Chandan Healthcare Limited IPO GMP

Chandan Diagnostics is committed to delivering unparalleled diagnostic services of international standards, ensuring complete customer satisfaction and fostering a healthier society. With a vast network comprising more than 50 centres, along with 500 collection centres strategically positioned across Uttar Pradesh and Uttarakhand, Chandan Diagnostics boasts a formidable presence in the region. 

Chandan Healthcare, an Book Built Issue amounting to ₹ 107.36 Crores, consisting an Fresh Issue of 44.52 Lakh Shares worth ₹ 70.78 Crores and an Offer for Sale of 22.99 Lakh Shares totaling to ₹ 36.56 Crores. The subscription period for the Chandan Healthcare IPO opens on February 10, 2025, and closes on February 12, 2025. The allotment is expected to be finalized on or about Thursday, February 13, 2025, and the shares will be listed on the NSE SME with a tentative listing date set on or about Monday, February 17, 2025.

The Share price band of Chandan Healthcare IPO is set at ₹ 151 to ₹ 159 per equity share. The Market Capitalisation of the Chandan Healthcare Limited at IPO price of ₹ 159 per equity share will be ₹ 388.78 Crores. The lot size of the IPO is 800 shares. Retail investors are required to invest a minimum of ₹ 1,27,200, while the minimum investment for High-Net-Worth Individuals (HNIs) is 2 lots (1,600 shares), amounting to ₹ 2,54,400.

UNISTONE CAPITAL PRIVATE LIMITED is the book running lead manager of the Chandan Healthcare IPO, while KFin Technologies Limited is the registrar for the issue. R.K. Stockholding Private Limited is the Market Maker for Chandan Healthcare IPO.

Chandan Healthcare Limited IPO GMP Today
The Grey Market Premium of Chandan Healthcare Limited IPO is expected to be ₹ 23 based on the financial performance of the company. No real trading is done on the basis of Grey Market Premium that's why no real discovery of price can be done before the listing of shares on the stock exchange. The Grey Market Premium totally depends upon the Demand and Supply of the shares of the company in unorganized manner which is not recommended. The Grey Market Premium is mentioned for educational and informational purposes only.

Chandan Healthcare Limited IPO Live Subscription Status Today: Real-Time Update
As of 08:04 PM on 12 February, 2025, the Chandan Healthcare IPO live subscription status shows that the IPO subscribed 6.62 times on its Last day of subscription period. Check the Chandan Healthcare IPO Live Subscription Status Today at NSE.

Chandan Healthcare IPO Anchor Investors Report
Chandan Healthcare has raised ₹ 29.39 Crores from Anchor Investors at a price of ₹ 159 per shares in consultation of the Book Running Lead Managers. The company allocated 18,48,800 equity shares to the Anchor Investors. Check Full List of Chandan Healthcare Anchor Investor List.

Note:- Equity Shares allotted to Anchor Investors (if any) are allotted from Qualified Institutional Buyers (QIBs) reservation portion.
Note:- The Number of shares offered shown IPO subscription section table is calculated at the lower end of the price band and Number of shares calculated in IPO details table section is calculated at upper end of the price band in case of Book Building Issue, so there can be difference. This is because we assume shares will be issued by the company at upper band as Anchor Investors also subscribe at upper band and shares will be issued at lower band only if in case of undersubscription of IPO.
Note:- Market Maker portion (if any) are not shown separately in subscription table and included in NIIs reservation portion

Chandan Healthcare Limited Day Wise IPO GMP Trend

Chandan Healthcare Limited IPO Allotment Date - Step by Step Guide to Check Allotment Status Online
Chandan Healthcare IPO allotment date is 13 February, 2025, Friday. Chandan Healthcare IPO Allotment will be out on 13 February, 2025 and will be live on Registrar Website from the allotment date. Check Chandan Healthcare IPO Allotment Status here. Here's how you can check the allotment status:
- Navigate to the IPO allotment status page.
- Select Chandan Healthcare Limited IPO from the dropdown list of IPOs
- Enter your application number, PAN, or DP Client ID
- Submit the details to check your allotment status.
By following either of these methods, investors can quickly determine their allotment status and proceed accordingly with their investments.

Objectives of Chandan Healthcare Limited IPO
Chandan Healthcare proposes to utilise the Net Proceeds towards the following objects: 
1. ₹ 3,281.58 Lakhs is required for Setting up of a new Flagship Diagnostic Centre in Jankipuram, Lucknow, Uttar Pradesh.
2. ₹ 710.23 Lakhs is required for Setting up of a new Central Reference laboratory at Ayodhya, Uttar Pradesh
3. ₹ 710.11 Lakhs is required for Setting up of a new Central Reference laboratory at Ashiyana, Lucknow, Uttar Pradesh.
4. General corporate purposes

Refer to Chandan Healthcare Limited RHP for more details about the Company.