Krsnaa Diagnostics IPO Review
Krsnaa Diagnostics IPO Overview
Krsnaa Diagnostics is an enormous and separated demonstrative specialist organization, offering a scope of innovation empowered analytic administrations like imaging (counting radiology), pathology/clinical research facility and tele-radiology administrations to public and private medical clinics, clinical schools and local area wellbeing focuses skillet India. The organization is among the quickest developing demonstrative chains in India on boundaries like working pay, working benefit before devaluation, interest and expense (OPBDIT), benefit after charge between Fiscal 2017 and Fiscal 2020, and volume of tests led between Fiscal 2018 and Fiscal 2020.
The organization centers around the public private association (PPP) diagnostics portion and has the biggest presence in the demonstrative PPP section. Its PPP arrangements are regularly long haul in nature and guarantee consistency of incomes from activities. Starting at 31 December 2020, it has conveyed 1,781 analytic focuses according to PPP concurrences with general wellbeing organizations. Notwithstanding the PPP section, it has been developing coordinated effort with private medical services suppliers to work demonstrative focuses inside their offices, and has extended from working 12 analytic focuses, as of FY2018 to 17 indicative places, as of FY2020 and worked 20 such symptomatic focuses starting at 31 December 2020.
Starting at 31 December 2020, it worked 1,801 indicative communities offering radiology and pathology administrations in 13 states across India. Its working model includes symptomatic focuses worked under a medical clinic organization model. These symptomatic focuses are situated inside existing offices of public and private medical clinics or local area wellbeing focuses, and worked according to game plans with general wellbeing offices and private medical care suppliers.
Krsnaa Diagnostics IPO Details
Subscription Dates | 4 – 6 August 2021 |
Price Band | INR933 – 954 per share |
Fresh issue | INR400 crore |
Offer For Sale | 8,525,520 shares (INR795.43 – 813.33 crore) |
Total IPO size | INR1,195.43 – 1,213.33 crore |
Minimum bid (lot size) | 15 shares |
Face Value | INR5 per share |
Retail Allocation | 10% |
Listing On | NSE, BSE |
Krsnaa Diagnostics IPO Financial Performance
|
| FY2019 | FY2020 | FY2021 |
Revenue | 110.5 | 214.3 | 271.4 | 661.5 |
Expenses | 194.7 | 292.0 | 429.7 | 366.0 |
Net income | -60.1 | -58.0 | -112.0 | 184.9 |
Margin (%) | -54.4 | -27.1 | -41.3 | 27.9 |
Krsnaa Diagnostics IPO Key Ratios
Earnings Per Share (EPS): INR 12.25
Price/Earnings (PE ratio): 76.16 – 77.88
Return on Net Worth (RONW): 79.76%
Net Asset Value (NAV): INR85.27 per share
Krsnaa Diagnostics IPO GMP Trend
Date | Krsnaa Diagnostics IPO GMP | Kostak | Subject to Sauda |
14 August 2021 | INR305 | – | – |
13 August 2021 | INR300 | – | – |
12 August 2021 | INR330 | – | – |
11 August 2021 | INR330 | – | INR3,000 |
10 August 2021 | INR350 | – | INR4,000 |
Listing Performance of Krsnaa Diagnostics IPO
Company Name | Listed On | Issue Price | Listing Day Close | Listing Day Gain |
Krsnaa Diagnostics Limited | Aug 16, 2021 | 954 | 990.75 | 3.85% |
Krsnaa Diagnostics IPO GMP Trend
BSE Code: 543328.
NSE Code: KRSNAA.
ISIN NO: INE08LI01020
Krsnaa Diagnostics IPO Allotment Status
Krsnaa Diagnostics IPO Brokers Reviews & Rating
Anand Rathi – Subscribe
Arihant Capital – Subscribe for listing gains
Axis Capital – Neutral
BP Wealth – Subscribe
Choice Broking – Subscribe with caution
Elite Wealth – Listing gains
Hem Securities – Subscribe
ICICIdirect – Unrated
KR Choksey – Subscribe
Marwadi Financial Services – Subscribe
Nirmal Bang – Subscribe
Religare Broking – Positive view
SMC Global – 1.5/5
Ventura Securities – Subscribe
Krsnaa Diagnostics IPO Important Dates
IPO Opening Date: 4 August 2021
IPO Closing Date: 6 August 2021
Finalisation of Basis of Allotment: 11 August 2021
Initiation of refunds: 12 August 2021
Transfer of shares to demat accounts: 13 August 2021
Listing Date: 16 August 2021
Opening Price on NSE: INR1,005.55 per share (up 5.40% from IPO price)
Closing Price on NSE: INR978 per share (up 2.52% from IPO price)
Krsnaa Diagnostics IPO Contact Details
Krsnaa Diagnostics Limited
S.No. 243, A-Hissa No. 6, CTS No. 4519, 4519/1, Near Chinchwad Station, Chinchwad,
Taluka – Haveli, Pune – 411 019
Phone: +91 20 4695 4695
Email: cs@krsnadiagnostics.com
Website: www.krsnadiagnostics.com
Krsnaa Diagnostics IPO Registrar Contact Details
KFin Technologies Private Limited
Selenium Tower B, Plot 31-32, Gachibowli,
Nanakramguda, Hyderabad – 500 032,
Telangana
Phone: +91 40 6716 2222
Fax: +91 40 2343 1551
Email: einward.ris@kfintech.com
Website: www.kfintech.com
Krsnaa Diagnostics IPO Subscription Details
Category | Shares offered | Subscription (no. of times, at 5 PM) | ||
Day 1 | Day 2 | Day 3 | ||
QIB | 37,52,625 | 0.48 | 0.50 | 49.83 |
NII | 18,76,312 | 0.15 | 4.71 | 116.30 |
Retail | 12,50,874 | 9.55 | 21.74 | 41.76 |
Employee | 2,32,288 | 0.21 | 0.51 | 0.98 |
Total | 71,12,099 | 1.98 | 5.35 | 64.35 |
Krsnaa Diagnostics IPO FAQ's
Krsnaa Diagnostics IPO is a main-board IPO of equity shares of the face value of 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 initial public offering (IPO) begins on Aug 4, 2021 and ends on Aug 6, 2021.The registrar for the IPO is Link Intime India Private Ltd. The shares are proposed for listing on the BSE and NSE.
The Krsnaa Diagnostics IPO opens on Aug 4, 2021 and closes on Aug 6, 2021.
Krsnaa Diagnostics IPO lot size is 15 Shares and the minimum order quantity is 15 Shares.
Krsnaa Diagnostics IPO applications can be submitted online using either UPI or ASBA as a payment method. The ASBA IPO application is available in your bank’s net banking. Brokers who do not provide banking services provide UPI IPO applications..Learn more about online IPO applications from Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Krsnaa Diagnostics IPO will be done on Aug 11, 2021, and the allotted shares will be credited to your demat account by Aug 13, 2021. Check the Krsnaa Diagnostics IPO allotment status.
The Krsnaa Diagnostics IPO listing date is on Monday, August 16, 2021.