Gujarat Kidney and Super Speciality, a Gujarat-based multispeciality hospital chain, has successfully garnered Rs 100 crore from anchor investors, marking a strong start to its initial public offering (IPO). The allocation was finalized on December 19, with the company issuing 87,73,120 equity shares at Rs 114 per share to prominent institutional investors.
Key highlights from the announcement include
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The IPO will open for subscription on December 22 and close on December 24, with a price band set at Rs 108–114 per share.
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The issue size comprises 2.2 crore equity shares, entirely a fresh issue, targeting to raise Rs 250.8 crore.
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Anchor investors include Venus Investments VCC – Venus Stellar Fund, Khandelwal Finance, Craft Emerging Market Fund PCC Citadel Capital Fund, Nexus Global Opportunities Fund, Arnesta Global Opportunities Fund PCC – Arnesta Global Fund 1, Zeta Global Funds – Zeta Series C Fund, Innovative Vision Fund, Religo Commodities Ventures Trust, and Sunrise Investment Trust.
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Craft Emerging Market Fund emerged as the largest investor, acquiring nearly 39.47 lakh shares worth Rs 45 crore.
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The IPO has earmarked 75 percent of the issue for Qualified Institutional Buyers (QIBs), 15 percent for Non-Institutional Investors (NIIs), and 10 percent for retail investors.
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Retail investors can apply for a minimum of one lot comprising 128 shares, requiring an investment of Rs 14,592 at the upper price band.
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Post-listing, the company is expected to command a market capitalization of approximately Rs 899 crore.
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Financially, Gujarat Kidney and Super Speciality reported revenue of Rs 40.40 crore in 2025, up from Rs 5.48 crore in 2024, with profits rising to Rs 9.50 crore from Rs 1.71 crore in the same period.
The successful anchor book subscription reflects strong investor confidence in the hospital chain’s growth trajectory and expansion plans. With healthcare demand rising in India, the IPO is expected to attract significant interest from both institutional and retail investors.
Sources: Livemint, Moneycontrol, CNBC-TV18, IPO Watch, Live Hindustan
