Krishna Institute of Medical Sciences Limited IPO (KIMS IPO)

KIMS IPO
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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.

KIMS IPO

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

ParticularsFor the year/period ended (₹ in millions)
31-Mar-2131-Mar-2031-Mar-19
Total Assets14,361.5411,958.9011,197.13
Total Revenue13,401.0211,287.289,238.69
Profit After Tax2,054.791,150.72(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 Object Of The Issue

KIMS IPO Details

IPO Opening Date16 June 2021
IPO Closing Date18 June 2021
Issue TypeBook Built Issue IPO
Issue Size2143.74 Cr
Face Value₹10 per equity share
IPO Price[815] to [825] Per Equity Share
Market Lot18 Shares
Min Order Quantity18 Shares
Listing AtBSE, NSE
Total Share Issue2,59,84,780 Equity Shares

KIMS IPO – Schedule

IPO Open Date16 June 2021
IPO Close Date18 June 2021
Finalization of Basis of Allotment23 June 2021
Initiation of Refunds24 June 2021
Credit of Shares to Demat Account25 June 2021
IPO Listing Date28 June 2021

KIMS IPO Lots Size & Price

ApplicationLotsSharesAmount ( Cut-Off)
Minimum11814,850
Maximum132341,93,050

KIMS IPO: How To Apply

Promoters play a very important role in raising much-needed business revenue.

KIMS IPO 
How To Apply

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
Websitehttp://www.kimshospitals.com/

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