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Chandan Healthcare Limited

  • Minimum Investment
    ₹1,20,800
  • Price Range
    ₹151 - ₹159
  • Issue Size
    ₹107.36 Cr
  • Lot Size
    800 shares

This stock belongs to the SME (Small & Medium Enterprises) segment which usually has low liquidity and hence, is also riskier. It will be traded in a lot size of 2000 shares after listing.

Proceeds of this IPO to be used for

Setting up of a new flagship diagnostic centre in Jankipuram, Lucknow, Uttar Pradesh

Setting up of a new central reference laboratory at Ayodhya, Uttar Pradesh

Setting up of a new central reference laboratory at Ashiyana, Lucknow, Uttar Pradesh

General corporate purposes

Download RHP DocumentGet more in-depth details about this IPO.

Strengths & Weaknesses of Chandan Healthcare Limited

Concentrated in Uttarakhand

The company's strong presence in Uttarakhand spans 19 tier-two cities and towns, ensuring access to quality diagnostics. With 12 centres near major medical institutions and commercial hubs, it enhances patient convenience and service efficiency

One-stop solution

The company's test menu includes 481 routine pathology tests, 1,015 specialized pathology tests, and 545 radiology tests, covering X-rays, USG, CT, MRI, and specialized scans. Its radiology facilities feature 11 CT scanners and 4 MRI machines

Dedicated management team

The company is led by an experienced management team with complementary skills crucial for the growing Indian diagnostic market. Their leadership has driven significant growth, improving network productivity and efficiency

Operational risks

Any disruptions at the flagship diagnostic centers could impact test processing, potentially affecting business operations, financial performance, and overall results

Agreement risks

The non-renewal or cancellation of agreements with institutional customers, including hospitals and government agencies, could negatively impact business operations, revenue, and financial stability

Dependent on domestic suppliers

Dependence on domestic suppliers, particularly in Uttar Pradesh, for medical consumables makes the business vulnerable to supply delays or disruptions, potentially impacting operations, financial condition, and cash flow

Financials

Earnings Per Share

Earnings Per Share (EPS) is calculated by dividing a company’s net income by its average number of outstanding shares.

No Data

Balance Sheet

A financial statement that provides details about a company’s assets, liabilities, and shareholders’ equity at a given point in time.
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Cash Flow

The net amount of cash or cash equivalents being transferred in and out of a company for a specified period of time. Cashflow stems from operating, investing and financing activities.
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About Chandan Healthcare Limited

Chandan Healthcare Ltd. was established on September 03, 2003. The company operates a diagnostic network in North India, offering pathology and radiology testing services. As of December 31, 2024, it has one flagship lab, nine central labs, 27 satellite centres, and 300+ collection centres across Jaipur, Uttar Pradesh, and Uttarakhand
  • Promoter
    Amar Singh
  • Promoter
    Asmita Singh
  • Promoter
    Alok Singh
  • Promoter
    Shaleen Solanki
  • Promoter
    Vijay Singh
  • Promoter
    Vinay Lamba

Chandan Healthcare Limited IPO FAQs

What is Chandan Healthcare Limited IPO?

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Chandan Healthcare Limited IPO refers to the initial public offering of shares by Chandan Healthcare Limited. It is a process by which the company offers its shares to the public for the first time, allowing individuals to become shareholders.

What is the issue size of Chandan Healthcare Limited IPO?

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For Chandan Healthcare Limited IPO the issue size is ₹107 Cr. The issue size is the total value of the shares offered to the public. It represents the amount the company aims to raise through the IPO.

What is the minimum investment amount for the Chandan Healthcare Limited IPO?

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For Chandan Healthcare Limited IPO the minimum investment is ₹1,20,800. The minimum investment for Chandan Healthcare Limited IPO is the smallest amount an individual can invest to participate in the offering. It is usually determined by the company and regulatory requirements.

What is the lot size of Chandan Healthcare Limited IPO?

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For Chandan Healthcare Limited IPO the lot size is 800 shares. The lot size of Chandan Healthcare Limited IPO refers to the number of shares that investors need to bid for and purchase in a single transaction. It is predetermined by the company and regulators.

How to apply for Chandan Healthcare Limited IPO on Share.Market?

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To apply for Chandan Healthcare Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the Chandan Healthcare Limited IPO from the list and click on apply now. Place your bids or choose the Cut-off Price option. Enter your UPI ID and set up your mandate to place your application.

Can I pre-apply for Chandan Healthcare Limited IPO?

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Yes, investors can often pre-apply for some of the IPOs. Pre-application allows individuals to express their interest in participating in the IPO before the official subscription period begins. To pre- apply for Chandan Healthcare Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the IPO from the list and click on pre-apply now. Once the IPO opens for subscription you can enter your UPI ID and set up your mandate to place your application.

How many days is the IPO application window open?

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The IPO application window typically remains open for 3 days, starting from the date of the IPO opening. However, this duration can vary depending on the specific IPO and the regulatory requirements.

Till what time can I apply for an IPO on the last day on Share.Market?

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You can apply for the IPO till 3 PM on the last day of application on Share.Market.

What is the allotment date of Chandan Healthcare Limited IPO?

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For Chandan Healthcare Limited IPO the allotment date is February 13, 2025. The allotment date of Chandan Healthcare Limited IPO is the date on which shares are allocated to the successful bidders. It marks the distribution of shares to investors.

What are the open and close dates of Chandan Healthcare Limited IPO?

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For Chandan Healthcare Limited IPO, the subscription opens on February 10, 2025 and closes on February 12, 2025. The open and close dates of an IPO indicate the period during which investors can submit their bids to participate in the offering.
Bidding Ongoing
-
Total Subscription
7.50x Oversubscribed
Trade
Bidding Ongoing
-
Total Subscription
7.50x Oversubscribed
Trade