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Nidan Laboratories and Healthcare Limited Logo

Nidan Laboratories and Healthcare Limited

Oct 28, 2021 – Nov 02, 2021
Listed Price:
₹123.90
(-0.88%)
Price Band₹125- ₹125
Lot Size1,000 Shares
Allotment DateNov 09, 2021
Listing DateNov 12, 2021
Subscription-
Issue Size₹50.00 Cr

IPO Details

Subscription

lot distribution

Lot Distribution

reservation

Reservation

company financials

Company Fin.

₹0
(0.00%)

Premium (ELP)

Nidan Laboratories and Healthcare Limited's successfully completed its Initial Public Offering and commenced trading on Nov 12, 2021 at the NSE exchange. The company raised 40,00,000 Shares through this public offering, comprising TBD in fresh capital.

The IPO was priced within the band of ₹125 to ₹125, with minimum application lots of 1000 shares. The offering attracted significant investor interest during its subscription period from Oct 28, 2021 to Nov 02, 2021.

Share allotment was finalized on Nov 09, 2021, distributing equity to successful applicants. The stock's subsequent listing marked a significant milestone in the company's corporate history, providing public market liquidity to shareholders.

Nidan Laboratories IPO Details
IPO Date
:
Oct 28, 2021 to Nov 02, 2021
Allotment Date
:
Nov 09, 2021
List Date
:
Nov 12, 2021
Lot Size
:
1,000 share
Issue Price
:
₹125- ₹125
Issue Size
:
40,00,000 (aggregating up to 50.00 Cr)
Fresh Issue
:
-
Offer For Sale
:
-
Listing At
:
NSE
Share Holding Pre-Issue
:
1,39,00,000
Share Holding Post-Issue
:
2,00,000
Market Marker Portion
:
2,00,000
First time applying for an IPO? Read our guide on How to Apply for an IPO & Bidding Timings.
Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

IPO Reservation
Shares40,00,000
Market Maker
5.00%(2,00,000)
NII (HNI)
47.50%(19,00,000)
RETAIL
47.50%(19,00,000)
Total
100.00%(40,00,000)
Nidan Laboratories IPO Key Performance Indicators
Want to understand how to evaluate these metrics? Read our guide on IPO Key Performance Indicators (KPIs).
Company Financials (In Lakhs)
Nidan Laboratories IPO About Company

Incorporated in 2000, Nidan Laboratories and Healthcare Limited provides a wide range of diagnostic services including pathology, radiology, neurology, cardiology, and dental care. The company offers hundreds of routine and specialized pathology and radiology tests, covering everything from basic blood tests and X-rays to advanced molecular diagnostics, CT scans, and MRI scans, along with customized health packages and services like home sample collection and digital report delivery. Nidan operates diagnostic and collection centers under its brand, supported by its own appointment-booking mobile app and management software, partners with established pathology labs, employs over 200 people, and has received industry recognition for its diagnostic services.

Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."

✅Nidan Laboratories IPO Strength Factors
  1. Trusted Brand: Known for high quality and reliable services.
  2. Customer-Centric Approach: Focused on patient needs and service quality.
  3. Location Advantage: Benefits from strategically placed centers.
  4. Wide Service Range: Offers affordable diagnostic services across categories.
  5. Strong IT Systems: Robust IT capabilities with solid infrastructure.
  6. Experienced Leadership: Guided by a dedicated and capable management team.
⚠️Nidan Laboratories IPO Risk Factors

NA

🏦Nidan Laboratories IPO Lead Manager(s)
First Overseas Capital Limited
👤Nidan Laboratories IPO Promoter(s)
  1. Dr. Nithin Vitthalrao Thorave
🏢Nidan Laboratories IPO Company Details

Nidan Laboratories and Healthcare Limited

Phone:+91 8975610000
address:Swapnshilpa, Behind Aarti Apartment, Vartak Road, Virar (West) – 401303, Palagar, Maharashtra, India
📋Nidan Laboratories IPO Registrar

Bigshare Services Private Limited

Name:Bigshare Services Private Limited
Phone:+91-22-6263 8200
❓Nidan Laboratories IPO FAQs
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