ipo

Gujarat Kidney IPO Day 2: Issue sees 2.6x subscription, QIB demand remains weak—Here’s what to know

The company plans to use a part of the funds for the proposed acquisition of Parekhs Hospital in Ahmedabad and for making part-payment towards the already acquired Ashwini Medical Centre. The company also intends to establish a new hospital in Vadodara and acquire robotics equipment for the facility.