Nephro Care IPO Details: The Nephro Care IPO is scheduled to open on June 28 and close on July 2. This IPO, listed under the NSE SME category, aims to raise ₹41.26 crores, with a price band set at ₹85 to ₹90 per share and a market lot size of 1,600 shares.
Founded in 2014 by Dr. Pratim Sengupta in Kolkata, Nephro Care offers comprehensive medical services for renal patients. Today, it stands as a premier treatment center providing a broad spectrum of clinical and lifestyle solutions for patients with renal insufficiency. Their holistic treatment framework encompasses lifestyle, physiological, and spiritual aspects of wellness.
Nephro Care’s operations are bolstered by a team of expert doctors, seasoned paramedical professionals, and a proficient management team, all supported by robust clinical and investigative infrastructure. Their treatment regimes are grounded in scientific understanding, transparency, and ethics, ensuring high-quality medical care at an affordable cost for local, national, and international patients.
Their vision is to 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 approximately 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. Their dedicated team includes five permanent doctors, ten visiting consultants, and seventy experienced paramedical professionals.
Nephro Care IPO Objectives:
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 IPO Review
- Avoid
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 |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors in IPO: | Click Here |
Nephro Care IPO Lot Size:
The Nephro Care IPO requires a minimum market lot of 1,600 shares, with an application amount of ₹144,000.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 1600 | ₹144,000 |
| Retail Maximum | 1 | 1600 | ₹144,000 |
| S-HNI Minimum | 2 | 3200 | ₹288,000 |
Nephro Care IPO Timeline:
The Nephro Care IPO will open on June 28 and close on July 2. The IPO allotment date is set for July 3, and the shares are expected to be listed on 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 IPO GMP Today:
The last Grey Market Premium (GMP) for the Nephro Care India SME IPO is ₹80. With a price band of ₹85 to ₹90, the estimated listing price is ₹170 (cap price + today’s GMP). This represents an expected percentage gain of 88.89% per share.
Nephro Care Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2021 | ₹1.83 | ₹1.71 | ₹0.08 |
| 2022 | ₹3.43 | ₹3.43 | ₹00.0 |
| 2023 | ₹17.10 | ₹14.38 | ₹1.94 |
| Dec 2023 | ₹19.90 | ₹15.30 | ₹3.40 |
Nephro Care IPO Valuation – FY2023
Check Nephro Care IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| 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
- NA
Company Promoters
- Dr. Pratim Sengupta
Nephro Care IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com
Nephro Care IPO Allotment Status
Check Nephro Care IPO allotment status on Bigshare website URL. Click Here
Nephro Care IPO Lead Managers aka 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 : https://www.nephrocareindia.com/
Nephro Care IPO FAQs
1. 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.
2. 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.
3. What is the minimum market lot size for the Nephro Care IPO?
- The minimum market lot size is 1,600 shares.
4. 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.
5. How much is Nephro Care planning to raise through this IPO?
- Nephro Care aims to raise ₹41.26 crores through this IPO.
6. 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.
7. What is the expected percentage gain per share?
- The expected percentage gain per share is 88.89%.
8. What is the last recorded Grey Market Premium (GMP) for the Nephro Care IPO?
- The last recorded GMP is ₹80.
9. Who founded Nephro Care and when?
- Nephro Care was founded in 2014 by Dr. Pratim Sengupta in Kolkata.
10. 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.
11. How many patients does Nephro Care serve monthly?
- Nephro Care serves approximately 900 Chronic Kidney Disease (CKD) patients every month.
12. 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.
13. 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.
14. 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.
