Gujarat Kidney and Super Speciality IPO Day 3: Check Latest GMP, Subscription Status & Key Highlights
The ₹250.80 crore initial public offering (IPO) of Gujarat Kidney and Super Speciality enters its final day of bidding today, 24 December 2025. Till the end of day 2, the IPO received a total subscription of 2.72 times.
Gujarat Kidney and Super Speciality IPO: Issue Details
- Issue Size: The Gujarat Kidney and Super Speciality IPO is a book-building issue of ₹250.80 crore, consisting entirely of a fresh issue of 2.20 crore shares.
- Price Band: The price band is set at ₹108 and ₹114 per share.
- Lot Size: 128 shares
- Minimum Investment: ₹14,592 per lot for retail investors
- Book-running lead managers: Nirbhay Capital Services Private Limited
- Registrar: MUFG Intime India Private Limited
- Listing: The shares are proposed to be listed on the NSE and the BSE on December 30, 2025.
Gujarat Kidney and Super Speciality IPO Day 3: Subscription Details
[25-December-2025 10:51:00 hrs]
|
Investor Category |
Subscription (Times) |
|
Qualified Institutional Buyers (QIBs) |
0.35 |
|
Non-Institutional Investors |
3.59 |
|
Retail Individual Investors (RIIs) |
12.82 |
|
Total |
3.23 |
Utilisation of IPO Proceeds
The net proceeds from the fresh issue will be used towards the following objectives:
- Part payment of purchase consideration for the already acquired hospital, “Ashwini Medical Centre”
- Acquire additional shareholding in the subsidiary “Harmony Medicare Private Limited” at Bharuch
- Proposed acquisition of “Parekhs Hospital Private Limited” at Ahmedabad
- General corporate purposes
- Fund capital expenditure to set up a new hospital exclusively for women’s health care in Vadodara
- Buy robotics equipment for Gujarat Kidney & Super Speciality Hospital.
- Fund inorganic growth via unidentified acquisitions
- Repay/prepay outstanding borrowings availed by the company
- Unidentified inorganic acquisition
Explore other Upcoming IPOs on BSE and NSE.
Gujarat Kidney and Super Speciality IPO GMP
According to media reports, the Grey Market Premium (GMP) of the Gujarat Kidney and Super Speciality IPO is reported at ₹2.5 over the IPO price.
Gujarat Kidney and Super Speciality Business Overview
Gujarat Kidney and Super Speciality Hospital is a super speciality healthcare facility located in Vadodara, Gujarat, that provides a comprehensive range of medical and surgical services. Their core expertise is in nephrology, urology, renal transplantation, and other high-end specialities. In addition, it offers treatment across general medicine and surgery, cardiology, neurology, oncology, gastroenterology, orthopaedics, and other allied disciplines.
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