Nephro Care India IPO Date, Allotment, Details, Review

Nephro Care India IPO: Nephro Care India Limited IPO opens for subscription on June 28, 2024, and closes on July 02, 2024. The allotment for the Magenta Lifecare IPO is expected on July 03, 2024. United Cotfab IPO going to be listed on NSE SME with a tentative listing date fixed as July 05, 2024.

Nephro Care India IPO is a fresh issue of 45.84 lakh shares with a price band set at ₹85 to ₹90 per share. The value of the total fresh issue is Rs 41.26 crores.

To apply, retail investors must purchase at least 1600 shares, requiring an investment of at least ₹144,000. For High Net Worth Individuals (HNIs), the minimum investment is 2 lots, totalling 3,200 shares, amounting to ₹288,000.

Reference – Nephro Care India IPO DRHP

Nephro Care India IPO Date, Allotment, Details, Review

Nephro Care India IPO Details

Open DateJune 28, 2024
Close DateJuly 02, 2024
IPO Size45.84 Lakh Shares
(aggregating up to ₹41.26 Cr)
Fresh Issue45,84,000 Shares of ₹10 Face Value
Face Value₹10 per share
IPO Price Band₹85 to ₹90 per share
IPO Listing onNSE SME
Lot Size1600 Shares
OFSN.A.
Share Offered to Retail35% of the total issue share
Share Offered to QBI50% of the total issue share
Share Offered to HNI15% of the total issue share

Nephro Care India IPO Dates

EventDate
IPO Open DateJune 28, 2024
IPO Close DateJuly 02, 2024
AllotmentJuly 03, 2024
RefundsJuly 04, 2024
Shares Credit to DematJuly 04, 2024
Listing DateJuly 05, 2024

Nephro Care India IPO Lot Size

ApplicantsLotsSharesAmount
Retail (Min)11600₹144,000
Retail (Max)11600₹144,000
HNI (Min)23200₹288,000

Nephro Care India IPO GMP Today

The Grey Market Premium (GMP) for Nephro Care India NSE SME IPO has commenced from the first session. We’ll be providing daily updates on the GMP and additional details.
Stay tuned to stay informed about the daily performance of the Nephro Care India Limited IPO’s Gray Market Premioum and the expected listing price. See IPO GMP Live >>

Nephro Care India IPO Subscription Status

For updates on the subscription status of the Nephro Care India IPO, kindly navigate to our “IPO Subscription Status” section in the menu or click the given link. The subscription window for the Nephro Care India Limited IPO opens on June 28, 2024.

Nephro Care India IPO Allotment Status

You can check the allotment status for the Nephro Care India IPO by following these steps. First, click the link Link – ” IPO Allotment Status” Then, select the IPO Name from the options. After that, enter either your Application Number or PAN Number. The allotment can be checked on July 03, 2024.

Know About Company

Nephro Care India Limited, established in 2014 in Kolkata, provides comprehensive kidney disease treatments and other medical services.

The hospital is supported by skilled doctors, paramedics, and a strong management team.

Each month, it serves around 900 patients with Chronic Kidney Disease.

The main clinic in Salt Lake spans 5,352 square feet, with additional satellite clinics in Salt Lake (HB 113) and Chandannagar, West Bengal.

Services offered include:

  • In-house dialysis
  • Outpatient care in Nephrology, Diabetology, Cardiology, Ophthalmology, and Neurology
  • NABL-accredited in-house Pathology
  • In-house Pharmacy
  • Advanced diagnostic facilities
  • Renal Nutrition department
  • Home Care and Lifestyle Support Program (Mukti)
  • Home Dialysis

Promoters Holding

Dr. Pratim Sengupta is the promoter of Nephro Care India Limited. Before the issue of shares, he holds 85.02% of the company’s shares.

Objects of the Issue IPO

The Issue Proceeds from the Fresh Issue will be utilized towards the following objects:

  1. Setting up of Multi Speciality Hospital in the name of “Vivacity Multi Specialty Hospital” (unit of Nephro Care) at Kolkata (Madhyamgaram), West Bengal; and
  2. General Corporate Expenses

Nephro Care India Limited Financial Report (Restated)

The financial information of Nephro Care India Limited (amounts in ₹ Lakhs):

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets2,029.85831.11462.93112.84
Revenue1,989.601,709.51342.70183.26
Profit After Tax340.04194.24-0.988.87
Net Worth1,392.32243.7649.521.50
Total Borrowing246.39253.7469.27

Explanation:

  • Assets: Total assets owned by the company.
  • Revenue: Income generated from operations.
  • Profit After Tax (PAT): Net income after deducting all expenses including taxes.
  • Net Worth: Total assets minus total liabilities.
  • Reserves and Surplus: Accumulated profits retained within the company.
  • Total Borrowing: Amount of funds borrowed by the company.

KPI Of Nephro Care India Limited

Here’s a table summarizing the key performance indicators (amounts in ₹ Lakhs) for Nephro Care India Limited:

ParameterDecember 31, 2023March 31, 2023March 31, 2022
Revenue from Operations1,975.151,709.27342.44
EBITDA504.64364.5312.56
EBITDA margin (%)25.5521.333.67
PAT340.04194.24-0.98
Profit After Tax Margin (%)17.2211.36-0.29
Return on Equity (%)41.57132.46-3.84
Return on capital employed (%)36.5671.094.13
Debt to equity ratio1.689.95

Peer Group

n.a

Nephro Care India Limited IPO Registrar

BIGSHARE SERVICES PRIVATE LIMITED
Office No. S6-2, 6th floor, Pinnacle Business Park, Next to Ahura Centre,
Mahakali Caves Road, Andheri (East), Mumbai- 400093
Tel: +91-22-62638200
Email: ipo@bigshareonline.com
Investor Grievances Email id- investor@bigshareonline.com
Website: www.bigshareonline.com

Nephro Care India Limited IPO Book Running Lead Manager

CORPORATE CAPITAL VENTURES PRIVATE LIMITED
B1/E13, First Floor, Mohan Co-operative Industrial Estate,
Mathura Road, New Delhi – 110044
Tel: +91 11 – 41824066;
Email: smeipo@ccvindia.com
Investor Grievances Email id- investor@ccvindia.com
Website: www.ccvindia.com

Nephro Care India Limited Contact

Nephro Care India Limited
Flat No-1JC-18, 5th Floor Sec-III
Salt Lake Kolkata, Bidhan Nagar Sai Complex,
North 24 Parganas -700098
Phone: +91 8017010197
Email: cs@nephrocareindia.com/
Website: https://www.nephrocareindia.com/

Nephro Care India Limited IPO Application Form PDF

To download the Nephro Care India Limited IPO application form click on Application Form Download ASBA IPO Forms PDF.

Review

Nephro Care India Limited has shown good performance in past. May Conider. But before investment do your analyses, or get advice from SEBI registered advisory.

FAQs

What is the IPO size of Nephro Care India Limited?

Nephro Care India Limited is offering 45.84 lakh shares through its IPO, aggregating up to ₹41.26 crores.

What is the price band for Nephro Care India Limited’s IPO?

The price band for Nephro Care India Limited IPO is set at ₹85 to ₹90 per share.

When does the Nephro Care India Limited IPO open and close?

The IPO opens for subscription on June 28, 2024, and closes on July 02, 2024.

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