Nephrocare Health Services IPO 36% subscribed on Day 2

• Nephrocare Health Services IPO subscribed 36% on day 2 of share sale.
• The Rs 871-crore IPO received bids for 48,58,496 shares against 1,33,87,854 on offer.
• Retail investors subscribed 45%, Qualified Institutional Buyers 30%, and Non-Institutional Investors 22%.
• The IPO, with a price band of Rs 438-460 per share, concludes on December 12.
• Funds will be used for new dialysis clinics (Rs 129.1 cr) and debt payment (Rs 136 cr).

Why It Matters: This IPO reflects investor confidence in the healthcare sector.