Krsnaa Diagnostics Limited IPO
MainboardHospital & Healthcare
Listed On: Aug 16, 2021 at ₹ 1005.55(NSE)
₹ 14310 /15 Shares
Check Allotment04 Aug, 2021
Open Date06 Aug, 2021
Close Date12 Aug, 2021
Allotment Date16 Aug, 2021
Listing DatePrice Summary
Last Closing
715.60 (-24.99%)52 Week High
970.0052 Week Low
625.75Last Update
19-Dec-2025 3:30 PMIPO Issue Details
- Issue Price ₹933-954 per equity share
- Face Value ₹5 Per Equity Share
- Issue Price Total 1211.38 Crores: Fresh Issue: 400 Cr + Offer for Sale: 8,525,520 Shares
- Listing at BSE, NSE
- List Price 1005.55(NSE)
- Listing Date 2021-08-16
- Lead Manager DAM Capital Advisors Ltd (Formerly IDFC Securities Ltd), Equirus Capital Private Limited, IIFL Holdings Limited, JM Financial Consultants Private Limited
- Registrar KFintech Private Limited
IPO Details
- Retail Portion 10%
IPO Details
The IPO of is priced at ₹933-954 per equity share, which has a face value of ₹5 Per Equity Share each, IPO bidding starts from Aug 4, 2021 and ends on Aug 6, 2021. The allotment for IPO will be finalized on Aug 12, 2021. IPO will be listed on BSE, NSE, with a tentative listing date fixed as Aug 16, 2021. The company shall list its equity shares on the BSE, NSE. KFintech Private Limited is the registrar of the issue.
The book-running lead manager for the IPO is/are DAM Capital Advisors Ltd (Formerly IDFC Securities Ltd), Equirus Capital Private Limited, IIFL Holdings Limited, JM Financial Consultants Private Limited.
The IPO sets its price band at 933-954 for each share. A single application for Krsnaa Diagnostics Limited IPO must contain at least 15 shares.
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IPO Subscription Analysis And Details
| As on | QIB | NII | Retail | Employee | Total |
|---|---|---|---|---|---|
| Shares Offered / Reserved | 37,52,625 | 18,76,312 | 12,50,874 | 2,32,288 | 71,12,099 |
|
Day 1
04-08-21 05:00 PM
|
0.48 x | 0.15 | 9.59 x | 0.21 x | 1.98 x |
|
Day 2
05-08-21 05:00 PM
|
0.51 x | 4.71 | 21.77 x | 0.52 x | 5.35 x |
|
Day 3
06-08-21 08:00 PM
|
49.82 x | 116.29 | 42.04 x | 0.98 x | 64.40 x |
Valuations
Company Financials
| 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |
|---|---|---|---|
| Assets | 604.53 | 629.98 | 528.98 |
| Revenue | 661.47 | 271.37 | 214.31 |
| Profit After Tax | 184.92 | (111.95) | (58.05) |
About Company
Krsnaa Diagnostics Ltd is one of the fastest-growing diagnostic chains in India. The company offers a wide range of diagnostic services such as imaging/radiology services (X-rays, MRI, etc.), routine clinical laboratory tests, pathology, and tele-radiology services to private and public hospitals, medical colleges, and community health centres.
The firm has an extensive network of diagnostic centres across India with a key focus on non-metro, and lower tier cities and towns. As of December 31, 2020, it operates 1,801 diagnostic centres that are offering radiology and pathology services across 13 different cities in India. In fiscal 2020, the business has served 5.27 million patients.
- Promoter(s)
Rajendra Mutha
Pre Issue Share Holding : 74.63%
Post Issue Share Holding : N/A%
IPO - Issue Objectives
To finance the cost of establishing diagnostics centres at Punjab, Karnataka, Himachal Pradesh, and Maharashtra.
Repayment/pre-payment of firm's borrowings fully or partially.
General corporate purposes.
IPO - Anchor Investors
Ahead of IPO, Krsnaa Diagnostics mops up Rs 537 crore from anchor investors
Marquee investors who showed strong interest in the public issue through anchor book were Kuber India Fund, Volrado Venture Partners, HSBC, Tara Emerging Asia Liquid Fund, Societe Generale, Elara India Opportunities Fund, Nomura, Stock Mother Fund, and Segantii India Mauritius.
Among domestic investors, Abakkus Growth Fund, ICICI Prudential, HDFC Life Insurance, SBI Mutual Fund, Tata Mutual Fund, Motilal Oswal Mutual Fund, Edelweiss, Nippon Life, Aditya Birla Sun Life, Kotak Mutual Fund, Max Life Insurance, and Kotak Mahindra Life Insurance also participated in the anchor book.
IPO - Peers Comparison
| P/B Ratio | P/E Ratio | RoNW | Revenue(in Cr.) | |
|---|---|---|---|---|
| Krsnaa Diagnostics | 11.19 | 16.19 | 79.76% | 396.46 |
| Metropolis Healthcare | 20.52 | 73.63 | 27.87% | 997.99 |
| Dr. Lalpath Labs | 24.34 | 79.09 | 30.78% | 1,581.27 |
IPO - FAQs
Ans. Krsnaa Diagnostics Limited IPO is a Mainboard IPO. The issue is priced at ₹933-954 per equity share. The minimum order quantity is 15 Shares. The IPO opens on Aug 4, 2021, and closes on Aug 6, 2021. KFintech Private Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Ans. The Krsnaa Diagnostics Limited IPO opens on Aug 4, 2021 and closes on Aug 6, 2021.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Krsnaa Diagnostics Limited IPO is Total 1211.38 Crores: Fresh Issue: 400 Cr + Offer for Sale: 8,525,520 Shares.
Ans. The Krsnaa Diagnostics Limited IPO price band is set between ₹933-954 per equity share.
Ans. To apply for Krsnaa Diagnostics Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Krsnaa Diagnostics Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Krsnaa Diagnostics Limited IPO is Aug 12, 2021.
Ans. The Krsnaa Diagnostics Limited IPO will be listed on Aug 16, 2021.
Ans. Follow the steps to check the Krsnaa Diagnostics Limited IPO allotment status online.
