Chandan Healthcare IPO GMP Live, Open Date, Close Date, Price Band

Chandan Healthcare IPO open date is from 10 February 2025 to 12 February 2025. This new IPO is a book-built issue of 67,52,000 equity shares worth up to Rs 107.36 crores of equity shares. This upcoming IPO is offering a combination of fresh issues and offers for sale.

The fresh issue of up to 44,52,064 equity shares amounting to Rs 70.79 crore, and offers for sale of up to 22,99,936 equity shares amounting to Rs 36.57 crore. 

Chandan Healthcare IPO price band is Rs 151 – Rs 159 per share. As of now, Chandan Healthcare IPO live GMP is at 0, indicating neutral sentiment among investors for this IPO.

Chandan Healthcare IPO lot size is 800 shares, and the allotment status will be finalised on Thursday, 13 February 2025, the minimum investment for retail investors is 1 lot, which is Rs 1,27,200. The registrar for Chandan Healthcare IPO is Kfin Technologies Limited. The listing date is Monday, 17 February 2025.

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Chandan Healthcare IPO GMP Live

Chandan Healthcare IPO GMP is at Rs 0. The IPO GMP today indicates the huge interest of retail investors. It is expected that the listing price can be the same as the allotment price, which is Rs 159 per share. You can check the latest IPO Grey Market Premium today online.

If the subscription is oversubscribed, then Chandan Healthcare IPO GMP might rise in the coming days. Chandan Healthcare IPO GMP Live status will indirectly impact the sentiments of the IPO investors. If the Grey Market Premium is quoting at 10% to 15% or above, then the possibility of the oversubscription increases.

However, if the Live IPO GMP quotes are below 10% premium, then most investors tend to lose interest in applying for the IPO and the probability of the under-subscription increases. Here, in the Chandan Healthcare IPO, GMP is expected to quote the initial ticks at a premium of 10% or above.

Chandan Healthcare IPO Price Band

Chandan Healthcare IPO price band is Rs 151 – Rs 159 per share. The minimum amount required for retail investors to participate in this IPO is Rs 1,27,200 (159 x 800 shares). However, for the HNI category, the minimum investment amount required is 2,54,400 (159 x 1600 shares).

Chandan Healthcare Allotment Status

Chandan Healthcare IPO Allotment status will be available on its registrar Kfin Technologies Limited website on Thursday, 13 February 2025. Once the subscription ends after the closing of IPO bidding, the allotment status of investors who applied for IPO will be available on the registrar's website.

Chandan Healthcare Listing Date

Chandan Healthcare IPO listing date has been decided on Monday, 17 February 2025. The Listing will be on the NSE SME platform. Retail investors can sell the shares after 10 AM on the listing day.

Chandan Healthcare IPO: Listing Date, Lot Size, Issue Size, Price Band

Chandan Healthcare IPO: About the Company

Chandan Healthcare Limited, incorporated in 2003, is a healthcare service provide Uttar Pradesh based. The company offers various services, including diagnostics, pharmacies, hospitals, and medical education. Chandan Healthcare serves over 3 million patients annually.

The organisation boasts a network of more than 50 diagnostic centres and 500 collection points across Uttar Pradesh, Uttarakhand, and Rajasthan.

They over various specialities, such as radiology, cardiology, oncology, and neurology. Chandan Healthcare operates a multi-speciality hospital in Lucknow.

Chandan Healthcare IPO Objectives

Chandan Healthcare IPO objectives include utilising the funding received from the fresh issue into setting up various centers that is new Flagship Diagnostic Centre in Jankipuram, Lucknow, Uttar Pradesh, new Central Reference laboratory at Ayodhya, Uttar Pradesh and a new Central Reference laboratory at Ashiyana, Lucknow, Uttar Pradesh and further to meet general corporate purposes.

Chandan Healthcare IPO: Key Dates, Allotment, Listing Date

Chandan Healthcare IPO Subscription status, IPO Reservation

Chandan Healthcare IPO subscription reservations are as follows: not more than 50% of the net issue is reserved for QIB (Qualified Institutional Buyers), not less than 35% for the retail investors and not more than 15% for the HNI category is reserved.

Chandan Healthcare IPO Lot Size Details

Chandan Healthcare IPO lot size is set at 800 shares per lot. The minimum amount required for retail investors to participate in this IPO is Rs 1,27,200 (159 x 800 shares). However, for the HNI category, the minimum investment amount required is Rs 2,54,400 (159 x 1600 shares).

Chandan Healthcare IPO Promoter Holdings

Chandan Healthcare IPO promoter are Amaranita Holdings (India) Private Limited, Amar Singh, Asmita Singh, Alok Singh, Shaleen Solanki, Vijay Singh and Vinay Lamba. The promoter's combined shareholdings before the IPO was 69.96%; however, post-IPO, their shareholdings will decline.

Chandan Healthcare Limited Financials (Amt in Rs Cr)

Lead Manager and Registrar of Chandan Healthcare IPO

Chandan Healthcare's lead manager is Unistone Capital Private Limited. The company has appointed Kfin Technologies Limited as the registrar for this public issue.

How to apply to the Chandan Healthcare IPO

Interested investors who want to apply to the Chandan Healthcare IPO can directly apply from the Bigul trading app, or you can apply on the Bigul website here. You can also check the details of other upcoming IPO on the Bigul platform.

Chandan Healthcare IPO FAQs

1. What are the core details available of the Chandan Healthcare IPO?

Chandan Healthcare IPO is a book-built issue worth up to Rs 107.36 crores. The price band for this IPO is Rs 151 – Rs 159 per share. This upcoming IPO is offering a combination of a fresh issue of up to 44.52 lakh equity shares and an offer for sale of up to 22.99 lakh equity shares.

2. What is the Chandan Healthcare IPO open date and close date?

Chandan Healthcare IPO subscription opens on Monday, 10 February 2025, and closes on Wednesday, 12 February 2025.

3. What is Chandan Healthcare IPO GMP Live?

Chandan Healthcare IPO GMP is at Rs 0. The IPO GMP today indicates the huge interest of retail investors. It is expected that the listing price can be the same as the allotment price, which is Rs 159 per share. You can check the latest IPO Grey Market Premium today online.

4. How do you check the IPO Allotment status?

Chandan Healthcare IPO Allotment status is available on its registrar, Kfin Technologies Limited website. Once the subscription ends after the closing of IPO bidding, the allotment status of investors who applied for IPO will be available on the registrar's website.

5. Who are the registrar and lead managers of Chandan Healthcare IPO?

Chandan Healthcare's IPO lead manager is Unistone Capital Private Limited. The company has appointed Kfin Technologies Limited as the registrar for this public issue.

Also Read:

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• What is IPO GMP?
• Difference between IPO and FPO For Beginners
• Difference between SME IPO and Mainline IPO?