Clinitech Laboratory Limited provides diagnostic and health testing and services.
The company performs more than 150 tests in its centers, which are divided into different categories: Biochemical Tests, Immunology Tests, Hematology Tests, Molecular Biology Tests, Serology Tests, Microbiology Tests and Histopathology Tests.
Clinitech Laboratory has 8 diagnostic centers in and around Thane and Navi Mumbai. The company conducts more than 3 lakh tests per year in its NABL (National Accreditation Board for Testing and Calibration Laboratories) accredited laboratories equipped with modern technology and high quality equipment.
The company’s medical testing facilities at Airoli, Navi Mumbai have been 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 IPO – Details
| IPO Opening Date | 25 July 2024 |
| IPO Closing Date | 29 July 2024 |
| Issue Type | Fixed Price Issue IPO |
| Issue Size | Total Issue Size: 6,02,400 Shares Worth ₹5.78 Crore Fresh Issue: 6,02,400 Shares Worth ₹5.78 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹96 |
| Market Lot | 1200 Shares |
| Min Order | 1200 Shares (1 Lot) |
| Listing At | BSE SME |
| Register | Bigshare Services Pvt Ltd |
| Retail Shares Offered | 50% |
| Other Shares Offered | 50% |
Clinitech Laboratory IPO – Date Schedule
| IPO Open Date | 25 July 2024 |
| IPO Close Date | 29 July 2024 |
| Basis of Allotment | 30 July 2024 |
| Initiation of Refund | 31 July 2024 |
| Credit of Shares to Demat Account | 31 July 2024 |
| IPO Listing Date | 01 August 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on July 29, 2024 |
Clinitech Laboratory IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1200 | ₹1,15,200 |
| Retail (Max) | 1 | 1200 | ₹1,15,200 |
| HNI (Min) | 2 | 2400 | ₹2,30,400 |
Competitive Strengths
- NABL Accreditation.
- Chain of Diagnostic Centers.
- Experienced Promoter and management team with strong industry expertise and successful track record.
- Strong and long-standing customer relationships.
Company Promoters
- Jagdish Umakant Nayak
- Jyoti Jagdish Nayak
- Ashutosh Jagdish Nayak
Company Financials
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2022 | 6.45 | 5.31 | 0.51 | 0.88 |
| 31 March 2023 | 6.36 | 4.99 | 0.61 | 1.02 |
| 31 March 2024 | 6.43 | 5.42 | 0.37 | 0.86 |
Key Performance Indicator
| KPI | Values |
|---|---|
| Debt/Equity | 0.24 |
| RoNW | 10.46% |
| P/BV | 4.55 |
| PAT Margin (%) | 5.76 |
| Pre IPO | Post IPO | |
| EPS (Rs) | 2.21 | 1.63 |
| P/E (x) | 43.45 | 59.03 |
Object Of The Issue
Clinitech Laboratory IPO Promoter Holding
| Pre Issue Share Holding | 83.63% |
| Post Issue Share Holding | 61.56% |
Clinitech Laboratory IPO Prospectus
Company Contact Information
| Clinitech Laboratory Limited AL-1/545, Sector 16, Airoli Opposite Radhikabai Meghe Vidyalaya Navi Mumbai, Thane – 400708, Phone: +91 22 27792281 Email: ipo@clinitechlab.com Website: https://clinitechlab.com/ |
Clinitech Laboratory IPO Registrar
| Bigshare Services Pvt Ltd Phone: +91-22-6263 8200 Email: ipo@bigshareonline.com Website: https://ipo.bigshareonline.com/ipo_status.html |
Clinitech Laboratory IPO Lead Manager(s)
| 1. First Overseas Capital Limited |
Clinitech Laboratory IPO FAQs
| What is Clinitech Laboratory IPO? Clinitech Laboratory IPO is a SME IPO. The issue is priced at ₹96 per equity share. The IPO is to be listed on BSE SME. |
| When Clinitech Laboratory IPO will open? The IPO is to open on 25 July 2024 for QIB, NII, and Retail Investors. |
| What is Clinitech Laboratory IPO Investors Portion? The investors’ portion for Retail – 50%, Other – 50%. |
| How to Apply the Clinitech Laboratory IPO? You can apply Clinitech Laboratory IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Clinitech Laboratory IPO through Angle One? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Clinitech Laboratory IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Angle One. |
| How to Apply the Clinitech Laboratory IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Clinitech Laboratory IPO“. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the Clinitech Laboratory IPO through Upstox? Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Clinitech Laboratory IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox. |
| How to Apply the Clinitech Laboratory IPO through IIFL? Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “Clinitech Laboratory IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with IIFL. |
| What is Clinitech Laboratory IPO Size? Clinitech Laboratory IPO size is ₹5.78 Crore. |
| What is Clinitech Laboratory IPO Price Band? Clinitech Laboratory IPO Price Band is ₹96. |
| What is Clinitech Laboratory IPO Minimum and Maximum Lot Size for retail? The minimum bid is 1200 Shares with ₹1,15,200 amount while the maximum bid is 1200 Shares with ₹1,15,200. |
| What is the Clinitech Laboratory IPO Allotment Date? Clinitech Laboratory IPO allotment date is 30 July 2024. |
| What is the Clinitech Laboratory IPO Listing Date? Clinitech Laboratory IPO listing date is 01 August 2024. The IPO is to be listed on BSE SME. |
