Chandan Healthcare SME IPO



For Market’s Latest Update Join Us on Telegram


Objective of the Issue

The company proposes to utilize the Net Proceeds from the Offer towards the following objects:

  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.

IPO Details, Price, Market Lot

Chandan Healthcare SME IPO Details
IPO Open Date 10 February 2025
IPO Close Date 12 February 2025
IPO Issue Size 67,52,000 Shares (Aggregating up to ₹107.36 Cr)
Fresh Issue 44,52,064 Shares (Aggregating up to ₹ 70.79 Cr)
Offer for Sale 22,99,936 Shares (Aggregating up to ₹36.57 Cr)
Retail Portion Not less than 35.00% of the Offer
NII Portion Not less than 15.00% of the Offer
QIB Portion Not more than 50% of the Offer
Listing At NSE SME
Chandan Healthcare SME IPO Price
Face Value ₹10 Per Share
IPO Price Band ₹151 to ₹159 Per Share
Employee Discount
IPO Issue Type Book Built Issue
Chandan Healthcare SME IPO Market Lot For Retail Investor
No. of Shares Per Lot 800 Shares
Minimum Lot Size 1 Lot (800 Shares)
Minimum Amount (Cut-off price) ₹1,27,200
Maximum Lot Size 1 Lot (800 Shares)
Maximum Amount (Cut-off price) ₹1,27,200
Chandan Healthcare SME IPO Market Lot For HNI
No. of Shares Per Lot 800 Shares
Minimum Lot Size 2 Lots (1,600 Shares)
Minimum Amount (Cut-off price) ₹2,54,400

IPO Date, Listing Date, Allotment Date

Chandan Healthcare SME IPO Time Table (Tentative)
IPO Open Date 10 February 2025
IPO Close Date 12 February 2025
Basis of Allotment Date 13 February 2025
Initiation of Refunds 14 February 2025
Credit of Share to Demat Account 14 February 2025
IPO Listing Date 17 February 2025

Financial Report

Period Ended Assets
(₹ in Lakh)
Revenue
(₹ in Lakh)
P A T
(₹ in Lakh)
Borrowings
(₹ in Lakh)
31 December 2024 17,006.26 16,798.82 1,741.99 5192.32
31 March 2024 12,886.38 17,795.86 1,635.50 4201.27
31 March 2023 9,782.50 13,702.92 358.63 2135.50
31 March 2022 8,122.75 11,991.58 -109.26 1658.08
Period Ended 31 Dec. 2024 31 March 2024 31 March 2023 31 March 2022
Assets 17,006.26 12,886.38 9,782.50 8,122.75
Revenue 16,798.82 17,795.86 13,702.92 11,991.58
P A T 1,741.99 1,635.50 358.63 -109.26
Borrowings 5192.32 4201.27 2135.50 1658.08
Amount in ₹ Lakh

Company Promotor & Promotor’s Holding

Amaranita Holdings (India) Private Limited, Amar Singh, Asmita Singh, Alok Singh, Shaleen Solanki, Vijay Singh and Vinay Lamba are the promoter of company.

Pre Issue Promotor Holding 69.96%
Post Issue Promotor Holding  

Company Address

Chandan Healthcare Limited

Biotech Park, Sector G, Jankipuram, Kursi Road, Lucknow-226021

Phone: +91 8429024430

Email: secretarial@chandan.co.in

Website: https://www.chandandiagnostic.com/

IPO Registrar, Lead Manager, Prospectus

Chandan Healthcare SME IPO Prospectus
Chandan Healthcare SME IPO Registrar
Kfin Technologies Limited
Chandan Healthcare SME IPO Lead Manager
Unistone Capital Pvt Ltd
Scroll to Top