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Chandan Healthcare Ltd IPO
NSE SME Bookbuilding IPO Fresh Capital-cum-Offer for Sale Closed Live Chart
GMP +₹0 +0% Est. Listing ₹159
Issue Price
₹159
Face ₹10
GMP
+₹0
+0% premium
Est. Listing
₹159
GMP based
Lot Size
800
shares / lot
Min Amount
₹127,200
1 lot · 800 shares
Live Price
tap to chart
Allotment
Important Dates
6/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
10 Feb 2025
Mon Completed
Done
Close Date
12 Feb 2025
Wed Completed
Done
Allotment
13 Feb 2025
Thu Completed
Done
Refund
14 Feb 2025
Fri Completed
Done
Demat Credit
14 Feb 2025
Fri Completed
Done
Listing Date
17 Feb 2025
Mon Completed
UPI Deadline: 12 Feb 2025
Issue Details
Pricing & Size
Issue Price
₹159 Face ₹10
Lot Size
800 shares
Min Investment
₹127,200
Total Issue Size
67,52,000 shares (aggregating up to ₹107.27 Cr)
IPO Information
Issue Type
Bookbuilding IPO
Sale Type
Fresh Capital-cum-Offer for Sale
Listing Exchange
NSE SME
Script / Ticker
-
Allocation Breakdown
Market Maker
3,39,200 (5.02%)
QIB Portion
30,82,400 (45.65%)
NII / HNI
9,25,600 (13.71%)
Retail
21,59,200 (31.98%)
Employee
-
Net Offer to Public
64,12,800 shares (aggregating up to ₹101.88 Cr)
Shareholding Pattern
Pre-Issue Shareholding
2,00,00,000 shares
Post-Issue Shareholding
2,44,52,064 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 800 ₹1,27,200
HNI / NII 2 1,600 ₹2,54,400
Objects of Issue
4 objectives
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.
Lead Managers & Market Maker
Book Running Lead Managers
Unistone Capital Pvt.Ltd
Market Maker
R.K.Stock Holding Pvt.Ltd
IPO Timeline
Open
10 Feb
✓ Done
Close
12 Feb
✓ Done
Allotment
13 Feb
✓ Done
Listing
17 Feb
✓ Done
Registrar Details
Kfin Technologies Ltd
SEBI Registered Registrar & Transfer Agent
Phone
04067162222, 04079611000
Email
chl.ipo@kfintech.com
Company Contact
Email
secretarial@chandan.co.in
Phone
+91 8429024430
Address
Biotech Park, Sector G, Jankipuram, Kursi Road, Lucknow, Uttar Pradesh, 226021
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹159
Est. Listing
₹159
Lot Size
800 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
Chandan Healthcare Ltd LIVE
INR ·
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| Price
Market Reference
IPO Issue Price
₹159
GMP
+₹0 (+0%)
GMP Est. Listing
₹159
Previous Close
Exchange
Data from Yahoo Finance. May be delayed 15–20 min. GMP is unofficial. Not investment advice.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
QIB 30,82,400 (45.65%) ₹4,901.02 Cr
NII / HNI (Total) 9,25,600 (13.71%) ₹1,471.70 Cr
Retail Investors 21,59,200 (31.98%) ₹3,433.13 Cr
Total ** 67,52,000 (100.00%) ₹107,356.80 Cr
Market Maker * 3,39,200 (5.02%) ₹53.93 Cr
* Based on ₹159.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
QIB
30,82,400 (45.65%)
NII
9,25,600 (13.71%)
Retail
21,59,200 (31.98%)
Market Maker
3,39,200 (5.02%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount in ₹ Crore
Metric31 Dec 202431 Mar 202431 Mar 2023
Revenue167.99177.96137.03
PAT17.4216.363.59
EBITDA
Net Worth41.0927.30
Total Assets170.06128.8697.83
Reserves34.3121.167.37
Borrowings51.9242.0121.36
Key Financial Ratios
47.50%
ROE
Return on Equity
35.20%
ROCE
Return on Capital Employed
39.54%
RONW
Return on Net Worth
9.26%
PAT Margin
PAT / Revenue
1.02
D/E Ratio
Debt to Equity
7.73
P/BV
Price to Book Value
8.18
Pre EPS
EPS Pre-Issue
9.50
Post EPS
EPS Post-Issue
19.44
Pre P/E
P/E Pre-Issue
16.74
Post P/E
P/E Post-Issue
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 includes

  1. 481 routine pathology tests in basic biochemistry and haematology, plus 1,015 specialised tests like immunohistopathology and molecular pathology, and
  2. 545 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 Tests
  • Specialized Pathology Tests
  • Radiology Tests
  • Preventive and Wellness Services
  • Home Collection Service

Competitive Strength:

  1. Strong geographic presence in Uttarakhand, including 39 tier-two cities and towns.
  2. Integrated diagnostics provider offering pathology, radiology testing, and medical consultations.
  3. Track record of profitability and consistent financial performance.
  4. Dedicated management team with significant industry experience.
Frequently Asked Questions
What is the issue price of Chandan Healthcare Ltd IPO?
The issue price of Chandan Healthcare Ltd IPO is ₹159 per share, face value ₹10.
What is the lot size?
Minimum lot size is 800 shares, requiring ₹127,200.
What are the IPO dates?
Opens 10 Feb 2025, closes 12 Feb 2025.
When is the listing date?
Tentative listing: 17 Feb 2025 on NSE SME.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹159 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Chandan Healthcare Ltd IPO · Expected 13 Feb 2025

Check on Registrar
Post-IPO Timeline
Allotment Date
13 Feb 2025
Refund Initiation
14 Feb 2025
Demat Credit
14 Feb 2025
Listing Date
17 Feb 2025
Live Price LIVE
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹159
Face ₹10
Lot Size
800
shares / lot
Min Amount
₹127,200
1 lot
Est. Listing
₹159
GMP +₹0
Key Dates
Open
10 Feb Done
Close
12 Feb Done
Listing
17 Feb Done
Registrar
Kfin Technologies Ltd
A
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