Open Date
10 Dec 2025
Close Date
12 Dec 2025
Listing Date
17 Dec 2025
Max Investment
₹1,91,360
Price Range
₹438 - ₹460
Lot Size
-
IPO Size
₹871.05Cr
Exchange Symbols
Nephrocare Health Services Ltd IPO
₹14,720
/ 32
Cutoff - Lot Size
Nephrocare Health Services IPO Dates and Timelines
Nephrocare Health Services IPO Size
Nephrocare Health Services IPO Reservation
Investor Category
Shares Offered
Allocation Percentage %
Anchor Investor Shares Offered
56,57,920
-
QIB Shares Offered
94,29,866
50.0%
NII (HNI) Shares Offered
28,28,960
15.0%
Retails Shares Offered
66,00,906
35.0%
Total Shares Offered
1,89,35,819
-
Total Shares with Anchor Investor
1,50,87,786
100%
Nephrocare Health Services IPO Lot Size
Applications
Lot
Shares
Amount
Retail (Min)
1
32
₹14,720
Retail (Max)
13
416
₹1,91,360
S-HNI (Min)
14
448
₹2,06,080
S-HNI (Max)
67
2144
₹9,86,240
B-HNI (Min)
68
2176
₹10,00,960
Nephrocare Health Services IPO Shareholding Pattern
Category
Pre-Issue
Post-issue
Promoter Group
77.29%
66.72%
Public Group
22.71%
33.28%
Nephrocare Health Services IPO Financials
Total Assets Total Liabilities
Total Revenue Total Expenditure
EBITDA Profit
Share Capital
Nephrocare Health Services IPO Peers
Peer Name
P/E(x)
RoNW%
Narayana Health Insurance Ltd
45.21
21.77
Rainbow Children's Hospital Pvt Ltd
56.84
16.56
Dr Agarwal's Health Care Ltd
179.42
5.73
Nephrocare Health Services IPO Strengths & Risks
Strength
Risks
India's and Asia's largest dialysis chain with leadership across our markets.
Scale coupled with asset-light model driving cost efficiencies and operational excellence.
Driving clinical excellence and quality through protocols and advanced technology.
Organic growth augmented by proven track record of acquisitions and integration in India and internationally.
The company derives a portion of its revenue from operations from the company captive clinics, which are defined as the company dialysis clinics operated within private hospital premises under contractual arrangement, and such captive clinics accounted for 36.51%, 43.30%, 51.96% and 62.23% of its revenue from operations in the six months period ended September 30, 2025 and Fiscals 2025, 2024 and 2023, respectively. If the company contracts for operating captive clinics are cancelled or if its unable to renew or retain similar revenue and operational arrangements, the company business may be materially and adversely affected.IPO Registrars
Nephrocare Health Services Limited
We offer comprehensive dialysis care through our network of clinics from diagnosis to treatment and wellness programs including haemodialysis, home and mobile dialysis, supported by pharmacy. We are India's largest dialysis service provider in terms of number of patients served, clinics, cities covered, treatments performed, revenue, and EBITDA (excluding other income) in Fiscal 2025. (Source: F&S Report) In Fiscal 2025, we served 29,281 patients and completed 2,885,450 treatments in India which represented approximately 10% of the total dialysis patients in India. We have a global network of 519 clinics and are the most widely distributed dialysis network in India with an extensive pan-India network of clinics across 288 cities, as of September 30, 2025 (Source: F&S Report) and 21 States and four Union Territories. In the six months period ended September 30, 2025 and Fiscal 2025, 2024, and 2023, our revenue from operations was Rs. 4,735.01 million, Rs. 7,558.12 million, Rs. 5,661.55 million and Rs. 4,372.95 million, respectively, highest amongst major organized dialysis service chains in India (Source: F&S Report). Our Profit / (loss) for the period / year was Rs. 142.28 million, Rs. 670.96 million, Rs. 351.33 million and Rs. (117.89) million in the six months period ended September 30, 2025, Fiscals 2025, 2024 and 2023, respectively. Our EBITDA (excluding other income) has consistently increased and was Rs. 1,103.10 million, Rs. 1,666.37 million, Rs. 996.58 million and Rs. 485.95 million in the six months period ended September 30, 2025, Fiscals 2025, 2024 and 2023, respectively.
Contact Details
IPO Company Name:
Nephrocare Health Services Limited
Phone Number:
+91 40 4240 8039
Email ID:
Website:
www.nephroplus.com
Address:
Hyderabad, Telangana
Nephrocare Health Services IPO Overview
Nephrocare Health Services: IPO Dates
The Nephrocare Health Services IPO opens for subscription on 10 Dec 2025, and closes on 12 Dec 2025. Investors will likely receive their allotment status updates on 15 Dec 2025. Those who get allotted shares can expect them credited to their Demat accounts by 16 Dec 2025. The shares will be officially listed on the stock exchange on 17 Dec 2025.
Nephrocare Health Services: IPO Price Band
The IPO consists of a fresh issue and an offer for sale, with a price band set between ₹438.0 and ₹460.0 per share.Investors can apply within this range. This book-building issue includes a fresh issue worth ₹353.41 crore and an offer for sale valued at ₹ 517.64 crore. The exact listing price will be revealed on 17 Dec 2025, which is when the shares start trading on the exchange.
Nephrocare Health Services: Lot Size and Issue Size
The minimum application lot size is shares, and investors need to apply for at least one lot. The total IPO size is approximately ₹871.05Cr crore.
How to Apply for Nephrocare Health Services IPO Online?
- 1. Log in to Torus Digital: Open the Torus Digital app and enter your login details.
- 2. Find the IPO Section: Navigate to the ‘IPO’ tab in the app.
- 3. Select Nephrocare Health Services IPO: Choose it from the list of available IPOs.
- 4. Enter Lot Quantity: Input how many lots you want to apply for.
- 5. Provide UPI ID: Submit your UPI ID for payment.
- 6. Approve Payment: When the payment request comes to your UPI app, approve it by entering your UPI PIN.
How to Check IPO Allotment Status for Nephrocare Health Services?
- 1. Open the Torus Digital app and log in.
- 2. Go to the ‘IPO’ section and select ‘IPO Orders’.
- 3. Choose the Nephrocare Health Services IPO application.
- 4. View your allotment status.
You will also get notified of your allotment via push notifications and email from Torus Digital.
FAQ’s
What is the open date of IPO?
- The opening date of IPO is 10 Dec 2025.
What is the close date of IPO?
- The closing date of IPO is 12 Dec 2025.
What is the issue size of IPO?
- The issue size of IPO is Rs 871.05 Cr.
What is the lot size of IPO?
- The size per lot of IPO is 32.0.
How to apply for IPO?
- To apply for IPO:
- Navigate to the IPO section of mobile app/website
- Click on Current IPO
- Click on IPO
- Enter Lot Quantity
- Enter Valid UPI ID
- Click on apply
- Your application will be processed once the transaction is completed successfully.
What is the allotment date of IPO?
- The Allotment Date of IPO is 15 Dec 2025.
What is the listing date of IPO?
- IPO will get listed on 17 Dec 2025.
Who is the registrar of IPO?
- The registrar of IPO is KFin Techologies Ltd.
Open FREE
3-in-1 Account
for all your banking, trading and demat needs
Trade in stocks,
derivatives and F&O
