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IPO Chandan Healthcare Ltd

  • Price Range

    ₹151 - ₹159

  • Min. Quantity

    800

  • Closes on

    12 February 2025

  • Min. investment

    ₹1,27,200/800 Shares

Chandan Healthcare Ltd IPO Timeline

Chandan Healthcare Limited, established on September 03, 2003, specializes in operating state-of-the-art laboratories that offer comprehensive pathological investigations. The Company run a diagnostic network in North India with pathology and radiology testing services. Their services encompass biochemistry, hematology, histopathology, microbiology, and immunology. Additionally, it provide an extensive array of radiology services, including CT scans, X-rays, and MRIs.

EventDate
Chandan Healthcare Ltd IPO Opening Date10 February 2025
Chandan Healthcare Ltd IPO Closing Date 12 February 2025
Basis of Allotment13 February 2025
Initiation of Refunds14 February 2025
Credit of Shares to Demat14 February 2025
Chandan Healthcare Ltd IPO Listing Date17 February 2025

Chandan Healthcare Ltd IPO Details

Chandan Healthcare Ltd IPO Date10 February 2025 to 12 February 2025
Chandan Healthcare Ltd IPO Face Value10 per share
Chandan Healthcare Ltd IPO Price151 to ₹159 per share
Chandan Healthcare Ltd IPO Lot Size800
Issue SizeShares of ₹10 (aggregating up to ₹106.99 Cr)
Fresh IssueShares of ₹10 (aggregating up to ₹70.79 Cr)
Offer for SaleShares of ₹10 (aggregating up to ₹36.57 Cr)
Issue TypeBook Building - SME
Listing At NSE - SME
QIB Shares OfferedNot more than 12,33,440 of the Net Offer
Retail Shares OfferedNot less than 21,58,520 of the Net Offer
NII (HNI) Shares OfferedNot less than 9,25,080 of the Net Offer
Company PromotersAmaranita Holdings (India) Pvt, Amar Singh, Asmita Singh

Chandan Healthcare Ltd IPO Lot Size

The Chandan Healthcare Ltd IPO lot size is 800 shares. A retail-individual investor can apply for up to 1 lots (800 shares or ₹1,27,200).

Application LotsSharesAmount
Minimum1800₹1,27,200
Maximum1800₹1,27,200
  • Risks
  • Opportunities
  • Strong Geographical presence in Uttarakhand.
  • Integrated diagnostics provider with one-stop solution offering pathology and radiology testing, and medical consultation services.
  • Track record of profitability and consistent financial performance.
  • Dedicated management team with significant industry experience.

Company Financials

Chandan Healthcare Ltd Financial Information (Restated)

Period Ended Total AssetsTotal RevenueProfit After Tax
03-202495.49100.9816.02
03-202369.6875.924.04
03-202259.571.81-1.37
Amount in ₹ Crore

Objects of the Issue

The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:

  • Setting up of a new Flagship Diagnostice centre in
  • Setting up of a new central reference laboratory at
  • Setting up of a new central reference laboratory at
  • General corporate purposes

Chandan Healthcare Ltd IPO Promoter Holding

Pre Issue Share Holding29.22%
Post Issue Share Holding16.72%

Chandan Healthcare Ltd IPO Subscription Status (Bidding Detail)

The Chandan Healthcare Ltd IPO is subscribed 6.6226 times on 12 February 2025 05:00:00 PM. The public issue subscribed 2.4428 times in the retail category, 7.5859 times in the QIB category, and 19.2321 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategoryQIBNIIRetailEmployeeTotal
Subscription (times)7.585919.23212.44280.20856.6226

Chandan Healthcare Ltd IPO Prospectus

Chandan Healthcare Ltd IPO Listing Date

Listing Date17 February 2025
BSE Script 91069
NSE SymbolCHANDAN
Listing In NSE - SME
ISININE0B2N01016
IPO Price159
Face Value10

Company Contact Information

Chandan Healthcare Ltd
Biotech Park Sector GJankipuram Kursi Road,Lucknow-226021
Phone: 91 84290 24430
Email: secretarial@chandan.co.in
Website: www.chandandiagnostic.com

Chandan Healthcare Ltd IPO Registrar

Phone:+91 40 6716 2222
Email: einward.ris@kfintech.com
Website: www.kfintech.com

Chandan Healthcare Ltd IPO Lead Manager(s)

  1. Unistone Capital Pvt Ltd

FAQ

What is the issue size of Chandan Healthcare Ltd IPO?

Chandan Healthcare Ltd IPO, which opens for subscription from to 12 February 2025 has an issue size of ₹106.99 crore. The issue type is book building issue.

I have pre-applied for Chandan Healthcare Ltd IPO. When will my order get placed?

In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.

What are the open and close dates for Chandan Healthcare Ltd IPO?

Chandan Healthcare Ltd IPO Opens for subscription from 10 February 2025 to 12 February 2025

What is the lot size and minimum order quantity of the Chandan Healthcare Ltd IPO?

The lot size of Chandan Healthcare Ltd is 800 shares. Retail investors can subscribe to minimum 1 lot and maximum 1 lots. The minimum and maximum application value is ₹1,27,200 and ₹1,27,200 respectively.

What are the allotment dates for the Chandan Healthcare Ltd IPO?

Allotment date for Chandan Healthcare Ltd is 13 February 2025 and refund of application amount (in case allotment is not received) will begin from 14 February 2025. If your allotment goes through, then shares will be credited in your Demat account by 14 February 2025.

Who is the registrar of Chandan Healthcare Ltd IPO?

The registrar for Chandan Healthcare Ltd IPO is KFin Techologies Ltd . You can check your IPO allotment status on the registrar's website.

Where is the Chandan Healthcare Ltd IPO getting listed?

The shares of Chandan Healthcare Ltd are proposed to be listed on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE)