Nephro Care India IPO will open for subscription from 28 June 2024. The company aims for an issue size of ₹41.26 Cr through this IPO.
Company Overview
| Full name | Nephro Care India Limited |
| Sector | Healthcare |
| Industry | Hospital & Healthcare Services |
| Company Website | https://www.nephrocareindia.com/ |
About Company
Nephro Care is a Kolkata-based one-stop treatment center offering a wide range of clinical and lifestyle solutions and services to patients beyond just kidney failure treatment. The treatment framework covers the entire spectrum of lifestyle as well as physiological and mental aspects of health and is located at HB 113, Salt Lake City, Kolkata 700106 on a monthly rental model.
Currently, the company provides healthcare services to around 900 chronic kidney disease patients every month and employs over 5 full-time doctors and 10 visiting consultants led by 70 experienced paramedical professionals from its 5,352 sq. ft. flagship clinic in Salt Lake City. and three satellite clinics in Salt Lake, Chandernagar, West Bengal.
Nephro Care recently signed an agreement to take over an existing 60-bed hospital in Madhyamgram, Kolkata, and has begun the project to convert it into a 100-bed multi-specialty hospital. Dr. Sengupta has performed over 1,000 kidney transplants and is a pioneer in the field of holistic kidney care that combines clinical interventions, yoga, and lifestyle support.
The Objectives of the Issue
- 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 IPO Timetable
| IPO Opening date | 28 June 2024 |
| IPO Closing | 02 July 2024 |
| Basis of Allotment | 03 July 2024 |
| Initiation Refund | 04 July 2024 |
| Credit to Demat Account | 04 July 2024 |
| Listing Date | 05 July 2024 |
Nephro Care India IPO details
| Issue type | Book Built Issue IPO |
| IPO issue size | ₹41.26 Cr – 4,584,000 shares |
| Fresh Issue | ₹41.26 Cr – 4,584,000 shares |
| Offer for sale | – |
| Face value | ₹10 per share |
| Price Band | ₹85 to ₹90 per share |
| Lot size | 1600 Shares |
| Market Maker portion | 230,400 shares |
| Shareholding pre-issue | 11,902,400 |
| Shareholding post-issue | 16,486,400 |
| Listing Exchange | NSE SME |
Nephro Care India IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1600 | ₹144,000 |
| Retail (Max) | 1 | 1600 | ₹144,000 |
| HNI (Min) | 2 | 3,200 | ₹288,000 |
Nephro Care India Offer Documents
Nephro Care India IPO Reservation Details
| Investor Category | Shares Offered |
|---|---|
| Anchor Investor Shares Offered | 1,238,400 (27.02%) |
| Market Maker Shares Offered | 230,400 (5.03%) |
| QIB Shares Offered | 825,600 (18.01%) |
| NII (HNI) Shares Offered | 619,200 (13.51%) |
| Retail Shares Offered | 1,444,800 (31.52%) |
| Total Shares Offered | 4,584,000 (100%) |
Nephro Care India Financial Performance
| FY 2021 | FY 2022 | FY 2023 | 9M FY 2024 | |
| Revenue | 182.48 | 342.44 | 1,709.27 | 1,975.14 |
| Expenses | 171.47 | 342.68 | 1,438.40 | 1,530.13 |
| Net income | 8.87 | (0.98) | 194.24 | 340.04 |
Nephro Care India Valuations & Margins
| FY 2021 | FY 2022 | FY 2023 | |
| EPS | 4.44 | (0.03) | 1.94 |
| PE ratio | – | – | 43.81 – 46.39 |
| RONW (%) | 591.33 | (1.98) | 79.68 |
| NAV | 0.75 | 0.50 | 2.44 |
| ROCE (%) | 21.42 | 4.13 | 71.09 |
| EBITDA (%) | 8.47 | 3.67 | 21.33 |
| Debt/Equity | 14.28 | 9.95 | 1.68 |
Company Promoters
- Dr. Pratim Sengupta
Promoter Holding
| Pre Issue Share Holding | 85.02% |
| Post Issue Share Holding | 61.39% |
Nephro Care India Offer GMP Update
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 29 June 2024 | 110 | – | 1,32,000 |
| 28 June 2024 | 95 | – | 1,12,000 |
Nephro Care India IPO Subscription Update
Nephro Care India IPO Allotment Status
Nephrocare IPO allotment status is now available on Bigshare Services’ website. Click on this link to get allotment status.
Nephro Care India IPO Listing Details
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Nephro Care India Listing Day Update
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Nephro Care India Lead Manager(s)
CORPORATE CAPITALVENTURES PRIVATE LIMITED
B1/E13, First Floor, Mohan Co-operative Industrial
Estate, Mathura Road, New Delhi – 110044
Phone: +91 11 – 41824066
Email: smeipo@ccvindia.com
Website: www.ccvindia.com
Nephro Care India Registrar
BIGSHARE SERVICES PRIVATE LIMITED
S6-2, 6th Pinnacle Business Park,
Mahakali Caves Road, next to Ahura Centre,
Andheri East, Mumbai- 400093, Maharashtra
Phone: +91 22 6263 8200
Email: ipo@bigshareonline.com
Website: www.bigshareonline.com
Nephro Care India Contact Details
NEPHRO CARE INDIA LIMITED
Flat No-1JC-18, 5th Floor Sec-III, Salt Lake
Kolkata, Bidhan Nagar Sai Complex, North
24 Parganas -700098 West Bengal
Phone: +91 8017010197
E-mail: cs@nephrocareindia.com
Website: www.nephrocareindia.com
Nephro Care India IPO FAQs
What is the Nephrocare India IPO size?
Nephrocare offer size is ₹ 38.96 – 41.26 crores.
What is the Nephrocare India IPO price band?
Nephrocare public offer price is ₹ 85 – 90 per share.
What is the lot size of the Nephrocare IPO?
Nephrocare offer a lot size is 1,600 shares.
What is Nephrocare IPO GMP today?
Nephrocare IPO GMP today is ₹ 110 per share.
What is the Nephrocare India kostak rate today?
Nephrocare kostak rate today is ₹ NA per application.
What is Nephrocare Subject to the Sauda rate today?
Nephrocare is Subject to the Sauda rate today is ₹ 1,32,000 per application.
Final thoughts
Nephro Care India IPO is going to hit Dalal Street soon. applying for an IPO is purely a personal choice. Study the company well and subscribe if you feel good about it. I hope this post will give you enough details to research the company fundamentally. learn well and make wise decisions.
Happy Investing
