Gujarat Kidney IPO Fully Subscribed on Day 1; Retail Portion Booked 5x

• Gujarat Kidney and Super Speciality IPO fully subscribed 1.47 times on its opening day, December 22.
• Retail investors showed strong interest, subscribing their reserved portion nearly 5 times (470%).
• The Rs 251-crore IPO has a price band of Rs 108-114 per share, with listing expected on December 30.
• Grey Market Premium (GMP) currently stands at 2.63% premium, a decrease from previous days.
• Proceeds will fund acquisitions (Parekhs Hospital, Ashwini Medical Centre, Harmony Medicare), a new Vadodara hospital, and equipment.

Why It Matters: Gujarat Kidney IPO saw strong demand on Day 1, especially from retail investors, despite falling GMP.