Chandan Healthcare Limited IPO
NSE SMEOffer Date: Feb 10, 2025 - Feb 12, 2025
₹ 127200 /800 Shares
10 Feb, 2025
Open Date12 Feb, 2025
Close Date13 Feb, 2025
Allotment Date17 Feb, 2025
Listing DateIssue Price
₹151-159 per equity shareFace Value
₹10 Per Equity ShareListing at Group
NSE SMERegistrar
Kfin Technologies LimitedMarket Lot
800 Shares (₹127,200/-)Lead Manager
Unistone Capital Pvt LtdIssue Size
67,52,000 shares(aggregating up to ₹107.36 Cr)Retail Portion
35%Subscription
N/A timesIPO Docs
DRHP
The IPO of Chandan Healthcare is priced at ₹151-159 per equity share, which has a face value of ₹10 Per Equity Share each. The company shall list its equity shares on NSE SME. Kfin Technologies Limited is the registrar of the issue.
Chandan Healthcare IPO bid opening date is from Feb 10, 2025 and the bid closing date was Feb 12, 2025.
Chandan Healthcare IPO allotment result will be available on Feb 13, 2025. The tentative listing date for Chandan Healthcare is Feb 17, 2025.
The total issue size is 67,52,000 shares(aggregating up to ₹107.36 Cr).
Chandan Healthcare Valuations
EPS Pre IPO
₹/-EPS Post IPO
₹/-P/E Pre IPO
P/E Post IPO
ROE
%ROCE
%Debt/Equity
RoNW
%PAT Margin
Price to Book Value
Chandan Healthcare Company Financials All values are in ₹ Cr.
| 31-Mar-24 | 31-Mar-23 | 31-Mar-22 | |
|---|---|---|---|
| Assets | 129.17 | 98.13 | 81.54 |
| Revenue | 177.96 | 137.03 | 119.92 |
| Profit After Tax | 16.36 | 3.59 | -1.09 |
| Net Worth | 41.09 | 27.3 | 23.93 |
| Reserves & Surplus | 2.84 | 2.76 | 2.54 |
| Total Borrowing | 42.01 | 21.36 | 16.58 |
About The Company
Chandan Healthcare Limited, incorporated in September 2003, operates diagnostic centers in North India with pathology and radiology testing services.
The company operates one flagship laboratory, seven central laboratories, and twenty-six satellite centres as of August 31, 2024, with over three hundred collection centers in more than 15 cities across Uttar Pradesh and over 10 in Uttarakhand.
As of August 31, 2024, the organization provides 1,118 tests in various disciplines. The tests menu consists of 169 general pathology tests under basic biochemistry and haematology, combined with 713 specialized tests under immunohistopathology, molecular pathology, and236 radiology tests, which are x-rays, ultrasonography, CT, MRI, and specialized CT scans.
The radiology equipment possesses eleven CT scanners and four MRI machines.
As of 31st August, 2024, the company had 14 radiologists, 25 pathologists, and more than 161 other qualified professionals.
Chandan Healthcare - Promoter(s)
Pre Issue Share Holding: 69.96%
Post Issue Share Holding: %
- Amaranita Holdings (India) Private Limited
- Amar Singh
- Asmita Singh
- Alok Singh
- Shaleen Solanki
- Vijay Singh
- Vinay Lamba
Chandan Healthcare IPO - Issue Objectives
- Setting up a new Flagship Diagnostic Centre in Jankipuram, Lucknow, Uttar Pradesh.
- Setting up a new Central Reference laboratory at Ayodhya, Uttar Pradesh
- Setting up a new Central Reference laboratory at Ashiyana, Lucknow, Uttar Pradesh.
- General corporate purposes.
Other Details
Chandan Healthcare
Biotech Park, Sector G, Jankipuram, Kursi Road, Lucknow-226021Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: chl.ipo@kfintech.com
Chandan Healthcare IPO - FAQs
Ans. Chandan Healthcare Limited IPO is a SME IPO. The issue is priced at ₹151-159 per equity share. The minimum order quantity is 800 Shares. The IPO opens on Feb 10, 2025, and closes on Feb 12, 2025. Kfin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Chandan Healthcare Limited IPO opens on Feb 10, 2025 and closes on Feb 12, 2025.
Ans. The size of Chandan Healthcare Limited IPO is 67,52,000 shares(aggregating up to ₹107.36 Cr).
Ans. The IPO price band is set between ₹151-159 per equity share.
Ans. To apply for Chandan Healthcare Limited IPO IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Chandan Healthcare Limited IPO in the List of IPOs
- - Press "Apply" Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Chandan Healthcare Limited IPO is Feb 13, 2025.
Ans. The Chandan Healthcare Limited IPO will be listed on Feb 17, 2025.
Ans. Follow the steps to check the allotment status for Chandan Healthcare Limited IPO here.
