Dr. Lalchandani Labs Limited SME IPO

Incorporated in 2011, Delhi based Dr. Lalchandani Labs Limited is a provider of diagnostic and related healthcare tests. Through its integrated network, the company offers patients and healthcare providers a broad range of diagnostic and related healthcare tests and services for use in core testing, patient diagnosis and the prevention, monitoring and treatment of disease and other health conditions.

The Company is NABL Accredited Lab and has established 5 (Five) Self-Sufficient Labs and multiple collection centers within Delhi/NCR.

Issue Details

Dr. Lalchandani Labs Limited
 Issue Open

 Apr 25, 2018 - Apr 27, 2018 
 Issue Price  Rs 30 Per Equity Share 
 Market Lot  4000 Shares 
 Minimum Order  Quantity  4000 Shares 
 Issue Size  1,400,000 Equity Shares of Rs 10 aggregating up to Rs 4.20 Cr 
 Face Value  Rs 10 Per Equity Share
 Listing At  BSE SME


Company Promoters:

The Promoters of the Company are
Mr. Arjan Lal Chandani
Mr. Mohit Lal Chandani
Mrs. Anchal Gupta

Objects of Dr. Lalchandani Labs Limited  - SME IPO:

The Objects of the Issue are:
1. To open second major processing center (2000 sq. ft. area) in Delhi/NCR.
2. Repayment/pre-payment, in full or part, of certain borrowings availed by the Company.
3. To purchase advanced machinery and equipment.
4. To open new collection centers based on COCO model.
5. To develop E Applications and E Programs and other I.T. support system.
6. For Recruitment, Training, and Placement of staff to expand operations and other operational expenses.
7. For general corporate purposes.

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