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Nephro Care India Limited IPO : Key Information

Nephro Care India Limited IPO is set to launch on 28 June, 2024. The company initiated its business operations in the year 2014. It is involved in the business of offering lifestyle and clinical solutions. The company offers a wide range of services including renal insufficiency treatment for patients with lifestyle and clinical solutions. It is based in Kolkata and is supported by expert doctors, skilled management team and experienced paramedic professionals. It offers its services to more than 900 Chronic Kidney disease patients every month. The team consists of 10 visiting consultants, 5 permanent doctors and 70 experienced paramedic professionals. The company has an employee base of 110 people across departments.

Nephro Care India Limited IPO : Key Details

Nephro Care India Limited IPO is set to launch on 28 June, 2024. The subscription timeline extends till 2 July, 2024. The size for the IPO is Rs. 41.26 Crore. The IPO offers fresh issues worth Rs 41.26 Crore. No shares are offered through offer for sale. The lot size is 1600 shares and the price is Rs. 85 to Rs 90 per share. The company is going to get listed at NSE SME Board. The face value per share is Rs.10 and this is a Book Built Issue. The registrar for the company is BigShare Services Private Limited..

Tabular Description of Nephro Care India Limited IPO

IPO OPENING DATE	28 June, 2024
CLOSING DATE FOR IPO	2 July, 2024
ISSUE TYPE	Book Built Issue
Face Value per share	Rs. 10 per share
IPO price band	Rs. 85 to Rs 90 per share
LOT SIZE	1600 shares
MINIMUM ORDER QUANTITY	1600 shares
ISSUE SIZE	Rs. 41.26 Crore
OFFER FOR SALE	No shares are issued through offer for sale mode
FRESH ISSUE	Rs. 41.26 Crore
LISTING AT	NSE SME Board
LISTING DATE	5 July, 2024

Nephro Care India Limited IPO: IMPORTANT DATES

IPO OPENING DATE	28 June, 2024
CLOSING DATE FOR IPO	2 July, 2024
IPO ALLOTMENT DATE	3 July, 2024
REFUNDS	4 July, 2024
DEMAT A/C CREDITED ON	4 July, 2024
IPO LISTING DATE	5 July, 2024

Nephro Care India Limited IPO begins for subscription from 28 June, 2024. The IPO subscription would continue till 2 July, 2024. The allotment status for the shareholders who applied would come on 3 July, 2024. The refunds for the ones who did not get allotment would be initiated on 4 July, 2024. The DEMAT accounts of shareholders would be credited on 4 July, 2024. The listing of the company would be completed on 5 July, 2024.

Nephro Care India Limited IPO: Lead Managers

The lead managers are :

Corporate Capital Ventures Private Limited

The minimum and maximum lot size for retail investors is 1600 shares, amounting to Rs. 144000. The minimum lot size for HNI is 3200 shares, amounting to Rs. 288000.

	Lots	Shares	Amount
Retail (Minimum)	1	1600 shares	Rs.144000
Retail (Maximum)	1	1600 shares	Rs.144000
HNI (Minimum)	2	3200 shares	Rs.288000

OBJECTIVES FOR THE IPO

To meet the working capital requirements of the company
To meet the capital expenditure of the company
General Corporate Expenses

COMPANY FINANCIALS

Particularly (in Rs. Lakhs)	2020-21	2021-22	2022-23
Asset	112	462	831
Revenue	183	342	1709
PAT	8.8	(-0.98)	194

Nephro Care India Limited had an asset base of 112 Lakh Rs in 2021.This boosted to 462 Lakh Rs in the year 2022. This increased to 831 Lakh Rs in the year 2023. The revenue of the company was 183 Lakh Rs in the year 2021. This increased to 342 Lakh Rs in the year 2022. The revenue of the firm was at 1709 Lakh Rs in the year 2023. The profit of the firm was 8.8 Lakh Rs in the year 2021. In the year 2022 the company suffered a loss of 98000 Rs. The profit of the firm again increased to 194 Lakh Rs in the year 2023.

PROS

The company offers a wide range of services including renal insufficiency treatment for patients with lifestyle and clinical solutions.
It is based in Kolkata and is supported by expert doctors, skilled management team and experienced paramedic professionals.
It offers its services to more than 900 Chronic Kidney disease patients every month. The team consists of 10 visiting consultants, 5 permanent doctors and 70 experienced paramedic professionals.
The company has an employee base of 110 people across departments.

Nephro Care India Limited IPO Application Process with Zerodha

It is very easy to apply for an IPO now if you have a DEMAT account with Zerodha. Follow the steps below for the same :

Logging into Zerodha console through its website or KITE platform. Clicking the IPO section present in the ORDER tab.
Click the Nephro Care India Limited IPO button and press the BID button.
Entering the details asked for like UPI ID, Quantity and price.
Submit the application form for the IPO.
Visiting the application of UPI for approving the transaction.

Now, applying for an IPO online is possible with most of the Discount and online brokers.

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