Gujarat Kidney IPO Subscription Status
Gujarat Kidney IPO closed on 24 December 2025 with an overall subscription of 5.21x based on shares applied. QIB demand came in at 1.06x, NII at 5.73x, and retail at 19.04x.
Allotment will be finalised on 26 December 2025. The stock is scheduled to list on NSE and BSE on 30 December 2025.
Issue Price
Rs 114.00
GMP Today
Rs 2.00 (+1.75%)
Overall Subscription
5.21x
Issue Size
₹250.80 Cr
Allotment Date
26 Dec 2025
Listing Date
30 Dec 2025
Gujarat Kidney IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 114.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 88.09 Cr | Rs 93.35 Cr | 1.06x |
| FII | - | Rs 49.36 Cr | - |
| DFI | - | - | - |
| Mutual Funds | - | Rs 5.25 L | - |
| Other | - | Rs 43.94 Cr | - |
| NII | Rs 37.62 Cr | Rs 215.46 Cr | 5.73x |
| bNII (above Rs 10L) | Rs 25.08 Cr | Rs 131.70 Cr | 5.25x |
| Corporate | - | Rs 3.32 Cr | - |
| Individual | - | Rs 125.36 Cr | - |
| Other | - | Rs 3.02 Cr | - |
| sNII (Rs 2L to Rs 10L) | Rs 12.54 Cr | Rs 83.76 Cr | 6.68x |
| Corporate | - | Rs 53.70 L | - |
| Individual | - | Rs 79.61 Cr | - |
| Other | - | Rs 3.61 Cr | - |
| Retail | Rs 25.08 Cr | Rs 477.44 Cr | 19.04x |
| Cut-off price | - | Rs 407.82 Cr | - |
| Fixed price | - | Rs 69.61 Cr | - |
| Total | Rs 150.79 Cr | Rs 786.25 Cr | 5.21x |
Gujarat Kidney IPO Subscription by Applications
Category-wise subscription based on applications received
| Category | Applications Offered | Applications Received | Subscription |
|---|---|---|---|
| QIB | 77,26,880 | 51 | 0.00x |
| FII | - | 6 | - |
| DFI | - | - | - |
| Mutual Funds | - | 3 | - |
| Other | - | 42 | - |
| NII | 1,842 | 4,955 | 2.69x |
| bNII (above Rs 10L) | 1,228 | 1,277 | 1.04x |
| Corporate | - | 34 | - |
| Individual | - | 1,213 | - |
| Other | - | 30 | - |
| sNII (Rs 2L to Rs 10L) | 614 | 3,678 | 5.99x |
| Corporate | - | 21 | - |
| Individual | - | 3,485 | - |
| Other | - | 172 | - |
| Retail | 17,188 | 2,57,487 | 14.98x |
| Cut-off price | - | 2,20,231 | - |
| Fixed price | - | 37,256 | - |
| Total | 77,45,910 | 2,62,493 | 0.03x |
What Do These Subscription Numbers Mean?
A subscription of 5.21x by shares means the IPO received bids for 5 times the shares reserved. Allotment odds depend on application count in each category, not share volume.
Here is what each category number tells you:
QIB at 1.06x by shares: This is the strongest signal on the page. QIBs are institutional investors, mutual funds, foreign institutions, and banks. When they subscribe at 1.06x, it reflects serious institutional conviction.
NII at 2.69x by applications: NII includes high net worth individuals applying above Rs 2 lakh. Proportional allotment uses application subscription. bNII came in at 1.04x and sNII at 5.99x by applications. Share subscription was 5.73x. Allotment uses application count, not share volume.
At 14.98x subscription by applications, approximately 1 in 15 retail applicants can expect an allotment (~7% per application). Retail allotment is done by lottery when oversubscribed. Share subscription was 19.04x. Allotment uses application count, not share volume.
Gujarat Kidney IPO Allotment Chances
Allotment odds below use application subscription (number of bids received), not share or amount subscribed.
Retail
- •Application subscription: 14.98x.
- •Allotment odds: about 1 in 15 (~7% chance per application).
- •Method: Lottery. If allotted, you receive at least one lot.
- •Share subscription was 19.04x. Allotment uses application count, not share volume.
- •One application per PAN. Multiple eligible accounts in a household can improve overall family odds, not individual odds.
SHNI (Rs 2 lakh to Rs 10 lakh)
- •Application subscription: 5.99x.
- •Allotment odds: about 1 in 6 for a minimum-lot application (~17% of the applied lot on average).
- •Method: Proportional. Shares allotted are based on your bid size, not a lottery.
- •Share subscription was 6.68x. Allotment uses application count, not share volume.
BHNI (above Rs 10 lakh)
- •Application subscription: 1.04x.
- •Allotment odds: about 1 in 1 for a minimum-lot application (~96% of the applied lot on average).
- •Method: Proportional. Shares allotted are based on your bid size, not a lottery.
- •Share subscription was 5.25x. Allotment uses application count, not share volume.
Check the Gujarat Kidney IPO Allotment Status page from 26 December 2025 for your allotment result.
