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Chandan Healthcare IPO
3.37xsubscribed

Chandan Healthcare IPO

Hospital & Healthcare Services
listed
₹1.21LMin. investment

Chandan Healthcare Limited IPO Details

SectorHospital & Healthcare Services
Price range₹151 – ₹159
IPO type
SME
Lot size800 shares
Issue size₹107Cr
Red Herring Prospectus
Read
Market cap
₹388.79CrLower than sector avg
RevenueApr 2023 - Mar 2024
₹176.59CrLower than sector avg
Growth rate3Y CAGR
13.88%

Chandan Healthcare IPO Subscription Status

Date
QIB
NII
Retail
Total
10-Feb-25
0.0 times (X)
0.0 times (X)
0.3 times (X)
0.15 times (X)
11-Feb-25
0.0X
0.0X
0.8X
0.4X
12-Feb-25
7.58X
0.0X
2.4X
3.37X

As on 10-Feb-25, 5:30 PM

Chandan Healthcare IPO Timeline

  1. Pre-apply
    7 Feb 2025
  2. Bid start
    10 Feb 2025
  3. Bid end
    12 Feb 2025
  4. Allotment
    13 Feb 2025
  5. Release of funds
    14 Feb 2025
  6. Demat transfer
    14 Feb 2025
  7. Listing
    17 Feb 2025

About Chandan Healthcare Limited

Chandan Healthcare Limited operates a diagnostic network in North India, offering pathology and radiology services. It has 1 flagship lab, 7 central labs, 26 satellite centers, and over 300 collection centers. The company provides 169 routine pathology and 713 specialized tests, along with 236 radiology tests using advanced equipment like 11 CT scanners and 4 MRIs. Focused on B2C, it relies on brand reputation and efficient sample collection. The company employs over 200 professionals and invests in technology to maintain high standards and expand its reach.

Checklist

Quality analysis
Revenue growth
Company valuation
Earnings expansion
Risk analysis
Debt to Equity ratio
Promoter holdings
Shares pledged
The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

Objectives of Chandan Healthcare Limited IPO

Setting up of a new flagship diagnostic centre
46.34%
₹32.81 Cr will be spent on setting up a new flagship diagnostic center in Jankipuram, UP.
Business expansion
20.05%
₹7.10 Cr each will be spent on setting up Central Reference labs in Ayodhya and Ashiyana, UP.
General corporate purposes
Not assigned
The company will use part of its net IPO proceeds for general corporate purposes.

Compare

CompanyRevenue*3Y growthPATMarket capP/E ratioD/E ratio
This IPO₹176.59Cr13.88%₹16.35Cr₹388.79Cr19.531.02
This sector (avg.)₹810.55Cr---₹87.66Cr₹10,075.9Cr55.140.40
₹21,794Cr---₹1,472.1Cr₹1,00,081.3Cr59.860.96
₹7,028.46Cr---₹1,075.88Cr₹93,096.78Cr68.940.32
₹7,782.75Cr---₹809.39Cr₹64,284.69Cr63.430.28

*Revenue for financial year 2023-24. Lower P/E and D/E ratios are generally preferred.

Chandan Healthcare IPO Contact Details

Company NameChandan Healthcare Limited

How to apply for Chandan Healthcare IPO?

  1. Step 1

    Log in to your Upstox account to access IPO investments. Next, select the current IPO section.

  2. Step 2

    Specify IPO details. Enter the number of lots and the price you wish to apply for.

  3. Step 3

    Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

  4. Step 4

    Mandate Notification. Your UPI app will receive a mandate notification to block funds.

  5. Step 5

    Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

Chandan Healthcare Limited IPO FAQs