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Kolkata: Gujarat Kidney IPO got subscriptions of 2.72 times overall - 10.70 times in the retail category, 0.34 times in QIB (Ex Anchor) category and 2.97 times in the NII category. It is clear that the retail investors have responded to it enthusiastically, while the QIBs (qualified institutional buyers) have been lukewarm. Significantly, the QIB participation in an issue is an important indicator since QIBs are usually banks, insurance companies and mutual funds which have the requite skills and tools to analyse an issue threadbare and the deep pockets to invest.
Gujarat Kidney IPO is perhaps the last mainboard public issue of 2026 which attracted a record number of companies to tap the market. As many as 104 issues mainboard IPOs have been listed till Dec 23. It is also worthy to note that there is a sudden spurt of healthcare IPOs and the trend is expected to continue in 2026. Gujarat Kidney IPO intends to mop up Rs 250.08 crore through only fresh shares. Rs 100 crore were raised from anchor investors. The company owns and operates seven multispeciality hospitals and four pharmacies with a total capacity of 490 beds. The hospitals are located in Vadodara, Godhra, Bharuch, Borsad and Anand.
According to investorgain, Gujarat Kidney IPO GMP stood at Rs 2.5 in early morning of Dec 24. Considering a price of Rs 114.00, Gujarat Kidney IPO's estimated listing price is Rs 116.5 and, therefore, the listing gain is 2.19%. The GMP dipped to from Rs 10, a level recorded on December 18. However, it must be kept in mind that GMP is an unofficial indicator which can change rapidly with time and cannot guarantee anything -- gain (or loss) on listing.
Gujarat Kidney IPO price band has been fixed at Rs 108-114. A retail investor has to invest a minimum of 128 shares for which the minimum application money is Rs 14,592 and the calculation is based on the upper price. The smallest lot size investment for sNII investors is 1,792 shares. The smallest lot for bNII investors it is 8,832 shares. Nirbhay Capital Services is the lead manager and MUFG Intime the registrar to the issue.
IPO bid closes: Today, Dec 24
Cut-off time for UPI mandate confirmation: 5 pm today
Allotment: Dec 26
Refund: Dec 29
Credit of shares to demat: Dec 29
Listing: Dec 30
(Disclaimer: This article is only meant to provide information. TV9 does not recommend buying or selling shares or subscriptions of any IPO, Mutual Funds, precious metals, commodity, any form of alternative investment instruments and crypto assets.)
