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Gaudium IVF and Women Health IPO – Live GMP, Review & Analysis

Gaudium IVF and Women Health IPO GMP Today - ₹-4 (-5.06%)

Last updated: 27-02-2026 10:00 AM

Grey Market Premium Analysis

As of today, the latest Grey Market Premium (GMP) for Gaudium IVF and Women Health IPO is -4. Considering the upper price band of 79, the estimated listing price is 75 (Cap Price + GMP). This indicates a listing gain of -5.1% per share. The GMP trend has been Down over the last 3 days.

GMP Trend Analysis

DateGMP PriceEst. Listing GainTrend
27-02-2026-4₹-756
Neutral
26-02-2026-4₹-756
Down
25-02-20260₹0
Down
24-02-20265₹945
Down
23-02-20268.5₹1,606.5
Up
22-02-20268₹1,512
Neutral
21-02-20268₹1,512
Neutral
20-02-20268₹1,512
Down
19-02-202610₹1,890
Neutral
18-02-202610₹1,890
Neutral
17-02-202610₹1,890
Neutral

Gaudium IVF and Women Health IPO Date, Price Band & Lot Size

Price Band

₹75-79

Lot Size

189 shares

Cutoff Investment

14931

Promoter Holding

Pre-IPO: 99.98%
Post-IPO: 71.30%

Open

Feb 20, 2026

Close

Feb 24, 2026

Allotment Date

Feb 25, 2026

Listing Date

Feb 27, 2026

Issue Size

165

Gaudium IVF and Women Health IPO Review: Business Model

Gaudium IVF and Women Health Limited operates as a specialized healthcare provider focused on assisted reproductive technology (ART) and comprehensive women’s health solutions. The organization addresses infertility challenges through a wide array of medical interventions designed to assist individuals and couples in their journey toward parenthood. The company functions on a scalable "hub-and-spoke" operational model, which allows it to balance high-end clinical capabilities with broad geograp...

*This section provides a detailed description of Gaudium IVF and Women Health IPO's business operations and market position.

Gaudium IVF and Women Health IPO Financial: Revenue, Profit & Margins

Key financial metrics over recent years.

*Values in Cr

46
FY23
58
FY24
71
FY25

Revenue

₹71 Cr

Net Profit

₹19 Cr

EBITDA

₹28 Cr

ROE

41.71%

ROCE

53.68%

Debt/Equity

0.19x

PAT Margin

27.05%

Peer Comparison

Healthcare Services (Specialized & Multi-Specialty)FY25

CompanyRevenue (₹ Cr)PAT (₹ Cr)EBITDA MarginP/EMarket Cap (₹ Cr)Comment
Gaudium IVF and Women Health Limited (IPO Company)
IPO Company
711940.8%22.99575Specialized player focused exclusively on Assisted Reproductive Technology (ART) and women's health with a scalable hub-and-spoke model.
Rainbow Children's Medicare Ltd
1,54423834.8%54.0012,850Leading pediatric and maternity healthcare chain with a significant and growing fertility (IVF) vertical.
Jupiter Life Line Hospitals Ltd
1,26219423.5%41.808,078Multi-specialty tertiary care provider with a strong regional presence in Western India, similar to Gaudium's expansion markets.
Krishna Institute of Medical Sciences (KIMS)
3,03538525.8%71.1027,385Large-scale corporate hospital chain operating a high-volume model with comparable regional operational dynamics.

Analysis & Interpretation

Gaudium IVF operates in a niche, high-margin segment compared to multi-specialty peers, which is reflected in its superior EBITDA margins relative to revenue. While peers like Rainbow and KIMS have significantly larger scale and revenue bases, Gaudium's specialized low-capex model allows for different profitability metrics. The IPO valuation appears to be at a discount to these established sector leaders in terms of P/E ratio, though the peers command a scarcity premium due to their size and track record.

