1.Company Information
Chandan Healthcare Limited was founded in September 2003 and operates diagnostic facilities in North India that provide radiology and pathology testing services. As of December 31, 2024, the company has over three hundred collecting centers spread over more than 23 cities in Uttar Pradesh and more than 19 in Uttarakhand, in addition to one flagship laboratory, seven central laboratories, and 26 satellite centers. The company offers 1,496 examinations in various specialties as of December 31, 2024. The test menu consists of There are 545 radiological tests, such as x-rays, ultrasound, CT, MRI, and specialized CT scans, 1,015 specialized tests, such as immunohistopathology and molecular pathology, and 481 standard pathology tests in basic biochemistry and haematology. There are four MRI machines and eleven CT scanners in the radiology facilities. 15 radiologists were employed by the organization as of December 31, 2024.
2. Strenghts
1) A provider of integrated diagnostics that provides imaging, pathology, and medical consultations.
2) A history of steady financial success and profitability.
3) A committed management group with a wealth of industry knowledge.
4) Uttarakhand has a significant geographic presence, with 39 tier-two cities and towns.
3. Objects of the Issue
The company proposes to utilize the Net Proceeds from the Offer towards the following objects:
1)Setting up a new Flagship Diagnostic Centre in Jankipuram, Lucknow, Uttar Pradesh.
2) Setting up a new Central Reference laboratory at Ayodhya, Uttar Pradesh
3) Setting up a new Central Reference laboratory at Ashiyana, Lucknow, Uttar Pradesh.
4) General corporate purposes.
4.CHANDAN HEALTHCARE LIMITED IPO Registrar
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: chl.ipo@kfintech.com
Website: https://kosmic.kfintech.com