Chandan Healthcare IPO subscription started on Monday, February 10, 2025, and will close on Wednesday, February 12, 2025, as per the schedule. The price band is set at ₹151 to ₹159 per share with a face value of ₹10.
Chandan Healthcare IPO Subscription Status
Chandan Healthcare IPO Subscribed over 7.04x on its Last day till 05.00 PM on 12th February 2025.
- Chandan Healthcare IPO subscription QIB investors portion is 7.58x times, while NII subscribed 18.85x times and RII investors subscribed 2.44x times.
- The company has received bids for 3,21,32,800 shares against 45,64,000 shares on offer on the Last day.
- Chandan Healthcare IPO Subscribed over 0.46x on day 2.
- Chandan Healthcare IPO Subscribed over 0.19x on day 1.
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 a crore in 2024 against ₹137.03 crore in 2023. The company reported a profit of ₹16.36 crores in 2024 against a profit of ₹3.59 crores in 2023.
Chandan Healthcare IPO GMP:
Chandan Healthcare IPO GMP was ₹8 as of Wednesday, 12th February 2025. That indicates the IPO is trading at ₹167 with ₹8 premium in the grey market against the issue price of ₹159.
