Nephrocare Health Services Ltd

Incorporated in 2010, Nephrocare Health Services Ltd. provides end-to-end dialysis care through a wide network of clinics across India and select international markets. The company offers services including diagnosis, haemodialysis, home and mobile dialysis, and wellness programs, supported by an in-house pharmacy.As of Sep 30, 2025, Nephrocare operated 519 clinics with 51 across the Philippines, Uzbekistan, and Nepal. This includes the world’s largest dialysis clinic in Uzbekistan. In India, the company had a presence across 288 cities in 21 States and 4 Union Territories. Approximately 77.53% of its clinics were located in tier II and tier III cities, addressing a critical need in underserved regions.During Fiscal 2025, Nephrocare served 29,281 patients and completed 2,885,450 dialysis treatments, accounting for roughly 10% of the country's total dialysis patient base. Additionally, by Sep 30, it has served 31,046 patients and completed 1,591,377 treatments in India. As of Sep 30, 2025, the company has 5,562 dialysis machines.Nephrocare has formed strategic partnerships with established hospital chains such as Max Super Speciality Hospital, Fortis Escorts Hospitals, Care Hospitals, Wockhardt Hospitals, Paras Healthcare, The Calcutta Medical Research Institute, Jehangir Hospital, and Ruby Hall Clinic to operate in-house dialysis centers.Competitive strengthsIndia’s and Asia’s largest dialysis chain with leadership across our marketsScale coupled with asset-light model driving cost efficiencies and operational excellenceDriving clinical excellence and quality through protocols and advanced technologyOrganic growth augmented by proven track record of acquisitions and integration in India and internationallyPatient-centric leadership and seasoned management team backed by marquee investorsDriving sustainable dialysis leadership with environmental, social and governance measuresTrack record of sustainable growth, profitability and return

Nephrocare Health Services Ltd proposes to utilise the net proceeds from the Issue for the following objects: