Chandan Healthcare IPO subscribed 1.5 times so far on Day 3: Check GMP, price band and other details

 

Chandan Healthcare IPO was subscribed 1.48 times, aiming to raise Rs 107 crore, with listing on NSE SME on February 17.

Retail portion subscribed 1.32x, non-institutional investors 4.19x, while QIBs made no bids.

GMP at Rs 3, indicating a 1.9% premium over the IPO price band of Rs 151-159.

Funds to expand diagnostics, with 55.79 lakh tests conducted till December 2024, mostly in Uttar Pradesh.