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        <h1>Diagnostics firm files DRHP for IPO: fresh equity up to Rs 200 crore and 1.25 crore offer-for-sale shares</h1> A Goa-based diagnostics company has filed a draft red herring prospectus with the securities regulator for an initial public offering comprising a fresh issue of equity up to Rs 200 crore and an offer-for-sale of up to 1.25 crore shares by existing shareholders. The company discloses planned use of proceeds including ~Rs 99.3 crore for a new R&D facility and related offices, ~Rs 73.5 crore for plant and machinery at manufacturing units, and the remainder for general corporate purposes. The firm reported FY25 revenue of Rs 1,020 crore and PAT of Rs 138.5 crore, operates multiple manufacturing sites and a portable PCR diagnostics platform; book-running lead managers are appointed.

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