Nephrocare Health Services' Rs 871-cr IPO subscribed 13.96 times

• Nephrocare Health Services' Rs 871-crore IPO was subscribed 13.96 times on its closing day.
• The IPO received bids for over 18.68 crore shares against 1.33 crore shares on offer.
• QIBs' portion was subscribed 27.47 times, non-institutional investors 24.27 times, and RIIs 2.31 times.
• The IPO includes a fresh issue of Rs 353.4 crore and an Offer For Sale of Rs 517.6 crore, with a price band of Rs 438-460 per share.
• Proceeds from the fresh issue will fund new dialysis clinics, debt repayment, and general corporate purposes.

Why It Matters: Strong investor demand for Nephrocare Health Services' IPO signals market confidence.