Krsnaa Diagnostics Ltd. IPO
Krsnaa Diagnostics Ltd.
IPO Listing Details
Listed On
BSE & NSE
Listed On
Issue Price
₹954
Issue Price
Listing Price
₹1,025
Listing Price
Listing Gains
+₹71.00 (+7.44%)
Listing Gains
IPO Details
Bidding Dates
04 Aug - 06 Aug '21
Bidding Dates
Min. Investment
₹13,995
Min. Investment
Lot Size
15.00
Lot Size
Price Range
₹933 - ₹954
Price Range
Issue Size
1,188 Cr
Issue Size
Subscription Rate
- Retail Individual Investor41.74x
- Non-Institutional Investor116.30x
- Qualified Institutional Buyers49.83x
- Employees0.98x
About Company
Founded in 2010, this diagnostic chain has just over a decade’s experience in the industry within which it operates. Its offerings include a wide array of diagnostic services ranging from routine clinical lab tests and imaging / radiology services to pathology and tele-radiology. Its services are available to private as well as public hospitals along with medical colleges and community health centers. Krsnaa Diagnostics has 1801 diagnostic centers (as of December 31, 2020) located in a number of places spread across India with a focus on non-metropolitan regions along with lower tier towns and cities.
Krsnaa Diagnostics Ltd. IPO Latest News and Subscription Status Today (Live)
Krsnaa Diagnostics IPO details are as follows.
The Krsnaa Diagnostics IPO dates fell between August 4, 2021 and August 6, 2021.
The Krsnaa Diagnostics IPO share price for each individual share fell in the range of INR 933 to INR 954.
The market lot size of this IPO amounted to 15 shares. Retail individual investors were entitled to apply for up to 13 lots. This meant that a retail individual investor could hold at most 195 shares amounting to INR 186,030.
The allotment date of the IPO shares was August 11, 2021, while the initiation of refunds was slated for August 12, 2021.
Why should you invest in Krsnaa Diagnostics Ltd. IPO?
Krsnaa Diagnostics IPO makes for a viable investment as it stands out among diagnostic service providers in the country today. It has strong brand equity and offers quality healthcare services that are affordable. Its consistent financial performance further adds to its appeal.
While it was not able to make any profits in FY19 and FY20, they have managed to make a profit of Rs. 185 crorers
Krsnaa Diagnostics Ltd. IPO - SWOT Analysis
Strengths:
The business model employed by Krsnaa Diagnostics is unique and scalable.
The brand is recognized for its quality and reliable healthcare services that are known for being affordable.
It has been able to maintain its cost price competitiveness.
Weaknesses:
It is too dependent on the information technology systems it employs. Furthermore, it is too dependent on the telecommunications network in the country in order to provide its diagnostic services.
Opportunities:
The company is in a good position to make the most of healthcare spending within the private as well as the public sector.
Threats:
Delays in terms of establishing diagnostic centers can result in the termination of previously made agreements and can lead to overspending.
Krsnaa Diagnostics operates within a capital-intensive industry.
How to apply for Krsnaa Diagnostics Ltd. IPO?
You can apply for the Krsnaa Diagnostics Ltd. 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
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