
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
Close
12 Feb 2025
Allotment
13 Feb 2025
Refund
14 Feb 2025
Demat Credit
15 Feb 2025
Listing
17 Feb 2025
Overall Subscription
7.11x
Total Demand
QIB Multiplier
7.58x
Institutions & Funds
NII / HNI
19.22x
High Net-Worth
Retail (RII)
2.44x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 1,233,600 | 9,356,800 | 7.58x |
| NIB | 925,600 | 17,791,200 | 19.22x |
| RETAIL | 2,159,200 | 5,272,800 | 2.44x |
| EMPLOYEES | 245,600 | 51,200 | 0.21x |
| Total | 4,564,000 | 32,472,000 | 7.11x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| QIB | — | 12 | 0.00x |
| NIB | — | 457 | 0.00x |
| RETAIL | — | 6,591 | 0.00x |
| EMPLOYEES | — | 39 | 0.00x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
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.
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.
Currently, Chandan Healthcare Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹151 to ₹159 per equity share.
The retail lot size is 800 shares requiring a minimum application amount of ₹1,27,200. Expected listing price is ₹159 per equity share.
The Chandan Healthcare Limited IPO aggregate issue size is ₹107.36 Crores with an equity price band set at ₹151 to ₹159 per equity share. The retail lot size is 800 shares requiring a minimum capital outlay of approx. ₹1,27,200.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 7.11x (Retail: 2.44x, QIB: 7.58x, NII: 19.22x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Kfin Technologies Limited) and the BSE status verification website on or around 2025-02-13. Investors can verify status using PAN card or application number.
Chandan Healthcare Limited shares are scheduled to list on NSE on 2025-02-17.