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Home All IPOs Nidan Laboratories & Healthcare Ltd. IPO
Nidan Laboratories & Healthcare Ltd. IPO
NSE SME Fixed Price IPO Fresh Capital Closed Live Chart
GMP +₹0 +0% Est. Listing ₹125
Issue Price
₹125
Face ₹10
GMP
+₹0
+0% premium
Est. Listing
₹125
GMP based
Lot Size
1,000
shares / lot
Min Amount
₹125,000
1 lot · 1,000 shares
Live Price
tap to chart
Allotment
Important Dates
6/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
28 Oct 2021
Thu Completed
Done
Close Date
02 Nov 2021
Tue Completed
Done
Allotment
09 Nov 2021
Tue Completed
Done
Refund
10 Nov 2021
Wed Completed
Done
Demat Credit
11 Nov 2021
Thu Completed
Done
Listing Date
12 Nov 2021
Fri Completed
UPI Deadline: 02 Nov 2021
Issue Details
Pricing & Size
Issue Price
₹125 Face ₹10
Lot Size
1,000 shares
Min Investment
₹125,000
Total Issue Size
40,00,000 shares (aggregating up to ₹50.00 Cr)
IPO Information
Issue Type
Fixed Price IPO
Sale Type
Fresh Capital
Listing Exchange
NSE SME
Script / Ticker
-
Allocation Breakdown
Market Maker
2,00,000 (5.00%)
QIB Portion
-
NII / HNI
19,00,000 (47.50%)
Retail
19,00,000 (47.50%)
Employee
-
Net Offer to Public
38,00,000 shares (aggregating up to ₹47.50 Cr)
Shareholding Pattern
Pre-Issue Shareholding
99,00,000 shares
Post-Issue Shareholding
1,39,00,000 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 1,000 ₹1,25,000
HNI / NII 2 2,000 ₹2,50,000
Objects of Issue
4 objectives
1
1 Repayment of Loans
16.00 Cr
2
2 Additional Working Capital
26.00 Cr
3
3 General Corporate Expenses
4.40 Cr
4
4 To meet the expenses of the Issue
3.60 Cr
Lead Managers & Market Maker
Book Running Lead Managers
First Overseas Capital Ltd.
Market Maker
NNM Securities Pvt.Ltd.
IPO Timeline
Open
28 Oct
✓ Done
Close
02 Nov
✓ Done
Allotment
09 Nov
✓ Done
Listing
12 Nov
✓ Done
Registrar Details
Bigshare Services Pvt.Ltd.
SEBI Registered Registrar & Transfer Agent
Phone
+91-22-6263 8200
Email
ipo@bigshareonline.com
Company Contact
Email
cs@nidanhealthcare.co.in
Phone
+91 8975610000
Address
Swapnshilpa, Behind Aarti Apartment, Vartak Road, Palagar, Mumbai, Maharashtra, 401303
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹125
Est. Listing
₹125
Lot Size
1,000 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
Nidan Laboratories & Healthcare Ltd. LIVE
INR ·
vs Issue
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P/E
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| Price
Market Reference
IPO Issue Price
₹125
GMP
+₹0 (+0%)
GMP Est. Listing
₹125
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)*
NII / HNI (Total) 19,00,000 (47.50%) ₹2,375.00 Cr
Retail Investors 19,00,000 (47.50%) ₹2,375.00 Cr
Total ** 40,00,000 (100.00%) ₹50,000.00 Cr
Market Maker * 2,00,000 (5.00%) ₹25.00 Cr
* Based on ₹125.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
NII
19,00,000 (47.50%)
Retail
19,00,000 (47.50%)
Market Maker
2,00,000 (5.00%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount in Crore
Metric30-Jun-2131-Mar-2131-Mar-20
Revenue7.8521.8522.19
PAT1.092.300.71
EBITDA
Net Worth
Total Assets54.3352.4445.21
Reserves
Borrowings
About Nidan Laboratories & Healthcare Ltd.

Incorporated in the year 2000, Nidan Laboratories and Healthcare Limited offer diagnostic services including radiology, neurology, cardiology, dental as well as pathology services. As of March 31, 2021, the company offered approximately 740 routine and 3000 specialized pathology tests and approximately 220 basic and 320 advanced radiology tests that cover a range of specialties and disciplines. The company provides pathology tests ranging from basic biochemistry and clinical pathology to cytogenetic and high-end molecular diagnostic tests, and radiology tests ranging from basic echocardiograms, X-Rays, and ultrasounds to advanced radiology tests including computerized tomography (CT) scans, magnetic resonance imaging (MRI) scans. The company also offers a broad spectrum of customized health and wellness packages to its customers and offers value-added services to its customers such as a home collection of specimens, house calls, and various delivery or access modes for test reports.

Nidan has come out with a unique appointment booking mobile application under the name of "NIDAN HEALTHCARE" which is supported by self-indigenous software called "Nidan Operation Management (NOM)." This unique app enables patients to book appointments for any test, from anywhere, at any time. The company has also tied up with pathology partners like Metropolis Laboratories Limited for its services.

Out of the 35 centers operating under the brand name of "Nidan Healthcare", 16 centers are under the Franchisee model where 1 center acts as a fully operated diagnostic center and 15 centers act solely as standalone collection centers. As of June 30, 2021, the company had a total of 213 employees. The company has got recognitions like the Best Diagnostic Chain of India Award 2019, in the Category of 20+ diagnostic centers by Express Healthcare.

Competitive Strengths:

  • Trusted, high quality, and reliable brand name.
  • Customer-centric approach & services
  • Location benefits
  • Wide range of diagnostic services at affordable prices
  • Robust IT technical capabilities with strong IT infrastructure
  • Strong and experienced leadership with a dedicated management team
Frequently Asked Questions
What is the issue price of Nidan Laboratories & Healthcare Ltd. IPO?
The issue price of Nidan Laboratories & Healthcare Ltd. IPO is ₹125 per share, face value ₹10.
What is the lot size?
Minimum lot size is 1,000 shares, requiring ₹125,000.
What are the IPO dates?
Opens 28 Oct 2021, closes 02 Nov 2021.
When is the listing date?
Tentative listing: 12 Nov 2021 on NSE SME.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹125 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Nidan Laboratories & Healthcare Ltd. IPO · Expected 09 Nov 2021

Check on Registrar
Post-IPO Timeline
Allotment Date
09 Nov 2021
Refund Initiation
10 Nov 2021
Demat Credit
11 Nov 2021
Listing Date
12 Nov 2021
Live Price LIVE
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹125
Face ₹10
Lot Size
1,000
shares / lot
Min Amount
₹125,000
1 lot
Est. Listing
₹125
GMP +₹0
Key Dates
Open
28 Oct Done
Close
02 Nov Done
Listing
12 Nov Done
Registrar
Bigshare Services Pvt.Ltd.
A
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