Nidan Laboratories IPO Date, Price, GMP, Review, Allotment, Subscription, Analysis & Documents
GMP
Subscription Status
Allotment Status
- About Nidan Laboratories and Healthcare
- Important Details – Nidan Laboratories and Healthcare
- Objects of the Issue
- Nidan Laboratories and Healthcare Limited Financials:
- Nidan Laboratories and Healthcare IPO Price – Details
- Nidan Laboratories and Healthcare IPO DRHP & RHP
- Nidan IPO Lot Size
- Nidan Laboratories and Healthcare IPO Lead Managers
- Nidan Laboratories IPO Registrar
- Nidan Laboratories and Healthcare IPO Allotment Date, Listing Date and other Important Dates
- Company Peers – Comparison of Accounting Ratios
- Company Registered Office
- Company Promoters
- Nidan Laboratories and Healthcare IPO – FAQS
About Nidan Laboratories and Healthcare
Nidan was established as a proprietary Firm in 1994 by the Promoter- Dr. Nitin Vithalrao Throve in the Northern District of Mumbai where diagnostic services was provided under one roof at reliable and affordable price. The business was carried out under sole proprietorship, which was later taken over by the company in 2000. From the year 2000, he expanded the diagnostic’s business by setting up various centre’s within the Northern District of Mumbai and Pune and Southern District of Pune.
As on this date, 30 diagnostic cum collection centres are operational under the brand name of “Nidan Healthcare” and offer radiology, neurology, cardiology, dental as well as pathology services. Out of the 35 Centre’s, 16 centre’s are under the Franchisee model where 1 centre acts as a fully operated diagnostic centre and 15 centre’s act solely as standalone collection centres.
Nidan provide integrated diagnostics services more than 1 million patients per year. Since 2000, private and government hospitals have been using the services and diagnostics centre’s for various pathology and radiology tests. After more than a decade of experience, Nidan Laboratories and Healthcare has successfully set the diagnostics centre in Asian Heart Hospital, Mumbai under the name of “Asian Nidan Imaging Centre”.
Nidan offer a comprehensive range of 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
Important Details – Nidan Laboratories and Healthcare
| Date | Details |
|---|---|
| December 05, 2000 | The company was originally incorporated as Abhi Diagnostic Imagings Private Limited, Maharashtra. |
| February 26, 2021 | The name of the company was changed from “Abhi Diagnostic Imagings Private Limited” to “Nidan Laboratoris And Healthcare Private Limited” |
| May 24, 2021 | The company was converted into a public limited company and the name of the company was changed to ‘Nidan Laboratories And Healthcare Limited’ |
Objects of the Issue
- Repayment / pre-payment, in full or in part, of certain borrowings availed by the company;
- Additional Working Capital; and
- General Corporate Expenses.
Nidan Laboratories and Healthcare Limited Financials:
Summary of financial Information (Restated Consolidated Statement)
| Particulars | For the year ended (₹ in Lakhs) | ||
| 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |
| Total Assets | 5,243.66 | 4,520.77 | 4,305.72 |
| Total income | 2,185.32 | 2,219.18 | 2,097.22 |
| Total Expenses | 1,855.09 | 2,147.72 | 2,074.87 |
| Profit After Tax | 230.24 | 71.46 | 22.35 |
Nidan Laboratories and Healthcare IPO Price – Details
| Details | Nidan Healthcare IPO Details |
|---|---|
| Public Issue | Initial Public Offer of up to 40,00,000 Equity Shares of ₹ 10 (aggregating up to ₹ 50 crores) |
| Issue Open Date | 28-Oct-21 |
| Issue Close Date | 02-Nov-21 |
| Issue Type | Fixed Price |
| IPO Price Band | ₹ 125 |
| Face Value | ₹ 10 |
| Market Lot | 1000 Equity Shares and in multiples thereof |
| Minimum Order Quantity | 1000 Equity Shares |
| Maximum Subscription Amount for Retail Investor | Rs. 2,00,000 |
| Listing | NSE SME |
| NSE Symbol | NIDAN |
| IPO Market Timings | 10.00 a.m. to 5.00 p.m. |
Nidan Laboratories and Healthcare IPO DRHP & RHP
Nidan IPO Lot Size
| Application | Lots | No of Shares | Amount (Rs) |
| Minimum | 1 | 1000 | ₹ 1,25,000 |
| Maximum | 1 | 1000 | ₹ 1,25,000 |
Nidan Laboratories and Healthcare IPO Lead Managers
- First Overseas Capital Limited
Nidan Laboratories IPO Registrar
Nidan Laboratories and Healthcare IPO Allotment Date, Listing Date and other Important Dates
| Details | Date |
|---|---|
| Bid / Offer Opens on | 28-Oct-21 |
| Bid / Offer Closes on | 02-Nov-21 |
| Finalisation of Basis of Allotment | 09-Nov-21 |
| Initiation of refunds | 10-Nov-21 |
| Credit of the Equity Shares | 11-Nov-21 |
| Listing Date | 12-Nov-21 |
Company Peers – Comparison of Accounting Ratios
| Name of Company | Face Value | Basic EPS (In Rs.) | RONW (%) | NAV (₹ per share) |
| Nidan Laboratories and Healthcare Limited | 10 | 2.32 | 0.17 | 13.46 |
| Metropolis Healthcare Limited | 2 | 35.97 | 25.91 | 2807.00 |
| Dr Lal PathLabs Limited | 10 | 35.33 | 23.42 | 3704.95 |
Company Registered Office
Swapnshilpa, Behind Aarti Apartment,
Vartak Road, Virar (West) – 401303,
Palagar, Maharashtra, India;
Website: www.nidanhealthcare.co.in
Company Promoters
- DR. Nitin Vithalrao Thorave
Nidan Laboratories and Healthcare IPO – FAQS
What is the Nidan Laboratories IPO Price?
The Nidan Laboratories IPO price band is 125 per share
When Nidan Laboratories IPO will open?
The Nidan Laboratories IPO opens on Oct 28, 2021 and closes on Nov 02, 2021
What is the lot size of Nidan Laboratories IPO?
The Nidan Laboratories IPO lot size is 1000 Equity Shares and the minimum order quantity is 1000 Equity Shares
Who is the Registrar for Nidan Laboratories IPO?
The Registrar for Nidan Laboratories IPO is Bigshare Services Private Limited
How to apply in Nidan Laboratories IPO through UPI?
Check the step by step process here – Click here
How to apply in Nidan Laboratories IPO through Zerodha?
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