IPO Synopsis
Nidan Laboratories & Healthcare Ltd
Registered Office: Swapnshilpa Behind Aarti Apart,Vatak Road Virar (West) , Palagar - 401303 , Maharashtra , India.
Phone : 9-8975610000   Fax:
Email :  cs@nidanhealthcare.co.in  
Website :  www.nidanhealthcare.co.in
Initial public issue of 40,00,000 equity shares of face value of Rs. 10/- each ("Equity Shares") of Nidan Laboratories and Healthcare Limited ("The Company" or "The Issuer Company") for cash at a price Rs. 125/- per equity share (including a share premium of Rs. 115/- per equity share) ("Issue Price") aggregating to Rs. 50.00 crores ("The Issue"), out of which 2,00,000 equity shares of face value of Rs. 10/- each for a cash price of Rs. 125/- per equity share, aggregating to Rs. 2.50 croress will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. issue of 38,00,000 equity shares of face value of Rs. 10/- each at an issue price of Rs. 115/- per equity share aggregating to Rs. 47.50 crores (is hereinafter referred to as the "Net Issue"). The issue and the net issue will constitute 28.78% and 27.34%, respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10/- each and the issue price of Rs. 125/- i.e. 12.5 times of the face value.

Issue Money Payable On
Opens On Closes On Application Allotment
28-Oct-21 02-Nov-21 Rs125.00-0.00 Rs0.00-0.00
Minimum Application for shares in Nos :1000  Further Multiples of :1000

  Rs Cr Lead Managers to the Issue
Project Cost 50.00
First Overseas Capital Ltd
Project Financed through Current Offer 50.00  
Post Issue Equity Share Capital 13.90  
Issue Price Rs125.00  
Repayment of LoansGeneral Corporate Expensess
Additional Working Capital
Promoted By
Nithin Vitthalrao Thorave
Listing At
Registrar to the Issue
Bigshare Services Pvt Ltd