Nidan Laboratories and Healthcare IPO - Grey Market, GMP & Reviews

IPO Details

Issue Date 28 Oct 2021 - 02 Nov 2021
Issue Size ₹50.00 Cr
Issue Price ₹125
Market Lot 1000 Shares
Shares on Offer 4,000,000
Registrar
GMP N/A
Kostak N/A
Subject to Sauda N/A
Listing Date 12 Nov 2021
Listing Price N/A
Listing Gain% N/A

About Nidan Laboratories and Healthcare Limited

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)." 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.

Out of the 35 centers operating under the brand name of "Nidan Healthcare", 16 centers are under the Franchisee model where 1 center acts as a fully operated diagnostic center and 15 centers act solely as standalone collection centers. As of June 30, 2021, the company had a total of 213 employees. The company has got recognitions like the Best Diagnostic Chain of India Award 2019, in the Category of 20+ diagnostic centers by Express Healthcare.

Company Promoters

Dr. Nithin Vitthalrao Thorave is the company promoter.

Company Financials

Particulars 31-Mar-21 31-Mar-20 31-Mar-19
Total Assets (In ₹ Millions) 524.36 452.07 430.57
Total Revenue (In ₹ Millions) 218.53 221.91 209.72
Profit After Tax (PAT) (In ₹ Millions) 23.02 7.14 2.23

Grey Market Premium Updates

Date GMP Kostak Subject to Sauda

Nidan Laboratories and Healthcare Limited IPO Reviews

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Subscription Details

Date & Time QIB NII RII Total
Day 1 - 28 Oct 2021
Day 2 - 29 Oct 2021
Day 3 - 01 Nov 2021
Day 3 - 02 Nov 2021

Allotment Status

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IPO Allotment Status

Nidan Laboratories and Healthcare Limited IPO FAQs

  1. When will Nidan Laboratories and Healthcare Limited IPO open?

    Nidan Laboratories and Healthcare Limited IPO will open on 28 Oct 2021 and close on 02 Nov 2021.

  2. What is the listing date of Nidan Laboratories and Healthcare Limited IPO?

    Nidan Laboratories and Healthcare Limited IPO will list on 12 Nov 2021.

  3. What is the offer price of Nidan Laboratories and Healthcare Limited IPO?

    The offer price of Nidan Laboratories and Healthcare Limited IPO is ₹125.

  4. What is the lot size of Nidan Laboratories and Healthcare Limited IPO?

    The lot size of Nidan Laboratories and Healthcare Limited IPO is 1000.

  5. What is the Grey Market Premium (GMP) price of Nidan Laboratories and Healthcare Limited IPO?

    The Grey Market Premium (GMP) price of Nidan Laboratories and Healthcare Limited IPO is Not Available at the moment.

  6. What is the Kostak price of Nidan Laboratories and Healthcare Limited IPO?

    The Kostak price of Nidan Laboratories and Healthcare Limited IPO is Not Available at the moment.

  7. What is the Subject to Sauda price for Nidan Laboratories and Healthcare Limited IPO?

    The Subject to Sauda price for Nidan Laboratories and Healthcare Limited IPO is Not Available at the moment.

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