Clinitech Laboratory IPO

Clinitech Laboratory's IPO includes 6,02,400 shares worth INR 5.78 crores for expanding diagnostic centers and general corporate purposes.

Important Details

Open Date : July 25, 2024 Close Date : July 29, 2024 Allotment Date: July 30, 2024 Listing Date: August 1, 2024

Important Details

IPO Price: INR 96 per share Lot Size: 1200 Shares Total Issue Size: INR 5.78 crores

Fundamental Analysis

Clinitech Laboratory IPO analysis shows mixed performance: 1. Revenue decreased ,Equity increased. 2. Debt reliance dropped,profitability and EPS fell sharply. 3. RoNW & inventory turnover decreased. 4. Assets & current ratio increased.

Peer Comparison

Clinitech Laboratory: Modest metrics. Dr. Lalpath Labs: High performance. Thyrocare: Strong, varied profitability and returns. Krsnaa Diagnostics: Strong, varied profitability and returns

Objective

Clinitech Laboratory Limited's main objective is to expand diagnostic centers.

Risks And Challenges

Clinitech Laboratory IPO Risks: 1. Brand reputation. 2. Service quality changes. 3. Regional focus in Thane and Navi Mumbai. 4. Potential operational and financial impacts