Chandan Healthcare IPO Details
IPO Open Date: | February 10, 2025 |
IPO Close Date: | February 12, 2025 |
Face Value: | ₹10 Per Equity Share |
IPO Price Band: | ₹151 to ₹159 Per Share |
Issue Size: | Approx ₹107.36 Crores |
Fresh Issue: | Approx ₹70.79 Crores |
Offer for Sale: | Approx 22,99,936 Equity Shares |
Issue Type: | Book Built Issue |
IPO Listing: | NSE SME |
Retail Quota: | Not more than 35% |
QIB Quota: | Not more than 50% |
NII Quota: | Not more than 15% |
DRHP Draft Prospectus: | Click Here |
RHP Draft Prospectus: | Click Here |
Anchor Investors List: | Click Here |
Chandan Healthcare IPO Market Lot
The Chandan Healthcare IPO minimum market lot is 800 shares with ₹1,27,200 application amount.
Application | Lot Size | Shares | Amount |
Retail Minimum | 1 | 800 | ₹1,27,200 |
Retail Maximum | 1 | 800 | ₹1,27,200 |
S-HNI Minimum | 2 | 1,600 | ₹2,54,400 |
Chandan Healthcare IPO Dates
The Chandan Healthcare IPO date is February 10 and the close date is February 12. The Chandan Healthcare IPO allotment will be finalized on February 13 and the IPO listing on February 17.
IPO Open Date: | February 10, 2025 |
IPO Close Date: | February 12, 2025 |
Basis of Allotment: | February 13, 2025 |
Refunds: | February 14, 2025 |
Credit to Demat Account: | February 14, 2025 |
IPO Listing Date: | February 17, 2025 |
Promoters of Chandan Healthcare IPO
The promoters of the company are Amaranita Holdings (India) Private Limited, Amar Singh, Asmita Singh, Alok Singh, Shaleen Solanki, Vijay Singh and Vinay Lamba.
About Chandan Healthcare IPO
Chandan Healthcare Limited was Incorporated in September 2003 and it is a specialist in providing testing services such as pathology and radiology a flagship laboratory, 7 central laboratories, 26 satellite centres, and Over 300 collection centres. Moreover, it is spread in more than 15 cities and towns in Uttar Pradesh and over 10 cities and towns in Uttarakhand. One of the main reasons for increased revenue is the B2C segment, including diagnostic labs, and collection centers. In fiscal 2024, 2023, and 2022 the B2C segment accounted for 25.33%, 31.66%, and 49.45%, respectively, of total revenue. Their business faces tough competition from both organized and unorganized players, including smaller independent labs and those owned by hospitals and doctors. Financially, 17,659.01 lakh is revenue for 2024, and the PAT of the same year is Rs 1,635.51 lakh respectively.
Chandan Healthcare IPO Company Financial Report
The company reported revenue of ₹177.96 crores in 2024 against ₹137.03 crore in 2023. The company reported profit of ₹16.36 crores in 2024 against profit of ₹3.59 crores in 2023.
Amount ₹ in Crores
Period Ended | Revenue | Expense | Profit After Tax | Assets |
2022 | ₹119.92 | ₹120.98 | ₹1.09 | ₹81.54 |
2023 | ₹137.03 | ₹132.02 | ₹3.59 | ₹98.13 |
2024 | ₹177.96 | ₹156.50 | ₹16.36 | ₹129.17 |
December 2024 | ₹167.99 | ₹144.58 | ₹17.42 | ₹170.06 |
Chandan Healthcare IPO Valuation – FY2024
Check Chandan Healthcare IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
KPI | Values |
ROE: | 47.60% |
ROCE: | 35.04% |
EBITDA Margin: | 14.78% |
PAT Margin: | 9.26% |
Debt to equity ratio: | 1.02 |
Earning Per Share (EPS): | ₹8.14 (Basic) |
Price/Earning P/E Ratio: | N/A |
Return on Net Worth (RoNW): | 39.61% |
Net Asset Value (NAV): | ₹20.55 |
Peer Group Comparison
Company | EPS | PE Ratio | RoNW % | NAV | Income |
Vijaya Diagnostic Ltd | 11.62 | 77.22 | 19.91% | 64.21 | 547.81 Cr. |
Dr. Lal Pathlabs Ltd | 46.25 | 71.20 | 19.59% | 221.61 | 2,226.64 Cr. |
Metropolis Healthcare Ltd | 24.95 | 84.79 | 11.72% | 214.01 | 1,207.71 Cr. |
Objects of the Issue
- 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.
Chandan Healthcare IPO Review
- Canara Bank –
- DRChoksey FinServ –
- Emkay Global –
- Hem Securities –
- IDBI Capital –
- Marwadi Shares –
- Nirmal Bang –
- SBICAP Securities –
- Sharekhan –
- SMC Global –
- Sushil Finance –
- Swastika Investmart –
- Ventura Securities –
- Geojit –
- Reliance Securities –
- Capital Market –
- BP Wealth –
- ICICIdirect –
- Choice Broking –
Chandan Healthcare IPO Registrar
KFin Technologies Limited
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://kosmic.kfintech.com/ipostatus/
IPO Lead Managers aka Merchant Bankers
- Unistone Capital Pvt Ltd
Company Address
Chandan Healthcare Limited
Biotech Park, Sector G,
Jankipuram, Kursi Road,
Lucknow-226021
Phone: +91 8429024430
Email: [email protected]
Website: https://www.chandandiagnostic.com/
Chandan Healthcare IPO FAQs
What is Chandan Healthcare IPO?
When Chandan Healthcare IPO will open for subscription?
What is Chandan Healthcare IPO Investors Portion?
How to Apply the Chandan Healthcare IPO?
What is Chandan Healthcare IPO Issue Size?
What is Chandan Healthcare IPO Price Band?
What is Chandan Healthcare IPO Lot Size?
What is the Chandan Healthcare IPO Allotment Date?
What is the Chandan Healthcare IPO Listing Date?
Note: The Chandan Healthcare IPO price band and date are officially announced. The (Chandan Healthcare IPO grey market premium) will be added to the IPO GMP page as it will start).