Clinitech Laboratory IPO Details: Clinitech Laboratory’s IPO date is set for July 25th, running through July 29th on the BSE SME platform. The company aims to raise ₹5.78 crores through this initial public offering, priced at ₹96 per share with a market lot of 1200 shares.
Founded and managed by industry veterans with over 30 years of experience, Clinitech Laboratory operates a network of 8 diagnostic centers in Thane and Navi Mumbai. Accredited by NABL, their labs feature advanced technology and equipment, conducting over 3 lakh tests annually across various disciplines including Biochemistry, Immunology, Hematology, Molecular Biology, Serology, Microbiology, and Histopathology.
Clinitech Laboratory’s commitment to quality is underscored by their ISO 15189:2012 certification from NABL, ensuring the highest standards in medical testing at their Airoli, Navi Mumbai facility. This accreditation reinforces customer trust in their services.
Clinitech Laboratory IPO Objectives:
The Company proposes to utilize the Net Proceeds from the Fresh Issue towards funding the following objects:
- Expansion of Diagnostic Centres; and
- General Corporate Purposes.
Clinitech Laboratory IPO Review (Apply or Not)
- Update soon.
Clinitech Laboratory IPO Date & Price Band Details:
| IPO Open: | July 25, 2024 |
| IPO Close: | July 29, 2024 |
| IPO Size: | Approx ₹5.78 Crores, 602,400 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹96 Per Equity Share |
| IPO Listing on: | BSE SME |
| Retail Quota: | 50% of the net offer |
| QIB Quota: | [.]% of the net offer |
| NII Quota: | 50% of the net offer |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors in IPO: | Click Here |
Clinitech Laboratory IPO Lot Size:
The Clinitech Laboratory IPO requires a minimum market lot of 1200 shares, equating to an application amount of ₹115,200.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 1200 | ₹115,200 |
| Retail Maximum | 1 | 1200 | ₹115,200 |
| S-HNI Minimum | 2 | 2400 | ₹230,400 |
Clinitech Laboratory IPO Timeline:
The Clinitech Laboratory IPO is scheduled to open on July 25 and close on July 29. Allotment of IPO shares is expected on July 30, with tentative listing on August 1.
| IPO Open Date: | July 25, 2024 |
| IPO Close Date: | July 29, 2024 |
| Basis of Allotment: | July 30, 2024 |
| Refunds: | July 31, 2024 |
| Credit to Demat Account: | July 31, 2024 |
| IPO Listing Date: | August 1, 2024 |
Clinitech Laboratory IPO GMP Today:
GMP for Clinitech Laboratory SME IPO has not started yet. We are updating the GMP information on a daily basis. Please visit us again soon for the latest GMP updates.
Clinitech Laboratory Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2022 | ₹6.46 | ₹5.32 | ₹0.51 |
| 2023 | ₹6.36 | ₹5.00 | ₹0.61 |
| 2024 | ₹6.44 | ₹5.42 | ₹0.37 |
Clinitech Laboratory IPO Valuation – FY2024
Check Clinitech Laboratory IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹2.37 per Equity Share |
| Price/Earning P/E Ratio: | 40.51 |
| Return on Net Worth (RoNW): | 10.46% |
| Net Asset Value (NAV): | ₹21.12 per Equity Share |
Peer Group
- Dr Lalpath Lab
- Thyrocare
- Krsnaa Diagnostics*
Company Promoters
- Jagdish Umakant Nayak
- Jyoti Jagdish Nayak
Clinitech Laboratory IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com
Clinitech Laboratory IPO Allotment Status
Check Clinitech Laboratory IPO allotment status on Bigshare website URL. Click Here
Clinitech Laboratory IPO Lead Managers aka Merchant Bankers
- First Overseas Capital Limited
Company Address
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/
Clinitech Laboratory IPO FAQs
1. What is the IPO date for Clinitech Laboratory?
- Clinitech Laboratory’s IPO opens on July 25 and closes on July 29, 2024.
2. What is the price band for Clinitech Laboratory IPO?
- The IPO price band for Clinitech Laboratory is set at ₹96 per share.
3. What is the minimum market lot for Clinitech Laboratory IPO?
- The minimum market lot for Clinitech Laboratory IPO is 1200 shares, requiring an application amount of ₹115,200.
4. How can I apply for Clinitech Laboratory IPO?
- Investors can apply for the Clinitech Laboratory IPO through their respective stock brokers using the ASBA (Applications Supported by Blocked Amount) process.
5. When will the IPO shares of Clinitech Laboratory be allotted?
- Allotment of Clinitech Laboratory IPO shares is expected on July 30, 2024.
6. When is Clinitech Laboratory expected to list on the stock exchange?
- Clinitech Laboratory IPO shares are tentatively scheduled to list on August 1, 2024, subject to regulatory approvals.
7. What is Clinitech Laboratory’s business focus?
- Clinitech Laboratory specializes in diagnostic and healthcare tests and services, operating through a network of 8 centers in Thane and Navi Mumbai.
8. Who are the promoters of Clinitech Laboratory?
- The promoters of Clinitech Laboratory have over 30 years of experience in the diagnostic business.
9. What accreditation does Clinitech Laboratory hold?
- Clinitech Laboratory is accredited by NABL (National Accreditation Board for Testing and Calibration Laboratories) under ISO 15189:2012, ensuring high standards in medical testing.
10. How many tests does Clinitech Laboratory conduct annually?
- Clinitech Laboratory conducts over 3 lakh tests per year across various disciplines including Biochemistry, Immunology, Hematology, Molecular Biology, Serology, Microbiology, and Histopathology.
