Gujarat Kidney IPO Date, Review, Price, Allotment Details
The Gujarat Kidney IPO opens on December 22, 2025, and will close on December 24, 2025. It is a Book Building Issue through which the company aims to raise approximately ₹250.80 crores, entirely via a fresh issue. Each equity share has a face value of ₹2.
The IPO price band is set between ₹108 and ₹114 per share. The issue allocation comprises 10% for retail investors, 75% for Qualified Institutional Buyers (QIBs), and 15% for High Net-worth Individuals (HNIs). The allotment will be finalized on December 26, 2025, and the shares are expected to list on BSE and NSE on December 30, 2025.
Gujarat Kidney reported a revenue of ₹40.40 crores in 2025, up from ₹5.48 crores in 2024. The company posted a profit of ₹9.50 crores in 2025 compared to ₹1.71 crores in 2024. Based on these financials, the IPO is recommended for long-term investors.
Gujarat Kidney IPO Details
IPO Open Date December 22, 2025 IPO Close Date December 24, 2025 Face Value ₹2 Per Equity Share IPO Price Band ₹108 to ₹114 Per Share Issue Size Approx ₹250.80 Crores Fresh Issue Approx ₹250.80 Crores Issue Type Book Build Issue IPO Listing BSE, NSE DRHP Draft Prospectus 
RHP Draft Prospectus
Gujarat Kidney IPO Market Lot
The minimum market lot for the Gujarat Kidney IPO is 128 shares, amounting to ₹14,592 per application. Retail investors can apply for up to 13 lots, totaling 1,664 shares, with an investment of ₹1,89,696.
Application Lot Size Shares Amount Retail Minimum 1 128 ₹14,592 Retail Maximum 13 1,664 ₹1,89,696 S-HNI Minimum 14 1,792 ₹2,04,288 S-HNI Maximum 68 8,704 ₹9,92,256 B-HNI Minimum 69 8,832 ₹10,06,848
IPO Reservation
Investor Category Share Offered -% Shares Anchor Investor 87,73,120 Shares -% QIB (Ex. Anchor) – Shares 75% NII Shares Offered – Shares 15% Retail Shares Offered – Shares 10%
Gujarat Kidney IPO Anchor Investors
Anchor Bidding Date December 19, 2025 Anchor Investors List Shares Offered 87,73,120 Shares Anchor Size 100.01 Cr. lock-in period end date 50% shares (30 Days) January 25, 2026 lock-in period end date 50% shares (90 Days) March 26, 2026
Gujarat Kidney IPO Dates
The Gujarat Kidney IPO opens on December 22, 2025, and closes on December 24, 2025. The allotment will be finalized on December 26, 2025, and the IPO is scheduled to list on the BSE and NSE on December 30, 2025.
IPO Open Date: December 22, 2025 IPO Close Date: December 24, 2025 Basis of Allotment: December 26, 2025 Refunds: December 29, 2025 Credit to Demat Account: December 29, 2025 IPO Listing Date: December 30, 2025 IPO Bidding Cut-off Time: December 24, 2025 – 5 PM
Promoters and Holding Pattern
The promoters of the company are Dr. Pragnesh Yashwantsinh Bharpoda, Dr. Bhartiben Pragnesh Bharpoda, Dr. Yashwantsingh Motisinh Bharpoda and Anitaben Yashwantsinh Bharpoda.
Particular Shares % Share Promoter Holding Pre Issue 5,68,43,250 99.10% Promoter Holding Post Issue 7,88,43,250 71.45%
Objects of the Issue & Utilisation of proceeds
Purpose Crores Proposed acquisition of Parekhs Hospital at Ahmedabad. ₹77.00 Part-payment of purchase consideration for the already acquired “Ashwini Medical Centre”. ₹12.40 Funding of capital expenditure requirements of the Company towards setting up of a new hospital in Vadodara. ₹30.10 Buying robotics equipment for our hospital Gujarat Kidney & Super Speciality hospital in Vadodara location. ₹6.83 Full or part repayment and/or prepayment of certain outstanding secured borrowings availed by the Company ₹1.20 Funding inorganic growth through unidentified acquisitions and General Corporate Purposes. ₹- Acquisition of additional shareholding in the subsidiary namely “Harmony Medicare Private Limited” at Bharuch ₹10.78
About Gujarat Kidney IPO
Gujarat Kidney and Super Speciality Limited (GKASSL), established in 2019, is a leading provider of multispeciality healthcare services in Gujarat, India. The company operates multiple hospitals offering comprehensive medical care, including secondary and tertiary services. Its specialties include internal medicine, general surgery, minimally invasive procedures, orthopaedics and trauma care, joint replacement surgery, obstetrics and gynaecology, respiratory care, non-interventional cardiology, diabetology, and anaesthesiology.
GKASSL runs a network of seven multispeciality hospitals and four pharmacies across the state. Key facilities include Gujarat Kidney and Superspeciality Hospital (Vadodara), Gujarat Multispeciality Hospital (Godhra), Raj Palmland Hospital (Bharuch), Surya Hospital and ICU (Borsad), Gujarat Surgical Hospital (Vadodara), and Ashwini Medical Centre (Anand).
Gujarat Kidney IPO Company Financial Report
Amount ₹ in Crores
Period Ended Revenue Expense PAT Assets 2023 ₹0.00 ₹0.01 ₹0.01 ₹3.87 2024 ₹5.48 ₹3.21 ₹1.71 ₹20.53 2025 ₹40.40 ₹27.63 ₹9.50 ₹55.34 June 2025 ₹15.27 ₹7.78 ₹5.40 ₹61.59
Gujarat Kidney IPO Valuation – FY2025
Check Gujarat Kidney IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
KPI Values ROE: 36.61% ROCE: 37.65% EBITDA Margin: 41.12% PAT Margin: 23.61% Debt to equity ratio: 0.15 Earning Per Share (EPS): ₹1.85 (Basic) Price/Earning P/E Ratio: NA Return on Net Worth (RoNW): 36.61% Net Asset Value (NAV): ₹5.04
Peer Group Comparison
Company EPS PE Ratio RoNW % NAV Income Yatharth Hospital & Trauma Care Services Limited 14.72 55.84 8.13% 166.62 880.49 Cr. GPT Healthcare Limited 6.08 24.51 20.14% 30.21 407.09 Cr. KMC Speciality Hospitals (India) Ltd 1.31 52.60 13.04% 10.08 231.60 Cr.
IPO Lead Managers aka Merchant Bankers
- Nirbhay Capital Services Private Limited
Company Address
Gujarat Kidney and Super Speciality Limited
Plot No. 1, City Sarve No. 1537/A,
Jetalpur Road, Gokak Mill Compound,
Alkapuri, Vadodara – 390 020, Gujarat
Phone: +91 265 298 4800
Email: info@gujaratsuperspecialityhospital.com
Website: https://www.gujaratsuperspecialityhospital.com/
IPO Registrar
MUFG Intime India Pvt.Ltd.
Phone: +91-22-4918 6270
Email: gujaratkidney.ipo@in.mpms.mufg.com
Website: https://linkintime.co.in/Initial_Offer/public-issues.html