Note: The peer group includes large multi-specialty and pediatric hospital chains as there are limited direct listed pure-play IVF peers in India. Financials are for FY25 to provide the most recent comparable data.

Source: Red Herring Prospectus (RHP) and Company Annual Financial Results (FY25).

This peer comparison is for informational purposes only and is based on publicly available financial data. It does not constitute investment advice or a recommendation to buy or sell any security.

IPO Objectives (Use of Funds)

  • Capital Expenditure

    ₹50.00 Cr(-)

    Funding the establishment of 19 new IVF centers to expand the company's network across India.

  • Debt Repayment

    ₹20.00 Cr(-)

    Repayment or prepayment, in full or part, of certain outstanding borrowings availed by the company.

  • General Corporate Purposes

    Variable(-)

    To be utilized for general business requirements, subject to applicable regulatory limits.

Note: The Company will not receive any proceeds from the Offer for Sale (OFS component). Entire OFS proceeds will be received by the Selling Shareholder.

Source: Red Herring Prospectus (RHP)

For informational purposes only. Amounts are estimates and subject to final issue price.

Anchor Investor List & Allocation Details

Key institutional investors who subscribed to the IPO prior to opening.

Investor NameCategoryShares AllocatedAmount (Cr)
MERU Investment Fund PCC-CELLFPI21,51,899₹17.00 Cr
Sanshi Fund IFPI15,82,278₹12.50 Cr
Hornbill Orchid India FundFPI12,65,822₹10.00 Cr
Carnelian India Multi Strategy FundAIF12,65,822₹10.00 Cr

SWOT Analysis (Pros & Cons)

Comprehensive analysis of Strengths, Weaknesses, Opportunities, and Threats.

Strengths

  • Operates scalable hub-and-spoke model with 35 centers across India
  • Integrated revenue streams from fertility treatments and in-house pharmacy
  • Consistent financial performance with ₹12.50 crore profit for recent period
  • Established clinical success rates of 58.74% in latest reporting period

Weaknesses

  • High employee attrition rate reported at 31% in recent period
  • Significant operational reliance on Promoter and limited embryology staff
  • Outstanding litigation regarding tax proceedings and consumer complaints

Opportunities

  • Plan to establish 19 new IVF centers using IPO proceeds
  • Growing demand for ART services due to declining fertility rates
  • Expansion of specialized male infertility and women's health services

Threats

  • Stringent compliance requirements under ART Act and PCNDT Act
  • Contingent liabilities of approximately ₹44.99 crore impacting financial stability
  • Reputational risks linked to clinical outcomes and success rates

IPO Video Analysis (External)

Detailed analysis of Gaudium IVF and Women Health IPO Analysis by market experts.

*Video embedded for convenience. Click the play button to load the content from YouTube.

Disclaimer: This video is shared for informational and educational purposes only. The views expressed are those of the respective creator and do not constitute investment advice.

Frequently Asked Questions

The Gaudium IVF and Women Health IPO opens for subscription on Feb 20, 2026 and closes on Feb 24, 2026. Investors can bid during this period between 10 AM to 5 PM.

The price band is set at ₹75-79 per share. Retail investors need to apply for a minimum of 1 Lot, which contains 189 shares, amounting to 14931.

As of the latest update, the Grey Market Premium (GMP) for Gaudium IVF and Women Health IPO is trading around ₹-4. This indicates an estimated listing gain of 5.06% over the issue price.

The shares are proposed to be listed on Feb 27, 2026 on both BSE and NSE mainboard exchanges. The trading will commence at 10:00 AM on the listing day.

Gaudium IVF and Women Health IPO operates in the General Market sector. You can check the detailed Valuation Analysis, SWOT Report, and Financial Metrics (Revenue/Profit) provided above on this page to make an informed decision based on your risk appetite.

The registrar for Gaudium IVF and Women Health IPO is yet to be announced. Once announced, the registrar will be responsible for the allotment process and refund initiation.

Community Discussion

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