Chandan Healthcare IPO description – Chandan Healthcare operates a diagnostic network in North India. It offers both pathology and radiology testing services. The company owns one flagship laboratory, seven central laboratories, 26 satellite centers, and over 300 collection centers, with facilities spanning more than 15 cities and towns across Uttar Pradesh and over 10 cities and towns in Uttarakhand.
Of these laboratories, eight are accredited by the National Accreditation Board for Testing and Calibration Laboratories (NABL), while three diagnostic centers have received accreditation from the National Accreditation Board for Hospitals & Healthcare Providers (NABH). Chandan Healthcare provides a comprehensive range of 1,118 tests across various specialties. The test menu includes 169 routine pathology tests, such as basic biochemistry and hematology, 713 specialized pathology tests, and 236 radiology tests, including x-rays, ultrasounds, MRIs, and CT scans.
A substantial portion of the company’s revenue comes from the B2C segment, primarily from patients who visit its diagnostic labs, and collection centers. As of 31 August 2024, Chandan Healthcare employs a team of 14 radiologists, 25 pathologists, and more than 161 qualified professionals.
Promoters of Chandan Healthcare – Amaranita Holdings (India) Private Limited, Mr. Amar Singh, Mrs. Asmita Singh, Mr. Alok Singh, Mr. Shaleen Solanki, Mr. Vijay Singh, and Mr. Vinay Lamba.
Table of Contents
Chandan Healthcare IPO Details
| Chandan Healthcare IPO Dates | 10 – 12 February 2025 |
| Chandan Healthcare Issue Price | INR 151 – 159 per share |
| Fresh issue | 44,52,064 shares (INR 67.23 – 70.79 crore) |
| Offer For Sale | 22,99,936 shares (INR 34.73 – 36.57 crore) |
| Total IPO size | 67,52,000 shares (INR 101.96 – 107.36 crore) |
| Minimum bid (lot size) | 800 shares (INR 1,27,200) |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | NSE EMERGE |
Chandan Healthcare Financial Performance
| FY 2022 | FY 2023 | FY 2024 | 9M FY 2025 | |
| Revenue | 119.56 | 136.89 | 176.59 | 167.47 |
| Expenses | 120.98 | 132.02 | 156.50 | 144.58 |
| Net income | (1.11) | 3.37 | 16.28 | 16.15 |
Chandan Healthcare Offer News
- Chandan Healthcare RHP
- Chandan Healthcare Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- Highest SME IPO Subscription in 2024
Chandan Healthcare Valuations & Margins
| FY 2022 | FY 2023 | FY 2024 | |
| EPS | (0.55) | 1.68 | 8.14 |
| PE ratio | – | – | 18.55 – 19.53 |
| RONW (%) | (4.63) | 12.34 | 39.61 |
| NAV | 11.97 | 13.65 | 20.55 |
| ROCE (%) | 1.34 | 15.51 | 35.04 |
| EBITDA (%) | 1.80 | 6.77 | 14.78 |
| Debt/Equity | 0.69 | 0.78 | 1.02 |
Chandan Healthcare IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 10 February 2025 | 11 | – | 7,000 |
| 8 February 2025 | 13 | – | 7,500 |
| 7 February 2025 | 15 | – | 9,000 |
Chandan Healthcare IPO Subscription – Live Updates
The market maker reservation portion of 3,39,200 shares and anchor investor portion of 18,48,800 shares are not included in the above calculations.
Chandan Healthcare IPO Allotment Status
Chandan Healthcare IPO allotment status will be available on Kfin Technologies’ website. Click on this link to get allotment status.
Chandan Healthcare IPO Dates & Listing Performance
| IPO Opening Date | 10 February 2025 |
| IPO Closing Date | 12 February 2025 |
| Finalization of Basis of Allotment | 13 February 2025 |
| Initiation of refunds | 14 February 2025 |
| Transfer of shares to demat accounts | 14 February 2025 |
| IPO Listing Date | 17 February 2025 |
| Opening Price on NSE SME | Coming soon |
| Closing Price on NSE SME | Coming soon |
Chandan Healthcare Offer Lead Manager
UNISTONE CAPITAL PRIVATE LIMITED
A/305, Dynasty Business Park, Andheri Kurla Road,
Andheri East, Mumbai 400059, Maharashtra
Phone: 022 4604 6494
Email: [email protected]
Website: www.unistonecapital.com
Chandan Healthcare Offer Registrar
KFIN TECHNOLOGIES LIMITED
Selenium Tower – B, Plot 31 & 32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad – 500 032, Telangana
Telephone: +91 40 6716 2222
Email: [email protected]
Website: www.kfintech.com
Chandan Healthcare Issue Contact Details
CHANDAN HEALTHCARE LIMITED
Biotech Park, Sector G, Jankipuram,
Kursi Road, Lucknow- 226021,
Uttar Pradesh, India
Phone: +91 8429024430
E-mail: [email protected]
Website: www.chandandiagnostic.com
IPO FAQs
What is Chandan Healthcare offer size?
Chandan Healthcare offer size is INR 101.96 – 107.36 crores.
What is Chandan Healthcare offer price band?
Chandan Healthcare public offer price is INR 151 – 159 per share.
What is the lot size of Chandan Healthcare IPO?
Chandan Healthcare offer lot size is 800 shares.
What is Chandan Healthcare IPO GMP today?
Chandan Healthcare IPO GMP today is INR 11 per share.
What is Chandan Healthcare kostak rate today?
Chandan Healthcare kostak rate today is INR NA per application.
What is Chandan Healthcare IPO Subject to Sauda rate today?
Chandan Healthcare’s Subject to Sauda rate today is INR 7,000 per application.