Nephrocare Health IPO Subscription
ListedUpdated 17 December 2025, 9:15 AM IST· Mainboard
Nephrocare Health IPO subscription closed on 12 December 2025 at 14.08x overall by shares. QIB demand came in at 26.82x, NII at 24.77x, and retail at 2.35x. See Retail, SHNI, and BHNI allotment chances in the table…
Nephrocare Health IPO subscription closed on 12 December 2025 at 14.08x overall by shares. QIB demand came in at 26.82x, NII at 24.77x, and retail at 2.35x. See Retail, SHNI, and BHNI allotment chances in the table below.
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Allotment date is 15 December 2025. Listing date on NSE and BSE is 17 December 2025.
Nephrocare Health IPO Day-wise Subscription
Daily QIB, NII, Retail, and overall subscription as bids come in
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 10 Dec 2025 | 0.00x | 0.10x | 0.21x | 0.13x |
| Day 2 - 11 Dec 2025 | 0.29x | 0.23x | 0.47x | 0.37x |
| Day 3 - 12 Dec 2025 | 26.82x | 24.77x | 2.36x | 14.08x |
Nephrocare Health IPO Allotment Chances
Retail, SHNI, and BHNI chances based on application subscription
Nephrocare Health IPO allotment chances for Retail, SHNI, and BHNI. All three use lottery when the category is oversubscribed.
| Category | Subscription (Apps) | Allotment Chances |
|---|---|---|
| Retail | 1.95x | 1 in 2 |
| SHNI (Rs 2L to Rs 10L) | 13.16x | 1 in 13 |
| BHNI (above Rs 10L) | 6.11x | 1 in 6 |
Chances use application subscription (how many bids came in), not share or amount figures. If you get allotment, you get at least one lot. Higher subscription means lower chance per PAN.
Check the Nephrocare Health IPO Allotment Status page from 15 December 2025 for your result.
Nephrocare Health IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 460.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 173.34 Cr | Rs 4,649.18 Cr | 26.82x |
| FII | - | Rs 1,237.50 Cr | - |
| DFI | - | Rs 880.28 Cr | - |
| Mutual Funds | - | Rs 882.04 Cr | - |
| Other | - | Rs 1,649.35 Cr | - |
| NII | Rs 130.08 Cr | Rs 3,222.35 Cr | 24.77x |
| bNII (above Rs 10L) | Rs 86.72 Cr | Rs 2,638.84 Cr | 30.43x |
| Corporate | - | Rs 38.83 Cr | - |
| Individual | - | Rs 2,488.13 Cr | - |
| Other | - | Rs 111.88 Cr | - |
| sNII (Rs 2L to Rs 10L) | Rs 43.36 Cr | Rs 583.51 Cr | 13.46x |
| Corporate | - | Rs 72.86 L | - |
| Individual | - | Rs 559.80 Cr | - |
| Other | - | Rs 22.98 Cr | - |
| Retail | Rs 303.52 Cr | Rs 714.76 Cr | 2.35x |
| Cut-off price | - | Rs 588.49 Cr | - |
| Fixed price | - | Rs 126.27 Cr | - |
| Employee | Rs 3.84 Cr | Rs 10.82 Cr | 2.81x |
| Cut-off price | - | Rs 8.29 Cr | - |
| Fixed price | - | Rs 2.53 Cr | - |
| Total | Rs 610.78 Cr | Rs 8,597.10 Cr | 14.08x |
Nephrocare Health IPO Subscription by Applications
Category-wise subscription based on applications received
| Category | Applications Offered | Applications Received | Subscription |
|---|---|---|---|
| QIB | 37,68,224 | 265 | 0.00x |
| FII | - | 25 | - |
| DFI | - | 21 | - |
| Mutual Funds | - | 66 | - |
| Other | - | 153 | - |
| NII | 6,312 | 53,403 | 8.46x |
| bNII (above Rs 10L) | 4,208 | 25,721 | 6.11x |
| Corporate | - | 350 | - |
| Individual | - | 24,262 | - |
| Other | - | 1,109 | - |
| sNII (Rs 2L to Rs 10L) | 2,104 | 27,682 | 13.16x |
| Corporate | - | 30 | - |
| Individual | - | 26,555 | - |
| Other | - | 1,097 | - |
| Retail | 2,06,197 | 4,02,091 | 1.95x |
| Cut-off price | - | 3,29,147 | - |
| Fixed price | - | 72,944 | - |
| Employee | 2,610 | 3,770 | 1.44x |
| Cut-off price | - | 3,345 | - |
| Fixed price | - | 425 | - |
| Total | 39,83,343 | 4,59,529 | 0.12x |
What Do These Subscription Numbers Mean?
14.08x overall by shares means bids covered about 14 times the shares on offer. Allotment chances depend on applications in each category.
QIB at 26.82x by shares shows institutional demand from mutual funds, FIIs, and banks.
NII covers bids above Rs 2 lakh (8.46x by applications). Split: SHNI 13.16x, BHNI 6.11x by applications. SHNI and BHNI allotment is by lottery.
At 1.95x subscription by applications, about 1 in 2 retail applicants may get allotment (~51% chance per application). Retail allotment is also by lottery.
Nephrocare Health IPO GMP After Subscription
GMP for Nephrocare Health IPO stands at Rs 37.00 today, giving an estimated listing price of Rs 497.00 per share.
A subscription of 14.08x combined with a GMP of 8.04% 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 Nephrocare Health IPO GMP Today page or the IPOwiz Live IPO GMP Tracker.
