Nephrocare Health Services IPO Day 2: 36% subscribed, GMP Rs 20

• Nephrocare Health Services IPO subscribed 36% on its second day (December 11).
• The Rs 871-crore IPO has a price band of Rs 438-460 per share and closes on December 12.
• The IPO comprises a fresh issue of Rs 353.4 crore and an Offer For Sale of Rs 517.6 crore.
• Funds from the fresh issue will be used for new dialysis clinics and debt payment.
• The company, known as NephroPlus, operates 519 clinics globally and is expected to list on December 17.

Why It Matters: It informs investors about Nephrocare Health Services IPO demand and potential returns.