Clinitech Laboratory Limited
Open SmeCurrent GMP
₹65 (+67.71%)
Price Band
₹ 96 – 96
Lot Size
1200
Issue Size
₹5.78 Cr
Minimum Investment
₹230400 (2400 Shares)
Listing Date
01 August 2024
Subscription
-
About the Company
Founded in 1990, Clinitech Laboratory Limited provides diagnostic and health testing and services.
The company performs more than 150 tests in its centres, which are divided into different categories: Biochemical Tests, Immunology Tests, Hematology Tests, Molecular Biology Tests, Serology Tests, Microbiology Tests and Histopathology Tests.
Clinitech Laboratory has eight diagnostic centres around Thane and Navi Mumbai. The company conducts more than 3 lakh tests per year in its NABL (National Accreditation Board for Testing and Calibration Laboratories) accredited laboratories equipped with modern technology and high quality equipment.
The company's medical testing facilities at Airoli, Navi Mumbai, have been accredited by NABL (National Accreditation Board for Testing and Calibration Laboratories) as per ISO 15189:2012.
As of May 31, 2024, the company employed 85 people in various departments.
Promoters
Jagdish Umakant Nayak, Jyoti Jagdish Nayak, and Ashutosh Jagdish Nayak
Promoters Holding
Holding Pre Issue
83.63%
Holding Post Issue
61.56%
Objects of the Issue
The Company proposes to utilize the Net Proceeds from the Fresh Issue towards funding the following objects:
Expansion of Diagnostic Centres.
General Corporate Purposes.
Address / Contact Info
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Thursday, 25 July 2024
IPO Close Date
Monday, 29 July 2024
Basis of Allotment
Tuesday, 30 July 2024
Initiation of Refunds
Wednesday, 31 July 2024
Credit of Shares to Demat
Wednesday, 31 July 2024
Listing Date
Thursday, 01 August 2024 — NSE & BSE
Important Dates
Open Date
25 July 2024
Close Date
29 July 2024
Basis Of Allotment
30 July 2024
Listing Date
01 August 2024
Financial Performance (₹ in Crores)
| Particular | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 560.79 | 603.33 | 368.74 | 273.32 |
| Revenue | 643.92 | 636.34 | 645.7 | 459.63 |
| Profit After Tax | 37.12 | 61.31 | 51.26 | 40.24 |
| Net Worth | 354.8 | 238.08 | 184.81 | 139.03 |
| Reserve & Surplus | 186.8 | 88.08 | 34.81 | 72.37 |
| Total Borrowings | 86.31 | 102.91 | 88.61 | 53.67 |
EPS Pre
2.21%
EPS Post
1.63%
P/E Pre
43.45
P/E (Post Issue)
59.03x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | |
|---|---|
| ROE % | 0 |
| ROCE % | 0 |
| Debt / Equity | 0.24 |
| RoNW % | 10.46 |
| PbW | 4.55 |
| Pat Margin % | 5.76 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Market Maker | 31200 | 5.18 | 0 |
| Others | 285600 | 47.41 | 0 |
| Retail Investors | 285600 | 47.41 | 0 |
| Total | 602400 | 100 | 0 |
Subscription Status ( Fri, 02 Aug 24 07:29 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Others | 301200 | 7012800 | 23.28x |
| Retail Investors | 301200 | 14941200 | 49.61x |
| Total | 571200 | 22255200 | 38.96x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
No Peer Comparision Available
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | 115,200.00 |
| Retail (Max) | 1 | 1,200 | 115,200.00 |
| S-HNI (Min) | 2 | 2,400 | 230,400.00 |
Registrar
Bigshare Services Pvt Ltd
91-22-6263 8200
investor@bigshareonline.com
https://www.bigshareonline.com
Book Running Lead Managers
- Inventure Merchant Banker Services Pvt Ltd
RHP Document
DRHP Document
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Clinitech Laboratory Limited is a worth ₹5.78 crores. The price band is ₹96 to 96 per share. The IPO opens on Thu, Jul 25, 2024 and closes on Mon, Jul 29, 2024. It will be listed on BSE and NSE. Bigshare Services Pvt Ltd is the registrar.
The Clinitech Laboratory Limited opens on Thu, Jul 25, 2024 and closes on Mon, Jul 29, 2024
Clinitech Laboratory Limited Price Band is ₹96 to 96.
Clinitech Laboratory Limited lot size is 1200, and the minimum amount required for application is ₹230400.
The minimum investment for Clinitech Laboratory Limited is approximately ₹230400 based on the upper price band.
To apply for the Clinitech Laboratory Limited, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Mon, Jul 29, 2024. After submission, funds are blocked until the basis of allotment of Clinitech Laboratory Limited is finalised.
Clinitech Laboratory Limited issue size is ₹5.78 crores.
Clinitech Laboratory Limited allotment date is Sat, Jun 27, 2026.
The registrar for Clinitech Laboratory Limited is Bigshare Services Pvt Ltd. Investors can go to Bigshare Services Pvt Ltd website for IPO allotment status, refund processing, and other queries related to Clinitech Laboratory Limited through their official website or helpline.
The Clinitech Laboratory Limited GMP (Grey Market Premium) is ₹65 as of Thu, Aug 1, 2024. Based on the upper price band of ₹96 per share, the estimated Clinitech Laboratory Limited listing price is ₹161, indicating a potential listing gain of approximately 31% over the issue price.