Krsnaa Diagnostics IPO Live Subscription Status

Live subscription status across each investor category and analyst recommendations
Krsnaa Diagnostics-ipo-subscription

Krsnaa Diagnostics IPO Subscription Status: FINAL

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

Investor CategoryQuotaSubscription
Institutional (QIB)75%49.83x
Non-Insti. (HNI)15%116.30x
Retail (RII)10%41.78x
Employe0.98x
Total Subscription100%64.35x

Krsnaa Diagnostics IPO Subscription: End of Day Update

DayDay 1Day 2Day 3
QIB 0.48x 0.50x 49.83x
HNI 0.15x 4.71x 116.30x
Retail 9.45x 21.74x 41.78x
Employee 0.21x 0.51x 0.98x
Total 1.98x 5.35x 64.35x

Krsnaa Diagnostics IPO Subscription: Analyst Recommendations

CHOICE BROKING – SUBSCRIBE with Caution [ Report ]

“KDL is loss-making on adjusted PAT basis making P/E comparison with peers irrelevant. On P/S basis, at the higher price band of Rs954, the issue is valued at P/S of 7.6x. Based on our quick estimates, the issue is valued at P/E of 72x on FY23E compared to peers’ average P/E ~55x. Thus, KDL’s issue seems aggressively priced”

Religare broking – SUBSCRIBE FOR LONG-TERM

“With promising industry growth prospects coupled with company’s strong execution track record, we have a positive on the company for long term”

ANAND RATHI – SUBSCRIBE

The company is available at the upper end of the IPO price band at 77.7x its FY21 earnings, with a market cap of Rs. 29,941 million. Further on FY21 earnings basis, the company is trading below the industry average of 85.99x.”

Krsnaa Diagnostics IPO Subscription: Key IPO Details

TypeValue
Issue Size₹1,213.33 Cr
Open Date04/08/2021
Close Date06/08/2021
Face Value₹5/- per Equity Share
IPO Price₹933 – ₹954
Lot Size15 shares
LotsMin 1 – Max 13

Krsnaa Diagnostics IPO Subscription: Financials

201920202021
Revenue from Ops₹209.23 Cr₹258.43 Cr₹396.46 Cr
Profit before Excep*₹(77.73) Cr₹(158.33) Cr₹295.45 Cr
Profit after Tax(58.06) Cr₹(111.95) Cr₹184.93 Cr
EPS (Basic)(120.28)(216.94)24.51
*Tax and Exceptional Items
As of March 2020EPS (Avg*)P/E (Floor)P/E (Cap)
Based on basic EPS17.4053.6254.82
* Weighted Average for last 3 years

Krsnaa Diagnostics IPO: Comparison with listed industry peers

CompanyP/E (Cap)
Krsnaa Diagnostics54.82
Highest (Dr. Lal Path)94.32
Lowest (Metropolis Health)77.65
Sector Avg85.99

Krsnaa Diagnostics IPO Subscription – FAQs

1. How to apply for Krsnaa Diagnostics IPO in the Retail Category?

A: An investor in the retail category may either apply through the UPI process via DEMAT account or the ASBA process via bank account

2. How to apply for Krsnaa Diagnostics IPO in HNI Category?

A: An investor can apply in the HNI category only through the ASBA process via bank account

3. Where can I find the Red Herring Prospectus (RHP) details?

A: You can visit the NSE or SEBI website for these details. Alternately you can click here: RHP

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