Nephrocare Health Services IPO Opens On Wednesday — Check Subscription, GMP, Other Details
The Nephrocare Health IPO price band has been set between Rs 438 and Rs 460 per share.
Nephrocare Health Services Ltd.'s initial public offer opened for subscription on Wednesday.
The Nephrocare Health IPO is a book-building issue worth Rs 871.05 crore. The IPO is a combination of fresh issue of 77 lakh shares, worth Rs 353.4 crore and an offer-for-sale (OFS) of 1.13 crore shares, aggregating to Rs 517.64 crore.
The Nephrocare Health IPO price band has been set between Rs 438 and Rs 460 per share. The IPO lot size consists of 32 shares. The retail investors need to apply for at least a single lot size, amounting to a minimum investment of Rs 14,720 based on the upper price band per application.
ICICI Securities is the book-running lead manager and Kfin Technologies Ltd. is the registrar of the issue.
Nephrocare Subscription Details
The Nephrocare IPO was subscribed 0.01 times as of 10:21 a.m. on Wednesday.
Qualified Institutional Buyers (QIBs): Nil
Non-Institutional Investors (NIIS): 0.01 times
Retail Individual Investors: 0.02 times
Employee Reserved: 0.02 times
Nephrocare IPO GMP
Nephrocare Health Services Ltd.'s grey market premium is at nil on Wednesday, according to Investorsgain website. The GMP indicates a listing price of Rs 460 apiece, which means upon listing, Nephrocare may offer no additional gain to investors.
Note: GMP does not represent official data and is based on speculation.
