NephroPlus information DRHP, to lift 353.4 cr contemporary capital from IPO

The IPO proposed by the Hyderabad primarily based firm might be a mixture of a contemporary problem of fairness shares aggregating as much as ₹353.4 crore and a suggestion on the market (OFS) of almost 1.28 crore fairness shares by the promoting shareholders.

The firm proposes to utilise the online proceeds of the contemporary problem in direction of capital expenditure of ₹129.1 crore for opening new dialysis clinics in India; ₹136 crore for pre-payment or scheduled reimbursement of sure borrowings availed by the corporate and relaxation on basic company functions.

Incorporated in 2009, it’s the largest organised dialysis service community in India, having 447 clinics throughout 269 cities in 21 States and 4 Union Territories . It can also be current in Philippines, Uzbekistan, Nepal and lately entered the Middle East market by means of Saudi Arabia.

The firm might take into account a pre-IPO placement for upto ₹70.6 crore. Vikram Vuppala, BVP (Bessemer Venture Partners) Trust, Edoras Investment Holdings Pte., Healthcare Parent (HPL), Investcorp Private Equity Fund II (IPEF II) and Investcorp Growth Opportunity Fund (IGOF) are promoters of the corporate.

In FY25, NephroPlus reported income from operations of ₹755.8 crore and revenue after tax of ₹67 crore.