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Open
28 Oct to 2 Nov, 2021
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Close
28 Oct to 2 Nov, 2021
3
Allotment
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Listing
Fri, Nov 12, 2021
Price Band
₹125 per share
Issue Size
40,00,000 shares (agg. up to ₹50 Cr)
Lot Size
1,000 Shares
Listing Date
Fri, Nov 12, 2021
Latest GMP
₹0
✦ AI Insight
GMP Trend
27-10-2025₹0Est. ₹—+0%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.00x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Jun 2021 | 31 Mar 2021 | 31 Mar 2020 | 31 Mar 2019 |
|---|---|---|---|---|
| Assets | 54.33 | 52.44 | 45.21 | 43.06 |
| Total Income | 7.85 | 21.85 | 22.19 | 20.97 |
| Profit After Tax | 1.09 | 2.30 | 0.71 | 0.22 |
| NET Worth | 14.42 | 13.33 | 11.03 | 10.31 |
| Total Borrowing | 37.09 | 36.50 | 34.35 | 32.17 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Vijaya Diagnostic Centre Ltd. | Mainboard | ₹1,894.43 Cr | ₹531 | null | ₹620.10 | +16.78% | ₹1,412.50 (+1.77%) |
| Krsnaa Diagnostics Ltd. | Mainboard | ₹1,213.33 Cr | ₹954 | null | ₹987.00 | +3.46% | ₹546.85 (-0.39%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Repayment of Loans | 16.00 |
| 2 | Additional Working Capital | 26.00 |
| 3 | General Corporate Expenses | 4.40 |
| 4 | To meet the expenses of the Issue | 3.60 |
About Nidan Laboratories IPO
Incorporated in the year 2000, Nidan Laboratories and Healthcare Limited offer diagnostic services including radiology, neurology, cardiology, dental as well as pathology services. As of March 31, 2021, the company offered approximately 740 routine and 3000 specialized pathology tests and approximately 220 basic and 320 advanced radiology tests that cover a range of specialties and disciplines. The company provides pathology tests ranging from basic biochemistry and clinical pathology to cytogenetic and high-end molecular diagnostic tests, and radiology tests ranging from basic echocardiograms, X-Rays, and ultrasounds to advanced radiology tests including computerized tomography (CT) scans, magnetic resonance imaging (MRI) scans. The company also offers a broad spectrum of customized health and wellness packages to its customers and offers value-added services to its customers such as a home collection of specimens, house calls, and various delivery or access modes for test reports. Nidan has come out with a unique appointment booking mobile application under the name of "NIDAN HEALTHCARE" which is supported by self-indigenous software called "Nidan Operation Management (NOM)." Thi
Contact Details
Nidan Laboratories & Healthcare Ltd. AddressSwapnshilpa, Behind Aarti ApartmentVartak RoadPalagarMumbai, Maharashtra, 401303+91 8975610000cs@nidanhealthcare.co.inVisit Website