Nephro Care India Limited SME IPO
Issue Size (Net)
up to ₹ 41.26 Cr
Price Band
₹ 85.00 – 90.00 per share
Issue Opens
Jun 28, 2024
Issue Closes
July 03, 2024
About Company – Nephro Care India
Established in 2014, Nephro Care India Limited is a one-stop treatment centre based in Kolkata, offering patients a wide range of clinical and lifestyle solutions and services as well as treatments for kidney failure. The treatment framework covers the entire spectrum of lifestyle, physiological and spiritual aspects of well-being. A pool of specialist physicians, experienced and well-trained paramedical staff and a competent management team supports Nephro Care’s work.
The clinics are equipped with technologically advanced equipment and diagnostic instruments. They have a wide range of diagnostic facilities to give their doctors the freedom to explore all diagnostic options and provide better service and care to their patients under one roof and ensure optimal clinical outcomes.
Recently, the company has signed an agreement to acquire an existing 60-bed hospital in Madhyamgram, Kolkata and embarked on a project to convert the same into a 100-bed multi-speciality hospital, for which a portion of the issue proceeds will be utilised.
Nephro Care India SME IPO Strengths
- Continue to invest in extension of our Hub-and-spoke network.
- Continue to attract, engage and train prominent, skilled doctors and other healthcare professionals.
- Enhance clinical capabilities and improve operating efficiencies.
- Extend clinical services outside the clinic and across the lifetime of the patient.
- Leverage technology to improve patient experience and grow their digital health services.
- Build on their thought leadership through increased focus on academics and research.
Nephro Care India SME IPO Objective
The company intends to utilize the Net Fresh Issue Proceeds for the following Objects
- Setting up of Multi Speciality Hospital in the name of “Vivacity Multi Specialty Hospital” (unit of Nephro Care) at Kolkata (Madhyamgaram), West Bengal; and
- General Corporate Expenses
Nephro Care India Limited Financial Information (Restated Consolidated)
Period Ended | 31 Dec 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
---|---|---|---|---|
Assets | 2,029.85 | 831.11 | 462.93 | 112.84 |
Revenue | 1,989.60 | 1,709.51 | 342.70 | 183.26 |
Profit After Tax | 340.04 | 194.24 | -0.98 | 8.87 |
Net Worth | 1,392.32 | 243.76 | 49.52 | 1.50 |
Reserves and Surplus | 1,332.81 | 193.76 | -0.48 | 0.50 |
Total Borrowing | 246.39 | 253.74 | 69.27 | |
Amount in ₹ Lakhs |
Nephro Care India Limited Day-wise IPO GMP Trend
GMP Date | IPO Price | GMP Movement | Estimated Listing Price | Last Updated |
---|---|---|---|---|
05-07-2024 Listing | 90.00 | ₹175 – No Change | ₹265 (194.44%) | 5-Jul-2024 9:23 |
04-07-2024 | 90.00 | ₹175 – Down | ₹265 (194.44%) | 4-Jul-2024 10:54 |
03-07-2024 Allotment | 90.00 | ₹235 – Up | ₹325 (261.11%) | 3-Jul-2024 10:56 |
02-07-2024 Close | 90.00 | ₹180 – Up | ₹270 (200%) | 2-Jul-2024 10:59 |
01-07-2024 | 90.00 | ₹155 – Up | ₹245 (172.22%) | 1-Jul-2024 10:55 |
30-06-2024 | 90.00 | ₹120 – No Change | ₹210 (133.33%) | 30-Jun-2024 23:31 |
29-06-2024 | 90.00 | ₹120 – No Change | ₹210 (133.33%) | 29-Jun-2024 23:31 |
28-06-2024 Open | 90.00 | ₹120 – Up | ₹210 (133.33%) | 28-Jun-2024 12:32 |
27-06-2024 | 90.00 | ₹100 – Up | ₹190 (111.11%) | 27-Jun-2024 13:32 |
26-06-2024 | 90.00 | ₹20 – Up | ₹110 (22.22%) | 27-Jun-2024 0:32 |
25-06-2024 | 90.00 | ₹0 – No Change | ₹90 (0%) | 26-Jun-2024 0:24 |
Nephro Care India Limited SME IPO Details
SME IPO Issue Opening Date: | June 28, 2024 |
SME IPO Issue Closing Date: | July 03, 2024 |
SME IPO Issue Price: | ₹85.00-90.00 Per Share |
Face Value | ₹10 Per Equity Share |
Lot Size | 1600 Shares |
Issue Size | ₹41.26 Cr |
Fresh Issue | ₹41.26 Cr |
Issue Type | Book Build Issue |
IPO Listing At: | NSE SME |
Nephro Care India Limited SME IPO Timeline (Tentative Schedule)
Event | Tentative Date |
---|---|
Opening Date | 28th Jun 2024 |
Closing Date | 2nd Jul 2024 |
Basis of Allotment | 3rd Jul 2024 |
Initiation of Refunds | 4th Jul 2024 |
Credit of Shares to Demat | 4th Jul 2024 |
Listing Date | 5th Jul 2024 |