Nephro Care India Limited

28 Jun 2024 - 02 Jul 2024 Individual Category SME NSE

Min Investment

₹272000

Price Band

₹85-₹90

Issue Size

33.46 lakhs
Equity Shares

Lot Size

1600 (per lot)

IPO Dates
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28 Jun 2024

Open Date

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02 Jul 2024

Close Date

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03 Jul 2024

Allotment Date

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05 Jul 2024

Listing Date

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.

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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. 

Founded

2014

Managing Director

Dr. Pratim Sengupta.

Parent Organization

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. 

Company Promoters

Subscription Details

Investor Category Subscription (times)
Qualified Institutions 0
Non-Institutional Buyers 0
bNII (bids above ₹10L) 0
sNII (bids below ₹10L) 0
Retail Investors 0
Employees 0
Others 0
Total 0
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