Gaudium IVF and Women Health IPO Day 3: Check subscription status, allotment date and steps

Gaudium IVF and Women Health IPO: The initial public offering of fertility services provider Gaudium IVF and Women Health Ltd will conclude on Tuesday, February 24. As of day 2, the issue has been subscribed 3 times.

It has secured bids for 4,38,24,186 shares as against 1,46,20,340 shares on offer, according to the consolidated data on NSE.

Non-institutional investors' (NIIs) portion received 4.62 times the subscription, while the quota for retail individual investors (RIIs) got subscribed 4 times. The part for qualified institutional buyers (QIBs) fetched a 2% subscription.

The initial share sale is seeking to raise ₹165 crore via the issuance of new equity shares valued at ₹90 crore and an offer for sale (OFS) of ₹75 crore by promoter Dr Manika Khanna.

The money generated will be used to set up 19 new IVF centres across India, along with debt payment and corporate general purposes.

With a price band of ₹75 to ₹79 per share, a lot consists of 189 shares.

Gaudium IVF and Women Health is a key player in assisted reproductive technologies in India. It runs through a hub-and-spoke model, with seven hubs and 28 spokes across the country.

Gaudium IVF and Women Health IPO: Allotment and listing date

Gaudium IVF and Women Health IPO allotment is expected to take place on Wednesday, February 25, while the listing on stock exchanges will occur on Friday, February 27.

How to check Gaudium IVF and Women Health IPO allotment status on NSE

• Open NSE’s allotment status link on your browser: https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids
• Pick the ‘Equity & SME IPO bid details’ option
• Choose ‘Gaudium IVF and Women Health’ under the symbol ‘GAUDIUMIVF’
• Mention your details like PAN and application number
• Press on the 'Submit' button

Steps to check Gaudium IVF and Women Health IPO allotment status on Bigshare Services

• Go to this link: www.bigshareonline.com/ipo_Allotment.html
• From three servers, select any one
• Click on 'Gaudium IVF and Women Health' from the list
• Enter any one: Application number, PAN or beneficiary ID
• Hit the ‘Search’ button to check the allotment status

Gaudium IVF and Women Health IPO GMP