Nephro Care India Limited IPO Detail
Incorporated in 2014, Nephro Care India Limited is a comprehensive treatment center located in Kolkata, offering a wide range of clinical and lifestyle solutions, as well as renal insufficiency treatment for patients.
Nephro Care is supported by expert doctors, experienced paramedical professionals, and a skilled management team.
Currently, the 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 (HB 113) and Chandannagar, West Bengal.
At present, Nephro Care offers the following services at its clinics:
- In-house Dialysis Unit
- Outpatient Services in areas of Nephrology, Diabetology, Cardiology, Ophthalmology and Neurology
- NABL accredited inhouse Pathology
- Inhouse Pharmacy
- Advance diagnostic facilities
- Renal Nutrition department
- Home Care
- Mukti (Lifestyle Support Program)
- Home Dialysis
As of March 31, 2024 the hospital employs 110 people in various departments.
Company Promoters
Dr. Pratim SenguptaIPO Details
| IPO Opening Date | Jun 28, 2024 |
| IPO Closing Date | Jul 02, 2024 |
| Issue Type | Book Built Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹85 - 90 per equity share |
| Market Lot | 1600 Shares |
| Min Order Quantity | 1600 Shares |
| Listing At | NSE SME |
| Issue Size | ₹41.26 Cr |
| Fresh Issue | ₹41.26 Cr |
| Offer for Sale | - |
| Retail Portion | 35% |
IPO Subscription (Bidding Detail)
| AS On | QIB | SHNI | BHNI | NII | RII | TOTAL |
|---|---|---|---|---|---|---|
| Day 1 | 0.09x | 0.00x | 0.00x | 14.13x | 30.20x | 16.84x |
| Day 2 | 2.68x | 0.00x | 0.00x | 206.07x | 210.48x | 139.29x |
| Day 3 | 245.14x | 0.00x | 0.00x | 1787.19x | 634.12x | 715.78x |
IPO Tentative Timetable
The Nephro Care India Limited IPO open date is Jun 28, 2024, and the close date is Jul 02, 2024. The issue may list on Jul 05, 2024.
| IPO Open Date | Jun 28, 2024 |
| IPO Close Date | Jul 02, 2024 |
| Basis of Allotment Date | Jul 03, 2024 |
| Initiation of Refunds | Jul 04, 2024 |
| Credit of Shares to Demat Account | Jul 04, 2024 |
| IPO Listing Date | Jul 05, 2024 |
IPO Lot Size
The Nephro Care India Limited IPO market lot size is 1600 shares. A retail-individual investor can apply for up to 1 lots (1600 shares or ₹144000).
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 1600 | ₹144000 |
| Maximum | 1 | 1600 | ₹144000 |
IPO Promoter Holding
| Pre Issue Share Holding | 85.02% |
| Post Issue Share Holding |
Company Financials:
For the year/period ended (₹ in Lakhs)
| Financial Year | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 31-Mar-21 | 112.84 | 183.26 | 8.87 |
| 31-Mar-22 | 462.93 | 342.70 | -0.98 |
| 31-Mar-23 | 831.11 | 1709.51 | 194.24 |
| 31-Dec-23 | 2029.85 | 1989.60 | 340.04 |
Objects of the Issue:
The company intends to utilize the Net Fresh Issue Proceeds for the following Objects
- 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 Limited IPO Registrar:
Bigshare Services Pvt Ltd
Nephro Care India Limited IPO Lead Manager(s):
Corporate Capitalventures Pvt Ltd
Company Contact Information:
Nephro Care India Limited
Flat No-1JC-18, 5th Floor Sec-III
Salt lake Kolkata, Bidhan Nagar Sai Complex,
North 24 Parganas -700098
