Markets / IPO / Chandan Healthcare

Chandan Healthcare IPO

Updated 07:19

SME IPO on NSE Emerge · Healthcare Service Provider

● Listed 17 Feb 2025

SME · NSE Emerge · Healthcare Service Provider · issue ₹107.36 crore

Price now₹234.50+47.48% since IPO
Issue price₹159band ₹151–159
Listing (open)₹165.10+3.84%
First-day close₹173.35+9.03%
Subscribed–
Lot800 shares₹1,27,200

How it has done since the IPO

Closing prices since listing: 26 Oct ₹227.90, 27 Oct ₹227.20, 28 Oct ₹224.20, 29 Oct ₹228.45, 30 Oct ₹235.00, 2 Nov ₹234.75, 3 Nov ₹232.45, 4 Nov ₹229.35, 5 Nov ₹234.40, 6 Nov ₹234.50.

Listing day17 Feb 2025
Open / high / low / close₹165.10 / ₹173.35 / ₹165.10 / ₹173.35
Shares traded on NSE30,05,600
Market value at the listing-day close₹424 cr

Chandan Healthcare share price, live chart and technicals →

The IPO's journey

Anchor7 Feb
Opens10 Feb
Closes12 Feb
Allotment13 Feb
In demat14 Feb
Listing17 Feb
Lock-in 50%14 Mar
Lock-in rest13 May

Subscription

Shares offered and bid, by group
Investor categoryShares bid for
Institutions (QIB)93,56,800
HNI / NII1,77,91,200
Retail52,72,800
Employees51,200
Total3,24,72,000

NSE does not publish the shares offered to each category for this issue, so times subscribed cannot be shown. NSE and BSE bids together, as of 12 Feb 2025 19:00.

Who the issue was for

Bids by price

Top price ₹159 89.18%Cut-off 10.65%Lower prices 0.2%

Applications from individual investors

6,591 applications in the individual investors' category.

NSE does not publish the shares set aside for this category for SME issues, so the chance of allotment cannot be worked out exactly. Winners are picked by lottery.

Lot size by investor type

ApplicationLotsSharesAmount
Individual investor (minimum)1800₹1,27,200
HNI (minimum)21,600₹2,54,400

At ₹159 a share. In SME IPOs individuals must bid for at least 1 lots.

Anchor investors

Anchor bid date7 Feb 2025
Anchor shares18,48,800
Raised from anchors₹29.40 cr
Lock-in ends for the first 50% (30 days)14 Mar 2025
Lock-in ends for the remaining 50% (90 days)13 May 2025

Anchor investors are large funds that buy the day before the IPO opens. SEBI locks in half their shares for 30 days from the allotment and the rest for 90 days; they can sell from the next trading day. Traders watch these dates because extra selling can come in.

Financials and valuation

At issue priceNow
Market value₹389 cr₹573 cr
P/E (last 12 months' profit)––
Revenue, last 12 months–
Profit, last 12 months–
Return on equity–
Debt to equity–

From results the company filed with NSE (latest period to 30 Jun 2026). Twelve-month figures need four quarters of results, so they fill in over the first year after listing.

Other recent IPOs: Healthcare Service Provider

CompanyListedSubscribedOn listingSince IPO
Credent Connect N Care SME20 Aug–+90.00%+106.24%
Pramodini Medicare SME19 Aug–+1.69%-8.94%
Gaudium IVF and Women Health 27 Feb7.27×+5.06%+31.87%
Nephrocare Health Services 17 Dec13.96×+6.52%+30.82%
Invicta Diagnostic SME8 Dec–+17.65%-18.59%
Suraksha Diagnostic 6 Dec1.27×-0.68%-24.37%

← All IPOs: open, upcoming and recently listed

From NSE's official IPO data. Expected dates follow SEBI's T+3 timetable; the exchange confirms them. Information only, not investment advice.

What is the Chandan Healthcare IPO price band and lot size?

The price band is ₹151–159 per share, and one lot is 800 shares (₹1,27,200 at the upper price).

When is the Chandan Healthcare IPO allotment date?

Allotment was finalised on 13 Feb 2025, the next working day after bidding closed on 12 Feb 2025.

How many times was the Chandan Healthcare IPO subscribed?

Subscription figures are not available yet.

What is the Chandan Healthcare IPO listing date?

It listed on 17 Feb 2025 on NSE Emerge (SME).

When does the Chandan Healthcare anchor lock-in end?

The 30-day lock-in on half of the anchor investors' shares ends on 14 Mar 2025 and the 90-day lock-in on the rest ends on 13 May 2025; they can sell from the next trading day.

What was the Chandan Healthcare listing gain?

It opened at ₹165.10 against an issue price of ₹159, a gain of 3.84%. It is now up 47.48% from the issue price.