Gujarat Kidney IPO fully subscribed on opening day led by strong retail demand

Gujarat Kidney and Super Speciality Hospital’s initial public offering was fully subscribed on its first day of bidding on December 22, reflecting healthy investor interest. The ₹250.80 crore IPO was booked 1.47 times overall, with bids for about 1.95 crore shares against an offer size of 1.32 crore shares, as per NSE data. Retail investors drove demand, subscribing their portion nearly five times, while non-institutional investors booked almost twice their allocation. Qualified institutional buyers showed modest participation at 34 percent. Ahead of listing, grey market premium cooled to around 2.6 percent, indicating tempered expectations.