Gujarat Kidney IPO Closes Strong: Retail Subscribes 16x, GMP Dips

• Gujarat Kidney and Super Speciality IPO closes today, December 24, with significant investor interest.
• Retail portion subscribed 16 times; overall IPO over 4 times by 1:30 PM on final day.
• ₹250.80 crore fresh issue to fund Parekh Hospital acquisition, new Vadodara hospital, and robotic equipment.
• Company operates 7 hospitals and 4 pharmacies in Gujarat.
• Grey Market Premium (GMP) has declined to near zero, suggesting a flat or marginal listing gain.

Why It Matters: Gujarat Kidney IPO sees massive retail subscription but declining GMP hints at flat listing.