IPO Issue Details
Issue Price / Price Band₹30 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size4,000 Shares per Lot
Total Issue Size14,00,000 shares (aggregating up to ₹4.20 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenWed, 25 Apr 2018
Subscription CloseFri, 27 Apr 2018
Anchor AllotmentTue, 24 Apr 2018
Basis of AllotmentThu, 03 May 2018
Initiation of RefundsFri, 04 May 2018
Credit of Shares to DematFri, 04 May 2018
Listing DateWed, 09 May 2018
UPI Mandate Deadline2018-04-27
Application & Investment Details
Retail — Min (1 Lots)₹1,20,000 — 4,000 shares
Retail — Max (13 Lots)₹1,560,000 (13 Lots)
HNI — Min (2 Lots)₹2,40,000 — 8,000 shares
Net Offer to Public13,28,000 shares (aggregating up to ₹3.98 Cr)
Reserved for Market Maker72,000 shares (aggregating up to ₹0.2160 Cr)
Pre-IPO Promoter Holding29,33,068 shares
Post-IPO Promoter Holding43,33,068 shares
About Dr Lalchandani Labs Ltd.
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, Chanakyapurio Nanda Hospital, Chattarpur (70 Bedded)o Eden Hospital, East of Kailash (25 Bedded)o East of Kailash Retail outleto Dr Raturi Hospital, Khatima, Uttrakhando Lords Day care Centre, Bhogal New Delhio Greater Kailash Part 1 - Retail outlet & Head officeo Lajpat Nagar 2 - Retail Flagship outleto Shahdra - Retail outleto Dwarka Sector 19 - Retail outletArya Samaj Mandir Sarojini Nagar- Charitable Retail Outleto Arya Samaj Mandir Malviya Nagar - Charitable Retail Outleto Arya Samaj Mandir Kalkaji - Charitable Retail outleto Arya Samaj Mandir Kasturbha Nagar - Charitable Retail Outleto Jampur Bhawan - Charitable Retail outleto Laxmi Narayan Mandir Malviya Nagar - Charitable Retail OutletThe 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
Dr Lalchandani Labs Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 To open second major processing center (2000 sq. ft. area) in Delhi/NCR.
0.35
2
2 Repayment/pre-payment, in full or part, of certain borrowings availed by the Company
1.00
3
3 To purchase advanced machinery and equipment
0.50
4
4 To open new collection centers based on COCO model
0.27
5
5 To Develop E- Applications and E Programs and other I.T. support system.
0.11
6
6 For Recruitment, Training and Placement of staff to expand operations and other operational expenses
0.62
7
7 For general corporate purposes
1.00
Shareholding & Lock-in
Pre-IPO Promoter Holding
29,33,068 shares
Post-IPO Promoter Holding
43,33,068 shares