Nephrocare Health IPO Day 2: GMP, Listing Date, Subscription Status, and Other Information

Nephrocare Health IPO Day 2:  On Thursday, December 11, the IPO for Nephrocare Health Services began its second day of subscriptions. Up to midday, 28% of the bids for the dialysis services provider’s Rs 871-crore IPO had been received. The Hyderabad-based business is valued at over Rs 4,600 crore and has maintained a price range of Rs 438–460 per share. A new issuance of shares valued at Rs 353.4 crore and an Offer For Sale (OFS) of 1.12 lakh shares valued at Rs 517.6 crore make up the Nephrocare IPO.

GMP for Nephrocare IPO Today

Nephrocare’s IPO GMP, or grey market premium, was Rs 20 and represented a 4.35 percent gain over the higher end of the pricing range. An estimated Rs 480 is the listed price.

Nephrocare IPO Subscription Day 2: According to chittorgarh.com, 33% of the retail sector subscribed to the issuance before midday. QIB (Ex Anchor) purchasers subscribed for 29% of the IPO, while NII buyers made up 14%.

IPO Subscription Dates for Nephrocare Health Services: Subscriptions for the IPO began on December 10 and will end on December 12.

day of Nephrocare IPO Allotment: December 15 is anticipated to be the day of share allocation.

Date of Nephrocare Health Services IPO Listing: On December 17, NephroPlus shares will go public.