Clinitech Laboratory Limited

Company Name	Clinitech Laboratory Limited
Open Date	25-07-2024
Close Date	29-07-2024
Exchange	BSE SME
Lot Size	1200 Shares
Issue Price	₹96 per share
Issue Size	6,02,400 shares
Application Amount	₹1,15,200
Recommendation	Avoid

Clinitech Laboratory Limited originally formed and incorporated as on March 19, 2010. The registered office is in Thane, Maharashtra. The company is a provider of diagnostic and healthcare tests and services through chain of 8 diagnostic centres in and around Thane and Navi Mumbai. The company conducts more than 150 tests at its centres around Thane and Navi Mumbai. The company had 85 full-time employees as on May 31, 2024.

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Financial Summary in Lakhs

KPI’s	FY 22	FY 23	FY 24
Revenue	638.43	634.75	640.30
EBITDA	106.65	135.10	98.04
Net Profit	51.26	61.31	37.12
RoCE	29.48%	21.17%	13.62%
ROE	27.74%	25.75%	10.46%
P/E (x)	28.07	23.47	40.51

Tentative Timeline

Opening Date	25-07-2024
Closing Date	29-07-2024
Basis of Allotment	30-07-2024
Initiation of Refunds	31-07-2024
Credit of Shares to Demat	31-07-2024
Listing Date	01-08-2024

Objects of the Issue

Expansion of Diagnostic Centres

General Corporate Purposes.

Contact Information

Registered Office	Clinitech Laboratory Limited AL-1/545, Sector 16, Airoli Opposite Radhikabai Meghe Vidyalaya Navi Mumbai, Thane - 400708
Phone	+91 22 27792281
Email	ipo@clinitechlab.com
Website	https://clinitechlab.com/

Offer Documents

Clinitech Laboratory IPO DRHP

Clinitech Laboratory IPO RHP

Registrar Details

Name	Bigshare Services Pvt Ltd
Phone	+91-22-6263 8200
Email	ipo@bigshareonline.com
Website	https://ipo.bigshareonline.com/ipo_status.html

IPO Reservation

Retail Shares Offered	50% of the Net Issue
Other Shares Offered	50% of the Net Issue

Shareholding Pattern

Share Holding Pre Issue (Promoters)	83.65%
Share Holding Post Issue (Promoters)	61.58%