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Nidan Laboratories & Healthcare Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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Nidan Laboratories & Healthcare Ltd IPO

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 (Rs)125.00-0.00 (Rs)0.00-0.00
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 (Rs)125.00  
 
Projects
Repayment of LoansGeneral Corporate Expensess
Additional Working Capital
Promoted By
Nithin Vitthalrao Thorave  
Listing At
NSE - SME 
Registrar to the Issue
Bigshare Services Pvt Ltd