Gujarat Kidney IPO GMP Today: What To Expect From Rs 251 Crore IPO’s Listing Today? 3 Key Things To Know

Gujarat Kidney IPO GMP Today: The Rs 251 crore initial public offering (IPO) of Gujarat Kidney & Super Speciality Limited is scheduled to make its stock market debut on Tuesday, December 30. The issue witnessed a muted investor response during the subscription period, with its grey market premium (GMP) hovering at zero for several days before showing slight upward movement on Monday.

For those investors who are closely tracking, Gujarat Kidney & Super Speciality Limited IPO, since it opened for subscription, here are all the details to know about the IPO ahead of its listing.

Gujarat Kidney IPO GMP Today

Gujarat Kidney IPO GMP Today stood at Rs 1.5 on Monday at 9 pm, according to investorgain.com. Hence, the Gujarat Kidney IPO listing is expected to be for Rs 115 per share (which is the sum of its upper price band and the latest IPO GMP today). The IPO is expected to be listed at a percentage gain or loss per share of 1.32%.

Gujarat Kidney IPO Listing Today: What To Expect?

The Gujarat Kidney IPO witnessed muted investor participation during the subscription period. According to market experts, the issue is likely to list at a marginal premium or possibly at a slight discount.

Gujarat Kidney is a mid-sized multispeciality hospital chain operating across the central region of Gujarat. With a portfolio of seven multispeciality hospitals, GKASSL offers both surgical services (secondary care) and super-speciality surgical services as well (tertiary care). Its plans to execute some acquisitions and other deals, Gujarat Kidney is "fairly valued" for investors, noted SBI Securities in its IPO note earlier. The brokerage has given a 'Neutral rating' to the issue.

"During FY25, the company delivered Revenue/EBITDA/PAT of Rs 40.2 cr/Rs 16.5 cr/Rs 9.4 cr, up 742.9%/748.2%/449.2% YoY respectively. We believe the company is fairly valued and hence assign a Neutral rating to the issue," noted the company in its IPO note.

Gujarat Kidney IPO Listing Today: Check Subscription Status, Price Band, Other Details

The IPO was subscribed around 5.21 times, the public issue subscribed 19.04 times in the retail category, 1.06 times in QIB (ex-anchor) category, and 5.73 times in the NII category during the period.

The company had fixed an upper price band at Rs 114 per share, with a lot size of 128 for retail investors. The minimum amount of investment required by a retail is Rs 14,592, which is 128 shares. The lot size investment for sNII is 14 lots, (1792 shares) amounting to Rs 2,04288, and for bNII, it is 69 lots, amounting to Rs 10,06,848.