
Nidan Laboratories and Healthcare Limited IPO
NSE SME₹125,000 / 1000 Shares
Nidan Laboratories and Healthcare Limited IPO Details
The Nidan Laboratories and Healthcare Limited IPO price band is set between ₹125 per equity share, with a face value of ₹10 per share. The issue is managed by Bigshare Services Pvt Ltd, and the equity shares are proposed to be listed on the NSE SME.
The IPO date for subscription opens on 28 Oct, 2021 and closes on 2 Nov, 2021. Investors can check the allotment status on 10 Nov, 2021, while the listing date is tentatively scheduled for 12 Nov, 2021.
The total issue size is 4,000,000 Eq Shares of ₹10 , aggregating up to ₹50.00 Cr. Stay tuned for the latest Nidan Laboratories and Healthcare Limited IPO review and GMP updates.
Nidan Laboratories and Healthcare Limited IPO Review, Rating & Analysis
Nidan Laboratories and Healthcare Limited IPO Review
NO REVIEWNidan Laboratories and Healthcare Limited IPO Rating
Nidan Laboratories and Healthcare Limited IPO Highlights
IPO Date
Oct 28, 2021 - Nov 2, 2021
Listing Date
12 Nov, 2021
Face Value
₹10 Per Equity Share
Price Band
₹125 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
NSE SME
Nidan Laboratories and Healthcare Limited IPO Lot Size
The minimum market lot for Nidan Laboratories and Healthcare Limited IPO is 1000 shares with an application amount of ₹1,25,000. Retail investors can apply for up to 1 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1000 | ₹1,25,000 |
| Retail (Max) | 1 | 1000 | ₹1,25,000 |
| S-HNI (Min) | 2 | 2000 | ₹2,50,000 |
| S-HNI (Max) | 8 | 8000 | ₹10,00,000 |
| B-HNI (Min) | 9 | 9000 | ₹11,25,000 |
Nidan Laboratories and Healthcare Limited IPO Timeline
Issue Price
₹125 per equity shareFace Value
₹10 Per Equity ShareListing at Group
NSE SMERegistrar
Bigshare Services Pvt LtdLead Manager
First Overseas Capital LimitedIssue Size
4,000,000 Eq Shares of ₹10 (aggregating up to ₹50.00 Cr)Nidan Laboratories and Healthcare Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Mar 21 | 52.43 | 21.85 | 2.30 | - | - | - |
| 31 Mar 20 | 45.20 | 22.19 | 0.71 | - | - | - |
| 31 Mar 19 | 43.05 | 20.97 | 0.22 | - | - | - |
All values are in ₹ Cr.
Promoters & Share Holding
Promoter(s) Name
- Dr. Nithin Vitthalrao Thorave
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 99.99% | 71.22% |
About Company
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)." This unique app enables patients to book appointments for any test, from anywhere, at any time. The company has also tied up with pathology partners like Metropolis Laboratories Limited for its services.
Nidan Laboratories and Healthcare Limited IPO Subscription Details
| As on | QIB/NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 19,00,000 | 19,00,000 | 38,00,000 |
Day 1 -28-10-21 06:00 PM | 0.01 x | 1.13 x | 0.57 x |
Day 2 -29-10-21 06:00 PM | 0.02 x | 1.81 x | 0.91 x |
Day 3 -01-11-21 06:00 PM | 0.14 x | 2.74 x | 1.44 x |
Day 4 -02-11-21 06:00 PM | 0.15 x | 3.44 x | 1.80 x |
Frequently Asked Questions about Nidan Laboratories and Healthcare Limited IPO IPO
When will Nidan Laboratories and Healthcare Limited IPO open for subscription?
The Nidan Laboratories and Healthcare Limited IPO opens on 28 Oct, 2021 and closes on 2 Nov, 2021.
What is the investors portion for Nidan Laboratories and Healthcare Limited IPO?
The investors' portion for QIB is , NII is N/A, and Retail is 1900000.
How to apply for Nidan Laboratories and Healthcare Limited IPO?
You can apply for Nidan Laboratories and Healthcare Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Nidan Laboratories and Healthcare Limited IPO?
The issue size of Nidan Laboratories and Healthcare Limited IPO is approx ₹4,000,000 Eq Shares of ₹10 (aggregating up to ₹50.00 Cr) crores.
What is the price band of Nidan Laboratories and Healthcare Limited IPO?
The price band for Nidan Laboratories and Healthcare Limited IPO is ₹125 per equity share to ₹undefined.
What is the lot size of Nidan Laboratories and Healthcare Limited IPO?
The minimum bid (lot size) for Nidan Laboratories and Healthcare Limited IPO is N/A shares with an investment of approx ₹125,000 .
What is the allotment date of Nidan Laboratories and Healthcare Limited IPO?
The allotment date for Nidan Laboratories and Healthcare Limited IPO is 10 Nov, 2021.
What is the listing date of Nidan Laboratories and Healthcare Limited IPO?
The listing date for Nidan Laboratories and Healthcare Limited IPO is expected to be 12 Nov, 2021.
What is the GMP of Nidan Laboratories and Healthcare Limited IPO?
The latest Grey Market Premium (GMP) for Nidan Laboratories and Healthcare Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.
