| IPO Listing At | BSE, NSE |
| IPO Issue Type | Book Build Issue |
| Issue Size | ₹1213.33 Cr |
| Fresh Issue | ₹400.84 Cr |
| Offer for Sale | ₹812.49 Cr |
| Face Value | โน5 Per Equity Share |
| Price Band | โน933.00-954.00 per share |
| Discount | Retail: 0.00,Employee: 93.00 |
| BSE Code | 543328 |
| NSE Code | KRSNAA |
| Registrar | Kfin Technologies Ltd. |
| Lead Managers | JM Financial Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 15 shares and in multiples thereof
Incorporated in 2010, Krsnaa Diagnostics Ltd is one of the fastest-growing diagnostic chains in India. The company offers a wide range of diagnostic services such as imaging/radiology services (X-rays, MRI, etc.), routine clinical laboratory tests, pathology, and tele-radiology services to private and public hospitals, medical colleges, and community health centres.
The firm has an extensive network of diagnostic centres across India with a key focus on non-metro, and lower tier cities and towns. As of December 31, 2020, it operates 1,801 diagnostic centres that are offering radiology and pathology services across 13 different cities in India. In fiscal 2020, the business has served 5.27 million patients.
Competitive Strengths
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | Proposing to finance the cost of establishing diagnostics centres at Punjab, Karnataka, Himachal Pradesh and Maharashtra. | 150.81 |
| 2 | Repayment/pre-payment, in full or part, of borrowings from banks and other lenders availed by the Company; and | 146.08 |
| 3 | General corporate purposes | 81.74 |
| Period Ended | 31 Mar 2021 | 31 Mar 2020 | 31 Mar 2019 |
|---|---|---|---|
| Assets | 604.53 | 629.98 | 528.99 |
| Total Income | 661.48 | 271.38 | 214.32 |
| Profit After Tax | 184.93 | -111.95 | -58.06 |
| EBITDA | 358.83 | -101.26 | -32.52 |
| NET Worth | 231.87 | -196.98 | -84.92 |
| Reserves and Surplus | -17.02 | -217.16 | -105.11 |
| Total Borrowing | 231.78 | 231.25 | 169.21 |
| Amount in ₹ Crore | |||