58  Total SME IPOs listed in 2025

2,593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

Chandan Healthcare Limited IPO (Chandan Healthcare IPO) Detail

Chandan Healthcare IPO is a book build IPO listing on NSE EMERGE exchange. The company is based in Lucknow and caters to Healthcare - Hospitals And Clinic sector. Unistone Capital Private is the merchant banker of Chandan Healthcare IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 28th September 2024.

Chandan Healthcare IPO open date is 10th February 2025 and close date is 12th February 2025. IPO Allotment Date is 13th February 2025 and Listing date is 17th February 2025.

IPO Category : SME
Exchange : NSE EMERGE
Issue Type : Book Building

Chandan Healthcare IPO Date

Date of DRHP:
28th September 2024
IPO Allotment Date:
13th February 2025
IPO Open Date:
10th February 2025
Initiation of Refund:
14th February 2025
IPO Closing Date:
12th February 2025
IPO Listing Date:
17th February 2025

Chandan Healthcare IPO Info, Size, Subscription

Chandan Healthcare IPO size is Rs 107.36 Cr. crores with IPO price of Rs 159.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.

IPO Size :
₹ 107.36 Cr.

Issue Price:
₹ 159.00

Market Capitalisation :
₹ 388.79 Cr.

PE multiple :
16.74

Subscription :
7.04 times

Pre Issue Promoter Holding :
69.96 %

Post Issue Promoter Holding :
49.20%

Chandan Healthcare IPO Information

Sub Sector : Diagnostic service provider in the northern region. It covers pathological and radio-logical testing services
Chandan Healthcare run a diagnostic network in North India with pathology and radiology testing services. As of August 31, 2024, they have one flagship laboratory, seven central laboratories, twenty-six satellite centres, more than three hundred collection centres and located across their India, with facilities in more than 15 cities and towns across Uttar Pradesh and more than 10 cities and towns in Uttarakhand. Out of their various laboratories, eight are National Accreditation Board for Testing and Calibration Laboratories (“NABL”) accredited while three of our diagnostic centres have National Accreditation Board for Hospitals & Healthcare Providers (“NABH”) accreditation. In Fiscal 2024 they carried out around 61.77 lakhs tests on about 15.64 lakh patients’ where we derived about 67.74% of the revenue from their operations in regions
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Object of Issue (Chandan Healthcare IPO Objectives)

  • Setting up of a new Flagship Diagnostic Centre in Jankipuram, Lucknow, Uttar Pradesh
  • Setting up of a new Central Reference laboratory at Ayodhya, Uttar Pradesh
  • Setting up of a new Central Reference laboratory at Ashiyana, Lucknow, Uttar Pradesh.
  • General corporate purposes

Unistone Capital Private Limited is the book-running lead manager of the Chandan Healthcare IPO. Kfin Technologies Limited is the Registrar and Market Maker is R.K.Stock Holding Private Limited for Chandan Healthcare IPO.

Chandan Healthcare IPO Market Maker

R.K.Stock Holding Private Limited

Chandan Healthcare IPO Registrar (RTA)

Kfin Technologies Limited

Chandan Healthcare IPO Lead Manager (BRLM)

Unistone Capital Private Limited

Chandan Healthcare IPO anchor investors are the below investors. The number of anchor investors in this IPO is 14.

Anchor Investors in Chandan Healthcare IPO

No. of Anchor Investors: 14

Anchor Investor Name   No. of shares Allotted Offer Price (in Rs.) Amount Invested (in Rs.)
Negen Undiscovered Value 252,000.00 ₹159.00 ₹40,068,000.00
YR Investment Opportunities 188,800.00 ₹159.00 ₹30,019,200.00
Saint Capital Fund 188,800.00 ₹159.00 ₹30,019,200.00
Necta Bloom VCC- 188,800.00 ₹159.00 ₹30,019,200.00
Nakshatra Stressed Assets 126,400.00 ₹159.00 ₹20,097,600.00
Rajasthan Global Securities 94,400.00 ₹159.00 ₹15,009,600.00
Kingsman Wealth Fund 84,000.00 ₹159.00 ₹13,356,000.00
BFLY India Opportunities 63,200.00 ₹159.00 ₹10,048,800.00
ARROW EMERGING OPPORTUNITIES 63,200.00 ₹159.00 ₹10,048,800.00
Ashika Global Securities 63,200.00 ₹159.00 ₹10,048,800.00
Niveshaay Hedgehogs Fund 63,200.00 ₹159.00 ₹10,048,800.00
Divine AIF Trust- 63,200.00 ₹159.00 ₹10,048,800.00
Vardan Signature Growth 94,400.00 ₹159.00 ₹15,009,600.00
Fortune Hands Growth 315,200.00 ₹159.00 ₹50,116,800.00

Chandan Healthcare IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.

What is Chandan Healthcare IPO?

Chandan Healthcare IPO, based in Lucknow, operates in the   Healthcare - Hospitals And Clinic sector with a focus on Diagnostic service provider in the northern region. It covers pathological and radio-logical testing services. The company is launching its SME IPO on the NSE EMERGE exchange, using the Book Building Issue method. Chandan Healthcare IPO size is ₹ 107.36 Cr. Crores with fresh issue size of Rs 107.36 Cr. Crores and Offer for sale being 107.36..

When is Chandan Healthcare IPO allotment?

The IPO allotment date for Chandan Healthcare IPO is expected to be 13th February 2025, after the finalization of basis of allotment. Investors can check Chandan Healthcare IPO allotment status on the registrars website, Kfin Technologies Limited. Chandan Healthcare IPO refund dates are 14th February 2025.

When is Chandan Healthcare IPO listing date?

Chandan Healthcare IPO is expected to be listed on 17th February 2025.

What is the price band for Chandan Healthcare IPO?

The upper price band for the Chandan Healthcare IPO is set at ₹ 159.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.

What is Chandan Healthcare IPO Review?

For IPO analysis on Chandan Healthcare IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.

How to Apply for Chandan Healthcare IPO?

To apply for the Chandan Healthcare IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 12th February 2025. After submission, funds are blocked until the basis of allotment of Chandan Healthcare IPO is finalised.

Who is the merchant banker of Chandan Healthcare IPO?

The merchant banker for Chandan Healthcare IPO is Unistone Capital Private Limited . Unistone Capital Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Chandan Healthcare IPO RHP for further details.

Who is the Registrar of Chandan Healthcare IPO?

The registrar for Chandan Healthcare IPO is Kfin Technologies Limited. Investors can go to Kfin Technologies Limited registrar website for IPO allotment status, refund processing, and other queries related to Chandan Healthcare IPO through their official website or helpline.

What is the Chandan Healthcare IPO subscription?

Chandan Healthcare IPO was subscribed 7.04 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.

IPO Key Highlights

  • IPO Size: ₹ 107.36 Cr. Avg IPO Size (Sector Based) : ₹ 31.74 Cr.
  • Sector: Healthcare - Hospitals And Clinic SME IPO so far: 13
  • Merchant Banker: Unistone Capital SME IPO by BRLM so far: 47
  • City: Lucknow SME IPO so far: 2
  • Revenue (annualised): ₹ 223.65 cr.
            PAT: (annualised): ₹ 21.53 cr.
  • PE Ratio: 16.74x Average Sector PE Ratio: 24.63x
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FAQs

Chandan Healthcare IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Chandan Healthcare Financial Review Page

Chandan Healthcare IPO subscription was 7.04 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Chandan Healthcare IPO listed at a listing price of 165.10 against the offer price of 159.00.

The current market price of Chandan Healthcare is 202.00.

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