Archive · 1 Dec 2025
Invicta Diagnostic IPO Opens with 9% Subscription on Day 1
Invicta Diagnostic, a company that does medical tests, is offering shares to the public for the first time.
This is called an IPO.
The IPO started on December 1 and will close on December 3.
So far, only 9% of the shares have been bought by investors on the first day.
The price of each share is between ₹80 and ₹85.
The company wants to use the money raised to open new medical centers and for other business needs.
The shares will be officially listed on the stock exchange on December 8.
Invicta Diagnostic IPO opened for subscription on December 1, 2023, with a size of ₹28 crore.
The issue received 9% subscription on the first day, with retail investors and NIIs showing interest.
The IPO's grey market premium (GMP) is nil, indicating shares are trading at par with the upper price band.
Funds raised will be used for capital expenditure to establish five new diagnostic centers in Maharashtra and for general corporate purposes.
The minimum investment for retail investors is ₹2,72,000 for two lots of 1600 shares each.
- Who
- Invicta Diagnostic, a diagnostic services provider
- What
- Initial public offering (IPO) opened for subscription
- When
- December 1 to December 3, 2023
- Where
- NSE SME segment
- Why
- To raise funds for capital expenditure and general corporate purposes
- IPO Size
- ₹28 crore
- Price Band
- ₹80-85 per share
- Subscription Status (Day 1)
- 9%
- Retail Investor Quota
- 13%
- NII Portion
- 11%
- QIB Segment
- 0%
- GMP
- Nil
- Listing Date
- December 8
- Allotment Date
- December 4
- Minimum Investment (Retail)
- ₹2,72,000