For Market’s Latest Update Join Us on Telegram
Objective of the Issue
The company proposes to utilize the Net Proceeds from the Offer towards the following objects:
- 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.
IPO Details, Price, Market Lot
| Chandan Healthcare SME IPO Details | |
| IPO Open Date | 10 February 2025 |
| IPO Close Date | 12 February 2025 |
| IPO Issue Size | 67,52,000 Shares (Aggregating up to ₹107.36 Cr) |
| Fresh Issue | 44,52,064 Shares (Aggregating up to ₹ 70.79 Cr) |
| Offer for Sale | 22,99,936 Shares (Aggregating up to ₹36.57 Cr) |
| Retail Portion | Not less than 35.00% of the Offer |
| NII Portion | Not less than 15.00% of the Offer |
| QIB Portion | Not more than 50% of the Offer |
| Listing At | NSE SME |
| Chandan Healthcare SME IPO Price | |
| Face Value | ₹10 Per Share |
| IPO Price Band | ₹151 to ₹159 Per Share |
| Employee Discount | — |
| IPO Issue Type | Book Built Issue |
| Chandan Healthcare SME IPO Market Lot For Retail Investor | |
| No. of Shares Per Lot | 800 Shares |
| Minimum Lot Size | 1 Lot (800 Shares) |
| Minimum Amount (Cut-off price) | ₹1,27,200 |
| Maximum Lot Size | 1 Lot (800 Shares) |
| Maximum Amount (Cut-off price) | ₹1,27,200 |
| Chandan Healthcare SME IPO Market Lot For HNI | |
| No. of Shares Per Lot | 800 Shares |
| Minimum Lot Size | 2 Lots (1,600 Shares) |
| Minimum Amount (Cut-off price) | ₹2,54,400 |
IPO Date, Listing Date, Allotment Date
| Chandan Healthcare SME IPO Time Table (Tentative) | |
| IPO Open Date | 10 February 2025 |
| IPO Close Date | 12 February 2025 |
| Basis of Allotment Date | 13 February 2025 |
| Initiation of Refunds | 14 February 2025 |
| Credit of Share to Demat Account | 14 February 2025 |
| IPO Listing Date | 17 February 2025 |
Financial Report
| Period Ended | Assets (₹ in Lakh) |
Revenue (₹ in Lakh) |
P A T (₹ in Lakh) |
Borrowings (₹ in Lakh) |
| 31 December 2024 | 17,006.26 | 16,798.82 | 1,741.99 | 5192.32 |
| 31 March 2024 | 12,886.38 | 17,795.86 | 1,635.50 | 4201.27 |
| 31 March 2023 | 9,782.50 | 13,702.92 | 358.63 | 2135.50 |
| 31 March 2022 | 8,122.75 | 11,991.58 | -109.26 | 1658.08 |
| Period Ended | 31 Dec. 2024 | 31 March 2024 | 31 March 2023 | 31 March 2022 |
| Assets | 17,006.26 | 12,886.38 | 9,782.50 | 8,122.75 |
| Revenue | 16,798.82 | 17,795.86 | 13,702.92 | 11,991.58 |
| P A T | 1,741.99 | 1,635.50 | 358.63 | -109.26 |
| Borrowings | 5192.32 | 4201.27 | 2135.50 | 1658.08 |
| Amount in ₹ Lakh | ||||
Company Promotor & Promotor’s Holding
Amaranita Holdings (India) Private Limited, Amar Singh, Asmita Singh, Alok Singh, Shaleen Solanki, Vijay Singh and Vinay Lamba are the promoter of company.
| Pre Issue Promotor Holding | 69.96% |
| Post Issue Promotor Holding |
Company Address
Chandan Healthcare Limited
Biotech Park, Sector G, Jankipuram, Kursi Road, Lucknow-226021
Phone: +91 8429024430
Email: secretarial@chandan.co.in
Website: https://www.chandandiagnostic.com/
IPO Registrar, Lead Manager, Prospectus
| Chandan Healthcare SME IPO Prospectus |
| Chandan Healthcare SME IPO Registrar |
| Kfin Technologies Limited |
| Chandan Healthcare SME IPO Lead Manager |
| Unistone Capital Pvt Ltd |