Short Info: Krsnaa Diagnostics IPO: Date, Review, Price, Apply | Krsnaa Diagnostics Limited IPO Date Zerodha Chittorgarh | Krsnaa Diagnostics IPO Price Range, Issue date, Price Band, Timetable, Retail Quota, Share Price Expected and Subscribe at Official Website www.nseindia.com & www.bseindia.com.
Table of Content
Table of Contents
- 1 Krsnaa Diagnostics IPO
- 2 Krsnaa Diagnostics Limited IPO Details
- 3 Krsnaa Diagnostics IPO Timetable
- 4 How To Apply Krsnaa Diagnostics IPO Form?
- 5 Krsnaa Diagnostics IPO Date & Price Band
- 6 Krsnaa Diagnostics IPO Lot Size
- 7 Krsnaa Diagnostics IPO Date, Allotment & Listing
- 8 About Krsnaa Diagnostics Limited
- 9 Krsnaa Diagnostics Company Financial Report
- 10 Company Promoters:
- 11 Krsnaa Diagnostics IPO Registrar
- 12 Krsnaa Diagnostics IPO Lead Manager(s)
- 13 Company Contact Information
- 14 FAQ of Krsnaa Diagnostics IPO:
Krsnaa Diagnostics IPO
Krsnaa Diagnostics Ltd has fixed a price band of ₹933-954 a share for its initial public offer (IPO). The IPO will open for subscription on 4 August and close on 6 August. The offer will close on August 6. Anchor investors’ book, if any, will open for a day on August 3.
The IPO will consist of a fresh issue of ₹400 crore and an offer for sale of up to 8.53 million shares by its existing promoters and shareholders. Investors can bid for a minimum of 15 equity shares and in multiples of 15 equity shares thereafter.
With this the company plans to raise Rs 1213.76 crore. New shares worth Rs 400 crore will be issued in the IPO. Apart from this, there will be an offer for sale (OFS) for the sale of 85.3 lakh shares on behalf of the existing promoters and shareholders.
Check out more about Krsnaa Diagnostics including business glance, financial performance, GMP, live subscription, allotment, and recommendations.
Krsnaa Diagnostics Limited IPO Details
| Name of Article | Krsnaa Diagnostics IPO |
| IPO Date | Aug 4, 2021, to Aug 6, 2021 |
| Issue Type | Book Built Issue IPO |
| Issue Size | [.] Eq Shares of ₹5 (aggregating up to ₹1,213.33 Cr) |
| Fresh Issue | [.] Eq Shares of ₹5 (aggregating up to ₹400.00 Cr) |
| Offer for Sale | 8,525,520 Eq Shares of ₹5 (aggregating up to ₹813.33 Cr) |
| Face Value | ₹5 per equity share |
| IPO Price | ₹933 to ₹954 per equity share |
| Market Lot | 15 Shares |
| Min Order Quantity | 15 Shares |
| Listing At | BSE, NSE |
Krsnaa Diagnostics IPO is a main-board IPO of [.] equity shares of the face value of ₹5 aggregating up to ₹1,213.33 Crores. The issue is priced at ₹933 to ₹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.
The public issue comprises a fresh issue of Rs 400 crore and an offer for sale of up to 85,25,520 equity shares by existing selling shareholders. Krsnaa Diagnostics IPO lot size is 15 Shares and the minimum order quantity is 15 Shares.
Krsnaa Diagnostics IPO Timetable
| Event | Dates |
| IPO Opening Date | Aug 4, 2021 |
| IPO Closing Date | Aug 6, 2021 |
| Finalization Date of Basis of Allotment | Aug 11, 2021 |
| Initiation of Refunds | Aug 12, 2021 |
| The credit of Shares to Demat Acct | Aug 13, 2021 |
| IPO Shares Listing Date | Aug 17, 2021 |
The issue is set to open on August 4. It will remain open for subscription for 3 trading days, upon which it will close on August 6. Any anchor bookings that happen will likely take place on the day before opening, on August 3.
