Gaudium IVF & Women Health Ltd. (Mainboard)

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Gaudium IVF & Women Health

February 20, 2026 – February 24, 2026

Price ₹75 - ₹79
GMP Rumors * ₹8
Lot size 189
Issue size ₹165.00 cr
Allotment Feb 25, 2026
Listing Feb 27, 2026


Gaudium IVF & Women Health Subscription

Last updated on 20-Feb-2026 19:59:06

CategoryOfferedAppliedTimes
QIBs417724026460
HNIs313293028518210.91
 HNIs 10+208862011294640.54
 HNIs 2+104431017223571.65
Retail7310170104231611.43
Total14620340132776280.91
Application-Wise Breakup (Approx. no. of Apps)img
CategoryReservedAppliedTimes
HNIs (10L+)789860.11
HNIs (2-10L)3955931.5
Retail38678424831.1
Total Applications: 43162
© IPO Premium
Subscription Demand (in ₹ crore)
CategoryOfferedDemandTimes
QIBs330.020
FIIs-0-
DIIs-0-
Mutual funds-0-
Others-0.02-
HNIs24.7522.530.91
HNIs 10+16.58.920.54
HNIs 2+8.2513.611.65
Retail57.7582.341.43
Total115.5104.890.91

Gaudium IVF & Women Health Lot(s) Distribution

Category Lot(s) Qty Amount Reserved
Retail 1 189 14931 38678
sHNI 14 2646 209034 395
bHNI 67 12663 1000377 789

Gaudium IVF & Women Health Reservation

Category Shares Offered %
Anchor 6265860 30%
QIB 4177240 20%
HNI 3132930 15%
Retail 7310170 35%
Total 20886200 100%

Gaudium IVF & Women Health About

IPO Details
Total Issue Size2,08,86,200  shares (aggregating up to ₹165.00 Cr)
Fresh Issue1,13,92,500  shares (aggregating up to ₹90.00 Cr)
Offer For Sale 94,93,700  shares (aggregating up to ₹75.00 Cr)
Face Value₹5/- Per Share
Issue TypeBookbuilding IPO
Listing AtNSE,BSE
Share Holding Pre Issue6,13,94,384 shares
Share Holding Post Issue7,27,86,884 shares
Key Performance Indicators (KPI)
KPISep-25Mar-25Mar-24Mar-23
ROE21.25%41.31%38.23%59.51%
ROCE21.03%39.37%38.74%54.40%
EPS (BASIC)2.043.121.682.20
P/E Pre IPO25.36
P/E Post IPO22.99
Company Financial (In ₹Crore) 
Period EndedSep-25Mar-25Mar-24Mar-23
Assets106.6288.5151.0136.63
Total Income49.7570.9648.1544.26
Profit After Tax12.5119.1310.3213.53
EBITDA18.9528.6319.2720.07
NET Worth58.8546.326.9922.73
Reserves and Surplus28.1615.62621.74
Total Borrowing22.5118.9315.739.78
Peer Comparison (Valuation)
CompanyP/E (x)CMP*(₹)Face value *(₹)
Gaudium IVF and Women Health Limited25.3679.005.00
Progyny Inc41.562099.98$0.0001
Inspire IVF Public Company Limited11.431.99THB 0.05
SOURCE:RHP, Financials of company are based on restated financial statement for fiscal 2025, Financials of peers are based on fiscal 2024 and currency conversion rate is as on December 31, 2024. Closing price of Progyny Inc. was taken from NASDAQ and closing price of Inspire IVF Public Company Limited was taken from The Stock exchange of Thailand as on January 17, 2025 respectively, converted to Indian rupee based on exchange rate of $/₹ of 80.6232 as on December 31, 2024 and THB/₹2.4878 as on December 31, 2024 respectively.

Peer Comparison (Financial Performance)
CompanyNAV/Share (₹)RoNW (%)EPS (Basic) (₹)
Gaudium IVF and Women Health Limited7.5441.713.12
Progyny Inc394.2012.9050.52
Inspire IVF Public Company Limited4.343.970.17

About Company

Incorporated in March 2015, Gaudium IVF and Women Health Limited is engaged in providing In Vitro Fertilization (IVF) and women’s healthcare services across India through a hub-and-spoke model.

The company operates over 30 locations, including 7 hub centres and 28 spoke centres, expanding its reach through a strategic alliance with infertility experts to promote awareness of ART and IVF treatments.

It caters to both domestic and international patients from countries such as Canada, the UK, the USA, Kenya, South Africa, and Oman.

Centres are located in key cities including Delhi (Janakpuri & Kailash Colony), Mumbai (Khar West), Ludhiana, Srinagar, Patna, and Bangalore.

The company offers specialized fertility services such as IVF, ICSI, IUI, ovulation induction, egg freezing, laser-assisted embryo implantation, along with treatment for PCOD/PCOS, endometriosis, high-risk pregnancy management, and advanced male infertility procedures.

Facilities are equipped with next-generation INTEGRA Ti labs for advanced ICSI procedures.

Strength

Patient-Centric Pricing Approach: The Company adopts package-based treatments, bundled services, and installment schemes to make fertility care affordable for middle-income groups. Transparent pricing and flexible financing options enhance patient trust and expand the customer base.

Strong Brand Positioning & Trust Creation: The Company focuses on awareness campaigns, patient education, and testimonials to reduce stigma and strengthen its brand credibility. Accreditation from recognized medical associations and adherence to ethical practices further enhance reputation and reliability.

Focus on Medical Tourism: Leveraging India’s cost advantage, the Company attracts international patients through multilingual support, concierge services, and global collaborations. Strategic tie-ups with overseas agencies and hospitals support a steady inflow of foreign patients.

Weakness

Operational & Medical Risks in Fertility Services: The Company operates in fertility treatments such as IVF, IUI, ICSI, and egg freezing, which involve medical, operational, legal, and reputational risks. Any failure to maintain quality healthcare standards could adversely affect its reputation, business prospects, and financial performance.

Related Party Transactions & Potential Conflicts: The Company has entered into and may continue to enter into related party transactions, including loans, advances, and guarantees. Such arrangements may give rise to potential conflicts of interest.

Dependence on Limited Embryologists: The Company’s operations across seven centers rely heavily on five embryologists. Any inability to retain or attract qualified embryologists could adversely impact operations, financial condition, and growth.

Gaudium IVF & Women Health Lead Manager(s)

Gaudium IVF & Women Health Address

Gaudium IVF & Women Health Ltd.
Address
B1/51,
Janak Puri,
B-1,New Delhi, New Delhi, 110058
011-4885 8585
E-Mail: compliance@gaudiumivfcentre.com
Website:https://www.gaudiumivfcentre.com/

Gaudium IVF & Women Health Registrar

Bigshare Services Pvt Ltd
Address: Bigshare Services Pvt Ltd 1st Floor, Bharat Tin Works Building, Opp. Vasant Oasis,Makwana Road, Marol, Andheri(E), Mumbai - 400 059

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