Schedule of Nephro Care India
| Issue open date | 28 Jun 2024 |
| Issue close date | 02 Jul 2024 |
| UPI mandate deadline | 02 Jul 2024 (5 PM) |
| Allotment finalisation | 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 |
Note: The 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 can be checked on the registrar's website and the exchange website.
About Nephro Care India
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.
Financials of Nephro Care India
Issue size
| Funds raised in the IPO | Amount |
| Overall | ₹41.26 crores |
| Fresh issue | ₹41.26 crores |
| Offer for sale | – |
*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.