Krsnaa Diagnostics

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

 


FY2018

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

BSE IndiaClick Here

KfintechClick Here

Link InTimeClick Here

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.

Krsnaa Diagnostics IPO Comments