Nephro Care India IPO: Read Full Details the Upcoming IPO

Nephro Care India IPO is open for subscription starting Friday, June 28, 2024, and closing on Tuesday, July 2, 2024. This upcoming IPO's price is Rs 85 to 90 per share. The minimum lot size set for the retail category is 1600 shares. Meanwhile, the minimum lot size for the HNI category is 2 lots consisting of 3200 shares. The minimum investment required for retail category investors is Rs 1,44,000 ( 90 x 1600 shares). However, for the HNI category, the minimum investment amount required is Rs 2,88,000 (90 x 3200 shares). Nephro Care India IPO is a fixed price issue of Rs 41.26 crores. This upcoming IPO is entirely a fresh issue of 45.84 lakh equity shares. The allotment for this new IPO is expected to be finalised on Wednesday, July 3, 2024. Nephro Care India IPO will be listed on NSE SME, and the listing date is fixed on Friday, July 5, 2024. The book-running lead manager of Nephro Care India IPO is Corporate Capital Ventures Private Limited. The registrar for this IPO is Bigshare Services Private Limited.

Also Read | Sakthi Finance Limited NCD: All Important Details Discussed

About Nephro Care India Limited

Nephro Care India was incorporated in 2014, is a comprehensive treatment centre located in Kolkata. It offers clinical and lifestyle solutions. It also provides renal insufficiency treatments for patients. Nephro Care has a team of expert doctors, experienced paramedical professionals and a skilled management team. Currently, Nephro Care’s 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 our main Salt Lake clinic, which covers an area of 5,352 square feet, and three satellite clinics located in Salt Lake and Chandannagar, West Bengal. At present, Nephro offers services such as an In-house Dialysis Unit, Outpatient Services in the areas of Nephrology, Diabetology, Cardiology, Ophthalmology and Neurology, NABL accredited inhouse Pathology, Inhouse Pharmacy, advanced diagnostic facilities, Renal Nutrition department, Home Care, Home Dialysis. Currently, Nephro Hospital has a team of 110 people in various departments. 

Objectives of Nephro Care India IPO

The funds received from this initial public offer will be used to establish a Multi-Speciality Hospital named “Vivacity Multi Specialty Hospital” in Kolkata, West Bengal. Additionally, general corporate purposes will also be fulfilled. 

Financials of Nephro Care India Limited (Amt in Rs Lakhs)

Nephro Care India posted revenue of Rs 1,989.60 lakhs and net profit of Rs 340.04 lakhs for the period ending on 31 Dec 2023. Earlier, in the period ending on 31 March 2023, the firm reported a revenue of Rs  1,709.51 lakhs and PAT of Rs 194.24 lakhs. The company’s revenue increased by 398.84% and PAT increased by 19920.41% between the financial year ending with 31 March 2023 and 31 March 2022.

Other Important Details of Nephro Care India IPO

Time-Table of Nephro Care India IPO

Lot Size of Nephro Care India IPO

IPO Reservation of Nephro Care India Limited

Performance Indicator of Nephro Care India Limited

The market capitalization of Nephro Care India is Rs 148.38 crore.

EPS and P/E Ratio Post IPO

Promoters of Nephro Care India Limited and Their Holdings

The promoters of Nephro Care India company are Dr. Pratim Sengupta.

Lead Manager(s) of Nephro Care India IPO

The lead manager for Nephro Care India IPO is Corporate Capital Ventures Private Limited.

How do you apply for the Nephro Care India IPO?

Wait for the public issue to open for subscription, then click here to apply for the Nephro Care India Limited IPO with Bigul.

How do you check the allotment status of Nephro Care India IPO?

Bigshare Services Private Limited is the registrar for Nephro Care India IPO. To check your allotment status, please click here.

FAQs

1. What are the details of the Nephro Care India IPO?

Nephro Care India IPO is a fixed price issue of Rs 41.26 crores. This upcoming IPO is entirely a fresh issue of 45.84 lakh equity shares. The allotment for this new IPO is expected to be finalised on Wednesday, July 3, 2024.

2. Who are the lead managers for the Nephro Care India Limited IPO?

Corporate Capital Ventures Private Limited is appointed as the lead manager for the IPO.

3. What is the role of Kfin Technologies Private Limited in this IPO?

Bigshare Services Private Limited is the registrar for Nephro Care India Limited, handling the IPO's administrative aspects.

4. How can I apply for the Nephro Care India IPO?

The public subscription of this new IPO will open on June 28, 2024. Click here to initiate the application process.

5. How will the net proceeds from the IPO be utilised?

The funds received from this initial public offer will be used to establish a Multi-Speciality Hospital named “Vivacity Multi Specialty Hospital” in Kolkata, West Bengal. Additionally, general corporate purposes will also be fulfilled. 

6. How can I check the allotment status of the IPO?

Investors who applied can check the allotment status of the Nephro Care India Limited IPO by visiting here. For further updates follow Bigul. 

7. What is the financial performance of Nephro Care India Limited?

Nephro Care India posted revenue of Rs 1,989.60 lakhs and net profit of Rs 340.04 lakhs for the period ending on 31 Dec 2023. The company’s revenue increased by 398.84% and PAT increased by 19920.41% between the financial year ending with 31 March 2023 and 31 March 2022.

Also Read | Quant Mutual Fund Gives Official Clarification in SEBI probe in Front- Running Case