Invicta Diagnostic Limited

01 Dec 2025 - 03 Dec 2025 Individual Category SME NSE

Min Investment

₹272000

Price Band

₹80-₹85

Issue Size

₹28.00 Cr

Lot Size

1600 (per lot)

IPO Dates
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01 Dec 2025

Open Date

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03 Dec 2025

Close Date

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04 Dec 2025

Allotment Date

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08 Dec 2025

Listing Date

Know Before Investing

Strengths icon

  • Integrated diagnostic service provider with both radiology and pathology offerings.
  • Operates a scalable hub-and-spoke model enabling efficiency and wider reach.
  • Experienced promoters with strong medical and industry backgrounds.
  • Growing network of diagnostic centres in high-demand urban regions.
  • Strong focus on technology, quality systems, and modern diagnostic equipment.

Weaknesses icon

  • Business heavily depends on promoters’ expertise and continued involvement.
  • High capital expenditure and equipment maintenance may impact profitability.
  • Industry faces intense competition from established diagnostic chains.
  • Regulatory changes in healthcare and diagnostics may affect operations.
  • Revenue concentration in limited geographical regions increases business risk.

About Invicta Diagnostic Limited

Invicta Diagnostic Limited is an integrated diagnostic services provider based in the Mumbai Metropolitan Region. The company was founded in 2021 and is promoted by Dr Ketan Jain and Dr Sanket Jain, experienced radiologists with deep industry expertise. Operating under the brand PC Diagnostics, the company offers comprehensive radiology and pathology services. Its network includes a flagship centre in Thane, multiple hub centres, spoke centres, and a centralised laboratory, delivering advanced tests such as MRI, CT, PET CT, X-ray, sonography, and a full suite of pathology services. Invicta follows a hub-and-spoke business model that enhances efficiency and ensures consistent, high-quality results. With a strong medical team, modern equipment, and a technology-driven workflow, the company focuses on accuracy, affordability, and customer convenience. Its growing footprint and rising revenues reflect its position as a reliable, service-oriented diagnostics brand.

IPO Objectives

1. Funding capital expenditure for purchase of medical equipment towards establishment of new diagnostic centres in Maharashtra; and

2. General corporate purposes.

Company Promoters

Badal Kailash Naredi

Jayesh Prakash Jain

Ketan Jayantilal Jain

Rohit Prakash Srivastava

Sanket Vinod Jain

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