NephroPlus, India’s largest dialysis network, is launching its maiden IPO on December 10, raising Rs 353.4 crore through a fresh issue and 1.12 crore shares via OFS. Funds will support clinic expansion and debt repayment

New Delhi: Dialysis services provider Nephrocare Health Services Ltd, known for its brand NephroPlus, is set to launch its initial public offering, comprising fresh issue of shares worth a little over Rs 353 crore, on December 10.

The Hyderabad-based company’s maiden public offering will conclude on December 12, and anchor bidding will take place on December 9, according to the Red Herring Prospectus (RHP).

The IPO is a combination of a fresh issue of shares aggregating up to Rs 353.4 crore and an Offer For Sale (OFS) of 1.12 crore shares by the selling shareholders. A

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