Clinitech Laboratory Limited Details
The Clinitech Laboratory Limited is a fixed price issue with a total issue size of ₹5.78 cr, comprising of fresh issue of 602400 equity shares. Clinitech Laboratory Limited opened for subscription on Jul 25, 2024 and closed on Jul 29, 2024. Clinitech Laboratory Limited has set the price at ₹96 per share, with a lot size of 1200 shares. Minimum investment for Retail investors was ₹230,400.00 (at the upper price band) to apply for one lot.
The basis of allotment got finalized on Jul 30, 2024, and listed on both the NSE and BSE on Aug 01, 2024.
Bigshare Services Pvt Ltd has been appointed as the registrar. Inventure Merchant Banker Services Pvt Ltd are the Book Running Lead Manager for the issue.
Before investing in the Clinitech Laboratory Limited, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.
- Price Band
- ₹ 96 – 96
- Lot Size
- 1200
- Issue Size
- ₹5.78 Cr
- Minimum Investment
- ₹230400 (2400 Shares)
- Listing Date
- 01 August 2024
Current GMP
₹65 (+67.71%)
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
About Clinitech Laboratory Limited
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.
Clinitech Laboratory Limited Promoters
Jagdish Umakant Nayak, Jyoti Jagdish Nayak, and Ashutosh Jagdish Nayak
Promoters Holding
Holding Pre Issue
83.63%
Holding Post Issue
61.56%
Clinitech Laboratory Limited Objective
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
Book Running Lead Managers
- Inventure Merchant Banker Services Pvt Ltd
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 with a total issue size of ₹5.78 crore. The Clinitech Laboratory Limited price band is ₹96 to 96 per share. The Clinitech Laboratory Limited subscription opens on Thu, Jul 25, 2024, and closes on Mon, Jul 29, 2024. The Clinitech Laboratory Limited will be listed on the BSE. Bigshare Services Pvt Ltd is the registrar for the Clinitech Laboratory Limited.
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 per share.
Clinitech Laboratory Limited lot size is 1200 shares, Retail investors need a minimum investment of ₹230400 based on the upper price band
The minimum investment for Clinitech Laboratory Limited is ₹230400, based on one lot of 1200 shares at the upper price band of ₹96 per share.
Investors can apply for the Clinitech Laboratory Limited through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Mon, Jul 29, 2024. The application amount remains blocked until the Clinitech Laboratory Limited allotment is finalized.
Clinitech Laboratory Limited issue size is ₹5.78 crores.
Clinitech Laboratory Limited allotment date is Wed, Jul 1, 2026.
The registrar for Clinitech Laboratory Limited is Bigshare Services Pvt Ltd. Investors can go to Bigshare Services Pvt Ltd website to check Clinitech Laboratory Limited allotment status, refund processing, and other IPO-related information.
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 0% over the issue price.