India: Kedaara Capital-backed Vijaya Diagnostic files IPO papers

India: Kedaara Capital-backed Vijaya Diagnostic files IPO papers

Photo by National Cancer Institute on Unsplash

Homegrown private equity firm Kedaara Capital-backed diagnostic chain Vijaya Diagnostic Centre Ltd has filed the draft red herring prospectus for its initial public offering (IPO), in a move to give the private equity investor a partial exit from its five-year-old investment.