Nephro Care India IPO Details:

  • IPO Opening and Closing: The IPO was open from June 28, 2024, to July 2, 2024.
  • Allotment Date: Shares were allotted on July 3, 2024.
  • Listing Date: Shares listed on July 5, 2024, on the NSE SME platform.
  • IPO Size: Total issue size was ₹41.26 crores, offering 4,584,000 equity shares at ₹10 each.
  • Price Range: Priced between ₹85 and ₹90 per share.
  • Lot Size: Minimum of 1600 shares, corresponding to ₹144,000.

Investment and Allotment Process:

  • Investor Categories: Available to QIB, NII, and RII with specific portions for each.
  • Application Process: Via ASBA online, UPI through brokers, or offline forms through brokers.
  • Checking Allotment Status: Via trading platform IPO sections or the registrar’s website.

Company Overview:

Nephro Care India Limited, established in 2014, operates as a comprehensive renal care provider in Kolkata, offering a wide range of treatments related to kidney health.

Facilities and Services:

Operates a main clinic and several satellite clinics providing services such as dialysis, outpatient care, in-house pathology, pharmacy, and more.

Future Plans:

Funds raised from the IPO are intended for establishing “Vivacity Multi Specialty Hospital” in Kolkata to enhance healthcare services.

Financial Performance:

For the first nine months of FY 2023-24, reported revenue was ₹19.75 crore and profit was ₹3.4 crore.