What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

When is the Chandan Healthcare Limited IPO allotment date?

The basis of allotment for Chandan Healthcare Limited IPO is scheduled to be finalized on 13 Feb 2025.

Where can I check Chandan Healthcare Limited IPO allotment status?

You can check your allotment status on the official registrar portal (Kfin Technologies Limited) or on the BSE India website using your PAN card number or application number.

When will unallotted IPO application funds be unblocked?

Refund initiation and UPI mandate revocation for unallotted applications starts on or around 14 Feb 2025.

IPO GreyPremiumLIVE

Grey Market Intelligence

Chandan Healthcare Limited

ListedSME

Healthcare / Pharmaceuticals · NSE

Established in September 2003, Chandan Healthcare Limited is a leading diagnostic network in North India, offering a wide range of pathology and radiology services. The company operates a flagship lab, seven central labs, 26 satellite centres, and over 300 collection centres across 23 cities in Uttar Pradesh and more than 19 in Uttarakhand. Its portfolio includes 1,496 tests covering routine pathology, specialized diagnostics, and advanced imaging such as X-rays, CT scans, MRIs, and ultrasounds. Supported by a team of radiologists, pathologists, and skilled professionals, Chandan Healthcare is dedicated to providing accurate, reliable, and accessible diagnostic services across its growing network.

Price Band

₹151 – ₹159

Issue Size

₹107 Cr

Lot Size

800 shares

GMP

—

Est. Listing

₹159

at current GMP

Subscribed

7.11x

overall

Open

10 Feb 2025

12 Feb 2025

Allotment

13 Feb 2025

Refund

14 Feb 2025

Demat Credit

15 Feb 2025

Listing

17 Feb 2025

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Official Registrar Verification

Chandan Healthcare Limited Allotment Status

Designated Registrar: Kfin Technologies Limited

Check Allotment Status Registrar Portal BSE Portal

Allotment Date

13 Feb 2025

Basis finalization

Refunds Initiate

14 Feb 2025

Mandate release

Demat Credit

15 Feb 2025

Shares in demat

Listing Debut

17 Feb 2025

Trading begins

About Chandan Healthcare Limited Public Issue & Market Profile

Chandan Healthcare Limited is bringing an initial public offering (IPO) in the Healthcare / Pharmaceuticals sector with an aggregate issue size of ₹107.36 Crores. The shares are offered at a price band of ₹151 to ₹159 per equity share on NSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.

Public Issue & Allotment Procedure:

Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 800 shares (approx. ₹1,27,200 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.

Official Allotment Timelines & Registrar Guidance:

Allotment reconciliation will be managed by Kfin Technologies Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2025-02-15, while un-allotted funds or UPI block mandates will be released on 2025-02-14.

Frequently Asked Questions

What if my name is not showing on the registrar portal?

Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.

How will I receive the refund if I don't get allotment?

Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.