Clinitech Laboratory IPO
#1. Quick Intro to Clinitech Laboratory IPO
The initial public offering (IPO) of Clinitech Laboratory will open for subscription on July 25 and close on July 29, comprising fresh issues of Rs.5.78 crore. An investor can apply for the issue for a minimum of 1200 shares and the listing will happen on August 01, 2024.
Clinitech Laboratory Limited (2010) is a provider of diagnostic and healthcare tests and services through a chain of 8 diagnostic centres in and around Thane and Navi Mumbai. The company conduct more than 3 Lakh tests per year in our NABL (National Accreditation Board for Testing and Calibration Laboratories) accredited labs equipped with modern technology and high-end equipment. The below-mentioned tests are available in centres;
- Biochemistry tests
- Histopathology tests
- Microbiology tests
- Molecular Biology tests
- Immunology tests
- Haematology tests
- Serology tests
Check out the IPO allotment status on IPO Deliver.
#2. IPO Object of Clinitech Laboratory
The company intends to use the IPO Funds for the following purposes:
- Funding for the expansion of diagnostic business
- General corporate purposes and issue expenses.
#3. Clinitech Laboratory Core Strengths
- Chain of diagnostic centres
- NABL accreditation
- Strong and long-standing customer relationship
- Experienced promoters and management team
#4. Clinitech Laboratory IPO Review & Rating
| Issue Size | Rs.5.78 crore |
| Issue Price | Rs.96 per share |
| Minimum Lot Size | 1200 Shares |
| Total Profit (Latest) | Rs.37.12 lakhs |
| ROE (%) | – |
| RONW (%) | 10.46 |
| Listing on | BSE SME |
| IPO Deliver Rating | One |
#5. Clinitech Laboratory IPO Dates, Price Band & Details
Clinitech Laboratory IPO will open on July 25, 2024, and close on July 29, 2024. The IPO is to be listed on August 01, 2024.
| Type of issue | Fixed price Issue IPO |
| Issue Size | Rs.5.78 crore |
| Price Brand | Rs.96 per share |
| Face Value | Rs. 10/- per share |
| IPO Open Date | July 25, 2024 |
| IPO Close Date | July 29, 2024 |
| IPO Allotment Date | July 30, 2024 |
| Refund Date | July 31, 2024 |
| Share Credit Date | July 31, 2024 |
| Listing Date | August 01, 2024 |
#6. Clinitech Laboratory IPO Offer Details
Clinitech Laboratory IPO’s total issue size is 60,02,400 shares, comprising the below-mentioned categories.
| Offer Category | Shares Offer | Amount (Crore) |
| Fresh Issue | 60,02,400 | Rs.5.78 |
| Offer for Sale (OFS) | – | – |
#7. Clinitech Laboratory Financials Overview (Lakhs)
The following table sets forth the summary of financial information of the company for the period March 31, 2024, March 31, 2023 and March 31, 2022.
| Category (Rs.) | March 2024 | March 2023 | March 2022 |
| Total Revenue | 643.92 | 636.34 | 645.70 |
| Net Worth | 354.80 | 238.08 | 184.81 |
| Profit | 37.12 | 61.13 | 51.26 |
| Total Borrowings | 86.31 | 102.91 | 88.61 |
#8. Clinitech Laboratory Quantitative Factors
The following table sets forth the summary of financial information of the company for the period March 31, 2024, March 31, 2023 and March 31, 2022.
| Category | March 2024 | March 2023 | March 2022 |
| EPS (Rs.) | 2.37 | 4.09 | 3.42 |
| RoNW (%) | 10.46 | 25.76 | 27.74 |
| NAV (Rs.) | 21.12 | – | – |
#9. Clinitech Laboratory Comparison with Other Peer Companies (Top 2)
Listed companies in India are comparable in all aspects of the business.
| Company Names | Total Revenue
(Rs. in Lakhs) |
RoNW (%) | NAV |
| Dr. Lalpath Labs | 2295.81 | 19.91 | 225.85 |
| Thyrocare | 581.25 | 13.71 | 99.65 |
#10. Clinitech Laboratory Company Promoters
The company has three promoters as per the Draft Red Herring Prospectus (DRHP) and Red Herring Prospectus (RHP).
| Sr. No. | Name of Promoters |
| 01. | Jagdish Umakant Nayak |
| 02. | Jyoti Jagdish Nayak |
| 03. | Ashutosh Jagdish Nayak |
#11. Clinitech Laboratory Pre-offer and Post-Offer Promoters Shareholding
| Promoters Holding | Percentage (%) |
| Pre-issue | 83.65 |
| Post-issue | 61.56 |
_________Click here for the previous SME IPOs___________
#12. Clinitech Laboratory IPO Reservation Details
Clinitech Laboratory IPO total reservation shares are distributed between the below-mentioned categories.
