Gaudium IVF and Women Health IPO: Issue Opens For Subscription Today; Check GMP

The initial public offering (IPO) of Gaudium IVF and Women Health Ltd. opened for subscription today, Friday, Feb. 20, marking the IVF-focused healthcare company's debut in the public markets. The New Delhi–based fertility services provider aims to raise Rs 165 crore through its mainboard offering, which will remain open for bidding until Feb. 24. 

As the issue opens for Day 1 bidding, here is a detailed look at the offer structure, price band, timelines, GMP trends and how the company plans to utilise the IPO proceeds.

Gaudium IVF IPO Key Details

Issue Size

The book-built issue aggregates to Rs 165 crore, comprising:

• Fresh Issue: 1.14 crore shares (Rs 90 crore)
• Offer-for-Sale (OFS): 95 lakh shares (Rs 75 crore)

Price Band

The price band has been set at Rs 75 to Rs 79 per share.

Lot Size

Each lot consists of 189 shares. Minimum investment requirements:

• Retail Investors:
  1 lot → Rs 14,931 (at the upper band)

• Small NIIs:
  14 lots → 2,646 shares → Rs 2,09,034

• Big NIIs:
  67 lots → 12,663 shares → Rs 10,00,377

Allotment & Listing

• Basis of Allotment: Feb. 25
• Refunds Initiation: Feb. 25
• Demat Credit: Feb. 26

Listing Date

The shares are scheduled to list on the NSE and BSE on Feb. 27.

Book Running Lead Manager

• Sarthi Capital Advisors Pvt. Ltd.

Registrar

• Bigshare Services Pvt. Ltd.

Use of IPO Proceeds

Gaudium IVF plans to deploy funds raised from the fresh issue across:

Capital Expenditure - Establishment of new IVF centres

Debt Repayment - Partial repayment/prepayment of outstanding borrowings

General Corporate Purposes - Expansion, operations, and potential strategic initiatives

Gaudium IVF IPO GMP Today

As of Feb. 20, the grey market premium (GMP) for the IPO stood at Rs 8.5 per share, according to InvestorGain. At the upper band price of Rs 79, this suggests a potential listing price of Rs 87.5 per share, indicating an estimated listing gain of 10.76%.

Note: GMP is unofficial and speculative.

About Gaudium IVF

Incorporated in 2015, Gaudium IVF and Women Health Ltd. is a healthcare provider specialising in fertility treatments.
The company currently operates across 30 locations in India, with IVF centres in:

• Delhi (2)
• Mumbai
• Ludhiana
• Srinagar
• Patna
• Bengaluru

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