Founded in 1973, Krishna Institute of Medical Sciences Ltd (HIS) is one of the largest medical groups in India and Telangana. DISNEY is offering a multi-specialty health care, with an emphasis on the first, re-use, and tertiary care, urban, level 2 and 3.
The company offers a wide range of medical services, including cancer, cardiovascular sciences, neurology, gastric sciences, orthopedics, kidney sciences, organ transplantation, and the maternal and child health.
In March, 31-2021, it even works with 9 multi-specialty hospital, under the brand name “KIMS Hospitals with a total bed capacity of 3064, under the brand name “KIMS Hospitals with a total bed capacity of 3064, including more than 2,500 of the operational staff.
Competitive strengths
- One of the largest corporate healthcare service provider in AP and Telangana.
- Highly qualified and trained doctors and medical support staff.
- Strong operational and financial performance.
- Experienced managerial team.
Company Promoters
Dr. Bhaskara Rao Bollineni, Rajyasri Bollineni, Dr. Abhinay Bollineni, Adwik Bollineni, and Bollineni Ramanaiah Memorial Hospitals Private Limited are the company promoters.
Company Financials
| Particulars | For the year/period ended (₹ in millions) | ||
|---|---|---|---|
| 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |
| Total Assets | 14,361.54 | 11,958.90 | 11,197.13 |
| Total Revenue | 13,401.02 | 11,287.28 | 9,238.69 |
| Profit After Tax | 2,054.79 | 1,150.72 | (488.07) |
Objects of the Issue
The Net IPO proceeds will be utilized towards the following purposes;
- To make repayment/prepapyment of borrowings availaled by the firm and subsidiaries i.e. KHKPL, SIMSPL, and KHEPL.
- To meet general corporate purposes.
KIMS IPO Details
| IPO Opening Date | 16 June 2021 |
| IPO Closing Date | 18 June 2021 |
| Issue Type | Book Built Issue IPO |
| Issue Size | 2143.74 Cr |
| Face Value | ₹10 per equity share |
| IPO Price | [815] to [825] Per Equity Share |
| Market Lot | 18 Shares |
| Min Order Quantity | 18 Shares |
| Listing At | BSE, NSE |
| Total Share Issue | 2,59,84,780 Equity Shares |
KIMS IPO – Schedule
| IPO Open Date | 16 June 2021 |
| IPO Close Date | 18 June 2021 |
| Finalization of Basis of Allotment | 23 June 2021 |
| Initiation of Refunds | 24 June 2021 |
| Credit of Shares to Demat Account | 25 June 2021 |
| IPO Listing Date | 28 June 2021 |
KIMS IPO Lots Size & Price
| Application | Lots | Shares | Amount ( Cut-Off) |
| Minimum | 1 | 18 | 14,850 |
| Maximum | 13 | 234 | 1,93,050 |
KIMS IPO: How To Apply
Promoters play a very important role in raising much-needed business revenue.
Apply For KIMS IPO Through ASBA
First, you should know what ASBA is. ASBA stands for Restricted Application Support. It is an application by the bank to apply for an IPO.
You apply with ASBA through the bank because initially, the bank covers the cost of purchasing the IPO. This amount is deducted from your account only after receiving IPO share shares in your Demat account.
All the major banks in the country are expanding the ASBA center. There are about 30 banks on the list, some of which are IDBI Bank Limited, Citi Bank, Punjab National Bank, etc.
The center may be expanded once they have been authorized to do so. These banks block the corresponding amount until the IPO allocation process is finalized.
Now, most of you are probably thinking about how to use the KIMS IPO with ASBA. The process can be completed online or offline for your convenience.
Apart from this, you can also bid for an KIMS IPO through your stockbroker’s online portal (such as Zerodha, Edelweiss, Motilal Oswal, etc.)
Company Contact Information
| Krishna Institute of Medical Sciences Limited D. No. 1-8-31/1, Minister’s Road, Secunderabad – 3, 500 003 Phone: +91 40 4418 6000 Email: cs@kimshospitals.com Website: http://www.kimshospitals.com/ |