Nephrocare Health IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 10 December 2025 |
| IPO Close Date | 12 December 2025 |
| Allotment Date | 15 December 2025 |
| Refund Initiation | 16 December 2025 |
| Share Credit to Demat | 16 December 2025 |
| Listing Date | 17 December 2025 |
| Minimum Investment | Rs 14,720.00 |
| Lot Size | 32 shares |
About Nephrocare Health IPO
Nephrocare Health Services Ltd. , founded in 2010, is India’s and Asia’s largest dialysis chain, providing complete dialysis care, including haemodialysis, home/mobile dialysis, and wellness programs. The company operates 519 clinics globally (51 internationally) and approximately 78% of its Indian clinics are located in Tier II and III cities.
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 (SHNI & BHNI)
Investors bidding above Rs 2 lakh. Split into SHNI (Rs 2 lakh to Rs 10 lakh) and BHNI (above Rs 10 lakh). Both use lottery allotment when oversubscribed.
Retail - Retail Individual Investors
Investors bidding up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Winners get at least one lot.
Nephrocare Health IPO IPO Pages
Open related pages for this IPO: details, GMP, subscription, allotment, review, FAQ, registrar, timeline, and news.
Nephrocare Health IPO Details
Issue size, price, financials, and company info
Nephrocare Health IPO GMP
Live grey market premium and listing estimate
Nephrocare Health IPO Subscription
QIB, NII, Retail, SHNI and BHNI subscription
Nephrocare Health IPO Allotment
Allotment date, chances, and check by PAN
Nephrocare Health IPO Review
SWOT, strengths, risks, and IPO review
Nephrocare Health IPO FAQ
Common questions on dates, GMP, and allotment
Nephrocare Health IPO Registrar
Registrar website and how to check allotment
Nephrocare Health IPO Timeline
Open, close, allotment, and listing dates
Nephrocare Health IPO News
Updates, blogs, and latest IPO news
Nephrocare Health IPO Subscription FAQs
What is Nephrocare Health IPO subscription status today?
Nephrocare Health IPO subscription closed on 12 December 2025 with overall subscription of 14.08x (by shares) as of 27 August 2026, 4:32 AM IST. QIB 26.82x, NII 8.46x, Retail 1.95x.
What is the overall subscription of Nephrocare Health IPO?
Nephrocare Health IPO is subscribed 14.08x overall by shares at close on 12 December 2025. QIB 26.82x, NII 8.46x, and Retail 1.95x.
What is Nephrocare Health IPO QIB subscription?
Nephrocare Health IPO QIB (Qualified Institutional Buyers) subscription is 26.82x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.
What is Nephrocare Health IPO Retail subscription?
Nephrocare Health IPO Retail subscription is 1.95x by applications. Retail bids are up to Rs 2 lakh per PAN.
What is Nephrocare Health IPO NII, SHNI, and BHNI subscription?
Nephrocare Health IPO NII subscription is 8.46x by applications. NII is bids above Rs 2 lakh, split into SHNI (Rs 2L to Rs 10L) at 13.16x and BHNI (above Rs 10L) at 6.11x.
What are Nephrocare Health IPO retail allotment chances?
At 1.95x subscription by applications, about 1 in 2 retail applicants may get allotment (~51% chance per application). Allotment is by lottery.
What are Nephrocare Health IPO SHNI allotment chances?
At 13.16x subscription by applications, about 1 in 13 SHNI applicants may get allotment (~8% chance per application). Allotment is by lottery.
What are Nephrocare Health IPO BHNI allotment chances?
At 6.11x subscription by applications, about 1 in 6 BHNI applicants may get allotment (~16% chance per application). Allotment is by lottery. Share subscription was 30.43x. Allotment chances use applications, not share volume.
When is Nephrocare Health IPO allotment date?
Nephrocare Health IPO allotment date is 15 December 2025. Check Nephrocare Health IPO Allotment Status on IPOwiz from that day using your PAN.
When does Nephrocare Health IPO subscription close?
Nephrocare Health IPO subscription closed on 12 December 2025. No new applications are accepted after the close.
What is Nephrocare Health IPO GMP today?
Nephrocare Health IPO GMP is ₹37 today (+8.04% over issue price ₹460). See live GMP on the Nephrocare Health IPO GMP Today page.
What is Nephrocare Health IPO issue price and lot size?
Nephrocare Health IPO issue price is ₹460 per share. Lot size is 32 shares. Minimum investment is ₹14,720 per lot. Issue size: ₹871.05 Cr.
When is Nephrocare Health IPO listing date?
Nephrocare Health IPO listing date is 17 December 2025 on NSE and BSE. Allotment is on 15 December 2025.
How does subscription affect Nephrocare Health IPO allotment?
In Nephrocare Health IPO, Retail, SHNI, and BHNI allotment is by lottery when oversubscribed. Chances follow application subscription in each category, not share volume. At 14.08x overall, competition is high.
For allotment results from 15 December 2025, visit the Nephrocare Health IPO Allotment Status page. For listing day updates on 17 December 2025, download the IPOwiz App.
Sources
We match Nephrocare Health IPO IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.
- SEBIRules for IPO allotment and disclosures in India
- NSEExchange notices, bidding data, and listing updates
- BSEExchange notices and IPO allotment check tools
- RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
- IPO RegistrarRegistrar details are on the allotment page for this IPO
Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.
Reviewed by
Dinesh Agrawal · Lead IPO Analyst
15+ years in Indian markets and IPO research. He reviews subscription data before it goes live.