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Krsnaa Diagnostics IPO: Date, Review, Price, Apply Form, Lot Size, Listing Date

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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.

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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.

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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 ArticleKrsnaa Diagnostics IPO
IPO DateAug 4, 2021, to Aug 6, 2021
Issue TypeBook 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 Sale8,525,520 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 Lot15 Shares
Min Order Quantity15 Shares
Listing At BSE, NSE
Krsnaa Diagnostics Limited IPO Information

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

EventDates
IPO Opening DateAug 4, 2021
IPO Closing DateAug 6, 2021
Finalization Date of Basis of AllotmentAug 11, 2021
Initiation of RefundsAug 12, 2021
The credit of Shares to Demat AcctAug 13, 2021
IPO Shares Listing DateAug 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 Open04 August 2021
IPO Close06 August 2021
IPO SizeApprox ₹1213.33 Crores
Fresh IssueApprox ₹400 Crores
Offer for SaleApprox ₹813.33 Crores (9,416,377 shares)
Face Value₹5 Per Equity Share
Price Band₹933 to ₹954 Per Share
Listing onBSE & NSE
Retail Portion10%
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 Announcement30 July 2021
Anchor Investors Allotment03 August 2021
IPO Open Date04 August 2021
IPO Close Date06 August 2021
Basis of Allotment11 August 2021
Refunds12 August 2021
Credit to Demat Account13 August 2021
IPO Listing Date17 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.

ParticularsFor the year/period ended (₹ in million)
 31-Mar-2131-Mar-2031-Mar-19
Total Assets6,045.306,299.825,289.85
Total Revenue6,614.762,713.792,143.15
Profit After Tax1,849.29(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: [email protected]
    Website: https://karisma.kfintech.com/

Krsnaa Diagnostics IPO Lead Manager(s)

  1. DAM Capital Advisors Ltd (Formerly IDFC Securities Ltd)
  2. Equirus Capital Private Limited
  3. IIFL Holdings Limited
  4. 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: [email protected]
    Website: https://krsnaadiagnostics.com/

FAQ of Krsnaa Diagnostics IPO:

What is the Krsnaa Diagnostics Ltd. 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.

Who is the registrar of Krsnaa Diagnostics Ltd. IPO?

KFintech Private Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

What are the open and close dates of the Krsnaa Diagnostics Ltd. IPO?

The IPO opens on Aug 4, 2021, and closes on Aug 6, 2021.

What is Krsnaa Diagnostics IPO Investors Portion?

The investors’ portion for QIB 75%NII 15%, and Retail 10%.

What is the issue size of Krsnaa Diagnostics IPO?

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.

What is Krsnaa Diagnostics IPO Price Band?

Krsnaa Diagnostics IPO Price Band is ₹933 to ₹954 per equity share.

When will the Krsnaa Diagnostics IPO open for subscription?

Krsnaa Diagnostics IPO will open for subscription on Aug 4, 2021 and closes on Aug 6, 2021.

What is the lot size and minimum order quantity of the Krsnaa Diagnostics Ltd. IPO?

The minimum bid is 15 Shares with ₹14,310 amount while maximum bid is 195 shares with ₹186,030.

How to check Krsnaa Diagnostics IPO Allotment Status?

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.

When Krsnaa Diagnostics IPO allotment?

Krsnaa Diagnostics IPO allotment date is 11 August 2021.

When is the Krsnaa Diagnostics IPO listing date?

Krsnaa Diagnostics IPO listing date is 17 August 2021. The IPO to list on BSE and NSE.

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