How To Apply Krsnaa Diagnostics IPO Form?
You can apply in Krsnaa Diagnostics IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services.
Check here read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank. The other option you can apply Krsnaa Diagnostics IPO via IPO forms download via NSE and BSE. Check out the Krsnaa Diagnostics forms – click NSE Forms & BSE Forms blank IPO forms download, fill and submit in your bank or with your broker.
How to apply for IPO online and the IPO application process. Here is what you need to know when you apply for an IPO of a company.
How to invest in Krsnaa Diagnostics IPO using Zerodha app
- Login to Zerodha Kite console.
- Go to IPO section in Portfolio
- Choose the IPO you want to apply for from the list.
- Enter the UPI ID, bid details like price and quantity.
- Now hit submit.
How to invest in Krsnaa Diagnostics IPO using ICICI Direct app
- Login to ICICIdirect.com.
- Go to the IPO section in Trade & Invest.
- Fill the bid details like price and quantity.
- And hit submit once confirm the details.
How to invest in Krsnaa Diagnostics IPO using Angel Broking app
- Log in to Angel Broking apps
- Hit on ‘More’ on the top menu.
- Click on ‘IPO’ from the dropdown.
- Select the Krsnaa Diagnostics IPO and click the ‘Apply’ button.
- Enter UPI ID, investor type, order quantity and price.
- Click ‘Apply’ to place the IPO order
Krsnaa Diagnostics IPO Date & Price Band
| IPO Open | 04 August 2021 |
| IPO Close | 06 August 2021 |
| IPO Size | Approx ₹1213.33 Crores |
| Fresh Issue | Approx ₹400 Crores |
| Offer for Sale | Approx ₹813.33 Crores (9,416,377 shares) |
| Face Value | ₹5 Per Equity Share |
| Price Band | ₹933 to ₹954 Per Share |
| Listing on | BSE & NSE |
| Retail Portion | 10% |
| Discount | ₹93 Per Equity Shares for Employees |
The price band of the initial public offering (IPO) of Krsnaa Diagnostics, which opens on August 4, has been fixed at Rs 933-954 per share, reports suggest.
The offer includes a reservation of Rs 20 crore worth of shares for employees, who will a discount of Rs 93 per share to the final issue price.
Krsnaa Diagnostics IPO Lot Size
| Minimum Lot Size: | Minimum 15 Shares |
| Minimum Amount: | ₹14,310 |
| Maximum Lot Size: | Maximum 195 Shares |
| Maximum Amount: | ₹186,030 |
The IPO has a minimum lot size of 15 shares with Rs 14,310 as the minimum application amount. The higher end of the issue’s lot stands at 195 shares with a cap of Rs 186,030 as the application amount. In this lot, retail investors have been given an allocation of 13 lots to which they can apply at the upper limit.
Krsnaa Diagnostics IPO Date, Allotment & Listing
The basis of allotment will likely happen a day after the company closes its subscription. The date as of now stands as August 11 for allotment. The following day on August 12, the refunds will be initiated. The successful bidders will see their shares credited to their respective Demat accounts on August 13. The listing date is likely to be August 17, however, this is not yet confirmed.
| Price Band Announcement | 30 July 2021 |
| Anchor Investors Allotment | 03 August 2021 |
| IPO Open Date | 04 August 2021 |
| IPO Close Date | 06 August 2021 |
| Basis of Allotment | 11 August 2021 |
| Refunds | 12 August 2021 |
| Credit to Demat Account | 13 August 2021 |
| IPO Listing Date | 17 August 2021 |
About Krsnaa Diagnostics Limited
Krsnaa Diagnostics Limited is a fast-growing diagnostics chain with its roots in India. It has a vast network of customers that it provides various diagnostic services to. These services include imaging/radiology services (X-rays, MRI, etc.), routine clinical laboratory tests, pathology, and teleradiology services.
