KIMS IPO Date, Price, GMP, Review, Allotment, Subscription, Analysis & Documents
About KIMS
One of the largest corporate healthcare groups in AP and Telangana in terms of number of patients treated and treatments offered, according to the CRISIL Report.
KIMS providing multi-disciplinary integrated healthcare services, with a focus on primary secondary & tertiary care in Tier 2-3 cities and primary, secondary, tertiary and quaternary healthcare in Tier 1 cities.
KIMS operates 9 multi-specialty hospitals under the “KIMS Hospitals” brand, with an aggregate bed capacity of 3,064, including over 2,500 operational beds as of March 31, 2021, which is 2.2 times more beds than the second largest provider in AP and Telangana, according to the CRISIL Report. KIMS also offer a comprehensive range of healthcare services across over 25 specialties and super specialties, including cardiac sciences, oncology, neurosciences, gastric sciences, orthopaedics, organ transplantation, renal sciences and mother & child care.
The hospital grown from a single hospital to a chain of multi-specialty hospitals through organic growth and strategic acquisitions under the leadership of Dr. Bhaskara Rao Bollineni, the founder and Managing Director, and Dr. Abhinay Bollineni, Executive Director and CEO.
Important Details – KIMS
| Date | Details |
|---|---|
| July 26, 1973 | The Company was incorporated as ‘Jagjit Singh and Sons Private Limited’, a private limited company |
| January 29, 2003 | The Company changed the location of its registered office from the State of Maharashtra to the erstwhile State of Andhra Pradesh |
| January 2, 2004 | The name of the Company was changed to ‘Krishna Institute of Medical Sciences Private Limited’ |
| January 29, 2004 | Further, pursuant to the conversion of the Company to a public limited company, the name was changed to ‘Krishna Institute of Medical Sciences Limited’ |
KIMS IPO Price – Details
| Description | Details |
|---|---|
| Public Issue | Public issue [.] Equity Shares of ₹10 (aggregating up to ₹2,143.74 Cr), fresh issue of 2,424,242 Eq Shares of ₹10 (aggregating up to ₹ 200.00 Cr) and 23,560,538 Eq Shares of ₹10 (aggregating up to ₹1,943.74 Cr) |
| Issue Open Date | 16-Jun-21 |
| Issue Close Date | 18-Jun-21 |
| Issue Type | Book Built |
| IPO Price Band | ₹ 815 to ₹ 825 per equity share |
| Face Value | ₹ 10 |
| Market Lot | 18 Equity Shares and in multiples thereof |
| Minimum Order Quantity | 18 Equity Shares |
| Maximum Subscription Amount for Retail Investor | Rs. 2,00,000 |
| Listing | BSE, NSE |
| NSE Symbol | KIMS |
| IPO Market Timings | 10.00 a.m. to 5.00 p.m. |
KIMS IPO Lot Size
| Application | Lots | No of Shares | Amount (Rs) |
| Minimum | 1 | 18 | 14,850 |
| Maximum | 13 | 234 | 1,93,050 |
Objects of the Issue
The Company proposes to utilise the funds which are being raised through the Fresh Issue, up to ₹ 2,000.00 million, after deducting the Offer related expenses to the extent payable by the Company with respect to the Fresh Issue, towards funding the following objects (collectively, referred to herein as the “Objects”):
- repayment/pre-payment, in full or part, of certain borrowings availed by the Company and by the Subsidiaries viz KHKPL, SIMSPL and KHEPL; and
- General corporate purposes.
KIMS IPO Lead Managers
- Axis Capital Limited
- Credit Suisse Securities (India) Private Limited
- IIFL Securities Limited
- Kotak Mahindra Capital Company Limited
KIMS IPO Registrar
KIMS IPO Allotment Date, Listing Date and other Important Dates
| Details | Date |
|---|---|
| Bid / Offer Opens on | 16-Jun-21 |
| Bid / Offer Closes on | 18-Jun-21 |
| Finalisation of Basis of Allotment | 23-Jun-21 |
| Initiation of refunds | 24-Jun-21 |
| Credit of the Equity Shares | 25-Jun-21 |
| Commencement of trading – Listing | 28-Jun-21 |
KIMS IPO DRHP & RHP
KIMS IPO – FAQS
When KIMS IPO will open ?
The KIMS IPO opens on June 16, 2021 and closes on June 18, 2021
What is the lot size of KIMS IPO ?
KIMS IPO lot size is 18 Shares and the minimum order quantity is 18 Shares.
What is the price band for KIMS IPO ?
The KIMS IPO price band from ₹ 815 to ₹ 825 per equity share
Who is the Registrar for KIMS IPO ?
The Registrar is Link Intime India Private Ltd
How to apply in KIMS IPO through UPI?
Check the step by step process here – Click here