Nidan Laboratories and Healthcare IPO, Price, GMP, Date

Nidan Laboratories IPO

Nidan Laboratories IPO Details:

When is Nidan Laboratories and Healthcare Limited IPO Launching?

The IPO opens on Oct 28, 2021, and closes on Nov 2, 2021.

Nidan Laboratories and Healthcare IPO Tentative Timetable

The Nidan Laboratories and Healthcare IPO open dates are Oct 28, 2021, and the close date is Nov 2, 2021. The issue may list on Nov 12, 2021.

IPO Open Date Oct 28, 2021
IPO Close Date Nov 2, 2021
Basis of Allotment Date Nov 9, 2021
Initiation of Refunds Nov 10, 2021
Credit of Shares to Demat Account Nov 11, 2021
IPO Listing Date Nov 12, 2021


Nidan Laboratories and Healthcare IPO Lot Size

The Nidan Laboratories and Healthcare IPO market lot size are 1000 shares. A retail-individual investor can apply for up to 1 lot (1000 shares or ₹125,000).

Application Lots Shares Amount (Cut-off)
Minimum 1 1000 ₹125,000
Maximum 1 1000 ₹125,000


Nidan Laboratories and Healthcare IPO Share Price

The issue is priced at ₹125 per equity share. The minimum order quantity is 1000 Shares.

Nidan Laboratories and Healthcare IPO Promoter Holding

Pre Issue Share Holding 99.99%
Post Issue Share Holding 71.22%


Nidan Laboratories and Healthcare Board Directors:

  • Mrs Roshan Thorve – CEO.
  • Mrs Tejal Jayakar – Executive Director and CFO.
  • Mr. Edwin Dabre – Executive Director.
  • Mr. Krupesh Thakur – Non-Executive Director.
  • Mr. Karim Khimani – Non-Executive Independent Director.
  • Mr. Abhinay Nerurkar – Non-Executive Independent Director.

Company Financials:

Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (₹ in Millions)
30-Jun-21 31-Mar-21 31-Mar-20 31-Mar-19
Total Assets 543.30 524.36 452.07 430.57
Total Revenue 78.45 218.53 221.91 209.72
Profit After Tax 10.87 23.02 7.14 2.23


About Nidan Laboratories and Healthcare: 

Consolidated in the year 2000, Nidan Laboratories and Healthcare Limited offer diagnostic services including radiology, neurology, cardiology, dental as well as pathology services. As of March 31, 2021, the organization offered roughly 740 everyday practice and 3000 specific pathology tests and around 220 basic and 320 advanced radiology tests that cover a scope of fortes and disciplines. The organization gives pathology tests going from basic natural chemistry and clinical pathology to cytogenetic and very good quality molecular diagnostic tests, and radiology tests going from basic echocardiograms, X-Rays, and ultrasounds to advanced radiology tests including computerized tomography (CT) scans, magnetic resonance imaging (MRI) scans. The organization likewise offers a wide range of modified wellbeing and wellness bundles to its clients and offers esteem added services to its clients like a home assortment of examples, house calls, and a different conveyance or access modes for test reports.

Nidan has come out with a remarkable appointment booking portable application under the name of “NIDAN HEALTHCARE” which is upheld by self-native software called “Nidan Operation Management (NOM).” This interesting application empowers patients to book appointments for any test, from any place, whenever. The organization has likewise restricted pathology accomplices like Metropolis Laboratories Limited for its services.

Out of the 35 centers working under the brand name of “Nidan Healthcare”, 16 centers are under the Franchisee model where 1 center goes about as a completely operated diagnostic center and 15 centers act exclusively as independent assortment centers. As of June 30, 2021, the organization had a sum of 213 workers. The organization has got acknowledgments like the Best Diagnostic Chain of India Award 2019, in the Category of 20+ diagnostic centers by Express Healthcare.

Company Contact Information: 

Nidan Laboratories and Healthcare Limited
Swapnshilpa, Behind Aarti Apartment,
Vartak Road, Virar (West) – 401303,
Palagar, Maharashtra, India
Phone: +91 8975610000

Nidan Laboratories and Healthcare IPO Gray Market Price (GMP) 

Not available at the moment

How to Apply For Nidan Laboratories and Healthcare IPO?

You can apply in Nidan Laboratories and Healthcare IPO web-based utilizing either UPI or ASBA as an installment technique. ASBA IPO application is accessible in the net banking of your ledger. UPI IPO application is offered by merchants who don’t offer financial services. Peruse more insight concerning applying IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank, and SBI Bank.

Nidan Laboratories and Healthcare IPO Review

The current hopeful market conditions are provoking numerous little and medium undertakings (or SMEs) to concoct introductory public offer (or IPO) plans. This schedule year saw part of SMEs fund-raising through essential markets. One such organization is Nidan Laboratories and Healthcare Limited.

The organization’s topline development was negative in fiscal 2021 finished March 31, 2021, and its cash from operations close to split to Rs 44.62 crore in fiscal 2021 from Rs 89.46 crore in FY2019. Financial backers should observe this load of aspects and continue in a like manner.

Also Check: List of IPO’s


Please enter your comment!
Please enter your name here