Nephro Care India IPO

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28th Jun 2024 – 02nd Jul 2024
05 Jul 2024
₹85 – ₹90
1600 shares (₹144000)
41cr

Schedule

Issue open date 28 Jun 2024
Issue close date 02 Jul 2024
UPI mandate deadline 02 Jul 2024 (5 PM)
Allotment finalization 03 Jul 2024
Refund initiation 04 Jul 2024
Share credit 04 Jul 2024
Listing date 05 Jul 2024
Mandate end date 17 Jul 2024
Lock-in end date for anchor investors (50%) 02 Aug 2024
Lock-in end date for anchor investors (remaining) 01 Oct 2024

About

Nephro Care India Limited’s IPO is launching on June 28, 2024, with subscriptions closing on July 2, 2024. Nephro Care India Limited was originally incorporated in 2014 as a private limited company and later converted into a public limited company. It operates in the healthcare industry, specifically in nephrology care and has clinics in Salt Lake, Kolkata, and Chandannagar, West Bengal. It has received awards for excellence in healthcare services. There have been no significant time or cost overruns in its projects, and there are no defaults or rescheduling of borrowings with financial institutions. The company has not undergone any business acquisitions, mergers, or revaluations of assets in the last ten years.

Funds raised in the IPO Amount
Overall ₹41.26 crores
Fresh issue ₹41.26 crores
Offer for sale

Financials



*All figures except EPS are in ₹ crores

Risks

  • Any failure to provide quality medical treatment and service to patients and any lapses on the part of medical staff may adversely affect the reputation of hospitals.
  • Insurance coverage may not be sufficient to cover all possible economic losses.
  • There have been discrepancies and instances of delays in filing certain forms required under the Companies Act, 2013
  • Patients may contract serious communicable infections or diseases at clinics due to risks associated with medical care facilities which could impact the business.

Note:

  • The above schedule is tentative. The anchor lock-in period ends 30 days after the actual allotment date for 50% of the shares and 90 days after for the remaining portion.
  • The allotment status will be available by July 04, 2024, on the registrar’s website and the NSE website.