How To Check Nephro Care India IPO Allotment Status Online
The initial public offering of Nephro Care India witnessed a subscription rate of 715.85 times on Tuesday.
On the last day of bidding for the Nephro Care India IPO, the issue received a tremondous response from the investors with the SME issue getting oversubscribed 715.78 times led by Non-institutional buyers (NII) who subscribed to the issue 1,787.19 times. Retail investors subscribed 634.12 times, Qualified institutions (QIB) subscribed 245.14 times and employee portion subscribed 20.44 times.
The SME IPO which aims to raise Rs 41.26 crore through a fresh issue of 45.84 lakh shares, opened for subscription on June 28 and closed on July 2. The IPO price band was set between Rs 85 and Rs 90 per share, with a minimum lot size of 1600 shares. This meant retail investors needed to invest at least Rs 144,000.
The kidney care provider intends to utilise Rs 26.17 crore of the IPO proceeds for setting up a multi-speciality healthcare facility - Vivacity Multi Speciality Hospital at Madhyamgram near Kolkata, while the remaining capital will be used for general corporate purposes.
The allotment for Nephro Care India IPO will be finalised on Wednesday, July 3.
Investors who bid for the issue can check Nephro Care India IPO allotment status on Bigshare Services Pvt Ltd. Given below is the step-by-step guide to check share allotment status.
How to check Nephro Care India IPO allotment status on Bigshare Services
Visit the official website of Bigshare Services here: https://www.bigshareonline.com/ipo_Allotment.html
Select any one server to check your IPO Allotment Status.
Choose "Nephro Care India Limited" from the list of companies.
In the Selection Type dropdown, choose either Application number, Beneficiary ID, or PAN ID.
Enter the required information, which could be your application number, PAN (Permanent Account Number), or Beneficiary ID.
Complete the 'captcha' to verify that you are not a robot.
Finally, click the "Search" button to check your allotment status.
Nephro Care India IPO Listing Date
Nephro Care India IPO will list on NSE Emerge with a tentative listing date set as Friday, July 5.
Nephro Care India IPO Important Dates
IPO Open Date: Friday, June 28
IPO Close Date: Tuesday, July 2
Basis of Allotment: Wednesday, July 3
Initiation of Refunds: Thursday, July 4
Credit of Shares to Demat: Thursday, July 4
Listing Date: Friday, July 5
About Nephro Care India Limited
Nephro Care India Limited, established in 2014 and based in Kolkata, provides comprehensive treatment for kidney issues and other health services. The hospital cares for around 900 chronic kidney disease patients monthly, supported by 5 permanent doctors, 10 visiting consultants, and 70 paramedical professionals. Its main clinic in Salt Lake spans 5,352 square feet, with additional clinics in Salt Lake and Chandannagar, West Bengal. Services include in-house dialysis, outpatient care in nephrology, diabetology, cardiology, ophthalmology, neurology, a NABL-accredited pathology lab, pharmacy, advanced diagnostics, renal nutrition, home care, home dialysis, and a lifestyle support program called Mukti.
The new hospital is proposed to include 100 in-patient beds, including a 30-bed critical care unit. The new hospital will offer treatment services in various disciplines such as cardiology, medical oncology, gastroenterology, gynaecology, and many others, including an advanced renal transplant unit in East India.
