Krishna Institute of Medical Sciences Limited IPO price band, GMP, Allotment, Listing date and Price

Krishna Institute of Medical Sciences Limited IPO details (16 – 18 Jun), (Price: 815-825)

Listing date and Listing Price of Krishna Institute of Medical Sciences Limited IPO:

  1. Krishna Institute of Medical Sciences Limited IPO listed on BSE and NSE exchanges on – Click Here
  2. Listing Price of Krishna Institute of Medical Sciences Limited IPO on NSE – Click Here
  3. Listing Price of Krishna Institute of Medical Sciences Limited IPO on BSE – Click Here

Grey Market premium (GMP) price of Krishna Institute of Medical Sciences Limited IPO :

Grey Market premium (GMP) price of Krishna Institute of Medical Sciences Limited IPO is Rs. 60. Grey Market premium (GMP) of Krishna Institute of Medical Sciences Limited IPO means, unofficially if someone buys or sells his application at a fixed rate irrespective of listing price. (Source : ipowatch.in) Check latest GMP of all IPOs.

Krishna Institute of Medical Sciences Limited IPO Allotment link status on Link Intime:

  1. Check the allotment status of Krishna Institute of Medical Sciences Limited IPO on the below link given by Link Intime.
  2. Krishna Institute of Medical Sciences Limited IPO Allotment Link – https://linkintime.co.in/MIPO/Ipoallotment.html
  3. Krishna Institute of Medical Sciences Limited IPO Allotment link status on Link Intime can be checked by Application No or DP Client ID or PAN.

Krishna Institute of Medical Sciences Limited IPO subscription status details:

QIB (Qualified Institl. Bidders)NIB (Non-institutional Investor)RII (Retail Individual Investor)Employee categoryTotal No. of times applied
No. of shares offered77,22,70838,61,35325,74,2352,54,7771,44,13,073
Day 10.14x0.02x1x0.27x0.27x
Day 20.32x0.09x1.95x0.66x0.56x
Day 35.26x1.89x2.90x1.06x3.86x
Krishna Institute of Medical Sciences Limited IPO subscription status live

Krishna Institute of Medical Sciences Limited IPO highlights:

Krishna Institute of Medical Sciences Limited IPO bid Opens on 16 June 2021, Monday
Krishna Institute of Medical Sciences Limited IPO bid Closes on18 June 2021, Wednesday
Post issue Modification Period19- June -2021 (10.00 A.M. to 11.00 A.M.)
Cut-off time for UPI Mandate Confirmation19- June -2021 (upto 12:00 PM)
Issue type100% Book Building
Krishna Institute of Medical Sciences Limited IPO issue size₹ 2143.74 Cr
Face value of each equity shareRs. 10
Krishna Institute of Medical Sciences Limited IPO Price bandRs.815 to Rs.825 per share
Krishna Institute of Medical Sciences Limited IPO market lot18 equity shares and multiples of 18
Krishna Institute of Medical Sciences Limited IPO minimum order quantity18 equity shares
Pre IPO equity share of promoters of Krishna Institute of Medical Sciences Limited46.81%
Post IPO paid-up equity share of promoters of Krishna Institute of Medical Sciences Limited38.84%
QIB portion reservation in Krishna Institute of Medical Sciences Limited IPO75 %
NIB portion reservation in Krishna Institute of Medical Sciences Limited IPO15 %
Retail portion reservation in Krishna Institute of Medical Sciences Limited IPO10 %
Retail individual bidder can apply in Krishna Institute of Medical Sciences Limited IPOup to 2 lakh (200,000) – Maximum 13 Lot
Retail individual discount in Krishna Institute of Medical Sciences Limited IPONA
Employees can apply in Krishna Institute of Medical Sciences Limited IPOup to 5 lakh (500,000)
Employees Reservation in Krishna Institute of Medical Sciences Limited IPONA
Employees Discount in Krishna Institute of Medical Sciences Limited IPORs. 40 per equity share
Listing of Krishna Institute of Medical Sciences Limited at ExchangesNSE, BSE
Fund raised from Anchor Investors in Pre-IPO of Krishna Institute of Medical Sciences LimitedNA
Registrar of Krishna Institute of Medical Sciences Limited IPO issueLink Intime India Private Limited
Krishna Institute of Medical Sciences Limited IPO highlights

Krishna Institute of Medical Sciences Limited IPO important dates regarding bidding, allotment, listing, refund etc. :

The probable dates regarding bidding, allotment, listing, refund of Krishna Institute of Medical Sciences Limited IPO are mentioned below.

