Friday July 11, 2025
The News Strike
24NewsHour
The News Equity The News Equity
  • Home
  • Business
  • News Update
    • News Vior
  • Education
  • Technology
  • Sports
    • Entertainment
  • Health
    • Privacy Policy
  • About
The News Equity

Breaking News

Cleartax introduces India’s First Multilingual AI for Income Tax Filing

ALLIED ENGINEERING WORKS LIMITED FILES DRHP WITH SEBI

  1. Home
  2. Business
  3. AGILUS DIAGNOSTICS LIMITED FILES DRHP WITH SEBI
 AGILUS DIAGNOSTICS LIMITED FILES DRHP WITH SEBI
Business

AGILUS DIAGNOSTICS LIMITED FILES DRHP WITH SEBI

by Ankur Sharma October 4, 2023 0 Comment

Diagnostic service provider Agilus Diagnostics Limited (“The Company”), files its Draft Red Herring Prospectus (“DRHP”) with market regulator Securities and Exchange Board of India (“SEBI”).

The Company plans to raise funds through initial public offerings (“IPO”) of Equity Shares (face value ₹ 10 each). The total offer comprises of offer for sale up to 14,233,964 Equity Share by Selling Shareholders. (“The Offer”)

The Company is the largest diagnostics service provider in terms of number of laboratories and the second largest in terms of revenue from operations in India as of and for the financial year ended March 31, 2023 (Source: CRISIL Report)

The Offer for Sale by selling shareholders included up to 2,985,075 Equity Shares by International Finance Corporation l, up to 7,462,700 Equity Shares by NYLIM Jacob Ballas India Fund III LLC and up to 3,786,189 Equity Shares by Resurgence PE Investments Limited.  (The “Offer for Sale”).

The Equity Shares that will be offered through the Red Herring Prospectus are proposed to be listed on the BSE Limited (“BSE”) and National Stock Exchange of India Limited (“NSE”).

ICICI Securities Limited, Axis Capital Limited & Citigroup Global Markets India Private Limited are the Book Running Lead Managers to the issue.

The Company offers diagnostics testing services (routine and specialized tests), wellness and preventive care packages, hospital laboratory management services and clinical research trial testing services. As of March 31, 2023, we had a network of 413 laboratories out of which 43 laboratories were accredited by National Accreditation Board for Testing and Calibration Laboratories (“NABL”), which according to the CRISIL Report, is the largest network of NABL accredited laboratories in India, as of March 31, 2023..

Previous post
Next post

Ankur Sharma (Website)

administrator

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

CATEGORIES

  • Business
  • Education
  • Entertainment
  • Health
  • News Update
  • Politics
  • Sports
  • Technology
  • TNE
The News Equity The News Equity

Get The Post

Business
News Update
Education
Technology
Sports

Other Links

Entertainment
Law
Health

Quick Links

About Us
The News Strike
24 News Hour

Follow Us

Subscribe

© Copyright 2025. All rights reserved.