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Nephro Care India Limited

SME

Issue Price

₹85- ₹90

per equity share

Issue Size

33.46 lakhs

equity share

Face Value

₹ 10

per equity share

Market Lot

1600

equity share

Please note

Listing at NSE

Nephro Care India Limited

Important Dates

IPO Open Date

28 Jun 2024

IPO Close Date

02 Jul 2024

Allotment Date

03 Jul 2024

Initiation of Refunds

04 Jul 2024

Credit of Shares to Demat Account

04 Jul 2024

IPO Listing Date

05 Jul 2024

UPI Mandate Expiry Date

02 Jul 2024

IPO Details

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.

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. 

Parent Organisation

-

Founded

2014

Managing Director

Dr. Pratim Sengupta.

IPO Objectives

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. 

How to apply for IPO

  • Login to your Bigul account and select the issue in the current IPO section
  • Enter the number of lots and price at which you wish to apply for
  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange
  • You will receive a mandate notification to block funds in your UPI app
  • Approve the mandate request on your UPI and funds will be blocked
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