Gaudium IVF Lists at 5% Premium, Beats Grey Market Estimates
Positive Debut Gaudium IVF shares opened at ₹83 on BSE and NSE, 5% premium over ₹79 issue price. Investors gained ₹756 per lot (189 shares).
Beat Expectations:
Listing surprised markets as grey market showed zero premium ahead of debut. Stock later surged 10.31% to ₹87.15 intraday high.
Strong Subscription:
IPO oversubscribed 7.27 times. Raised ₹165 crore through ₹90 crore fresh issue and ₹75 crore OFS at ₹75-79 band.
Anchor Support:
MobiliSed ₹49.5 crore from anchor investors pre-IPO. Allotment finalized Feb 25. Market cap now stands at ₹585.93 crore post-listing.
India's First Listed IVF Player:
Operates 30+ locations via hub-spoke model across 7 states. FY25 revenue ₹70.96 crore, profit ₹19.13 crore. Brokerage recommends long-term subscription.