Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us  
Google
Web www.equitybulls.com
IPO News

| More

Nephro Care India Limited plans to raise Rs. 35-40 crore from its upcoming IPO

Posted On: 2024-05-24 18:32:37 (Time Zone: IST)


Nephro Care India Limited, a leading multi-speciality healthcare provider in East India, is planning to raise ?35-40 crore through an initial public offering (IPO), subject to NSE Emerge approval. This strategic move will allow NCIL to expand its operations across India.

The company plans to use the net proceeds from the IPO to establish a multi-speciality hospital named 'Vivacity Multi Speciality Hospital' in Madhyamgram, Kolkata, West Bengal. The remaining capital will be used for general corporate purposes. The new hospital, a unit of Nephro Care India Limited, will reportedly include 100 inpatient beds, including a 30-bed critical care unit with ICU, HDU, RTU, and NICU facilities. Vivacity will offer treatment services in various disciplines, including cardiology, medical oncology, gastroenterology, gynecology, and an advanced renal transplant unit, making it the most advanced facility of its kind in East India.

Key Highlights of the IPO

Fresh Issuance: The IPO will consist of a fresh issuance of 45.84 lakh equity shares with a face value of ?10 each.

Book Running Lead Manager: Corporate Capital Ventures Private Limited is the Book Running Lead Manager, and Bigshare Services Private Limited is the Registrar to the offer. Corporate Capital Ventures Private Limited has a history of successful SME IPOs, including Trust Fintech, Creative Graphics, Alpex Solar, Esconet Technologies, Rockingdeals, Accent Microcell, Oriana Power, Droneacharya, and Crayons Advertising.

Financial Performance: NCIL's financial performance is on the rise. The company posted a revenue of Rs. 19.90 crore and a profit (PAT) of Rs. 3.4 crore in the first nine months of FY 2023-24, compared to a revenue of Rs. 17.09 crore and a profit (PAT) of Rs. 1.94 crore in FY 2022-23.

Founded in Kolkata in 2014 by Dr. Pratim Sengupta, a leading nephrologist in India, Nephro Care aims to provide comprehensive medical services for kidney patients. Dr. Sengupta, with over 20 years of experience, has performed more than 1,000 kidney transplants and is a pioneer in holistic renal care that combines clinical intervention, yoga, and lifestyle support. He was awarded the "Bharat Jyoti Award" in 2019 for his outstanding achievements in the field.


Click here to send ur comments or to feedback@equitybulls.com





Other Headlines:

Three M Paper Boards Ltd's SME IPO to open on Friday, July 12, 2024

Virtual Galaxy Infotech attracts marquee investors, raises Rs 21.44 Crore ahead of IPO Launch

IT Solutions provider Orient Technologies gets Sebi nod for IPO

Accel and Flipkart-backed Zinka Logistics Solutions Limited files DRHP for IPO

Sleepwear-focused company S D Retail Limited files DRHP for SME IPO

ACME Solar Holdings Limited files DRHP for Rs 3,000 crore IPO

Nephro Care India Makes History - First SME IPO to Surpass Rs. 20,000 Crore in bids

Gala Precision Engineering gets Sebi nod for IPO

Noida-based Interarch Building Products Limited gets SEBI nod for IPO

Shivalik Engineering Industries Limited files DRHP for IPO

Niva Bupa files for Rs 3,000Cr IPO

Sagility India Limited files DRHP for IPO

Ambey Laboratories Ltd IPO to open for subscription on July 4, 2024

Nephro Care India Limited IPO opened today, Anchor Book fully subscribed

Allied Blenders & Distillers IPO subscribed 23.49 times on Final Day

Allied Blenders & Distillers IPO fully subscribed on Day 2

Allied Blenders & Distillers IPO subscribed 51% on Day 1

Stanley Lifestyles IPO subscribed 95.75 times on Final Day

Deepak Parekh-backed Nephro Care India Limited's IPO opens on Friday, June 28

Allied Blenders & Distillers Limited raises Rs. 449.1 crore from Anchor Investors

Stanley Lifestyles IPO subscribed 5.22 times on Day 2

Mason Infratech Limited IPO Opens on June 24, 2024

Stanley Lifestyles IPO fully subscribed on Day 1 led by strong retail, NII demand

Stanley Lifestyles Limited raises Rs. 161.10 crore from Anchor Investors

Allied Blenders & Distillers Ltd's IPO to open on Tuesday, June 25, 2024

GEM Enviro Management Limited IPO Opens on June 19, 2024

Stanley Lifestyles Limited's IPO to open on Friday, June 21, 2024

Bajaj Housing Finance Ltd files DRHP for IPO

Bajaj Housing Finance Limited to raise funds through IPO

Kronox Lab Sciences IPO subscribed 117.25 times on Final Day

Kronox Lab Sciences IPO fully subscribed in less than half an hour of opening

Kronox Lab Sciences Limited raises Rs. 39.04 crore from Anchor Investors

Sattrix Information Security Limited SME IPO to open on June 5, price band set at ?121 per share

Kronox Lab Sciences Ltd's Initial Public Offering to open on Friday June 3, 2024

Aimtron Electronics Limited's SME IPO to open on Thursday, May 30, 2024

Garuda Construction and Engineering refiles DRHP for IPO

Vilas Transcore Ltd's SME IPO to open on Monday, May 27, 2024, price band set at ?139/- to ?147/- per Equity Share

Rulka Electricals Ltd, HOAC Foods India Ltd NSE-SME IPOs garner huge oversubscription

HOAC Foods India Limited IPO subscribed 807.44 times, issue closes today

Allied Blenders and Distillers Limited gets Sebi nod for Rs 1500 crore IPO

Go Digit General Insurance Ltd's IPO to open on Wednesday, May 15, 2024

Sanstar Limited, gets SEBI nod to float IPO

Sattrix Information Security files DRHP for SME IPO, targeting a listing by mid-May.

Belstar Microfinance Ltd files DRHP with SEBI for IPO

Asirvad Micro Finance Limited gets Sebi nod for IPO

Diffusion Engineers refiles DRHP with SEBI for IPO

Racks & Rollers - Storage Technologies and Automation Limited's SME Initial Public Offering to open on Tuesday, April 30, 2024

JNK India IPO subscribed 28 times on the Final Day

JNK India IPO fully subscribed on Day 2 led by NII and Retail

Emmforce Autotech's anchor book fully subscribed


Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2020