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Chandan Healthcare Ltd

Chandan Healthcare Ltd

NSE SME · SME IPO
Listed NSE SME SME Live Chart
Issue Price
₹159
₹159
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹159
Based on GMP
Min. Investment
₹127,200
1 lot × 800 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
10 Feb 2025
Close Date
12 Feb 2025
Allotment
13 Feb 2025
Listing Date
17 Feb 2025
Exchange
NSE SME
Price Band
₹159
Listing Price
See chart
Allotment Status
Price Band
₹159
Per share
Face Value
₹10 per share
 
Lot Size
800 Shares
per lot
Issue Size
67,52,000 shares (aggregating up to ₹107.27 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹127,200
1 lot
Pre-IPO Holding
2,00,00,000 shares
Promoters
Post-IPO Holding
2,44,52,064 shares
Promoters
P/E (Pre)
19.44x
 
P/E (Post)
16.74x
 
EPS (Pre)
₹8.18
 
EPS (Post)
₹9.50
 
UPI Deadline
2025-02-12
Mandate
Anchor AllotmentSun, 09 Feb 2025
Basis of AllotmentThu, 13 Feb 2025
Refund InitiationFri, 14 Feb 2025
Demat CreditFri, 14 Feb 2025
Listing DayMon, 17 Feb 2025
UPI Mandate Deadline2025-02-12
Sale TypeFresh Capital-cum-Offer for Sale
Net Offer to Public64,12,800 shares (aggregating up to ₹101.88 Cr)
Market Maker Quota3,39,200 shares (aggregating up to ₹5.39 Cr)
Fresh Issue Shares41,12,864 shares (aggregating up to ₹65.34 Cr)
Offer for Sale22,99,936 shares of ₹10 (aggregating up to ₹36.54 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Chandan Healthcare Ltd IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 12 Feb 2025.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
339,200
₹5.39
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
6,752,000
100% ₹107.36
IPO Shares Offered
Chandan Healthcare Ltd IPO total issue size: ₹107.36 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 339,200 ₹5.39
5.02%
Total 6,752,000 ₹107.36
100.00%
* Based on upper price band ₹159 per share
Lot Size & Investment
Lot Size
800
Shares per Lot
Issue Price
₹159.00
Upper Band
Min Investment
₹127,200
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)21,600₹254,400
Retail (Max — 13 Lots)1310,400₹1,653,600
S-HNI (Min — 14 Lots)1411,200₹1,780,800
B-HNI (Min — 68 Lots)6854,400₹8,649,600
* Issue Price ₹159 × Lot Size 800 shares
IPO Schedule
Anchor
09 Feb 2025
✓ Done
IPO Open
10 Feb 2025
✓ Done
IPO Close
12 Feb 2025
✓ Done
Allotment
13 Feb 2025
✓ Done
Refunds
14 Feb 2025
✓ Done
Demat Credit
14 Feb 2025
✓ Done
Listing Day
17 Feb 2025
✓ Done
Chandan Healthcare Ltd — Live Price LIVE
₹159.00
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Issue ₹159.00 Live Price
About Chandan Healthcare Ltd
Incorporated in September 2003, Chandan Healthcare Limited runs diagnostic centres in North India with pathology and radiology testing services.As of December 31, 2024, the company operates one flagship laboratory, seven central laboratories, and twenty-six satellite centres, with over three hundred collection centres in more than 23 cities across Uttar Pradesh and over 19 in Uttarakhand.As of December 31, 2024, the company offers 1,496 tests across different specialities. The test menu includes481 routine pathology tests in basic biochemistry and haematology, plus 1,015 specialised tests like immunohistopathology and molecular pathology, and545 radiology tests, including x-rays, ultrasonography, CT, MRI, and specialised CT scans.The radiology facilities have eleven CT scanners and four MRI machines.As of December 31, 2024, the company employed 15 radiologists, 23 pathologists, and over 161 other qualified professionals.Products and services:The company primarily provides diagnostic services and ad hoc sales of consumables like X-ray films and reagents. Its subsidiary, Chandan Pharmacy Limited, operates medical stores offering a range of pharmaceutical products.Routine Pathology TestsSpecialized Pathology TestsRadiology TestsPreventive and Wellness ServicesHome Collection ServiceCompetitive Strength:Strong geographic presence in Uttarakhand, including 39 tier-two cities and towns.Integrated diagnostics provider offering pathology, radiology testing, and medical consultations.Track record of profitability and consistent financial performance.Dedicated management team with significant industry experience.
Objects of the Issue
1
Setting up a new Flagship Diagnostic Centre in Jankipuram, Lucknow, Uttar Pradesh.
2
Setting up a new Central Reference laboratory at Ayodhya, Uttar Pradesh
3
Setting up a new Central Reference laboratory at Ashiyana, Lucknow, Uttar Pradesh.
4
General corporate purposes.
Chandan Healthcare Ltd Financials (Amount in ₹ Crore)
Revenue from Operations
₹137.0
31 Mar 2023
₹178.0
31 Mar 2024
₹168.0
31 Dec 2024
Profit After Tax (PAT)
₹3.6
31 Mar 2023
₹16.4
31 Mar 2024
₹17.4
31 Dec 2024
Particulars31 Dec 202431 Mar 202431 Mar 2023
Revenue from Operations 167.99 177.96 137.03
EBITDA N/A N/A N/A
Profit After Tax (PAT) 17.42 16.36 3.59
Net Worth N/A 41.09 27.30
Total Assets 170.06 128.86 97.83
Reserves & Surplus 34.31 21.16 7.37
Borrowings 51.92 42.01 21.36
EBITDA Margin (%) N/A
PAT Margin (%) 9.26%
P/BV Ratio
7.73
RoE
47.50%
RoCE
35.20%
RoNW
39.54%
PAT Margin
9.26%
Debt/Equity
1.02
Issue Structure & Shareholding
Total Shares Offered67,52,000 (100.00%)
Net Offer to Public64,12,800 shares (aggregating up to ₹101.88 Cr)
Reserved for Market Maker3,39,200 shares (aggregating up to ₹5.39 Cr)
Pre-Issue Promoter Holding2,00,00,000 shares
Post-Issue Promoter Holding2,44,52,064 shares
P/BV Ratio7.73
RoE47.50%
RoCE35.20%
Debt / Equity1.02
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Unistone Capital Pvt.Ltd
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Chandan Healthcare Ltd IPO subscribed?

