.Given that the concern is actually totally an OFS, the firm will definitely certainly not receive any profits plus all the funds are going to go to the selling shareholders (Picture: Shutterstock) 2 min read through Last Updated: Oct 07 2024|5:52 PM IST.Integrated diagnostic chain Suraksha Diagnostic Ltd has gotten Sebi's go ahead to raise funds with an initial public offering (IPO), an upgrade with the market places regulator revealed on Monday.The Kolkata-headquartered business's planned IPO features an Offer-for-Sale (OFS) of around 1.92 crore equity allotments through promoters as well as investor shareholders, without any new concern part, according to the Draft Diversionary Tactic Program (DRHP). Go here to connect with our team on WhatsApp.Under the OFS, marketers-- Somnath Chatterjee, Ritu Mittal, Satish Kumar Verma and real estate investors-- OrbiMed Asia II Mauritius Ltd, Munna Lal Kejriwal and Santosh Kumar Kejriwal will offload portions..The provider, which had filed preparatory IPO papers in July, obtained the regulator's monitoring on September 30, the upgrade presented.In Sebi's argot, getting its own observations indicates the regulatory authority's go on to float the public issue.According to the receipt papers, the firm will not obtain any type of profits and all the funds will certainly most likely to the marketing investors as the concern is entirely an OFS.Discussing the reason for going social, the business, in its own draft documents, specified that the directory is aimed at obtaining the benefit of listing equity portions on the stock market and also carrying out OFS for the marketing investors.Since the problem is actually completely an OFS, the business will certainly not get any type of profits and all the funds are going to go to the marketing investors.Suraksha Diagnostic delivers a one-stop integrated option for pathology and also radiology testing and medical consultation companies to its customers with its own comprehensive functional system, including a main central reference lab, 8 satellite laboratories and also 194 consumer touchpoints which include 48 diagnostic facilities, and also 146 example selection centers (predominantly franchised), across West Bengal, Bihar, Assam as well as Meghalaya as of March 31, 2024.During fiscal 2024, it performed about 5.98 thousand exams offering around 1.14 million individuals.ICICI Stocks Ltd, Nuvama Wide Range Monitoring Ltd and also SBI Resources Markets Ltd are actually the book-running top managers to the concern. The equity shares are suggested to become specified on BSE and NSE.( Only the headline and photo of this report might have been reworked due to the Business Standard staff the rest of the web content is auto-generated from a syndicated feed.) 1st Posted: Oct 07 2024|5:52 PM IST.