IPO Issue Details
Issue Price / Price Band₹90 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size1,600 Shares per Lot
Total Issue Size45,84,000 shares (aggregating up to ₹41.26 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenFri, 28 Jun 2024
Subscription CloseTue, 02 Jul 2024
Anchor AllotmentThu, 27 Jun 2024
Basis of AllotmentWed, 03 Jul 2024
Initiation of RefundsThu, 04 Jul 2024
Credit of Shares to DematThu, 04 Jul 2024
Listing DateFri, 05 Jul 2024
UPI Mandate Deadline2024-07-02
Application & Investment Details
Retail — Min (1 Lots)₹1,44,000 — 1,600 shares
Retail — Max (13 Lots)₹1,872,000 (13 Lots)
HNI — Min (2 Lots)₹2,88,000 — 3,200 shares
EPS (Pre-IPO)₹1.63
EPS (Post-IPO)₹2.75
P/E Ratio (Pre-IPO)55.15x
P/E Ratio (Post-IPO)32.73x
Net Offer to Public43,53,600 shares (aggregating up to ₹39.18 Cr)
Reserved for Market Maker2,30,400 shares (aggregating up to ₹2.07 Cr)
Pre-IPO Promoter Holding1,19,02,400 shares
Post-IPO Promoter Holding1,64,86,400 shares
About Nephro Care India Ltd.
Incorporated in 2014, Nephro Care India Limited is a comprehensive treatment center located in Kolkata, offering a wide range of clinical and lifestyle solutions, as well as renal insufficiency treatment for patients.Nephro Care is supported by expert doctors, experienced paramedical professionals, and a skilled management team.Currently, the hospital provides healthcare services to approximately 900 Chronic Kidney Disease patients every month. The hospital has 5 permanent doctors, 10 visiting consultants, and 70 experienced paramedical professionals. These services are delivered from its main Salt Lake clinic, which covers an area of 5,352 square feet, and three satellite clinics located in Salt Lake (HB 113) and Chandannagar, West Bengal.At present, Nephro Care offers the following services at its clinics:In-house Dialysis UnitOutpatient Services in areas of Nephrology, Diabetology, Cardiology, Ophthalmology and NeurologyNABL accredited inhouse PathologyInhouse PharmacyAdvance diagnostic facilitiesRenal Nutrition departmentHome CareMukti (Lifestyle Support Program)Home DialysisAs of March 31, 2024 the hospital employs 110 people in various departments.
Objects of the Issue
Nephro Care India Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
Setting up of Multi Speciality Hospital in the name of "Vivacity Multi Specialty Hospital" (unit of Nephro Care) at Kolkata (Madhyamgaram), West Bengal; and
2
General Corporate Expenses
Shareholding & Lock-in
Pre-IPO Promoter Holding
1,19,02,400 shares
Post-IPO Promoter Holding
1,64,86,400 shares