Clinitech Laboratory Limited IPO
Clinitech Laboratory Limited is a BSE SME IPO listed on the BSE SME platform, priced at ₹96 per share. The stock debuted at ₹115, delivering a listing gain of 19.8%. The IPO had a lot size of ₹1200 shares and a minimum investment of ₹1,15,200.
Clinitech Laboratory Limited IPO
- IPO Dates
- Jul 25, 2024 – Jul 29, 2024
- Price band
- ₹96 per equity share
- Minimum Investment
- ₹1,15,200
- Issue size
- ₹5.78 Cr
- Lot size
- 1200
- Allotment Date
- Jul 30, 2024
- Listing
- Aug 1, 2024
- Listing At
- BSE SME
IPO timeline
-
Jul 25, 2024
Open Date
Completed
-
Jul 29, 2024
Close Date
Completed
-
Jul 30, 2024
Allotment Date
Completed
-
Aug 1, 2024
Listing Date
Completed
Clinitech Laboratory Limited IPO Essentials
Clinitech Laboratory Limited IPO Details
Clinitech Laboratory Limited IPO is priced at ₹96 per share with a total issue size of 5.78 crore. The IPO has a lot size of 1200 shares and is listed on BSE SME.
- Issue price
- ₹96 per equity share
- Lot size
- 1200 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 602,400 shares(aggregating up to ₹5.78 Cr)
- Total issue size
- 6,02,400 shares
(aggregating up to ₹5.78 crore) - Fresh issue
- 6,02,400 shares
(aggregating up to ₹5.78 crore) - Listing at
- BSE SME
- List price
- 115.0
- Listing date
- Registrar
- Bigshare Services Pvt Ltd
- Lead manager
-
First Overseas Capital Limited
Market Lot Size
Investors can bid for a minimum of 1200 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 1200 | ₹1,15,200 |
| Retail(max) | 1 | 1200 | ₹1,15,200 |
| NII (min) | 2 | 2,400 | ₹2,30,400 |
Clinitech Laboratory Limited IPO Reservation
Clinitech Laboratory Limited IPO reservation details show category-wise allocation of shares. Out of the total 602,400 shares, approximately 50% for retail investors, and 5.18% for market maker.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | NA (NA%) | |
| Market Maker Shares Offered | 31,200 (5.18%) | |
| Retail Shares Offered | 301,200 (50%) | |
| Total Shares Offered | 602,400 (100%) |
Clinitech Laboratory Limited IPO Analytics
Clinitech Laboratory Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Clinitech Laboratory Limited IPO Subscription Status
Clinitech Laboratory Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 285,600 | 285,600 | 571,200 |
|
Day 1
25-07-24 06:00 PM
|
(0.62) x | 4.33 x | 2.61 x |
|
Day 2
26-07-24 06:00 PM
|
(1.33) x | 10.10 x | 6.03 x |
|
Day 3
29-07-24 06:00 PM
|
(24.66) x | 52.32 x | 39.02 x |
Clinitech Laboratory Limited Valuations
Earnings
- EPS Pre IPO
- ₹2.21/-
- EPS Post IPO
- ₹1.63/-
- P/E Pre IPO
- 43.45
- P/E Post IPO
- 59.03
Returns
- RoNW
- 10.46%
- PAT Margin
- 5.76
Fundamentals
- Debt / Equity
- 0.24
- Price / Book
- 4.55
Clinitech Laboratory Limited Financials( In Lakhs)
| 31-Mar-23 | 31-Mar-22 | 31-Mar-21 | |
|---|---|---|---|
| Assets | 603.33 | 368.74 | 273.32 |
| Revenue | 636.34 | 645.70 | 459.63 |
| Profit After Tax | 61.31 | 51.26 | 40.24 |
Clinitech Laboratory Limited Company & Offer Insights
About Clinitech Laboratory Limited
Clinitech Laboratory Limited was founded in 1990 and offers diagnostic and health testing, as well as services.
The company conducts more than 150 tests in its centres, categorized under such categories as Biochemical Tests, Immunology Tests, Hematology Tests, Molecular Biology Tests, Serology Tests, Microbiology Tests, and Histopathology Tests.
Eight diagnostic centers are scattered around Thane and Navi Mumbai. The firm conducts more than 3 lakh tests per year in its laboratories accredited by NABL (National Accreditation Board for Testing and Calibration Laboratories) well-equipped with the latest technology and high-quality machinery.
The testing facilities of Clinitech Laboratory for medical tests located at Airoli, Navi Mumbai are accredited by NABL (National Accreditation Board for Testing and Calibration Laboratories) as per ISO 15189:2012.
As of May 31, 2024, the company employed 85 people in various departments.
Clinitech Laboratory Limited Promoter(s)
Jagdish Umakant Nayak, Jyoti Jagdish Nayak are the company's promoters of Clinitech Laboratory Limited.
Clinitech Laboratory Limited IPO Issue Objectives
- •
- Expansion of Diagnostic Centres
- •
- General Corporate Purposes.
Clinitech Laboratory Limited IPO - Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Clinitech Laboratory Limited | 2.37 | N/A | 21.12 | 43.45 | 10.46 | 4.55 | N/A |
| Dr Lalpath Labs | 43.05 | N/A | 225.85 | 67.92 | 19.19 | 12.03 | Consolidated |
| Thyrocare Technologies Ltd | 13.42 | N/A | 99.65 | 47.56 | 13.17 | 6.41 | Consolidated |
| Krsnaa Diagnostics Limited | 17.9 | N/A | 250.79 | 38.42 | 7.02 | 2.74 | Consolidated |
Notes:
- The P/E Ratio is computed by dividing the Issue Price/closing market price on July 09, 2024, on BSE by EPS.
- RONW / EPS / NAV etc. is adjusted for face value.
- Clinitech financials are based on March 31, 2024, Restated Financials.
Contact Information
Contact Details
Clinitech Laboratory Limited
+91 22 27792281
AL-1/545, Sector 16, Airoli, Opposite Radhikabai Meghe Vidyalaya, Navi Mumbai, Thane - 400708
Registrar Contact Details
Bigshare Services Pvt Ltd
+91-22-6263 8200
Frequently Asked Questions
Click any question to reveal the answer
Clinitech Laboratory Limited IPO is a Fixed Priced IPO worth ₹5.78 crore. The issue price is ₹96 per share (fixed price). The IPO opens on Jul 25, 2024 and closes on Jul 29, 2024. It will be listed on BSE SME Platform. Bigshare Services Pvt Ltd is the registrar.
The issue price of Clinitech Laboratory Limited IPO is ₹96 per share (fixed price).
The lot size of Clinitech Laboratory Limited IPO is 1200 shares.
The minimum investment for Clinitech Laboratory Limited IPO is approximately ₹1,15,200 based on the issue price .
Clinitech Laboratory Limited IPO opens on Jul 25, 2024 and closes on Jul 29, 2024.
The allotment date of Clinitech Laboratory Limited IPO is Jul 30, 2024.
Clinitech Laboratory Limited IPO is expected to be listed on Aug 1, 2024, on BSE SME Platform.
Clinitech Laboratory Limited IPO valuation snapshot: P/E 59.03, EPS ₹1.63/-, P/B 4.55, RoNW 10.46%, and market cap N/A.
To apply for Clinitech Laboratory Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Clinitech Laboratory Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Clinitech Laboratory Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Clinitech Laboratory Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Clinitech Laboratory Limited IPO allotment status on IPO Ji for quick and easy access.