New Delhi, Dec. 9 -- Nephrocare Health Services Ltd. (NHSL) initial public offering (IPO) is set to open for subscription on Wednesday, December 10, and will remain open until Friday, December 12.

The company is looking to raise Rs.871.05 crore from the issue, comprising a fresh issue of 0.77 crore shares aggregating to Rs.353.40 crore and an offer for sale of 1.13 crore shares aggregating to Rs.517.64 crore.

Of the total issue size, 75% has been reserved for Qualified Institutional Buyers (QIBs), 15% for Non-Institutional Investors (NIIs), and 10% for Retail Investors.

The price band has been fixed at Rs.438- Rs.460 per share, with a lot size of 32 shares, requiring a minimum investment of Rs.14,720 for retail investors. The mainboard...