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

IPO Doc

(D)RHP PDF  

(D)RHP PDF

Subscription Rate - Krsnaa Diagnostics Ltd. IPO

  • Retail Individual Investor
    41.74x
  • Non-Institutional Investor
    116.30x
  • Qualified Institutional Buyers
    49.83x
  • Employees
    0.98x


About Krsnaa Diagnostics Ltd. IPO

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


SWOT Analysis - Krsnaa Diagnostics Ltd. IPO

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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Frequently Asked Questions (FAQs) - Krsnaa Diagnostics Ltd. IPO

What was the share price of the Krsnaa Diagnostics IPO?

The Krsnaa Diagnostics IPO price fell in the range of INR 933 to INR 954 per equity share.

What are Krsnaa Diagnostics IPO details pertaining to the dates of said IPO?

The Krsnaa Diagnostics IPO dates fell between August 4 and August 6, 2021.

What was the issue size of the Krsnaa Diagnostics IPO?

The issue size of the Krsnaa Diagnostics IPO was INR 1213.33 Crores.

What was the subscription rate of the Krsnaa Diagnostics IPO?

The subscription rate for the Krsnaa Diagnostics IPO was as follows.

The retail individual investor category subscribed 41.95 times.

The non-institutional investor category subscribed 116.30 times.

The qualified institutional buyer category subscribed 49.83 times.

The employee category subscribed 0.98 times.

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