Gaudium IVF IPO: Key Details for Investors

Gaudium IVF and Women Health Ltd. Commenced its initial public offering (IPO) today, February 20, 2026, aiming to raise Rs 165 crore from the primary market. The New Delhi-based In Vitro Fertilisation (IVF) treatment provider is the first fertility care company in India to tap the public markets.

Gaudium IVF IPO: GMP and Listing Expectations

As of February 20, 2026, the grey market premium (GMP) for the Gaudium IVF IPO stands at Rs 8.5 per share, according to InvestorGain . Based on the upper limit of the IPO price band of Rs 79 per share, this suggests a potential listing price of approximately Rs 87.5 apiece, indicating a possible listing gain of around 10.76% per share. It’s important to note that GMP is based on speculation and does not represent official data.

IPO Offer Size and Price Band

The Gaudium IVF IPO comprises a fresh issue of 1.14 crore shares, amounting to Rs 90 crore, and an offer-for-sale (OFS) of 95 lakh shares, aggregating to Rs 75 crore . The price band for the issue has been fixed at Rs 75 to Rs 79 per share .

Investment Details

The lot size for the IPO is 189 shares. Minimum investment amounts are as follows:

• Retail Investors: At least one lot (189 shares) – Rs 14,931 (at the upper price band of Rs 79 per share)
• Small Non-Institutional Investors (NIIs): At least 14 lots (2,646 shares) – Rs 2,09,034
• Big NIIs: At least 67 lots (12,663 shares) – Rs 10,00,377

Important Dates

• IPO Closes: February 24, 2026
• Allotment Finalisation: February 25, 2026
• Refunds (if any): February 25, 2026
• Shares Credited to Demat Accounts: February 26, 2026
• Listing Date: February 27, 2026 (tentative)

The shares will be listed on both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE).

IPO Managers

Sarthi Capital Advisors Pvt. Ltd. Is the book running lead manager for the IPO, and Bigshare Services Pvt. Ltd. Is serving as the registrar .

Use of IPO Funds

Gaudium IVF intends to utilize the funds raised through the IPO for capital expenditure towards establishing new IVF centres, repayment of existing debts, and for general corporate purposes .

About Gaudium IVF

Incorporated in 2015, Gaudium IVF and Women Health is a provider of fertility services, currently operating across 30 locations in India . The company operates in partnership with infertility experts and runs centres in Delhi, Mumbai, Ludhiana, Srinagar, Patna, and Bengaluru.

Disclaimer: Investments in initial public offerings are subject to market risks. Please consult with financial advisors and carefully read the red herring prospectus before making any investment decisions.