Compiled in 2010, Krsnaa Diagnostics Ltd is one of the fastest growing chains in India. The company provides a variety of diagnostic services such as imaging / radiology services (X-ray, MRI, etc.), general clinical laboratory tests, diagnostics and tele-radiology services at private and public hospitals, medical colleges, and public health centers.
The firm has a comprehensive network of diagnostic centers throughout India focusing on non-municipal, as well as metropolitan areas. As of December 31, 2020, it operates 1,801 diagnostic centers that provide radiology and medical services in 13 different cities in India. By 2020 financial year, the business has served 5.27 million patients.
Competitive Strengths
- Differentiated diagnostic service provider company in India.
- A comprehensive range of diagnostic services i.e. imaging, pathology, etc.
- Strong brand equity with quality healthcare services at affordable prices.
- Extensive market footprint in 13 states across India.
- Consistent financial performance track record.
Company Promoters
Rajendra Mutha is the promoter of the company.
Company Financials
| Particulars | For the year/period ended (₹ in million) | ||
|---|---|---|---|
| 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |
| Total Assets | 6,045.30 | 6,299.82 | 5,289.85 |
| Total Revenue | 6,614.76 | 2,713.79 | 2,143.15 |
| Profit After Tax | 1,849.29 | (1,119.51) | (580.57) |
Objects Of The Issue
The net proceed from the IPO will be utilized for the following purposes;
- To finance the cost of establishing diagnostics centres at Punjab, Karnataka, Himachal Pradesh, and Maharashtra.
- Repayment/pre-payment of firm’s borrowings fully or partially.
- General corporate purposes.
Krsnaa Diagnostics IPO – Details
| IPO Opening Date | 04 Aug 2021 |
| IPO Closing Date | 06 Aug 2021 |
| Issue Type | Book Built Issue IPO |
| Issue Size | 1211 Crore |
| Face Value | ₹5 per equity share |
| IPO Price | [933] To [954] Per Equity Share |
| Market Lot | 15 Shares |
| Min Order Quantity | 15 Shares |
| Listing At | BSE NSE |
| Total Share Issue | 1,26,97,903 Equity Share |
| Register | KFintech Private Limited |
Krsnaa Diagnostics IPO – Timetable
| IPO Open Date | 04 Aug 2021 |
| IPO Close Date | 06 Aug 2021 |
| Basis of Allotment Date | 11 Aug 2021 |
| Initiation of Refunds | 12 Aug 2021 |
| Credit of Shares to Demat Account | 13 Aug 2021 |
| IPO Listing Date | 16 Aug 2021 |
Krsnaa Diagnostics IPO Lots Size & Price
| Application | Lots | Shares | Amount ( Cut-Off) |
| Minimum | 1 | 15 | 14,310 |
| Maximum | 13 | 195 | 1,86,030 |
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: cs@krsnadiagnostics.com Website: https://krsnaadiagnostics.com/ |
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: krsnaa.ipo@kfintech.com Website: https://karisma.kfintech.com/ |
Krsnaa Diagnostics IPO FAQs
| What is Krsnaa Diagnostics IPO? 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. |
| When Krsnaa Diagnostics IPO will open? The Krsnaa Diagnostics IPO opens on Aug 4, 2021 and closes on Aug 6, 2021. |
| What is the lot size of Krsnaa Diagnostics IPO? Krsnaa Diagnostics IPO lot size is 15 Shares and the minimum order quantity is 15 Shares. |
| How to apply for Krsnaa Diagnostics IPO? 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. |
| When is Krsnaa Diagnostics IPO listing date? The Krsnaa Diagnostics IPO listing date is announced. The date of Krsnaa Diagnostics IPO listing is Aug 16, 2021. |
