Hyderabad, July 26 -- Nephrocare Health Services Limited, Asia's largest dialysis services provider and fifth largest globally (in terms of number of treatments performed in Fiscal 2025) (as per a F&S report), has filed the draft red herring prospectus (DRHP) with capital markets regulator SEBI to raise Rs 353.4 crores through an initial public offering (IPO).
Hyderabad-based company proposes to utilise the Net Proceeds of the Fresh Issue towards capital expenditure to the tune of Rs. 129.1 crores for opening new dialysis clinics in India; Rs 136 crores for pre-payment or scheduled repayment of certain borrowings availed by the company; and the rest for general corporate purposes.
The company, in consultation with the BRLMs, may consider ...