New Delhi, Dec. 16 -- Gujarat Kidney & Super Speciality is all set to launch its initial public offering (IPO) on December 22. The mainboard IPO will remain open till December 24.

The healthcare company has announced the price band for its upcoming IPO. Gujarat Kidney & Super Speciality IPO has fixed the IPO price band at Rs.108 to Rs.114, with a face value of Rs.2 per share.

The Rs.250.8 crore IPO consists entirely of a fresh issue of 2.20 crore shares, with no offer-for-sale component.

The funds raised will be utilised for acquiring Parekhs Hospital Private Limited in Ahmedabad, making a partial payment for the already acquired Ashwini Medical Centre, increasing the company's stake in its subsidiary Harmony Medicare Pvt Ltd in Bharuc...