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Clinitech Laboratory IPO is a fixed price issue of Rs 5.78 crores. The issue is entirely a fresh issue of 6.02 lakh shares.
Clinitech Laboratory IPO opens for subscription on July 25, 2024 and closes on July 29, 2024. The allotment for the Clinitech Laboratory IPO is expected to be finalized on Tuesday, July 30, 2024. Clinitech Laboratory IPO will list on BSE SME with tentative listing date fixed as Thursday, August 1, 2024.
Clinitech Laboratory IPO price is ₹96 per share. The minimum lot size for an application is 1200 Shares. The minimum amount of investment required by retail investors is ₹115,200. The minimum lot size investment for HNI is 2 lots (2,400 shares) amounting to ₹230,400.
First Overseas Capital Limited is the book running lead manager of the Clinitech Laboratory IPO, while Bigshare Services Pvt Ltd is the registrar for the issue. The market maker for Clinitech Laboratory IPO is Bhh Securities.
Refer to Clinitech Laboratory IPO DRHP for detailed information.
IPO Date | July 25, 2024 to July 29, 2024 |
Listing Date | [.] |
Face Value | ₹10 per share |
Price | ₹96 per share |
Lot Size | 1200 Shares |
Total Issue Size | 602,400 shares (aggregating up to ₹5.78 Cr) |
Fresh Issue | 602,400 shares (aggregating up to ₹5.78 Cr) |
Issue Type | Fixed Price Issue IPO |
Listing At | BSE SME |
Share holding pre issue | 1,680,000 |
Share holding post issue | 2,282,400 |
Market Maker portion | 31,200 shares Bhh Securities |
Investor Category | Shares Offered |
---|---|
Retail Shares Offered | 50% of the Net Issue |
Other Shares Offered | 50% of the Net issue |
Clinitech Laboratory IPO opens on July 25, 2024, and closes on July 29, 2024.
IPO Open Date | Thursday, July 25, 2024 |
IPO Close Date | Monday, July 29, 2024 |
Basis of Allotment | Tuesday, July 30, 2024 |
Initiation of Refunds | Wednesday, July 31, 2024 |
Credit of Shares to Demat | Wednesday, July 31, 2024 |
Listing Date | Thursday, August 1, 2024 |
Cut-off time for UPI mandate confirmation | 5 PM on July 29, 2024 |
Investors can bid for a minimum of 1200 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
Application | Lots | Shares | Amount |
---|---|---|---|
Retail (Min) | 1 | 1200 | ₹115,200 |
Retail (Max) | 1 | 1200 | ₹115,200 |
HNI (Min) | 2 | 2,400 | ₹230,400 |
Lot Size Calculator |
The Promoters of the company are Jagdish Umakant Nayak and Jyoti Jagdish Nayak
Share Holding Pre Issue | 83.63% |
Share Holding Post Issue | 61.56% |
Founded in 1990, Clinitech Laboratory Limited operates 8 diagnostic centres in and around Thane and Navi Mumbai, offering diagnostic and healthcare tests and services.
The company performs over 300,000 tests annually in its NABL (National Accreditation Board for Testing and Calibration Laboratories) accredited labs, which are equipped with modern technology and high-end equipment.
The medical testing facilities of the company in Airoli, Navi Mumbai have been awarded a Certificate of Accreditation by NABL (National Accreditation Board for Testing and Calibration Laboratories) in line with ISO 15189:2012.
As of December 31, 2023 the company employs 74 people in various departments.
Clinitech Laboratory Limited's revenue decreased by -1.45% and profit after tax (PAT) rose by 19.61% between the financial year ending with March 31, 2023 and March 31, 2022.
Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
Assets | 467.43 | 603.33 | 368.74 | 273.32 |
Revenue | 308.12 | 636.34 | 645.70 | 459.63 |
Profit After Tax | 6.78 | 61.31 | 51.26 | 40.24 |
Net Worth | 244.86 | 238.08 | 184.81 | 139.03 |
Reserves and Surplus | 94.86 | 88.08 | 34.81 | 72.37 |
Total Borrowing | 81.59 | 102.91 | 88.61 | 53.67 |
Amount in ₹ Lakhs |
The market capitalization of Clinitech Laboratory IPO is Rs 21.91 Cr.
Pre IPO | Post IPO | |
---|---|---|
EPS (Rs) | 3.65 | 0.59 |
P/E (x) | 26.31 | 161.59 |
Clinitech Laboratory Limited
AL-1/545, Sector 16, Airoli
Opposite Radhikabai Meghe Vidyalaya
Navi Mumbai, Thane - 400708,
Phone: +91 22 27792281
Email: ipo@clinitechlab.com
Website: https://clinitechlab.com/
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html
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Clinitech Laboratory IPO is a SME IPO of 602,400 equity shares of the face value of ₹10 aggregating up to ₹5.78 Crores. The issue is priced at ₹96 per share. The minimum order quantity is 1200 Shares.
The IPO opens on July 25, 2024, and closes on July 29, 2024.
Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Clinitech Laboratory IPO using UPI as a payment gateway. Zerodha customers can apply in Clinitech Laboratory IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Clinitech Laboratory IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Clinitech Laboratory IPO opens on July 25, 2024 and closes on July 29, 2024.
Clinitech Laboratory IPO lot size is 1200 Shares, and the minimum amount required is ₹115,200.
You can apply in Clinitech Laboratory IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for Clinitech Laboratory IPO will be done on Tuesday, July 30, 2024, and the allotted shares will be credited to your demat account by Wednesday, July 31, 2024. Check the Clinitech Laboratory IPO allotment status.
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