The Gaudium IVF Women Health IPO is set to open in February 2026, marking a significant milestone in India’s evolving fertility and reproductive healthcare space. The Gaudium IVF IPO brings focus to the fast-growing IVF and women health segment under the formal regulatory framework of the ART Act 2021.
Gaudium IVF and Women Health Limited is a Delhi NCR-based fertility chain offering advanced assisted reproductive technology, including In Vitro Fertilization (IVF), Intracytoplasmic Sperm Injection (ICSI), Intrauterine Insemination (IUI), and ovulation induction.
With a strong hub-and-spoke model, growing financial performance, and expansion into underserved regions, the IVF women health IPO is attracting attention from retail investors and healthcare-focused investors alike.
Gaudium IVF Women Health IPO – IPO Details
| Particulars | Details |
|---|---|
| IPO Date | 20 to 24 Feb, 2026 |
| Listing Date | Fri, Feb 27, 2026 |
| Face Value | ₹5 per equity share |
| Price Band | ₹75 to ₹79 |
| Issue Price (Upper Band) | ₹79 |
| Lot Size | 189 Shares |
| Minimum Order Quantity | 189 Shares |
| Minimum Investment | ₹14,175 |
| Issue Type | Bookbuilding IPO |
| Sale Type | Fresh Issue & OFS |
| Total Issue Size | ₹165 Crores |
| Fresh Issue | ₹90 Crores |
| Offer for Sale | ₹75 Crores |
| Net Issue | Public Issue Component |
| Listing At | BSE, NSE |
| Lead Manager | Sarthi Capital Advisors Pvt Ltd |
| IPO Registrar | Bigshare Services Pvt Ltd |
The Gaudium IVF IPO opens during the subscription period from February 20 to February 24, 2026.
Registrar: Bigshare Services
Lead Manager: Sarthi Capital Advisors
Retail investors must review the company website and offer documents carefully.
IPO Timetable (Subscription Period & Key Dates)
| Event | Date |
|---|---|
| IPO Opens | Fri, Feb 20, 2026 |
| IPO Closes | Tue, Feb 24, 2026 |
| Allotment | Wed, Feb 25, 2026 |
| Refund | Wed, Feb 25, 2026 |
| Credit of Shares to Demat Account | Thu, Feb 26, 2026 |
| Listing | Fri, Feb 27, 2026 |
The tentative listing date for the health IPO is February 27, 2026.
Gaudium IVF and Women – Company Overview
Gaudium IVF and Women Health Limited provides reproductive healthcare services across India. The company specializes in:
IVF treatments
Intracytoplasmic sperm injection
Intrauterine insemination
Ovulation induction
Advanced sperm retrieval techniques
High risk pregnancy management
The company operates over thirty locations including:
Seven hubs (central hubs)
Twenty-eight spokes
Major hubs are located in:
New Delhi (Kailash Colony, Janak Puri)
Khar West (Mumbai)
Other multiple states across India
The hub-and-spoke model allows advanced procedures like ICSI and vitro fertilisation to be conducted at central hubs, while spoke centres manage consultations and follow-ups.
Gaudium IVF serves patients from various countries including:
United States
United Kingdom
Canada
Kenya
South Africa
Oman
This gives the company growing international exposure in the IVF market.
IVF and Women Health – Business Model
The business model of Gaudium IVF women health revolves around a structured hub-and-spoke system:
Central hubs perform advanced procedures.
Spokes handle patient screening, consultations, and follow-up.
Standardized operating procedures reduce practitioner dependency.
The company operates in the rapidly expanding IVF market in India. Rising infertility awareness, delayed parenthood, and improved access to reproductive healthcare services are driving demand.
Expansion Strategy:
Establish 19 new IVF centers across India.
Target underserved regions.
Improve accessibility to high-quality IVF treatments.
Expand pan India presence.
Additionally, the company plans to enter the FMCG space through EKK Global, launching mother-and-child wellness products.
Gaudium IVF IPO Opens – Objectives of the Issue
The fresh issue proceeds from the Gaudium IVF Women Health IPO will be used for:
₹20 crore for repayment or pre-payment of certain outstanding loans.
Capital expenditure for new IVF centers.
Purchase of advanced medical equipment.
General corporate purposes.
The IPO strengthens the company’s financial position and supports expansion across multiple states in India.
Gaudium IVF Women – Financial Performance
Financial Performance (₹ Crore)
| Period Ended | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 106.62 | 88.51 | 51.01 | 36.63 |
| Total Income | 49.75 | 70.96 | 48.15 | 44.26 |
| Profit After Tax | 12.51 | 19.13 | 10.32 | 13.53 |
| EBITDA | 18.95 | 28.63 | 19.27 | 20.07 |
| Net Worth | 58.85 | 46.30 | 26.99 | 22.73 |
| Total Borrowing | 22.51 | 18.93 | 15.73 | 9.78 |
Key Highlights:
Revenue increased from ₹44.24 crore (FY23) to ₹70.72 crore (FY25).
PAT increased 85.39% YoY in FY25.
3,476 IVF treatment cycles performed in FY25.
Strong growth in patient engagement during H1FY26.
The company operates with improving profitability and steady financial performance in the women health sector.
Allotment & Listing – Health IPO
The Gaudium IVF IPO date runs from February 20 to February 24, 2026.
Allotment Date: February 25, 2026
Listing Date: February 27, 2026
Upper Price Band: ₹79
Issue Price within ₹75–₹79 range
Shares will be credited to the investor’s demat account before listing.
How to Apply – Demat Account Process
To apply for the Gaudium IVF Women Health IPO:
Ensure active Tradejini demat account
Link bank account for UPI authorization.
Apply via CubePlus platform when IPO opens.
Select cut-off or bid price within price band.
Authorize payment
Business Expansion & Future Outlook
Gaudium IVF Women Health aims to:
Expand new IVF centers.
Increase pan India presence.
Strengthen reproductive health services.
Formalize fertility treatment under ART Act compliance.
Improve accessibility in underserved regions.
The structured hub-and-spoke model enables operational scalability while maintaining standardized medical quality.
Conclusion – Should Investors Consider This Health IPO?
The Gaudium IVF Women Health IPO offers exposure to India’s expanding fertility and assisted reproductive technology market.
Strengths:
Strong revenue growth
Improving profitability
Structured hub-and-spoke model
Expansion into 19 new IVF centers
Rising IVF market demand
Risks:
Healthcare regulation
Competitive IVF market
Dependence on medical specialists
Outstanding loans
For investors seeking healthcare and women health exposure, this IVF IPO presents a growing niche opportunity.

