Nephrocare Health IPO Date, Review, Price, Allotment Details IPO

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Updated: 17 Dec 2025, 09:30 AM

Nephrocare Health IPO Summary

IPO Open Date: 10 Dec 2025

IPO Close Date: 12 Dec 2025

Price Band: ₹438 to ₹460 Per Share

Issue Size: Approx ₹871.05 Crores

Listing Exchange: BSE NSE

Website: http://www.nephroplus.com/

Nephrocare Health IPO Overview

Nephrocare Health IPO open date is December 10, 2025 and the IPO will close on December 12, 2025. Nephrocare Health IPO is a Book Built Issue. The company to raise around ₹871.05 crores via IPO that comprises fresh issue of ₹353.40 crores and offer for sale up to 1,12,53,102 equity shares with face value of ₹2 each.


Nephrocare Health IPO price band is ₹438 to ₹460 per share. The retail quota is 35%, QIB is 50%, and HNI is 15%. Nephrocare Health IPO to list on BSE, NSE on December 17, 2025. The allotment of Nephrocare Health IPO date is December 15, 2025.


The company reported revenue of ₹769.92 crores in 2025 against ₹574.72 crores in 2024. The company reported profit of ₹67.10 crores in 2025 against profit of ₹35.13 crores in 2024. As per the financials the IPO investors should apply the IPO for a long term.

Nephrocare Health IPO Details

Company Name Nephrocare Health Services Ltd.
IPO Open Date 10 Dec 2025
IPO Close Date 12 Dec 2025
Face Value ₹2 Per Equity Share
Price Band ₹438 to ₹460 Per Share
Issue Size Approx ₹871.05 Crores
Fresh Issue Approx ₹353.40 Crores
Offer for Sale Approx 1,12,53,102 Equity Shares
Issue Type Book Built Issue
Listing On BSE, NSE
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Nephrocare Health IPO Review & Key Points

May Apply

Rating: (4/5)

Nephrocare Health IPO Market Lot

The Nephrocare Health IPO minimum market lot is 32 shares with ₹14,720 application amount. The retail investors can apply up-to 13 lots with 416 shares of ₹1,91,360 amount.

Category Lot Size Shares Amount
Retail Minimum 1 32 ₹14,720
Retail Maximum 13 416 ₹1,91,360
S-HNI Minimum 14 448 ₹2,06,080
S-HNI Maximum 67 2,144 ₹9,86,240
B-HNI Minimum 68 2,176 ₹10,00,960

Nephrocare Health IPO Reservation

Investor Category Shares Offered % of Issue
Anchor Investor 56,57,919 Shares -%
QIB (Ex. Anchor) – Shares 50%
NII / HNI – Shares 15%
Retail – Shares 35%

Anchor Bidding Date: 09 Dec 2025

Anchor Issue Size: 260.26 Cr.

30 Days Lock-in: 14 Jan 2026

90 Days Lock-in: 15 Mar 2026

Nephrocare Health IPO Dates & Allotment

IPO Opening Date 10 Dec 2025
IPO Closing Date 12 Dec 2025
Bidding Cutoff Time 5 PM
Basis of Allotment 15 Dec 2025
Refunds Initiation 16 Dec 2025
Credit to Demat 16 Dec 2025
IPO Listing Date 17 Dec 2025

Nephrocare Health IPO Objects of the Issue & Utilization of Proceeds

Description Amount
Capital expenditure by the Company for opening new dialysis clinics in India and ₹129.11
Pre-payment, or scheduled repayment, in full or part, of certain borrowings availed by the Company ₹136
General corporate purposes ₹-

Nephrocare Health Services Ltd. Financials

Period Ended Revenue Expense PAT Assets
2023 ₹443.26 ₹451.85 ₹11.79 ₹666.23
2024 ₹574.72 ₹541.56 ₹35.13 ₹806.02
2025 ₹769.92 ₹682.48 ₹67.10 ₹996.46
September 2025 ₹483.97 ₹456.07 ₹14.23 ₹1,193.68

Nephrocare Health IPO Valuation

Check Nephrocare Health IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Parameter Value
Earnings Per Share (EPS) ₹8.28 (Basic)
P/E Ratio N/A
Return on Equity (ROE) 13.45%
Return on Capital Employed (ROCE) -%
Return on Net Worth (RoNW) 13.19%
Net Asset Value (NAV) ₹59.56
EBITDA Margin 22.05%
PAT Margin 8.88%
Debt to Equity Ratio 0.58

Nephrocare Health IPO Peer Group Comparison

Company EPS P/E RoNW % NAV Total Income
Narayana Health 38.90 50.62 NA NA 5,482.98 Cr.
Jupiter Life Line Hospitals 29.47 51.27 14.27% 192.55 1,261.55 Cr.
Rainbow Children Hospital 23.97 64.00 16.56% 134.67 1,515.87 Cr.
Dr. Agarwal’s Healthcare 2.80 155.32 NA NA 1,711 Cr.
Vijaya Diagnostics 13.95 73.20 NA NA 681.39 Cr.
Dr. Lal Path Labs 58.48 50.75 22.30% 244.39 2,461.40 Cr.
Metropolis Healthcare 28.29 73.10 NA NA 1,331.20 Cr.

Nephrocare Health IPO Promoters & Holding Pattern

The promoters of the company are Vikram Vuppala, Bessemer Venture Partners Trust, Edoras Investment Holdings Pte. Ltd., Healthcare Parent Limited, Investcorp Private Equity Fund Ii And Investcorp Growth Opportunity Fund.

Particulars Shares % Share
Promoter Holding Pre Issue 9,26,50,799 78.90%
Promoter Holding Post Issue 10,03,33,516 71.49%

Nephrocare Health IPO Lead Managers (Merchant Bankers)

  • ICICI Securities Ltd.
  • Ambit Pvt.Ltd.
  • IIFL Capital Services Ltd.
  • Nomura Financial Advisory & Securities (India) Pvt.Ltd.

About Nephrocare Health Services Ltd.

Nephrocare Health Services (also known as NephroPlus) is a leading Indian dialysis provider offering comprehensive kidney care, including hemodialysis, home/mobile dialysis, diagnostics, and wellness, operating a vast network of clinics across India (especially Tier II/III cities) and internationally in countries like the Philippines, Uzbekistan, and Nepal, known for its significant scale, PPP models, and strong hospital partnerships, currently going through an Initial Public Offering (IPO) to fund further expansion and debt reduction


Nephrocare Health Services Ltd. Address

Hyderabad, Telangana, 500081
Phone: +91 40 4240 8039

Nephrocare Health IPO Registrar

Kfin Technologies Ltd.
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://ipostatus.kfintech.com/

Nephrocare Health IPO FAQs

Nephrocare Health IPO is Mainboard IPO. The company is going to raise ₹871.05 Crores via IPO. The issue is priced at ₹438 to ₹460 per equity share. The IPO is to be listed on BSE & NSE.
The IPO is to open on December 10, 2025 for QIB, NII, and Retail Investors. The IPO will close on December 12, 2025.
The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.
You can apply for Nephrocare Health IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
Nephrocare Health IPO issue size is ₹871.05 crores.
Nephrocare Health IPO Price Band is ₹438 to ₹460.
The minimum bid is 32 Shares with ₹14,720 amount.
Nephrocare Health IPO allotment date is December 15, 2025.
Nephrocare Health IPO listing date is December 17, 2025. The IPO is to list on BSE & NSE.