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Home > IPO Details

Chandan Healthcare Limited

10 Feb 2025 - 12 Feb 2025 Individual Category SME NSE
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Min Investment

₹127200

Price Band

₹151-₹159

Issue Size

49.03 lakhs
Equity Shares

Lot Size

800

IPO Dates
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10 Feb 2025

Open Date

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12 Feb 2025

Close Date

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13 Feb 2025

Allotment Date

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17 Feb 2025

Listing Date

Chandan Healthcare IPO open date is from 10 February 2025 to 12 February 2025. This new IPO is a book-built issue of 49.03 lakh 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.

Know Before Investing

Strengths icon

  • Extensive network of 300+ centers across two states.
  • Comprehensive test menu offering 2041 diagnostic services.
  • Strong presence in tier-two cities with integrated services.

Weaknesses icon

  • Geographic concentration limited to only two northern states.
  • Limited number of specialised medical professionals (38 total).
  • Heavy dependence on North Indian market for growth

About Chandan Healthcare Limited

Chandan Healthcare Limited, incorporated in 2003, is a healthcare service provider in 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.

Founded

2003

Managing Director

Dr Amar Singh and Asmita Singh

Parent Organization

-

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, a 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.

Company Promoters

Amaranita Holdings (India) Private Limited

Amar Singh

Asmita Singh

Alok Singh

Shaleen Solanki

Vijay Singh

Vinay Lamba.

Subscription Details

Investor Category Subscription (times)
Qualified Institutions 0
Non-Institutional Buyers 0
bNII (bids above ₹10L) 0
sNII (bids below ₹10L) 0
Retail Investors 0
Employees 0
Others 0
Total 0
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