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Strong Retail Push Lifts Gujarat Kidney IPO to Nearly Four-Times Subscription on Closing Day
Gujarat Kidney IPO wrapped up with nearly four-times subscription, driven mainly by retail investors, reflecting steady confidence in the healthcare provider’s expansion-led growth plans.
The initial public offering of Gujarat Kidney and Super Speciality closed on Wednesday, December 24, with healthy demand led primarily by retail investors. By mid-day, the issue had attracted bids for about 49.16 million shares against an offer size of 13.22 million shares, translating into an overall subscription of roughly 3.7 times. The steady inflow highlights investor interest in healthcare focused businesses with regional expansion plans.