Krishna Institute of Medical Sciences (KIMS) is launching its IPO. The public offer comprises fresh issuance of equity shares aggregating up to Rs. 200 crores and an offer for sale of 2.13 crore equity shares. For more information, you can refer to the IPO Prospectus filed by the company.
About the company
Krishna Institute of Medical Sciences (KIMS) is one of the largest corporate healthcare groups in Andhra Pradesh and Telangana in terms of the number of patients treated and treatments offered, operating operates nine multi-specialty hospitals under the ‘KIMS Hospitals’ brand, with an aggregate bed capacity of 3,064, including over 2,500 operational beds as of December 31, 2020.
KIMS offers a 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.
| Financial Year Ended | Revenue (₹ Crores) | PAT (₹ Crores) | EPS (₹) |
|---|---|---|---|
| March 2018 | 700.05 | -46.19 | -9.44 |
| March 2019 | 923.87 | -48.586 | -6.89 |
| March 2020 | 1,128.73 | 115.07 | 15.87 |
| Nine months ended December 2019 | 861.00 | 87.332 | 12.06 |
| Nine months ended December 2020 | 977.38 | 146.86 | 18.95 |
Tentative Schedule
| Event | Date |
|---|---|
| Issue Period | 16th June 2021 - 18th June 2021 |
| Price Range | ₹ 815 - 825 |
| Minimum Bid Quantity | 18 and in multiples thereof |
| Finalisation of Allotment | 23rd June 2021 |
| Initiation of Refunds | 24th June 2021 |
| Credit of Shares | 25th June 2021 |
| Listing Date | 28th June 2021 |
How do I apply to the KIMS IPO?
You can apply for the KIMS IPO using any supported UPI app by following two steps:
- Enter your bid on Console
- Accept UPI mandate on your phone
On acceptance of the mandate, the bid amount will get blocked in your bank account. Click here to learn more.