HomeIPOKrishna Institute of Medical Sciences - KIMS IPO Details

Krishna Institute of Medical Sciences – KIMS IPO Details

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KIMS IPO Date, Price, GMP, Review, Allotment, Subscription, Analysis & Documents

KIMS IPO

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

DateDetails
July 26, 1973The Company was incorporated as ‘Jagjit Singh and Sons Private Limited’, a private limited company
January 29, 2003The Company changed the location of its registered office from the State of Maharashtra to the erstwhile State of Andhra Pradesh
January 2, 2004The name of the Company was changed to ‘Krishna Institute of Medical Sciences Private Limited’
January 29, 2004Further, 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

DescriptionDetails
Public IssuePublic 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  Date16-Jun-21
Issue Close Date18-Jun-21
Issue TypeBook 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 InvestorRs. 2,00,000
Listing BSE, NSE
NSE SymbolKIMS
IPO Market Timings 10.00 a.m. to 5.00 p.m.

KIMS IPO Lot Size

ApplicationLotsNo of SharesAmount (Rs)
Minimum11814,850
Maximum132341,93,050

Objects of the Issue

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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”):

  1. repayment/pre-payment, in full or part, of certain borrowings availed by the Company and by the Subsidiaries viz KHKPL, SIMSPL and KHEPL; and
  2. 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

DetailsDate
Bid / Offer Opens on16-Jun-21
Bid / Offer Closes on18-Jun-21
Finalisation of Basis of Allotment23-Jun-21
Initiation of refunds 24-Jun-21
Credit of the Equity Shares25-Jun-21
Commencement of trading – Listing28-Jun-21

KIMS IPO DRHP & RHP

KIMS IPO DRHP
KIMS IPO 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

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