There’s always that one kid on the playground waiting to be picked. The one kid who’s actually pretty good at most things, just not popular by association.
That one kid in healthcare today is the largest (by number of labs) Indian diagnostics chain, Super Religare or SRL diagnostics. It’s getting ready for sale.
But it hasn’t been able to find value in the public market.
SRL was founded in 1995 as a faction of Ranbaxy Laboratories—founded in 1961 by two brothers, Ranbir Singh and Gurbax. Ranbaxy was bought by their cousin, then passed down over two generations until 2008, when the family found an exit in a deal valued at $4.6 billion.