Gujarat Kidney IPO GMP After Subscription
GMP for Gujarat Kidney IPO stands at Rs 2.00 today, giving an estimated listing price of Rs 116.00 per share.
A subscription of 5.21x combined with a GMP of 1.75% is a strong combination heading into listing. QIB demand above 50x in particular tends to support listing sentiment, as institutional investors are seen as informed buyers.
Track live GMP on the Gujarat Kidney IPO GMP Today page or the IPOwiz Live IPO GMP Tracker.
Gujarat Kidney IPO Day-wise Subscription
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 22 Dec 2025 | 0.34x | 1.98x | 5.07x | 1.54x |
| Day 2 - 23 Dec 2025 | 0.34x | 2.97x | 10.70x | 2.72x |
| Day 3 - 24 Dec 2025 | 1.06x | 5.73x | 19.04x | 5.21x |
Gujarat Kidney IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 22 December 2025 |
| IPO Close Date | 24 December 2025 |
| Allotment Date | 26 December 2025 |
| Refund Initiation | 27 December 2025 |
| Share Credit to Demat | 27 December 2025 |
| Listing Date | 30 December 2025 |
| Minimum Investment | Rs 14,592.00 |
| Lot Size | 128 shares |
About Gujarat Kidney IPO
Gujarat Kidney and Super Speciality Limited (GKASSL), incorporated in 2019, is a regional healthcare provider in central Gujarat specializing in renal sciences and multi-speciality tertiary care. The company operates 7 hospitals and 4 pharmacies across Vadodara, Godhra, Bharuch, Borsad, and Anand, with an operational capacity of 340 beds. It focuses on high-end surgical procedures, including kidney transplants and robotic-assisted surgeries.
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors
High net worth individuals applying above Rs 2 lakh. Divided into bNII (above Rs 10 lakh) and sNII (Rs 2 lakh to Rs 10 lakh). NII allotment is proportional.
Retail - Retail Individual Investors
Investors applying up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Minimum one lot per successful applicant.
Gujarat Kidney IPO Subscription FAQs
What is Gujarat Kidney IPO IPO subscription status today?
Gujarat Kidney IPO IPO subscription closed on 24 December 2025 with overall subscription of 5.21x (by shares) as of 27 June 2026, 2:47 AM IST. QIB 1.06x, NII 2.69x, Retail 14.98x.
What is the overall subscription of Gujarat Kidney IPO IPO?
Gujarat Kidney IPO IPO is subscribed 5.21x overall by shares at close on 24 December 2025. QIB 1.06x, NII 2.69x, and Retail 14.98x.
What is Gujarat Kidney IPO IPO QIB subscription?
Gujarat Kidney IPO IPO QIB (Qualified Institutional Buyers) subscription is 1.06x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.
What is Gujarat Kidney IPO IPO Retail subscription?
Gujarat Kidney IPO IPO Retail subscription is 14.98x by applications. Minimum retail bid is up to Rs 2 lakh per PAN.
What is Gujarat Kidney IPO IPO NII subscription?
Gujarat Kidney IPO IPO NII (Non-Institutional Investors) subscription is 2.69x by applications. NII covers bids above Rs 2 lakh.
What are allotment chances in Gujarat Kidney IPO IPO for retail?
At 14.98x subscription by applications, approximately 1 in 15 retail applicants can expect an allotment (~7% per application). Allotment is done by lottery. Share subscription was 19.04x. Allotment uses application count, not share volume.
When is Gujarat Kidney IPO IPO allotment date?
Gujarat Kidney IPO IPO allotment date is 26 December 2025. Check Gujarat Kidney IPO Allotment Status on IPOwiz from that day using your PAN.
When does Gujarat Kidney IPO IPO subscription close?
Gujarat Kidney IPO IPO subscription closed on 24 December 2025. No new applications are accepted after the close.
What is Gujarat Kidney IPO IPO GMP today?
Gujarat Kidney IPO IPO GMP is ₹2 today (+1.75% over issue price ₹114). See live GMP on the Gujarat Kidney IPO GMP Today page.
What is Gujarat Kidney IPO IPO issue price and lot size?
Gujarat Kidney IPO IPO issue price is ₹114 per share. Lot size is 128 shares. Minimum investment is ₹14,592 per lot. Issue size: ₹250.80 Cr.
When is Gujarat Kidney IPO IPO listing date?
Gujarat Kidney IPO IPO listing date is 30 December 2025 on NSE and BSE. Allotment is on 26 December 2025.
How does subscription affect Gujarat Kidney IPO IPO allotment?
Allotment odds in Gujarat Kidney IPO IPO depend on application subscription in each category, not share volume. Retail uses lottery when oversubscribed. NII proportional allotment at 2.69x by applications means roughly 1 in 3 for minimum-lot bids; bNII at 1.04x (~1 in 1). At 5.21x overall, competition is moderate.
For allotment results from 26 December 2025, visit the Gujarat Kidney IPO Allotment Status page. For listing day updates on 30 December 2025, download the IPOwiz App.
Reviewed by Dinesh Agrawal
15+ years in Indian capital markets and IPO research. Subscription data verified before publish.