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Gaudium IVF IPO Opens Feb 20; Issue Structured Under Book Building Process

Gaudium IVF IPO Opens Feb 20; Issue Structured Under Book Building Process

Gaudium IVF and Women Health Limited has fixed February 20 as the opening date of its IPO under the book building process in accordance with SEBI ICDR Regulations.

The price band is ₹75 to ₹79 per equity share. The offer includes a fresh issue of up to 1,13,92,500 shares and an OFS of up to 94,93,700 shares by the promoter.

The anchor investor portion will open and close on February 18. Up to 60% of the QIB portion may be allocated to anchor investors on a discretionary basis. Not less than 15% of the offer is reserved for non-institutional bidders and not less than 35% for retail individual bidders, subject to valid bids at or above the offer price.

All bidders, except anchor investors, must apply through the ASBA process.

The shares are proposed to be listed on BSE and NSE, with NSE as the designated stock exchange. Sarthi Capital Advisors Private Limited is the sole BRLM.