Chandan Healthcare Ltd IPO is subscribed 1.00 times by Feb 12, 2025. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Chandan Healthcare Ltd IPO retail subscription status?

The Chandan Healthcare Ltd IPO retail category is subscribed 1.00 times as of 12 Feb 2025. The retail portion is oversubscribed.

How to subscribe Chandan Healthcare Ltd IPO?

Subscribe via your broker app using ASBA or UPI. Opens 10 Feb 2025 and closes 12 Feb 2025. Min investment: ₹127,200 (1 lot = 800 shares). UPI mandate: 2025-02-12.

How many times Chandan Healthcare Ltd IPO subscribed?

The Chandan Healthcare Ltd IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Chandan Healthcare Ltd IPO allotment?

Check allotment on the registrar website (Kfin Technologies Ltd) at https://ipostatus.kfintech.com/. Enter your PAN, application number or DP/Client ID. Allotment date: 13 Feb 2025. Refunds: on 14 Feb 2025.

When Chandan Healthcare Ltd IPO will be listed?

The Chandan Healthcare Ltd IPO listing date is 17 Feb 2025, Monday. Listed on: NSE SME. Issue price: ₹159. Estimated listing: ₹159. GMP: NIL.

When Chandan Healthcare Ltd IPO close?

The Chandan Healthcare Ltd IPO closes on 12 Feb 2025, Wednesday. UPI mandate: 2025-02-12. Allotment: 13 Feb 2025. Listing: 17 Feb 2025.