The Dr Lalchandani Labs IPO date has been confirmed from April 25, 2018 and ended on April 27, 2018. Read the post to learn about Dr Lalchandani Labs IPO GMP.
Dr Lalchandani Labs Developers IPO is a fixed price issue of Rs 4.20 crores. The price is ₹30 per share. The minimum lot size for an application is 4000 Shares. The minimum amount of investment required by retail investors is ₹120,000.
Start your investing journey today. Find the latest information on Upcoming IPOs.
Key Details Of Dr Lalchandani Labs IPO:
Bidding Dates
April 25-27
Price Range
₹30 per share
Face Value
₹10 per share
GMP
₹21.00
Dr Lalchandani Labs IPO GMP
The Dr Lalchandani Labs IPO GMP is ₹21.00.
Dr Lalchandani Labs IPO Overview
Dr Lalchandani Labs’ initial public offering (IPO) has a set price of Rs 4.20 crores. The IPO auction for Dr Lalchandani Labs began on April 25, 2018 and closed on April 27, 2018. On May 9, 2018, the shares were listed on the BSE SME. The IPO price for Dr Lalchandani Labs is ₹30 per share. A lot size of 4000 shares is required for an application. Retail investors must make a minimum investment of ₹120,000 to participate.
The Company is managing/servicing labs at some of the leading hospitals and operating retail outlets such as-
- Primus Super Specialty Hospital, Chanakyapuri
- Nanda Hospital, Chattarpur (70 Bedded)
- Eden Hospital, East of Kailash (25 Bedded)
- East of Kailash Retail outlet
- Dr Raturi Hospital, Khatima, Uttrakhand
- Lords Day care Centre, Bhogal New Delhi
- Greater Kailash Part 1 – Retail outlet & Head office
- Lajpat Nagar 2 – Retail Flagship outlet
- Shahdra – Retail outlet
- Dwarka Sector 19 – Retail outlet
- Arya Samaj Mandir Sarojini Nagar- Charitable Retail Outlet
- Arya Samaj Mandir Malviya Nagar – Charitable Retail Outlet
- Arya Samaj Mandir Kalkaji – Charitable Retail outlet
- Arya Samaj Mandir Kasturbha Nagar – Charitable Retail Outlet
- Jampur Bhawan – Charitable Retail outlet
- Laxmi Narayan Mandir Malviya Nagar – Charitable Retail Outlet
The Company has a Blood Banking services through its sister concern CPC blood bank founded by Dr. A Lalchandani himself in 1987.
Dr Lalchandani Labs IPO Details
| IPO Date | April 25, 2018 to April 27, 2018 |
| Listing Date | May 9, 2018 |
| Face Value | ₹10 per share |
| Price | ₹30 per share |
| Lot Size | 4000 Shares |
| Total Issue Size | 1,400,000 shares (aggregating up to ₹4.20 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Market Maker portion | 72,000 shares |
Dr Lalchandani Labs Company Financials
| Particulars | For the year/period ended (in Rs. Lacs) | |||||
|---|---|---|---|---|---|---|
| 31-Mar-17 | 31-Mar-16 | 31-Mar-15 | 31-Mar-14 | 31-Mar-13 | ||
| Total Assets | 376.39 | 366.45 | 187.16 | 168.93 | 165.22 | |
| Total Revenue | 461.67 | 302.81 | 192.79 | 141.39 | 121.96 | |
| Profit After Tax | 70.74 | 32.32 | 31.91 | 4.13 | 1.93 | |
Dr Lalchandani Labs IPO Listing Details
| Listing Date | May 9, 2018 |
| BSE Script Code | 541299 |
| NSE Symbol | |
| ISIN | INE871Z01013 |
| Final Issue Price | ₹30 per share |
Company Profile
Dr. Lalchandani Labs Limited, situated in Delhi, was founded in 2011. It is a provider of diagnostic and associated healthcare testing. Through its integrated network, the firm provides a wide range of diagnostic and related healthcare tests and services to patients and healthcare providers for use in core testing, patient diagnosis, and the prevention, monitoring, and treatment of illness and other health conditions. The company is a NABL Accredited Lab with 5 (Five) Self-Sufficient Labs and several collection centres around Delhi/NCR.
Registrar Info
| Name | Cameo Corporate Services Limited |
| Phone number | +91-44-28460390 |
| Email ID | [email protected] |
| Website | ipo.cameoindia.com |
Contact Details
| Name | Dr Lalchandani Labs Limited |
| Phone number | 011 49057058 |
| Email ID | [email protected] |
| Website | lalchandanipathlab.com |
IPO Strengths
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
Dr Lalchandani Labs IPO FAQs
When Dr Lalchandani Labs IPO will open?
The Dr Lalchandani Labs IPO opens on April 25, 2018 and closes on April 27, 2018.
What is the lot size of Dr Lalchandani Labs IPO?
Dr Lalchandani Labs IPO lot size is 4000 Shares, and the minimum amount required is ₹120,000.
When is Dr Lalchandani Labs IPO allotment?
The finalization of Basis of Allotment for Dr Lalchandani Labs IPO will be done on [.], and the allotted shares will be credited to your demat account by [.].
When is Dr Lalchandani Labs IPO listing date?
The Dr Lalchandani Labs IPO listing date is on May 9, 2018.
Leave a Reply