Nephro Care India Limited IPO Details
| Detail | Description |
|---|---|
| IPO Date | June 28, 2024 to July 2, 2024 |
| Listing Date | [.] |
| Face Value | ₹ 10 per share |
| Price Band | ₹ 85 to ₹ 90 per share |
| Lot Size | 1,600 Shares |
| Total Issue Size | 45,84,000 shares (aggregating up to ₹ 41.26 Cr) |
| Fresh Issue | 45,84,000 shares (aggregating up to ₹ 41.26 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Shareholding pre issue | 1,19,02,400 |
| Shareholding post issue | 1,64,86,400 |
| Market Maker portion | 2,30,400 shares |
About Nephro Care India Limited IPO
Nephro Care was founded by Dr. Pratim Sengupta in Kolkata to provide comprehensive medical services for renal patients. As of date, Nephro Care is a one-stop treatment center based in Kolkata that offers a wide range of clinical and lifestyle solutions and services and renal insufficiency treatment to patients. The treatment framework covers the entire range of lifestyle, physiological and spiritual aspects of wellness. The operations of Nephro Care are supported by a pool of expert Doctors, experienced and well-trained paramedical professionals, and a skilled management team.
Nephro Care India IPO is a book-built issue of Rs 41.26 crores. The issue is entirely a fresh issue of 45.84 lakh shares. Nephro Care India IPO opens for subscription on June 28, 2024 and closes on July 2, 2024. The allotment for the Nephro Care India IPO is expected to be finalized on Wednesday, July 3, 2024. Nephro Care India's IPO price band is set at ₹85 to ₹90 per share. The minimum lot size for an application is 1600 Shares. Corporate Capital Ventures Pvt Ltd is the book-running lead manager of the Nephro Care India IPO, while Bigshare Services Pvt Ltd is the registrar for the issue.
Nephro Care India IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Issue |
| Retail Shares Offered | Not less than 35% of the Net Issue |
| NII (HNI) Shares Offered | Not less than 15% of the Net Issue |
EnNutrica IPO Anchor Investors Details
| Bid Date | June 27, 2024 |
| Shares Offered | 1,238,400 |
| Anchor Portion Size (In Cr.) | 11.15 |
| Anchor lock-in period end date for 50% shares (30 Days) | August 2, 2024 |
| Anchor lock-in period end date for remaining shares (90 Days) | October 1, 2024 |
Company & Financials
Incorporated in 2014, Nephro Care India Limited is a comprehensive treatment center located in Kolkata, offering a wide range of clinical and lifestyle solutions, as well as renal insufficiency treatment for patients. Currently, the hospital provides healthcare services to approximately 900 Chronic Kidney Disease patients every month. The hospital has 5 permanent doctors, 10 visiting consultants, and 70 experienced paramedical professionals. These services are delivered from our main Salt Lake clinic, which covers an area of 5,352 square feet, and three satellite clinics located in Salt Lake (HB 113) and Chandannagar, West Bengal. At present, Nephro Care offers the following services at its clinics:
Nephro Care India Limited IPO Financial Information
Latest Revenue
₹ 1,989.60 Cr
Profit After Tax
₹ 340.04 Cr
Net Worth
₹ 1,392.32 Cr
Total Borrowing
₹ 246.39 Cr
| Period Ended | Assets | Revenue From Operations | Profit After Tax | Net Worth | Total Borrowing |
|---|---|---|---|---|---|
| 31 Dec 2023 | 2,029.85 | 1,989.60 | 340.04 | 1,392.32 | — |
| 31 Mar 2023 | 831.11 | 1,709.51 | 194.24 | 243.76 | 246.39 |
| 31 Mar 2022 | 462.93 | 342.70 | -0.98 | 49.52 | 253.74 |
| 31 Mar 2021 | 112.84 | 183.26 | 8.87 | 1.50 | 69.27 |
| Amount in ₹ Crore | |||||
Nephro Care India Limited Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 41.57% |
| ROCE | 36.56% |
| RoNW | 24.42% |
| P/BV | 8.04 |
| PAT Margin (%) | 17.22 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 1.63 | 2.75 |
| P/E (x) | 55.15 | 32.73 |
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Competitive Strengths
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Nephro Care India Limited IPO Timeline
| IPO Open Date | Friday, June 28, 2024 |
| IPO Close Date | Tuesday, July 2, 2024 |
| Basis of Allotment | Wednesday, July 3, 2024 |
| Initiation of Refunds | Thursday, July 4, 2024 |
| Credit of Shares to Demat | Thursday, July 4, 2024 |
| Listing Date | Friday, July 5, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on July 2, 2024 |
IPO Lot Size
| Investors | No.of lots | Shares Offered | Max Bid Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1,600 | ₹ 1,44,000 |
| Retail (Max) | 1 | 1,600 | ₹ 1,44,000 |
| HNI (Min) | 2 | 3,200 | ₹ 2,88,000 |