Vijaya Diagnostic Centre Ltd Company Summary

Vijaya Diagnostic Centre Ltd Summary

Vijaya Diagnostic Centre Limited established in 1981, is a leading provider of diagnostic services in India. With a steadfast commitment to delivering high quality, comprehensive diagnostic solutions, Vijaya has grown into the largest integrated diagnostic chain in Southern India. Founded by Dr. S. Surendranath Reddy, the journey began to offer reliable and comprehensive diagnostic services under one roof. Today, Company operate a vast network of 145 diagnostic centres and 21 reference laboratories across 23 cities, including Telangana, Andhra Pradesh, Maharashtra, Karnataka, West Bengal and the National Capital Region.Their state-of-the-art facilities are equipped with the latest technology, to offer a wide range of pathology and radiology services. The team of highly skilled professionals, including 250+ doctors (radiologists and pathologists), 1,400+ technical staff and over 1,100+ support staff, work tirelessly to ensure the highest standards of accuracy and care. The Company provides Corporate Wellness solutions. These corporate wellness solutions include onsite and offsite health check-ups. Company has a corporate client base consisting of more than 400 multinational corporations operating in India. Corporate wellness solutions help ensure that a brands workforce is always at the peak of its health, thereby enhancing business productivity.The Company was incorporated as Vijaya Diagnostic Centre Private Limited on June 5, 2002 as a Private Limited Company, which got subsequently, converted to a Public Limited Company and the name of the Company was changed to Vijaya Diagnostic Centre Limited on 26 March, 2021.The company came out with an Rs 1895.04-crore public issue during the month of September 2021, comprised 35688064 equity shares of Re 1 each at a price of Rs 531 per share.The allotted shares were listed on the BSE Ltd and National Stock Exchange of India Ltd(NSE) on 14 September 2021.The Company became first independent diagnostic centre in Telangana to get Revolution ACT 50 slice CT from Wipro GE Healthcare Private Limited in 2021. It opened 15 centres in 2021-22. In 2023-24, Company acquired 100% equity stake in P H Diagnostic Centre Private Limited making it a wholly owned subsidiary of the Company effective from December 21, 2023. The acquisition of PH Diagnostic Centre Private Limited, Punes largest B2C-focused integrated diagnostic chain marked the entry into the Western India market to expand with a growth potential in 2024.