Summary of this article
The Nephrocare Health Services IPO, which closed on December 12, was oversubscribed 13.96 times overall, with QIBs showing the highest demand at 27.47 times subscription.
The share allotment is scheduled for December 15, with the listing on BSE and NSE expected on December 17.
Applicants can check their allotment status on the registrar's (Kfin Technologies), BSE, or NSE websites using their application number or PAN.
Nephrocare Health Services IPO Allotment: Nephrocare Health Services’ initial public offering (IPO) opened for bidding on December 10. The dialysis care provider’s public issue garnered decent demand in its three-day bidding window, which closed on December 12.
The public issue was booked nearly 14 times cumulatively. Following the closure of the bidding window, the share allotment process for Nephrocare Health Services IPO will be finalised on December 15.
Nephrocare Health Services IPO Allotment Status
Primary market investors who have applied for Nephrocare Health Services’ IPO can check the share allotment status of their application on the website of the registrar, Kfin Technologies. The share allotment status can also be checked on the BSE and the NSE websites:
How To View Nephrocare Health Services IPO Allotment On NSE
Head to the NSE website through the link
https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids
Select ‘Equity IPO bid details’
Opt for 'Nephrocare Health Services' from the list of IPOs
Type in your IPO application number
Click the 'submit' button
The allotment status of your application will be shown
How To Check Nephrocare Health Services IPO Allotment Status On BSE Website
Visit BSE’s IPO application status on the webpage
https://bseindia.com/investors/appli_check.aspx.
Various issue types will be displayed on your screen
Choose ‘Equity’ from the menu shown on screen
Select 'Nephrocare Health Services' from the list of IPOs
Input your IPO application number or Permanent Account Number (PAN) details
Select 'Search'
The shares allotted will be shown on screen
How to View Nephrocare Health Services IPO Share Allocation Status On Kfintech
Go to the official IPO status check page maintained by Kfin Technologies: https://ipostatus.kfintech.com/
From the dropdown menu on the page, select "Nephrocare Health Services Ltd".
Select one of the following methods to search: Application Number, DP ID/Client ID, or PAN.
Enter the corresponding details based on the option you selected in the previous step (your IPO application number, DP ID/Client ID, or your 10-digit PAN number).
Enter the Captcha code shown on the screen.
Click the "Submit" or "Search" button to view your allotment status.
Nephrocare Health Services IPO GMP
The grey market premium (GMP) for Nephrocare Health Services shares is ranging between Rs 30 and Rs 33 per share. The GMP for Nephrocare Health Services unlisted shares hints at a decent D-Street debut at Rs 493 apiece with a premium of 7.17 per cent, according to websites which track the demand for unlisted shares in the grey market.
Nephrocare Health Services IPO Subscription Status
Nephrocare Health Services IPO was booked 13.96 times on December 1. Investors across categories applied for more than 186.89 million shares against the 13.38 million shares offered for subscription.
Qualified institutional buyers (QIBs) led the demand for the company’s shares as they oversubscribed their quota in the IPO 27.47 times, placing bids for over 101.06 million shares compared to the 3.67 million shares reserved for them.
Non-institutional investors (NIIs) applied for over 70.05 million shares against the 2.88 million shares offered for subscription for the category, leading to the mainboard issue being booked 24.27 times.
Retail investors subscribed 2.31 times, placing bids for over 15.53 million shares against the 6.73 million shares set aside for the category.
Employees of the dialysis care provider placed bids for 235,136 shares compared to 88,161 shares set aside for them. The employees booked the issue 2.67 times.
Nephrocare Health Services IPO Details
Nephrocare Health Services IPO is worth Rs 871.05 crore and consisted of a fresh issue of 7.7 million shares amounting to Rs 353.40 crore and an offer for sale (OFS) of 11.30 million shares aggregating to Rs 517.64 crore.
Nephrocare Health Services' IPO price band was fixed at Rs 438-460 per share. The minimum lot size for retail individual investors interested in applying for the Nephrocare Health Services IPO was fixed at one lot or 32 shares aggregating to an investment of Rs 14,720.
Nephrocare Health Services IPO Listing Date
Once the basis of allotment for Nephrocare Health Services IPO is finalised on December 15, refunds will be initiated for unsuccessful bidders on December 16. Successful allottees will receive shares in their demat accounts on the same day. The shares will debut on the NSE and BSE on December 17.
