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.
| Event | Date |
|---|---|
| Chandan Healthcare Ltd IPO Opening Date | 10 February 2025 |
| Chandan Healthcare Ltd IPO Closing Date | 12 February 2025 |
| Basis of Allotment | 13 February 2025 |
| Initiation of Refunds | 14 February 2025 |
| Credit of Shares to Demat | 14 February 2025 |
| Chandan Healthcare Ltd IPO Listing Date | 17 February 2025 |
Chandan Healthcare Ltd IPO Details
| Chandan Healthcare Ltd IPO Date | 10 February 2025 to 12 February 2025 |
| Chandan Healthcare Ltd IPO Face Value | ₹10 per share |
| Chandan Healthcare Ltd IPO Price | ₹151 to ₹159 per share |
| Chandan Healthcare Ltd IPO Lot Size | 800 |
| Issue Size | Shares of ₹10 (aggregating up to ₹106.99 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹70.79 Cr) |
| Offer for Sale | Shares of ₹10 (aggregating up to ₹36.57 Cr) |
| Issue Type | Book Building - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | Not more than 12,33,440 of the Net Offer |
| Retail Shares Offered | Not less than 21,58,520 of the Net Offer |
| NII (HNI) Shares Offered | Not less than 9,25,080 of the Net Offer |
| Company Promoters | Amaranita 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 | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 800 | ₹1,27,200 |
| Maximum | 1 | 800 | ₹1,27,200 |
- Strengths
- 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 Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 95.49 | 100.98 | 16.02 |
| 03-2023 | 69.68 | 75.92 | 4.04 |
| 03-2022 | 59.5 | 71.81 | -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 Holding | 29.22% |
| Post Issue Share Holding | 16.72% |
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)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | 7.5859 | 19.2321 | 2.4428 | 0.2085 | 6.6226 |
Chandan Healthcare Ltd IPO Prospectus
Chandan Healthcare Ltd IPO Listing Date
| Listing Date | 17 February 2025 |
| BSE Script | 91069 |
| NSE Symbol | CHANDAN |
| Listing In | NSE - SME |
| ISIN | INE0B2N01016 |
| IPO Price | ₹159 |
| Face Value | ₹10 |
Company Contact Information
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
Chandan Healthcare Ltd IPO Lead Manager(s)
- Unistone Capital Pvt Ltd
FAQ
What is the issue size of Chandan Healthcare Ltd IPO?
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.