Krsnaa Diagnostics provides a range of technology-enabled diagnostic services such as imaging (including radiology), pathology/clinical laboratory and tele-radiology services to public and private hospitals, medical colleges and community health centres pan-India.
Competitive Strengths
- it is one of the leading diagnostic chains in India.
- It also has a comprehensive and diverse range of services in the field of diagnostics.
- It has an extensive market footprint thanks to its intricate network and presence in 13 cities.
- The company has also shown a good financial track record.
Krsnaa Diagnostics Company Financial Report
The company’s income for the fiscal year ended March 3, 2020, was Rs 271.38 crore. This is an upward trend from its previous year’s Rs 214.31 crore, as mentioned by Angel Broking. Parallelly, the company’s net loss also went up to Rs 111.95 crore from the previous year’s Rs 58.05 crore, the report mentioned.
| Particulars | For the year/period ended (₹ in million) | ||
|---|---|---|---|
| 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |
| Total Assets | 6,045.30 | 6,299.82 | 5,289.85 |
| Total Revenue | 6,614.76 | 2,713.79 | 2,143.15 |
| Profit After Tax | 1,849.29 | (1,119.51) | (580.57) |
Krsnaa Diagnostics Grey Market Premium (GMP)
The GMP for the company’s IPO was listed as Rs 450 on IPO Watch on July 31. This means that the IPO was trading premiums on the grey market at Rs 1,383 to Rs 1,404 per equity share. This stacks up against the price band of the issue which was listed as Rs 933 to Rs 954 per equity share.
Company Promoters:
- Rajendra Mutha is the promoter of the company.
Krsnaa Diagnostics IPO Registrar
- KFintech Private Limited
KFintech, Tower-B, Plot No 31 & 32,
Financial District, Nanakramguda, Gachibowli,
Hyderabad, Telangana India – 500 032. - Phone: 04067162222, 04079611000
Email: krsnaa.ipo@kfintech.com
Website: https://karisma.kfintech.com/
Krsnaa Diagnostics IPO Lead Manager(s)
- DAM Capital Advisors Ltd (Formerly IDFC Securities Ltd)
- Equirus Capital Private Limited
- IIFL Holdings Limited
- JM Financial Consultants Private Limited
Company Contact Information
- Krsnaa Diagnostics Limited
S.No. 243, A-Hissa No. 6, CTS No. 4519, 4519/1,
Chinchwad, Taluka – Haveli, Pune – 411 019 - Phone: +91 20 4695 4695
Email: cs@krsnadiagnostics.com
Website: https://krsnaadiagnostics.com/
FAQ of Krsnaa Diagnostics IPO:
Krsnaa Diagnostics’ ₹ 1200 crore initial public offering (IPO) will open for bidding on August 4. The IPO, which will close on August 6, will consist of a fresh issue of shares worth ₹ 400 crore and an offer for sale (OFS) of up to 94,16,377 shares by existing shareholders, including Phi Capital, Kitara, Somerset Indus Healthcare Fund I and Lotus Management Solutions.
KFintech Private Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
The IPO opens on Aug 4, 2021, and closes on Aug 6, 2021.
The investors’ portion for QIB 75%, NII 15%, and Retail 10%.
Krsnaa Diagnostics IPO size is ₹1213.33 crores. The IPO comprises ₹400 crores fresh issue and offer for sale of 8,525,529 equity shares.
Krsnaa Diagnostics IPO Price Band is ₹933 to ₹954 per equity share.
Krsnaa Diagnostics IPO will open for subscription on Aug 4, 2021 and closes on Aug 6, 2021.
The minimum bid is 15 Shares with ₹14,310 amount while maximum bid is 195 shares with ₹186,030.
Those who would bid for the issue can check the subscription status on the online portal of Link Intime India Private, the registrar to the IPO.
Krsnaa Diagnostics IPO allotment date is 11 August 2021.
Krsnaa Diagnostics IPO listing date is 17 August 2021. The IPO to list on BSE and NSE.