The Initial Public Offering (IPO) of Dr. Agarwal's Health Care Limited will open on Wednesday, January 29, 2025. The price band for the IPO has been fixed at Rs 382 to Rs 402 per share. This IPO is a fresh issue of equity shares worth Rs 300 crore by the company and an offer for sale of 6.95 crore equity shares by promoters and investors.

Agarwal's Healthcare Limited, a trusted brand in the eyecare services industry, is India's largest eyecare services chain by revenue from operations for FY24 as per CRISIL MI&A report. IPO Details The company's initial public offering will open for subscription on Wednesday, January 29, 2025, and close on Friday, January 31, 2025. Investors can bid for a minimum of 35 equity shares and in multiples of 35 equity shares thereafter. The employee reservation portion in the issue is up to 1,579,399 equity shares and the shareholders' reservation portion is up to 1,129,574 equity shares. According to the draft papers, Dr Agarwal's Healthcare will use Rs 195 crore of the net fresh issue proceeds to repay its debt, and the rest for general corporate purposes and organic growth.