clinitech lab ipo

Clinitech Laboratory IPO

  • Status: Closed
  • RHP:
  • ₹ 115,200 / 1200 shares

    Minimum Investment

Clinitech Laboratory IPO Details

  • Open Date

    25 Jul 2024

  • Close Date

    29 Jul 2024

  • Listing Date

    01 Aug 2024

  • IPO Price Range

    ₹ 96

  • IPO Size

    ₹ 5.78 Cr

  • Listing Exchange

    BSE SME

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Clinitech Laboratory IPO Subscription Status

Last Updated: 29 July 2024 6:00 PM by 5paisa

Clinitech Laboratory Limited, established in 1990, runs eight diagnostic centers in and around Thane and Navi Mumbai, providing diagnostic and healthcare tests and services.

The organization conducts over 300,000 tests each year in its NABL (National Accreditation Board for Testing and Calibration Laboratories) approved labs, which are outfitted with cutting-edge technology and high-end equipment.

The company's medical testing facilities in Airoli, Navi Mumbai, have been issued a Certificate of Accreditation by the NABL (National Accreditation Board for Testing and Calibration Laboratories) under ISO 15189:2012.

As of December 31, 2023, the firm employed 74 workers across several divisions.


Peers

Dr Lalpath Lab
Thyrocare

For more information

Webstory on Clinitech Laboratory IPO

Profit and Loss

Balance Sheet

Particulars (in Rs. Crores) FY23 FY22 FY21
Revenue from operations 6.36 6.46 4.60
EBITDA 1.37 1.14 0.87
PAT 0.61 0.51 0.40
Particulars (in Rs. Crores) FY23 FY22 FY21
Total Assets 6.03 3.69 2.73
Share Capital 1.50 1.50 0.67
Total Borrowings 1.03 0.89 0.54
Particulars (in Rs. Crores) FY23 FY22 FY21
Net cash generated from / (used in) operating activities 1.25 0.96 0.38
Net cash from / (used in) investing activities -0.65 -1.47 0.54
Net cash flow from / (used in) financing activities 0.09 0.29 -0.88
Net increase (decrease) in cash and cash equivalents 0.68 -0.22 0.04


Strengths

1. Clinitech Laboratory Limited has over three decades of experience in the diagnostic and healthcare services sector. 
2. The company's labs are accredited by NABL, conforming to ISO 15189:2012 standards. 
3.  Clinitech's diagnostic centers are equipped with modern technology and high-end equipment
 

Risks

1. The company operates primarily in Thane and Navi Mumbai. 
2. The healthcare and diagnostic sector is subject to stringent regulatory requirements. 
3. The diagnostic and healthcare services market is highly competitive.
4. The company’s operations involve significant logistical and operational challenges.
 

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FAQs

Clinitech Laboratory IPO opens from 25th July to 29th July 2024.

The size of Clinitech Laboratory IPO is ₹5.78 Cr.

The price of Clinitech Laboratory IPO is fixed at ₹96 per share. 

To apply for Clinitech Laboratory IPO, follow the steps given below:

●    Login to your 5paisa account and select the issue in the current IPO section    
●    Enter the number of lots and the price at which you wish to apply for the Clinitech Laboratory IPO.    
●    Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.    

You will receive a mandate notification to block funds in your UPI app.

The minimum lot size of Clinitech Laboratory IPO is 1200 shares and the investment required is ₹1,15,200.

The share allotment date of Clinitech Laboratory IPO is 30th July 2024

The Clinitech Laboratory IPO will be listed on 1st August 2024.

First Overseas Capital Limited is the book-running lead manager for Clinitech Laboratory IPO.

Clinitech Laboratory plans to utilize the raised capital from the IPO for:

Expansion of Diagnostic Business
Issue Related Expenses
General Corporate Purposes.