Gujarat Kidney and Super Speciality IPO Day 3: Check live subscription status, allotment date and steps

Gujarat Kidney and Super Speciality IPO: The initial public offering of Gujarat Kidney and Super Speciality, a healthcare company, has been subscribed 3.41 times so far on Wednesday, December 24, the final day of bidding.

It has received bids for 4,51,19,616 equity shares compared to 1,32,26,880 shares on offer, as per the NSE data until 11:18 am.

The category for retail investors attracted 13.31 times subscription, while the portion for non-institutional investors (NIIs) was booked 3.73 times. The quota meant for qualified institutional buyers (QIBs) was subscribed 46%.

The ₹250.80 crore initial share sale, with a price band of ₹108 to ₹114 per share, was only an offer for sale of 2.2 crore equity shares. A lot consists of 128 shares.

Proceeds from the fresh issue will be utilised for the proposed acquisition of Ahmedabad's Parekhs Hospital, part-payment of purchase consideration for the already acquired "Ashwini Medical Centre", setting up a new hospital in Vadodara, buying robotics equipment, debt repayment, funding inorganic growth and general corporate purposes.

Gujarat Kidney and Super Speciality is a regional healthcare company located in central Gujarat and operates a chain of mid-sized multi-speciality hospitals, offering integrated healthcare services, with a focus on secondary and tertiary care.

It operates seven multispeciality hospitals with a total capacity of 490 beds.

Gujarat Kidney and Super Speciality IPO: Allotment and listing date

The basis of allotment of the Gujarat Kidney and Super Speciality IPO will be finalised on Friday, December 26. The listing on the NSE and the BSE will occur on Tuesday, December 30.

How to check Gujarat Kidney and Super Speciality IPO allotment status on NSE

• Visit NSE's IPO status page: https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids
• Pick the ‘Equity & SME IPO bid details’ option
• Select ‘GKSL’ from the 'Select Symbol' list
• Add your PAN (Permanent Account Number) details and application number
• Press the 'Submit' button

Steps to check Gujarat Kidney and Super Speciality IPO status on MUFG Intime India

• Go to this link: https://in.mpms.mufg.com/Initial_Offer/public-issues.html
• Select ‘Gujarat Kidney and Super Speciality Ltd’ from the IPOs
• Add DP/Client ID, Application No, PAN or Account No/IFSC
• Press the ‘Submit’ button

Gujarat Kidney and Super Speciality IPO GMP

According to investorgain.com and media reports, Gujarat Kidney & Super Speciality's unlisted shares are trading at ₹116.5, reflecting a grey market premium of 2.19% or ₹2.5 over the upper price band of ₹114.