Krsnaa Diagnostics Limited IPO

Mainboard

Hospital & Healthcare

Listed On: Aug 16, 2021 at ₹ 1005.55(NSE)

₹ 14310 /15 Shares

Check Allotment

Price Summary

Last Closing

1,018.90 (6.8%)

52 Week High

1,036.50

52 Week Low

528.05

Last Update

25-Nov-2024 3:30 PM

IPO Details

04 Aug, 2021

Open Date

06 Aug, 2021

Close Date

12 Aug, 2021

Allotment Date

16 Aug, 2021

Listing Date

Issue Price

₹933-954 per equity share

Face Value

₹5 Per Equity Share

Listing at Group

BSE, NSE

Registrar

KFintech Private Limited

List Price

1005.55(NSE)

Listing Date

2021-08-16

Market Lot

15 Shares (₹14,310/-)

Lead Manager

DAM Capital Advisors Ltd (Formerly IDFC Securities Ltd), Equirus Capital Private Limited, IIFL Holdings Limited, JM Financial Consultants Private Limited

Issue Size

Total 1211.38 Crores: Fresh Issue: 400 Cr + Offer for Sale: 8,525,520 Shares

Retail Portion

10%

Subscription

64.40 times

IPO Docs

DRHP RHP

IPO Subscription 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

Total No. of Applications: 2966341 (Approx)

Retail Subscription on the basis of Applications: 35.57 times

Valuations

Earnings Per Share (EPS)

₹58.91/-

P/E Ratio

16.19

RoNW

79.76%

Net Asset Value (NAV) - As on 31.03.21

₹85.27

Company Financials All values are in ₹ Cr.

	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 The 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.

	P/B Ratio	P/E Ratio	RoNW	Net Worth
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 - Ratings

Axis Capital	Neutral
Capital Market	Avoid
JM Financial Institutional Securities	Neutral
KR Choksey Securities Ltd	Subscribe

- Promoter(s)

Pre Issue Share Holding: 74.63%

Post Issue Share Holding: N/A%

Company Promoter(s)

Rajendra Mutha

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 - 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. 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 IPO price band is set between ₹933-954 per equity share.

Ans. To apply for Krsnaa Diagnostics Limited IPO 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 allotment status for Krsnaa Diagnostics Limited IPO here.