Chandan Healthcare IPO aims to raise Rs 107.36 Crores through this offering, with a fresh issue of Rs 70.79 Crores and 36.57 Crore through offer for sale. The face value of the equity shares Rs 10 each, with a price band ranging from Rs 151 to Rs 159 per share. The minimum order quantity is 800 shares, translating to a minimum investment of Rs 127200. Retail quota is not less then 35%, QIB is not more then 50% and HNI is not less then 15%. Chandan Healthcare IPO List on NSE on 17 February 2025.
The book running lead manager for this IPO is Unistone Capital Private Limited, ensuring a smooth and efficient process for all investors. ICICI Bank Limited have been appointed as the sponsor bank, providing support for the IPO’s financial transactions. Additionally, the official registrar for the IPO is KFIN Technologies Limited, offering reliable services for all share-related processes.
Chandan Healthcare IPO Key Dates
Chandan Healthcare IPO Open Date is 10 February and Close Date is 12 February 2025.
| IPO Open Date | 10-Feb-2025 |
| IPO Close Date | 12-Feb-2025 |
| Allotment | 13-Feb-2025 |
| Credit of Shares | 14-Feb-2025 |
| Listing Date | 17-Feb-2025 |
Chandan Healthcare IPO Financial Information
All the figures below are in Crores.
| 31-Dec-2024 | 31-Mar-2024 | 31-Mar-2023 | 31-Mar-2022 | |
|---|---|---|---|---|
| Assets | 170 | 128.8 | 978.2 | 812.2 |
| Borrowing | 51.9 | 42.0 | 21.3 | 16.5 |
| Reserve & S. | 34.3 | 21.1 | 7.3 | 4 |
| Income | 167.9 | 177.9 | 137.0 | 119.9 |
| Expenses | 144.5 | 156.4 | 132.0 | 120.9 |
| PBT | 23.4 | 21.4 | 5.0 | (1) |
| PAT | 17.4 | 16.3 | 3.5 | (1) |
Chandan Healthcare IPO Key Indicators
All the figures provided below are based on the financial statement as of March 31 2024
| EPS(D) | 8.14 |
| RoNW | 39.54% |
| NAV | 20.58 |
| PAT Margin | 9.26% |
| P/E(D) | 19.44 |
| ROE | 47.50% |
| ROCE | 35.20% |
| Debt/Equity | 1.02 |
Chandan Healthcare IPO Peer Comparison
| EPS | RoNW | NAV | P/E | |
|---|---|---|---|---|
| Chandan Healthcare | 8.14 | 39.54% | 20.58 | – |
| Vijaya Diagnostic | 11.59 | 19.91% | 64.21 | 87.75 |
| Dr. Lal Pathlabs | 46.18 | 20.61% | 221.61 | 62.34 |
| Metropolis Healthcare | 24.87 | 12.33% | 214.01 | 72.18 |
Chandan Healthcare IPO Management
| Name | Designation |
|---|---|
| Amar Singh | Chairman and Managing Director |
| Asmita Singh | Managing Director |
| Vinay Lamba | Non-Executive Director |
| Amit Gupta | Non- Executive Independent Director |
| Brahma Nand Bhartiya | Non- Executive Independent Director |
Object of the Issue
The Company proposes to utilize the Net Proceeds from the Offer towards the following objects:
1. Setting up of a new Flagship Diagnostic Centre in Jankipuram, Lucknow, Uttar Pradesh.
2. Setting up of a new Central Reference laboratory at Ayodhya, Uttar Pradesh
3. Setting up of a new Central Reference laboratory at Ashiyana, Lucknow, Uttar Pradesh.
4. General corporate purposes
BOOK RUNNING LEAD MANAGER
UNISTONE CAPITAL PRIVATE LIMITED
A/305, Dynasty Business Park, Andheri Kurla Road, Andheri East, Mumbai 400059, Maharashtra, India
Telephone: 022 4604 6494
Email: mb@unistonecapital.com
Website: www.unistonecapital.com
Investor grievance email: compliance@unistonecapital.com
Contact Person: Brijesh Parekh
SEBI registration number: INM000012449
CIN: U65999MH2019PTC330850
REGISTRAR TO THE OFFER
KFin Technologies Limited
Selenium Tower-B, Plot 31 & 32, Gachibowli, Financial District, Nanakramguda, Serilingampally,
Hyderabad – 500 032, Telangana
Telephone: +91 40 6716 2222
Email: chl.ipo@kfintech.com
Investor grievance email: einward.ris@kfintech.com
Contact Person: M Murali Krishna
Website: www.kfintech.com
SEBI Registration Number: INR000000221
