Everything You Need to Know About the Krsnaa Diagnostics IPO

Stocks IPOs
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Krsnaa Diagnostics is launching its IPO. The public offer comprises a fresh issue of equity shares aggregating up to Rs. 400 crores and an offer for sale of 85.25 lakh equity shares from existing shareholders.

About the company:

Krsnaa Diagnostics is one of the largest differentiated diagnostic service providers in India. It provides a range of technology-enabled diagnostic services such as imaging, pathology/clinical laboratory, and tele-radiology services to public and private hospitals, medical colleges, and community health centers pan-India.

The company focuses on the public-private partnership (PPP) diagnostics segment and has the largest presence in the diagnostic PPP segment. In addition to the PPP segment, it also provides private healthcare providers to operate diagnostic centers within their facilities and has grown from operating 20 diagnostic centers as of March 2021 to 26 such diagnostic centers as of June 2021.

The company has an extensive network of integrated diagnostic centers across India primarily in non-metro and lower-tier cities and towns. Operating 1,823 diagnostic centers offering radiology and pathology services in 13 states across India, as of June 30, 2021.

Financial Snapshot:

Financial Year Ended Revenue (â‚ą Crores) PAT (â‚ą Crores) EPS (â‚ą)
March 2019 214.32 -58.06 -60.14
March 2020 271.38 -111.95 -108.47
March 2021 661.48 184.93 12.25

IPO Details:
Issue Period 4th August 2021 to 6th August 2021
Price Range â‚ą 933 to 954
Minimum Bid Quantity 15 and in multiples thereof
Finalisation of Allotment 11th August 2021
Initiation of Refunds 12th August 2021
Credit of Shares 13th August 2021
Listing Date 17th August 2021

How do I apply to the Krsnaa Diagnostics IPO?

You can apply for the Krsnaa Diagnostics 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 hereto learn more.

2 Likes
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@ShubhS9 looks like it’s gonna be a busy month for you :wink:
It’s raining IPOs in August…

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4 IPOs next week itself :joy:

Indian IPO market is in bull run like never before… proper FOMO…

even Robinhood would’ve enjoyed handsome gains if it listed in India :wink:

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Haha. Sab behti ganga mein hath dho rahe hain…
Btw, read an interesting story that all the biggies are planning to short Robinhood. Let’s see.

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Hello All,

Krssna diagnostics lot was allotted to me and received a message from CDSL that shares were credited to my demat account.

However, the upi mandate in gpay is showing status as “Payment failed”. How can I make sure the mandate is processed again? Does the bank do it automatically again or I have to do something?

And what if the mandate doesn’t process successfully? does that mean allotted shares would be cancelled?

Thanks in advance, your suggestion would help a lot.

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The registrar shares an allotment file with the banks based on which funds are debited from the account. You can write to the registrar at [email protected] to check why the transaction failed.

Your allotment won’t be cancelled. There might be some delays or issues in payment deduction but this doesn’t effect your allotment in any way.

1 Like
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Hello Shubh - Thank you so much brother. You just made my day man. This forum seems to be really helpful.

Glad to hear allotment wont be cancelled. It seems to be good company and I wanted to have a diagnostics in my portfolio.

Thanks again and keep helping people, I will do my best too.

Regards,
Raju Velgandula.