The expansion will be funded from the Net Proceeds of its upcoming IPO, with a proposed utilisation of Rs 21.11 crore towards capital expenditure for the purchase of medical equipment
Invicta Diagnostic, which operates diagnostic centres under the brand PC Diagnostics, plans to establish five new diagnostic centres in Maharashtra under its hub-and-spoke model. The expansion will be funded from the Net Proceeds of its upcoming IPO, with a proposed utilisation of Rs 21.11 crore towards capital expenditure for the purchase of medical equipment. The company plans to raise approximately Rs 28 crore from the offer.
The new hub centres will be located in Kalyan, Vasai-Virar region, Malad-Kandivali and Akola, strengthening Invicta’s coverage and enhancing accessibility to quality diagnostic services. The company’s Board of Directors, by way of its resolution dated June 28, 2025, has approved the proposal and capital expenditure requirements for setting up these new facilities during Fiscal 2026 and Fiscal 2027.
To support its growth trajectory, Invicta has received in-principle approval for its IPO from NSE Emerge after filing its DRHP in July 2025. The company is now in the process of submitting the RHP with updated information, with its listing on the platform expected shortly. The offer comprises a fresh issuance of 33,08,800 equity shares of face value Rs 10 each, through the book-building route. Socradamus Capital is the Book Running Lead Manager, while Bigshare Services is the Registrar to the Offer.
