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

  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

Nephro Care India Limited Financial Information (Restated Consolidated)

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets2,029.85831.11462.93112.84
Revenue1,989.601,709.51342.70183.26
Profit After Tax340.04194.24-0.988.87
Net Worth1,392.32243.7649.521.50
Reserves and Surplus1,332.81193.76-0.480.50
Total Borrowing246.39253.7469.27
Amount in ₹ Lakhs

Nephro Care India Limited Day-wise IPO GMP Trend

GMP DateIPO PriceGMP MovementEstimated Listing PriceLast Updated
05-07-2024 Listing90.00₹175 – No Change₹265 (194.44%)5-Jul-2024 9:23
04-07-202490.00₹175 – Down₹265 (194.44%)4-Jul-2024 10:54
03-07-2024 Allotment90.00₹235 – Up₹325 (261.11%)3-Jul-2024 10:56
02-07-2024 Close90.00₹180 – Up₹270 (200%)2-Jul-2024 10:59
01-07-202490.00₹155 – Up₹245 (172.22%)1-Jul-2024 10:55
30-06-202490.00₹120 – No Change₹210 (133.33%)30-Jun-2024 23:31
29-06-202490.00₹120 – No Change₹210 (133.33%)29-Jun-2024 23:31
28-06-2024 Open90.00₹120 – Up₹210 (133.33%)28-Jun-2024 12:32
27-06-202490.00₹100 – Up₹190 (111.11%)27-Jun-2024 13:32
26-06-202490.00₹20 – Up₹110 (22.22%)27-Jun-2024 0:32
25-06-202490.00₹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 Size1600 Shares
Issue Size₹41.26 Cr
Fresh Issue₹41.26 Cr
Issue TypeBook Build Issue
IPO Listing At:NSE SME

Nephro Care India Limited SME IPO Timeline (Tentative Schedule)

EventTentative Date
Opening Date28th Jun 2024
Closing Date2nd Jul 2024
Basis of Allotment3rd Jul 2024
Initiation of Refunds4th Jul 2024
Credit of Shares to Demat4th Jul 2024
Listing Date5th Jul 2024

Prospectus File

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