| Category | Share Offered |
| QIB/others Shares Offered | 50% of the Net Offer |
| Retail Shares Offered | 50% of the Net Offer |
| NII Shares Offered | – |
#13. Clinitech Laboratory IPO – Lot Size
An investor can apply for a minimum of 1200 Shares in multiple thereof. Market lot sizes for the retail individual investors and non-institutional investor (NII)/ HNI investors are as follows:
| Application | Lot Size | No. of Shares | Amount (Rs.) |
| Retail (Min.) | 1 | 1200 | 1,15,200 |
| Retail (Max.) | 1 | 1200 | 1,15,200 |
| HNI (Min.) | 2 | 2400 | 2,30,400 |
#14. Clinitech Laboratory IPO – Prospectus Copy
An investor can download/view the Clinitech Laboratory prospectus copy, which the company filed to exchange, details are as follows.
| Clinitech Laboratory IPO Prospectus |
| Draft Red Herring Prospectus (DRHP) |
| Red Herring Prospectus (RHP) |
#15. Clinitech Laboratory IPO Registrar
Bigshare Services Private Limited
Website: www.bigshareonline.com
#16. Clinitech Laboratory IPO Lead Managers
Inventure Marchant Banker Services Private Limited
Website; www.inventuremarchantbanker.com
#17. Clinitech Laboratory IPO Application (How to Apply for an IPO)
There are three primary options for applying for a Clinitech Laboratory IPO, details are as follows:
Option-1 Apply for IPO through Internet Banking
Step-1. Log into your bank account.
Step-2. In the invest Tab, you will see ASBA, click on it.
Step-3. Choose to apply for IPO and select the ongoing IPO “Clinitech Laboratory Limited”
Step-4. Enter the basic details like bid quantity, price, PAN, etc. then proceed with payment.
Step-5. After the above steps, the respective amount will get blocked until the allotment date, and after that, it will get a refund/debited in case of rejection/allotment respectively.
Option-2 Apply for IPO through a Broker firm
Step-1. Log into your broker account (e.g. Upstox/Zerodha etc.)
Step-2. Click on the IPO tab and select the ongoing IPO “Clinitech Laboratory Limited”
Step-3. Enter the basic details like bid quantity, price, PAN, etc. then enter UPI ID and proceed with payment.
Step-4. Your funds will get blocked, and once shares have been allotted to you, the respective amount will be debited from your account or refunded if no allotment is made to you.
Option-3 Apply for IPO Offline Mode Bank mode
Step-1. Visit the nearest branch of your bank.
Step-2. Fill out the ASBA form and submit it with KYC details.
Step-3. Your funds will get blocked, and once shares have been allotted to you, the respective amount will be debited from your bank account or refunded if no allotment is made to you.
#18. Clinitech Laboratory Company Details
Clinitech Laboratory Limited
Registered Office: AL-1/545, Sector 16, Airoli, Opposite Radhikabai Meghe Vidyalaya, Navi Mumbai, Thane – 400708, Maharashtra, India
Email: ipo@clinitechlab.com
Website: www.clinitechlab.in
#19. Clinitech Laboratory Subsidiary Companies (Top 2)
| Sr.No. | Name of Companies (Indian) |
| 01. | – |
| 02. | – |
#20. Clinitech Laboratory Company Board (Top 2)
| Sr. No. | Name of Directors |
| 01. | Jagdish Umakant Nayak |
| 02. | Jyoti Jagdish Nayak |
Clinitech Laboratory IPO – Frequently Asked Questions (FAQs)
| #1. What is a Clinitech Laboratory IPO?
Clinitech Laboratory brings its IPO of Rs.5.78 crore, on July 25, 2024, with a price band of Rs.96 per share. |
| #2. What is the Clinitech Laboratory IPO Open date?
Clinitech Laboratory IPO’s opening date is July 25, 2024. |
| #3. What is the Clinitech Laboratory IPO Close Date?
Clinitech Laboratory IPO’s closing date is July 29, 2024. |
| #4. What is the Clinitech Laboratory IPO Listing date?
Clinitech Laboratory’s IPO listing date is August 01, 2024. |
| #5. What is the Clinitech Laboratory IPO Minimum investment amount?
Clinitech Laboratory IPO’s minimum investment amount is Rs.1,15,200. |
| #6. What is the Clinitech Laboratory IPO offer issue Size?
Clinitech Laboratory offers an issue size of Rs.5.78 crore. |
| #7. What is the Clinitech Laboratory IPO Price Band?
Clinitech Laboratory’s IPO price band is Rs.96 per share. |
| #8. Is Clinitech Laboratory IPO mainboard IPO or SME IPO?
Clinitech Laboratory IPO is an SME IPO. |
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