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Nephrocare Health Services Ltd.'s initial public offer has entered its second day of bidding on Thursday. The book building offer was subscribed 12% on its launch day on Wednesday.

The IPO is a book-building issue worth Rs 871.05 crore. The IPO is a combination of fresh issue of 77 lakh shares, worth Rs 353.4 crore and an offer-for-sale (OFS) of 1.13 crore shares, aggregating to Rs 517.64 crore.

The Nephrocare Health IPO price band has been set between Rs 438 and Rs 460 per share. The IPO lot size consists of 32 shares. The retail investors need to apply for at least a single lot size, amounting to a minimum investment of Rs 14,720 based on the upper price band per application.

Incorporated in 2010, Nep

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