Dr Lalchandani Labs IPO is set to make its debut on 25th April 18 with 4.20 Cr is a provider of diagnostic and related healthcare tests.
Dr Lalchandani Labs IPO – overview
| IPO Dates | 25-27 April 18 |
| IPO Price | INR 43 per share |
| Fresh issue | – |
| Offer For Sale | Nil |
| Total IPO size | 1,400,000 shares (INR 4.20 crore) |
| Minimum bid (lot size) | 4000 shares |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | BSE Emerge |
Company Overview
Incorporated in 2011, Delhi based Dr. Lalchandani Labs Limited is a provider of diagnostic and related healthcare tests. Through its integrated network, the company offers patients and healthcare providers a broad range of diagnostic and related healthcare tests and services for use in core testing, patient diagnosis and the prevention, monitoring and treatment of disease and other health conditions.
The Company is NABL Accredited Lab and has established 5 (Five) Self-Sufficient Labs and multiple collection centers within Delhi/NCR.
The Company is managing/servicing labs at some of the leading hospitals and operating retail outlets such as-
o Primus Super Specialty Hospital, Chanakyapuri
o Nanda Hospital, Chattarpur (70 Bedded)
o Eden Hospital, East of Kailash (25 Bedded)
o East of Kailash Retail outlet
o Dr Raturi Hospital, Khatima, Uttrakhand
o Lords Day care Centre, Bhogal New Delhi
o Greater Kailash Part 1 – Retail outlet & Head office
o Lajpat Nagar 2 – Retail Flagship outlet
o Shahdra – Retail outlet
o Dwarka Sector 19 – Retail outlet
Arya Samaj Mandir Sarojini Nagar- Charitable Retail Outlet
o Arya Samaj Mandir Malviya Nagar – Charitable Retail Outlet
o Arya Samaj Mandir Kalkaji – Charitable Retail outlet
o Arya Samaj Mandir Kasturbha Nagar – Charitable Retail Outlet
o Jampur Bhawan – Charitable Retail outlet
o 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.
Objects of the Issue
1 To open second major processing center (2000 sq. ft. area) in Delhi/NCR.
2. Repayment/pre-payment, in full or part, of certain borrowings availed by the Company.
3. To purchase advanced machinery and equipment.
4. To open new collection centers based on COCO model.
5. To develop E Applications and E Programs and other I.T. support system.
6. For Recruitment, Training, and Placement of staff to expand operations and other operational expenses.
7. For general corporate purposes.
Company Financials
| Particulars | 31-Mar-17 | 31-Mar-16 | 31-Mar-15 |
| Total Assets | 376.39 | 366.45 | 187.16 |
| Total Revenue | 461.67 | 302.81 | 192.79 |
| Profit After Tax | 70.74 | 32.32 | 31.91 |
Company Contact Information
Dr Lalchandani Labs Limited
M-20 Basement
Greater Kailash-1
New Delhi 110048
Phone: 011 49057058
Email: info@lalchandanipathlab.com
Website: http://www.lalchandanipathlab.com/
Dr Lalchandani Labs IPO Registrar
Cameo Corporate Services Limited
Phone: +91-44-28460390
Email: cameo@cameoindia.com
Website: https://ipo.cameoindia.com/
Dr Lalchandani Labs IPO Lead Manager(s)
- Navigant Corporate Advisors Ltd (Past IPO Performance)
Lead Manager Reports
- IPO Lead Manager Performance Summary
- IPO Lead Manager Performance Tracker
