Clinitech Laboratory IPO details, Date, Price, GMP, Review

Clinitech Laboratory IPO
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Clinitech Laboratory IPO details Today : Clinitech Laboratory IPO details Today is Open on 25 July 2024 and Close on 29 July 2024. Clinitech Laboratory IPO to Raise 602,400 shares (Approx ₹5.78 Cr) via IPO. The Fresh issue of 602,400 shares (Approx ₹5.78 Cr). 


Clinitech Laboratory was incorporated in 1990 We are a provider of diagnostic and healthcare Tests and services through chain of 8 diagnostic centers in and around Thane and Navi Mumbai. Our Promoters have 30+ years of experience in diagnostic business.

We conduct more than 3 Lakh tests per year in our NABL (National Accreditation Board for Testing and Calibration Laboratories) accredited labs equipped with modern technology and high-end equipment.  We conduct more than 150 tests at our centres which are classified under various heads as under.

  1. Biochemistry tests
  2. Immunology tests
  3. Hematology tests
  4. Molecular Biology tests
  5. Serology tests
  6. Microbiology tests
  7. Histopathology tests
OUR STRATEGIES
  • Leveraging our existing products / services portfolio
  • Leveraging our Infrastructure
  • Collaboration and continuous Training
  • Inorganic Growth

Our Products and Services

Clinical pathology is a medical specialty that focuses on the diagnosis of diseases and conditions through the analysis of bodily fluids and tissues. It includes various laboratory tests and techniques such as blood tests, urine analysis, and tissue biopsies to help healthcare professionals understand the underlying causes of a patient’s symptoms and guide treatment
decisions. Clinical pathologists play a crucial role in interpreting test results and providing valuable information to aid in patient care. Brief description of various tests conducted at our diagnostic centres:

  • Biochemistry plays a crucial role in pathology, the study of disease processes. It helps us understand the molecular and biochemical mechanisms underlying diseases.
  • A serology test is a blood test that analyzes serum, which is the clear liquid portion of blood. This test is often used to detect antibodies in the blood, which are produced by the immune system in response to infections or other foreign substances. Serology tests can be used to diagnose various infectious diseases, including viral infections like HIV, Hepatitis, and COVID-19.
  • Microbiology tests in pathology involve the study of microorganisms such as bacteria, viruses, fungi, and parasites to diagnose infectious diseases and understand their characteristics. These tests are crucial for identifying the causative agents of infections, determining their susceptibility to antibiotics, and monitoring treatment efficacy. Test like (Bacterial Culture, Viral Culture, Tuberculosis (TB), Molecular Tests etc.) is done under microbiology.
  • Hematology tests in pathology are diagnostic procedures that involve the examination of blood samples to assess various aspects of blood and blood-related disorders. These tests are crucial for diagnosing and monitoring conditions such as anemia, leukemia, clotting disorders.

Clinitech Laboratory IPO Date & Price Band Details

IPO Open Date 25 July 2024
IPO Close Date 29 July 2024
IPO Size 602,400 shares (Approx ₹5.78 Cr)
Fresh Issue 602,400 shares (Approx ₹5.78 Cr)
Lot Size 1200 Shares
IPO Face Value ₹10 Per Equity Share"
IPO Price Band ₹96 Per Every Share
IPO Listing On BSE SME
IPO Retail Quota 50%
IPO QIB Quota -%
IPO NII Quota 50%
DRHP Draft Click Here
Anchor Investor Click Here

Clinitech Laboratory IPO Market Lot Details

Application Lot Size Shares Amount
Retail Minimum 1 1200 ₹115,200
Retail Maximum 1 1200 ₹115,200
S-HNI Minimum 2 2400 ₹230,400

Object of the Issue

  1. Expansion of Diagnostic Centres.
  2. General Corporate Purposes.

Clinitech Laboratory IPO Allotment & Listings (Details)

IPO Open Date 25 July 2024
IPO Close Date 29 July 2024
Basis of Allotment 30 July 2024
Refunds 31 July 2024
Credit to Demat Account 31 July 2024
IPO Listing Date 1 August 2024

Clinitech Laboratory Financial Reports

₹ in Crores
Year Revenue Expense PAT
2024 ₹6.44 ₹5.42 ₹0.37
2023 ₹6.36 ₹5.00 ₹0.61
2022 ₹6.46 ₹5.32 ₹0.51

Our Company Promoters

  1. Jagdish Umakant Nayak
  2. Jyoti Jagdish Nayak

Qualitative Factors

  • NABL Accreditation.
  • Chain of Diagnostic Centers.
  • Experienced Promoter and management team with strong industry expertise and successful track record.
  • Strong and long-standing customer relationships.

Clinitech Laboratory IPO Comparison Listed Industry Peers Group

Company Name Face Value EPS P/E Ratio Ro NW (%) NAV Per Revenue (₹ in Crore)
Clinitech 10.00 4.09 23.49 27.74% 15.87 6.36
Peer Group
Dr Lalpath Labs 10.00 29.12 84.26 715.53% 203.91 2058.60
Thyrocare 10.00 12.16 55.16 12.02% 101.12 635.09
Krsnaa Diagnostics 5.00 19.78 35.85 8.41% 235.28 506.50

Comparison of Accounting Ratios with Listed Peer Group Companies

  • Clinitech
  • Dr Lalpath Labs
  • Thyrocare
  • Krsnaa Diagnostics

Also Read: VVIP Infratech IPO details, Date, Price, GMP, Review

Clinitech Laboratory Company Contact Details

AL-1/545, Sector 16, Airoli, Opposite Radhikabai Meghe
Vidyalaya, Navi Mumbai, Thane – 400708,
Maharashtra, India
Tel: +91 22 27792281 / +91 9004072223
E-mail: ipo@clinitechlab.com
Website: www.ctllab.in

Clinitech Laboratory IPO Registrar

BIGSHARE SERVICES PRIVATE LIMITED
S6-2, 6th Floor, Pinnacle Business Park,
Mahakali Caves Road, Next to Ahura Centre,
Andheri East, Mumbai – 400 093, Maharashtra, India
Tel. No.: +91 22 6263 8200
Email: ipo@bigshareonline.com
Website: www.bigshareonline.com
Investor Grievance Email: investor@bigshareonline.com
Contact Person: Babu Rapheal C.

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