April 1, 2024
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Suraksha Diagnostic eyes $100 million IPO
Suraksha Diagnostic Pvt Ltd, a West Bengal-based diagnostic chain, has started work on its IPO, which will see the company raise around Rs 800 crore.
The diagnostic chain’s private equity investor, OrbiMed, is likely to sell a large part of its stake through the IPO. Incorporated in 2005, the company is promoted by Kishan Kejriwal and Dr Somnath Chatterjee. It provides diagnostic services in pathology, cardiology, gastroenterology, neurology and imaging. The diagnostic chain predominantly operates in West Bengal, with over 40 centres in the state, along with one centre each in Patna and Guwahati.
