Nephro Care India Ltd. has announced public offering of 4584000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 80.00 per share. The gross proceeds of the issue are expected to be Rs 4,125.60 lakhs.

The company's initial public offer (IPO) will open on 28 June 2024 and is expected to close on 02 July 2024, subject to customary closing conditions. The price band of the issue has been fixed at Rs 85.00-90.00 per share.

The IPO includes a fresh Issue of 4584000 Equity Shares of the Company at an price of Rs 90.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 1600 shares with bids in multiples of 1600.

Nephro Care India Ltd. anticipates using the proceeds of the issue for .

Corporate Capitalventures Pvt. Ltd. as lead manager & Bigshare Services Pvt Ltd. is the registrar, to the issue.