Investor FAQs

Often many questions may arise in the minds of the Investors with regard to any company. We have identified some of the possible queries and have answered them.

Corporate Profile

When was THYROCARE founded and what is the Company’s line of business?

THYROCARE was founded in 1995, while THYROCARE TECHNOLOGIES LIMITED as a company was incorporated in 2000.

Thyrocare Technologies Limited (Thyrocare) is engaged in Clinical Laboratory Services. It focuses on 1. Thyroid. 2. Metabolic Disorders. 3. Chronic Disorders. 4. Preventive care. It processes in a day 200,000 investigations and to make it simple, Thyrocare has India’s first and most advanced Totally Automated Laboratory.

What are the uniqueness’s of THYROCARE?

  • Focus on clinical chemistry and preventive care diagnosis.
  • Air-cargo logistics, which ensure the samples reach our laboratory every night, same night, before midnight.
  • Our focused clinical laboratory works 24 x 7 to cater to the needs of our customers.
  • Total Laboratory Automation – India’s First and World’s longest automatic laboratory equipment supplied by Siemens.
  • India’s First preanalytical barcoded vial sorter (MUT) and Sample Sorter (Roche).

Where are Registered Office and Corporate Office of Thyrocare located and what is the mailing address?

The Registered Office, Corporate Office and the Central Processing Laboratory of THYROCARE are located in Turbhe, Navi Mumbai, India.


Corporate Office:-
D-37/3,TTC Industrial Area,
MIDC, Turbhe,
Navi Mumbai 400 703
Tel: 91 22 2762 2762
Fax: 91 22 6778 9660
E-Mail: investors@thyrocare.comRegistered Office:-
D-37/1,TTC Industrial Area,
MIDC, Turbhe,
Navi Mumbai 400 703
Tel: 91 22 2762 2762
Fax: 91 22 6778 9660
Where are the Laboratories located?

The Central Processing Laboratory, which is the biggest of its kind in the world, are located at the above address.
The Company has also set up thirteen Regional Processing Laboratories which are located in:

  1. New Delhi
  2. Hyderabad
  3. Coimbatore
  4. Kolkata
  5. Bhopal
  6. Bengaluru
  7. Mumbai
  8. Patna
  9. Chennai
  10. Pune
  11. Bhubaneswar, Odisha
  12. Lucknow
  13. Cochin

The Company has plans to set up Regional Processing Laboratories in a few more places.

Does Thyrocare have any subsidiary, and if so what is its line of business?

Thyrocare has a wholly owned subsidiary, viz. NUECLEAR HEALTHCARE LIMITED (NHL). Nueclear Healthcare Ltd is engaged in the business of imaging diagnostic services, viz. PET-CT Scan, nuclear scanning, etc.

Nueclear Healthcare Ltd has its scanning centres in Navi Mumbai, New Delhi, Hyderabad, Jaipur, Raipur, Mumbai, Aurangabad, Nashik, Bangalore and Coimbatore.

Nueclear Healthcare Ltd is planning to have scanning centres in more places in due course.

Who are Company’s Auditors?

M/s.MSKA & Associates are the statutory auditors of the Company.
M/s. Ernst and  Young are the internal auditors.


When did Thyrocare come out with its IPO and what was the Issue price? How was the response? At what price it got listed?

Thyrocare came out with IPO in April 2016. The Issue was for sale of 1,07,44,708 shares by some of the existing shareholders at an issue price of Rs.446/- including a premium of Rs.436/-. The Issue opened on April 27, 2016 and closed on April 29, 2016. The Issue was oversubscribed about 75.40 times, which is the highest in healthcare industry in india. The shares got listed on May 09, 2016 at a price of Rs.665/-.

What are the Stock Exchanges where Thyrocare Shares are listed, and what are the codes?

THYROCARE’ equity shares are listed in India at

National Stock Exchange (NSE: THYROCARE)


Bombay Stock Exchange (BSE: 539871).

What is Thyrocare’s ISIN Code?

THYROCARE ISIN code is INE594H01019

Has the Company issued any bonus shares till now?

Yes. The Company has an impressive history of Bonus Issues as follows:

  1. One Bonus Share for every One share held, in the year 2003-04.
  2. Five Bonus Shares for every Two shares held, in the year 2005-06.
  3. Three Bonus Shares for every One share held in the year 2014-15.

Dividend History since 2015-16?


2019-20: 50%

2018-19: 200%

2017-18: 100%

2016-17: 100%

2015-16: 100%

How can I record a change in my address?

Please let us know your Folio No., old address and the new address. We will have your address changed in the relevant records and confirm to you.

Can I nominate anyone to inherit my shares?

By clicking the link below, you will be able to access the Nomination Form, which you may fill up, sign and send to us, and we will have it registered in the relevant records and confirm to you. click Here