Krishna Institute of Medical Sciences Limited IPO opens on16.06.2021
Krishna Institute of Medical Sciences Limited IPO Closes on18.06.2021
Allotment basis date of Krishna Institute of Medical Sciences Limited IPO23.06.2021
Money refund date of Krishna Institute of Medical Sciences Limited IPO24.06.2021
Shares of Krishna Institute of Medical Sciences Limited in Demat Account25.06.2021
Krishna Institute of Medical Sciences Limited IPO listing date on NSE, BSE28.06.2021
Krishna Institute of Medical Sciences Limited IPO important dates regarding bidding, allotment, listing, refund etc.

How much shares of Krishna Institute of Medical Sciences Limited IPO are being offered?

Type of Issue (Fresh / OFS)No. of Equity shares offeredAmount of Equity shares
Total Issue size₹ 2143.74 Crore
Fresh Issue size₹ 200 Crore
Offer for Sale (OFS)₹  1943.74  Crore
Employee Reservation
No. of Equity shares offered of Krishna Institute of Medical Sciences Limited IPO

Krishna Institute of Medical Sciences Limited financial statements details:

31.03.202131.03.202031.03.2019
(₹ million)(₹ million)(₹ million)
Total Assets14,361.5411,958.9011,197.13
Total Revenue13,401.0211,287.289,238.69
Profit After Tax2,054.791,150.72(488.07)
Krishna Institute of Medical Sciences Limited financial statements details

IPO Red Herring Prospectus (RHP) of Krishna Institute of Medical Sciences Limited:

Click here for IPO RHP of Krishna Institute of Medical Sciences Limited on SEBI website.

Objectives of the Krishna Institute of Medical Sciences Limited IPO Issue: (Source – RHP)

The Offer for Sale

Our Company will not receive any proceeds of the Offer for Sale by the Selling Shareholders. Each of the Selling Shareholders will be entitled to the respective proportion of the proceeds of the Offer for Sale after deducting their portion of the Offer related expenses. Other than the listing fees for the Offer and expense on account of corporate advertisements of our Company which shall be solely borne by the Company, all cost, fees and expenses in respect of the Offer will be shared amongst our Company and the Selling Shareholders, respectively, in proportion to the proceeds received for the Fresh Issue and their respective portion of Offered Shares, as may be applicable, upon the successful completion of the Offer.

The Fresh Issue

Our Company proposes to utilise the funds which are being raised through the Fresh Issue, up to ₹ 2,000.00 million, after deducting the Offer related expenses to the extent payable by our Company with respect to the Fresh Issue, towards funding the following objects (collectively, referred to herein as the “Objects”):

1. repayment/pre-payment, in full or part, of certain borrowings availed by our Company and by our Subsidiaries viz KHKPL, SIMSPL and KHEPL; and

2. general corporate purposes.

Business of Krishna Institute of Medical Sciences Limited: (Source – RHP)

We are one of the largest corporate healthcare groups in AP and Telangana in terms of number of patients treated and treatments offered, according to the CRISIL Report commissioned by us. We provide multi-disciplinary integrated healthcare services, with a focus on primary secondary & tertiary care in Tier 2-3 cities and primary, secondary, tertiary and quaternary healthcare in Tier 1 cities. We operate 9 multi-specialty hospitals under the “KIMS Hospitals” brand, with an aggregate bed capacity of 3,064, including over 2,500 operational beds as of March 31, 2021, which is 2.2 times more beds than the second largest provider in AP and Telangana, according to the CRISIL Report commissioned by us. We offer a comprehensive range of healthcare services across over 25 specialties and super specialties, including cardiac sciences, oncology, neurosciences, gastric sciences, orthopaedics, organ transplantation, renal sciences and mother & child care.

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