KIMS IPO

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About Company

Krishna Institute of Medical Sciences (KIMS) IPO opened for subscription from June 16-18, 2021. KIMS looks to raise Rs 2,143 crore through a combination of fresh issue and an offer for sale (OFS) by existing shareholders. The issue is priced at Rs 815 to Rs 825 per equity share. Lead managers of this IPO are Kotak Mahindra Capital Company Limited, Axis Capital Limited, IIFL Securities Limited, Credit Suisse Securities (India) Private Limited, and KFin Technologies Private Limited.

Krishna Institute of Medical Sciences (KIMS) ranks among the leading healthcare groups in Andhra Pradesh and Telangana, growing from a 200-bed hospital in the year 2000 to a chain of multi-speciality hospitals now. KIMS operates nine multi-speciality hospitals under the KIMS Hospitals brand and offers multi-disciplinary integrated healthcare services with a focus on primary, secondary and tertiary care in Tier 1, 2 and 3 cities.

IPO Latest News and Subscription Status Today (Live)

The KIMS IPO subscription status stands at 3.86 times. Retail investors subscribed to the KIMS IPO 2.90 times. The IPO received bids 5.26 times issue size in QIB, and 1.89 times issue size in the non-institutional category.

Why should you invest in IPO?

With a track record of over 20 years, KIMS is one of the most prominent players in the healthcare market of Andhra Pradesh and Telangana. KIMS has witnessed a growth of 105% over a 3-year CAGR in 2020-21 revenues. KIMS has a very healthy balance sheet with negative Net Debt/ Equity.

IPO - SWOT Analysis

KIMS is one of the top-performing healthcare service provider in Andhra Pradesh and Telangana. In terms of financial performance, it ranks better than most of its peers. One of the key concerns for KIMS is that it is highly dependent on healthcare professionals that it engages on a consultancy basis. The hospital is dependent more on a few areas of specialization than others for its revenue generation. Even as the pandemic benefitted the company’s financials, it took a toll on its operations

The volume of in-patient and out-patient substantially declined due to the pandemic. Two branches of this hospital in Hyderabad account for close to two-thirds of the company’s revenue. This could prove to be a huge downside if the company fails in its attempt to expand to other parts of the country.

How to apply for IPO?

You can apply for the IPO in these ways:

UPI
Link your personal bank A/C to a trusted UPI ID and map it with your TradeSmart account. Now, proceed further to book your IPO. On acceptance of the mandate, the bid amount will get blocked in your bank account Learn more.

Demat Account

1. If you are an Existing TradeSmart demat account holder and wish to apply for an click here.
2. If you don't have a TradeSmart Account? Sign up.

IPO FAQs

When can we expect the KIMS IPO allotment?

The KIMS IPO allotment status is expected on or around Jun 23, 2021.

What is the final KIMS IPO subscription status?

The KIMS IPO was subscribed 3.86 times.

When will the KIMS IPO be listed?

The KIMS IPO listing date is Monday, June 28, 2021. The equity shares of Krishna Institute of Medical Sciences Limited will list on BSE and NSE.

What is the expected listing price of the KIMS IPO?

The expected listing price of KIMS IPO is dependent on a number of factors which include demand for the IPO, nature of the business, market fundamentals and the state of the economy.