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Nidan Laboratories & Healthcare Ltd

Registered Office : Swapnshilpa Behind Aarti Apart,Vatak Road Virar (West),Palagar Maharashtra 401303 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

Opens On

Closes On

28-Oct-2021

02-Nov-2021

Money Payable On

Application

Allotment

125.00

0.00

Minimum Application for shares in Nos : 1000.0 Further Multiples of : 1000.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

50.00

13.90

125.00

First Overseas Capital Ltd

Projects

Repayment of Loans

Additional Working Capital

General Corporate Expensess

Promoted By

Nithin Vitthalrao Thorave

Listing At

NSE - SME

Registrar to the Issue

Bigshare Services Pvt Ltd