The Nephro Care IPO is a book-built issue aiming to raise ₹41.26 crores. The entire IPO consists of 45.84 lakh fresh shares.
The subscription window for the Nephro Care India IPO opens on June 28, 2024, and will close on July 2, 2024. The allotment process is expected to be finalized on Wednesday, July 3, 2024. Nephro Care India’s shares will be listed on the NSE SME platform, with a tentative listing date set for Friday, July 5, 2024.
The price band for the Nephro Care India IPO is ₹85 to ₹90 per share. Retail investors can apply for a minimum lot size of 1600 shares, requiring an investment of ₹144,000. High-net-worth individuals (HNIs) can invest in 2 lots (equivalent to 3200 shares), totaling ₹288,000.
Corporate Capitalventures Pvt Ltd serves as the book-running lead manager for the Nephro Care India IPO, while Bigshare Services Pvt Ltd acts as the registrar. Ss Corporate Securities is the market maker for this IPO.
Nephro Care India operates in the healthcare and dialysis services sector.
Nephro Care IPO Details:
| Company Name | Nephro Care India Limited |
| Sector | Healthcare |
| IPO Type | SME |
| IPO Open date | 28th June 2024 |
| IPO Close date | 02nd July 2024 |
| OFS | |
| Listing Exchanges | NSE |
| Share Holding Pre-issue | |
| DRHP Draft Prospectus | Click to check |
| RHP Draft Prospects | Click to check |
Nephro Care IPO Lot Size:
| Application | Lot Size | Shares | Amount |
| Retail (Min) | 1 | 1600 | 1,44,000 |
| HNI (Min) | 2 | 3200 | 2,88,000 |
Nephro Care IPO Timeline:
| IPO Open Date | 28th June 2024 |
| IPO Close Date | 02nd July 2024 |
| Basis of Allotment | 03rd July 2024 |
| Refund Initiation Date | 04th July 2024 |
| Shares Credit to Demat | 04th July 2024 |
| Listing Date | 05th July 2024 |
FAQ
What is Grey Market Premium (GMP)?
The Grey Market Premium (GMP) represents the price at which an Initial Public Offering (IPO) is traded in the unregulated grey market before its official listing. It serves as an indicator of how the IPO might perform on the listing day. Seeing the latest GMP, investors can estimate the listing performance of the IPO.
