IPO : Clinitech Laboratory Limited
Clinitech Laboratory Limited IPO
| SYMBOL | CTLLAB |
| ISSUE TYPE | Fixed Price Issue IPO |
| ISSUE OPENS ON | Thursday, July 25, 2024 |
| ISSUE CLOSES ON | Monday, July 29, 2024 |
| ISSUE PRICE | ₹96 per share |
| ISSUE SIZE | Up to Rs.5.78 Crores |
| FACE VALUE | Rs.10 per share |
Clinitech Laboratory IPO is a fixed price issue of Rs 5.78 crores. The issue is entirely a fresh issue of 6.02 lakh shares.
Thank you for reading this post, don't forget to subscribe!Clinitech Laboratory IPO opens for subscription on July 25, 2024 and closes on July 29, 2024. The allotment for the Clinitech Laboratory IPO is expected to be finalized on Tuesday, July 30, 2024. Clinitech Laboratory IPO will list on BSE SME with tentative listing date fixed as Thursday, August 1, 2024.
| MINIMUM BID | 1200 shares |
| MINIMUM AMOUNT | Rs.115,200 |
| MAXIMUM BID | 1200 shares |
| MAXIMUM AMOUNT | Rs.115,200 |
| PROMOTER HOLDING | 61.56% (Post-issue) |
| LISTING DATE | Thursday, August 1, 2024 |
| LISTING AT | BSE-SME |
Clinitech Laboratory IPO price is ₹96 per share. The minimum lot size for an application is 1200 Shares. The minimum amount of investment required by retail investors is ₹115,200. The minimum lot size investment for HNI is 2 lots (2,400 shares) amounting to ₹230,400.
Objects of the Issue (Clinitech Laboratory IPO Objectives)
The Company proposes to utilize the Net Proceeds from the Fresh Issue towards funding the following objects:
- Expansion of Diagnostic Centres; and
- General Corporate Purposes.
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