59  Total SME IPOs listed in 2025

2,613.37 Crs.  Total funds raised in 2025

41  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

59  Total SME IPOs listed in 2025

2613.37 Crs.  Total funds raised in 2025

41  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

59  Total SME IPOs listed in 2025

2613.37 Crs.  Total funds raised in 2025

41  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

59  Total SME IPOs listed in 2025

2613.37 Crs.  Total funds raised in 2025

41  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

Nidan Laboratories and Healthcare Limited IPO (Nidan Laboratories and Healthcare IPO) Detail

Nidan Laboratories and Healthcare IPO is a Fixed Price IPO listing on NSE EMERGE exchange. The company is based in Palagar and caters to Healthcare - Hospitals And Clinic sector. First Overseas Capital is the merchant banker of Nidan Laboratories and Healthcare IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 23rd October 2021.

Nidan Laboratories and Healthcare IPO open date is 28th October 2021 and close date is 2nd November 2021. IPO Allotment Date is 9th November 2021 and Listing date is 12th November 2021.

IPO Category : SME
Exchange : NSE EMERGE
Issue Type : Fixed Price

IPO Key Highlights

  • IPO Size: ₹ 50.00 Cr. Avg IPO Size (Sector Based) : ₹ 35.35 cr.
  • Sector: Healthcare - Hospitals And Clinic SME IPO so far: 13
  • Merchant Banker: First Overseas SME IPO by BRLM so far: 51
  • City: Palagar SME IPO so far: 1
  • Revenue (annualised): ₹ 31.40 cr.
            (annualised): ₹ 4.36 cr.
  • PE Ratio: 39.81x Average Sector PE Ratio: 24.63x

Nidan Laboratories and Healthcare IPO Date

Date of DRHP:
23rd October 2021
IPO Open Date:
28th October 2021
IPO Closing Date:
2nd November 2021
IPO Allotment Date:
9th November 2021
Initiation of Refund:
10th November 2021
IPO Listing Date:
12th November 2021

Nidan Laboratories IPO Info, Size, Subscription

Nidan Laboratories and Healthcare IPO size is ₹ 50.00 Cr. with IPO price of ₹ 125.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.

IPO Size :
₹ 50.00 Cr.

Issue Price:
₹ 125.00

Market Capitalisation :
₹ 173.57 Cr.

PE multiple :
39.81

Subscription :
1.80 times

Pre Issue Promoter Holding :
99.99 %

Post Issue Promoter Holding :
71.22 %

Nidan Laboratories and Healthcare IPO Information

Sub Sector : Healthcare service provider
Nidan was established as a proprietary Firm in 1994 by Their Promoter- Dr. Nitin Vithalrao Throve in the Northern District of Mumbai where diagnostic services was provided under one roof at reliable and affordable price. The business was carried out under sole proprietorship, which was later taken over by the Company in 2000. From the year 2000, he expanded the diagnostic’s business by setting up various centre’s within the Northern District of Mumbai and Pune and Southern District of Pune. As on this date, 30 diagnostic cum collection centres are operational under the brand name of “Nidan Healthcare” and offer radiology, neurology, cardiology, dental as well as pathology services. Out of the 35 Centre’s, 16 centre’s are under the Franchisee model where 1 centre acts
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Object of Issue (Nidan Laboratories IPO Objectives)

  • Repayment of loans

First Overseas Capital Limited is the book-running lead manager of the Nidan Laboratories and Healthcare IPO. Bigshare Services Private Limited is the Registrar and Market Maker is NNM Securities Private Limited for Nidan Laboratories and Healthcare IPO.

Nidan Laboratories IPO Market Maker

NNM Securities Private Limited

Nidan Laboratories IPO Registrar (RTA)

Bigshare Services Private Limited

Nidan Laboratories IPO Lead Manager (BRLM)

First Overseas Capital Limited

Nidan Laboratories and Healthcare IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.

What is Nidan Laboratories and Healthcare IPO?

Nidan Laboratories and Healthcare IPO, based in Palagar, operates in the   Healthcare - Hospitals And Clinic sector with a focus on Healthcare service provider. The company is launching its SME IPO on the NSE EMERGE exchange, using the Fixed Price Issue method. Nidan Laboratories and Healthcare IPO size is ₹ 50.00 Cr. with fresh issue size of ₹ 50.00 Cr. and Offer for sale being ₹ Nil

When is Nidan Laboratories IPO allotment?

The IPO allotment date for Nidan Laboratories and Healthcare IPO is expected to be 9th November 2021, after the finalization of basis of allotment. Investors can check Nidan Laboratories and Healthcare IPO allotment status on the registrars website, Bigshare Services Private Limited. Nidan Laboratories and Healthcare IPO refund dates are 10th November 2021.

When is Nidan Laboratories and Healthcare IPO listing date?

Nidan Laboratories and Healthcare IPO is expected to be listed on 12th November 2021.

What is the price band for Nidan Laboratories IPO?

The upper price band for the Nidan Laboratories and Healthcare IPO is set at ₹ 125.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.

What is Nidan Laboratories and Healthcare IPO Review?

For IPO analysis on Nidan Laboratories and Healthcare IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.

How to Apply for Nidan Laboratories and Healthcare IPO?

To apply for the Nidan Laboratories and Healthcare IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 2nd November 2021. After submission, funds are blocked until the basis of allotment of Nidan Laboratories and Healthcare IPO is finalised.

Who is the merchant banker of Nidan Laboratories IPO?

The merchant banker for Nidan Laboratories and Healthcare IPO is First Overseas Capital Limited . First Overseas Capital Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Nidan Laboratories and Healthcare IPO RHP for further details.

Who is the Registrar of Nidan Laboratories and Healthcare IPO?

The registrar for Nidan Laboratories and Healthcare IPO is Bigshare Services Private Limited. Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Nidan Laboratories and Healthcare IPO through their official website or helpline.

What is the Nidan Laboratories and Healthcare IPO subscription?

Nidan Laboratories and Healthcare IPO was subscribed 1.80 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.

IPO Key Highlights

  • IPO Size: ₹ 50.00 Cr. Avg IPO Size (Sector Based) : ₹ 35.35 Cr.
  • Sector: Healthcare - Hospitals And Clinic SME IPO so far: 13
  • Merchant Banker: First Overseas SME IPO by BRLM so far: 51
  • City: Palagar SME IPO so far: 1
  • Revenue (annualised): ₹ 31.32 cr.
            PAT: (annualised): ₹ 4.36 cr.
  • PE Ratio: 39.81x Average Sector PE Ratio: 24.63x
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FAQs

Nidan Laboratories and Healthcare IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Nidan Laboratories and Healthcare Financial Review Page

Nidan Laboratories and Healthcare IPO subscription was 1.80 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Nidan Laboratories and Healthcare IPO listed at a listing price of 117.75 against the offer price of 125.00.

The current market price of Nidan Laboratories and Healthcare is 20.00.

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