Nephro Care IPO Details: The Nephro Care IPO date is set, opening on June 28 and closing on July 2. This NSE SME IPO aims to raise ₹41.26 crores, with a price band fixed at ₹85 to ₹nephro care ipo gmp90 per share and a market lot of 1,600 shares.
Founded in 2014 by Dr. Pratim Sengupta in Kolkata, Nephro Care provides comprehensive medical services for renal patients. It has grown into a premier treatment center, offering a wide range of clinical and lifestyle solutions for those with renal insufficiency. Their holistic approach includes lifestyle, physiological, and spiritual aspects of wellness.
Nephro Care’s operations are supported by a team of expert doctors, experienced paramedical professionals, and a proficient management team, all backed by a robust clinical and investigative infrastructure. Their treatment protocols are based on scientific understanding, transparency, and ethics, ensuring high-quality medical care at an affordable cost for local, national, and international patients.
Their vision is to positively impact the lives of one million kidney disease patients nationwide by integrating modern medicine with traditional yogic wisdom through a hub-and-spoke model.
Currently, Nephro Care serves around 900 Chronic Kidney Disease (CKD) patients monthly. Their flagship clinic in Salt Lake spans 5,352 sq. ft. and is supported by three satellite clinics in Salt Lake (HB 113) and Chandannagar, West Bengal. The team includes five permanent doctors, ten visiting consultants, and seventy experienced paramedical professionals.
Objects of the Issue
Setting up a Multi-Speciality Hospital named “Vivacity Multi Specialty Hospital” (a unit of Nephro Care) in Kolkata (Madhyamgram), West Bengal.
General Corporate Expenses.
Nephro Care IPO Review
To be updated soon
Also Check: The Money Fair IPO Details, Review, Price, and Allotment Information
Nephro Care IPO Date & Price Band Details
| IPO Open: | June 28, 2024 |
| IPO Close: | July 2, 2024 |
| IPO Size: | Approx ₹41.26 Crores, 45,84,000 Equity Shares |
| Fresh Issue: | Approx ₹41.26 Crores, 45,84,000 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹85 to ₹90 Per Equity Share |
| IPO Listing on: | NSE SME |
| Retail Quota: | 35% of the net offer |
| QIB Quota: | 50% of the net offer |
| NII Quota: | 15% of the net offer |
Nephro Care IPO Market Lot
The minimum market lot for the Nephro Care IPO is 1,600 shares, requiring an application amount of ₹144,000.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 1600 | ₹ 1,44,000 |
| Retail Maximum | 1 | 1600 | ₹ 1,44,000 |
| S-HNI Minimum | 2 | 3200 | ₹ 2,88,000 |
Nephro Care IPO Dates
The Nephro Care IPO opens on June 28 and closes on July 2. The allotment date is July 3, with the potential listing date set for July 5.
| IPO Open Date: | June 28, 2024 |
| IPO Close Date: | July 2, 2024 |
| Basis of Allotment: | July 3, 2024 |
| Refunds: | July 4, 2024 |
| Credit to Demat Account: | July 4, 2024 |
| IPO Listing Date: | July 5, 2024 |
Nephro Care India Limited Financials
Nephro Care India Limited’s revenue surged by 398.84%, while its profit after tax (PAT) skyrocketed by 19,920.41% between the financial years ending March 31, 2022, and March 31, 2023.
| Amount in ₹ Lakhs | ||||
| Period Ended | 31-Dec-23 | 31-Mar-23 | 31-Mar-22 | 31-Mar-21 |
| Assets | 2,029.85 | 831.11 | 462.93 | 112.84 |
| Revenue | 1,989.60 | 1,709.51 | 342.7 | 183.26 |
| Profit After Tax | 340.04 | 194.24 | -0.98 | 8.87 |
| Net Worth | 1,392.32 | 243.76 | 49.52 | 1.5 |
| Reserves and Surplus | 1,332.81 | 193.76 | -0.48 | 0.5 |
| Total Borrowing | 246.39 | 253.74 | 69.27 | |
Key Performance Indicator
| KPI | Values |
| ROE | 41.57% |
| ROCE | 36.56% |
| RoNW | 24.42% |
| P/BV | 8.04 |
| PAT Margin (%) | 17.22 |
Nephro Care IPO Valuation – FY2023
Explore details of Nephro Care IPO valuation such as Earnings Per Share (EPS), Price/Earnings (P/E) Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV).
| Earning Per Share (EPS): | ₹1.94 per Equity Share |
| Price/Earning P/E Ratio: | NA |
| Return on Net Worth (RoNW): | 79.68% |
| Net Asset Value (NAV): | ₹2.44 per Equity Share |
Peer Group
Not Applicable
Company Promoters
Dr. Pratim Sengupta
Nephro Care IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: www.bigshareonline.com
Nephro Care IPO Allotment Status
Check Nephro Care IPO allotment status on the Bigshare website here.
Nephro Care IPO Lead Managers (Merchant Bankers)
Corporate Capital Ventures Pvt. Ltd
Company Address
Nephro Care Limited
Flat No-1JC-18, 5th Floor Sec-III, Salt Lake Kolkata, Bidhan Nagar Sai Complex,
North 24 Parganas – 700098 West Bengal, India
Email: cs@nephrocareindia.com
Phone: +91 8017010197
Website: www.nephrocareindia.com
Nephro Care IPO FAQs
What are the dates for the Nephro Care IPO?
The Nephro Care IPO will open on June 28 and close on July 2. The allotment date is July 3, and the shares are expected to be listed on July 5.
What is the price band for the Nephro Care IPO?
The price band for the Nephro Care IPO is set at ₹85 to ₹90 per share.
What is the minimum market lot size for the Nephro Care IPO?
The minimum market lot size is 1,600 shares.
What is the application amount for the Nephro Care IPO?
The application amount is ₹144,000 for the minimum market lot of 1,600 shares.
How much is Nephro Care planning to raise through this IPO?
Nephro Care aims to raise ₹41.26 crores through this IPO.
What is the estimated listing price for the Nephro Care IPO?
The estimated listing price is ₹170, considering the last Grey Market Premium (GMP) of ₹80 as of June 27, 2024.
What is the expected percentage gain per share?
The expected percentage gain per share is 88.89%.
What is the last recorded Grey Market Premium (GMP) for the Nephro Care IPO?
The last recorded GMP is ₹80.
Who founded Nephro Care and when?
Nephro Care was founded in 2014 by Dr. Pratim Sengupta in Kolkata.
What services does Nephro Care provide?
Nephro Care offers comprehensive medical services for renal patients, including clinical and lifestyle solutions, and treatment for renal insufficiency. Their treatment framework covers lifestyle, physiological, and spiritual aspects of wellness.
How many patients does Nephro Care serve monthly?
Nephro Care serves approximately 900 Chronic Kidney Disease (CKD) patients every month.
How many clinics does Nephro Care operate?
Nephro Care operates a flagship clinic in Salt Lake and three satellite clinics in Salt Lake (HB 113) and Chandannagar, West Bengal.
Who supports the operations at Nephro Care?
The operations at Nephro Care are supported by a team of five permanent doctors, ten visiting consultants, seventy experienced paramedical professionals, and a skilled management team, all backed by robust clinical and investigative infrastructure.
What is Nephro Care’s vision?
Nephro Care’s vision is to impact the lives of one million kidney disease patients across the country by combining modern medicine with traditional yogic wisdom through a hub-and-spoke model.
