha Diagnostic Financial Performance

Signature Global Financial Performance

FY 2022

FY 2023

FY 2024

Q1 FY 2025

Revenue

223.19

190.13

218.71

60.73

Expenses

197.76

186.94

190.03

51.34

Net income

20.82

6.07

23.13

7.67

Margin (%)

9.33

3.19

10.58

12.63

Figures in INR Crore unless specified otherwise

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