Chandan Healthcare: Chandan Healthcare shares get listed at 3.84% premium!Chandan Healthcare: Chandan Healthcare shares get listed at 3.84% premium!

Chandan Healthcare shares debuted with a 3.84% premium, listing at ₹165.10 on the NSE SME. The IPO, which opened from February 10 to 12, 2025, received a strong response, being oversubscribed over 7 times.

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Chandan Healthcare’s IPO, open from February 10 to 12, 2025, was oversubscribed 7.04 times. The retail category saw 2.44 times subscription, while the QIB category was subscribed 7.58 times, and the NII category received 18.85 times bids.

Chandan Healthcare Company, founded in 2003, provides a wide range of pathology and radiology testing services. With over 350 centers across India, it offers 169 routine and 713 specialized pathology tests, alongside 236 radiology tests, supported by a skilled team of professionals.

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The objective of Chandan Healthcare’s IPO is to raise funds for expanding its testing services infrastructure, enhancing laboratory capabilities, supporting working capital requirements, and strengthening its presence across more cities and towns in India.

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.