Friday, June 11, 2021

KIMS IPO Date, Review, Price, Form & Market Lot Details


KIMS Hospital aka KIMS IPO might hit the market on 16 June 2021 and closes on 18 June 2021. Krishna Institute of Medical Sciences to raise around ₹2144 Crore via initial public offer.

Krishna Institute of Medical Sciences aka KIMS IPO launch date is 16 June 2021. KIMS coming with fresh issue of ₹200 crore and offer for sale of up to 23,560,538 shares ₹1944 crore. They are one the largest corporate healthcare groups based in Andhra Pradesh and Telangana. Their key focused is multi-disciplinary in tier 2-3 cities. The services includes oncology, cardiac sciences, neurosciences, gastric sciences, orthopaedics, renal sciences, organ transplantation, and mother & child care. They operates in 9 multi-speciality hospitals with a brand name KIMS Hospital. They have around 3000+ bed capacity with 2500 operational beds. Check out for KIMS IPO details.

Important Details:
Earnings Per Share (EPS): ₹15.87 Price/Earnings
(PE ratio): Adding Soon
Return on Net Worth (RONW): 19.93%
Net Asset Value (NAV): ₹80.30 per share

Krishna Institute of Medical Sciences Ltd


    KIMS IPO Review

    • Apply with Short Term and Long Term

    Brokerage Firm IPO Reviews

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    • Capital Market: Adding Soon
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    • Reliance Securities: Adding Soon
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    • ICICI Securities: Adding Soon

    KIMS IPO Date & Price Band

     IPO Open:  16 June 2021
     IPO Close:  18 June 2021
     IPO Size:  Approx ₹2144 Crores
     Fresh Issue:  Approx ₹200 Crores
     Offer for Sale:  Approx 23,560,538 equity shares - ₹1944 Crores
     Face Value:  ₹10 Per Equity Share
     Price Band:  ₹815 to ₹825 Per Share
     Listing on:  BSE & NSE
     Retail Portion:  10%
     Equity:  23,560,538 Shares
     Employee Discount:  ₹40 Per Equity Share

    KIMS IPO Market Lot

    The KIMS IPO minimum market lot is 18 shares with ₹14850 application amount. The retail investors can apply up-to 13 lots with 234 shares or ₹194740 amount.
     
     Minimum Lot Size:  Minimum 18 Shares
     Minimum Amount:  ₹14,850
     Maximum Lot Size:  Maximum 234 Shares
     Maximum Amount:  ₹1,93,050

    KIMS IPO Allotment & Listing

    The KIMS IPO date is 16 June and the close date is 18 June 2021. The allotment will be finalized on 23 June 2021 and the IPO may list on 28 June 2021.
     
     Basis of Allotment:  23 June 2021
     Refunds:  24 June 2021
     Credit to Demat Account:  25 June 2021
     Listing Date:  28 June 2021

    KIMS IPO Form

    How to apply the KIMS IPO? You can apply KIMS IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the KIMS IPO in the Invest section. The other option you can apply KIMS IPO via IPO forms download via NSE and BSE. Check out the KIMS forms - click NSE Forms & BSE Forms blank IPO forms download, fill and submit in your bank or with your broker.


    KIMS Company Financial Report

    The KIMS financial reports looks good. In, Covid the Institute got an increase in revenues and income increased compare to last few years.

      ₹ in Crores

    Revenue Expense Income
    2018 ₹700 ₹721 -₹43.90
    2019 ₹924 ₹939 -₹49.80
    2020 ₹1129 ₹988 ₹114.10
    2021 9M
    ₹977 ₹779 ₹145.70

    Company Promoters

    • Dr Bhaskara Rao Bollineni
    • Rajyasri Bollineni
    • Dr Abhinay Bollineni
    • Adwik Bollineni
    • Bollineni Ramanaiah Memorial Hospitals Private Limited

    About KIMS

    We are 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. We provide 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. We operate 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 December 31, 2020, which is 2.2 times more beds than the second largest provider in AP and Telangana, according to the CRISIL report. We 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.

    We have grown from a single hospital to a chain of multi-speciality hospitals through organic growth and strategic acquisitions under the leadership of Dr. Bhaskara Rao Bollineni, our founder and Managing Director, and Dr. Abhinay Bollineni, our Executive Director and CEO. Our first hospital in our network was established in Nellore in 2000 and has a capacity of approximately 200 beds. Our flagship hospital at Secunderabad is one of the largest private hospitals in India at a single location (excluding medical colleges), according to the CRISIL Report, with a capacity of 1,000 beds. We have significantly expanded our hospital network in recent years through our acquisitions of hospitals in Ongole in Fiscal Year 2017, Vizag and Anantapur in Fiscal Year 2019 and Kurnool in Fiscal Year 2020. Approximately one-third of our 3,064 beds were launched in the last four years. We have added over 880 beds, in aggregate, in our hospitals in Visakhapatnam (Vizag), Anantapur and Kurnool in Fiscal Years 2019 and 2020, and improved the overall bed occupancy rate in these hospitals from 71.83% to 80.49% in the same period. We strive to provide quality service to more patients, and we believe we have scope for additional patients and improved occupancy rates. We strategically focus on the southern India healthcare market where we have a strong understanding of regional nuances, customer culture and the mind-set of medical professionals and where there is significant and growing need for quality and affordable healthcare services. Each of our hospitals also has integrated diagnostic services and pharmacies that cater to our patients.

    Dr. Bhaskara Rao Bollineni is a renowned cardiothoracic surgeon in India. He has over 27 years of experience in cardiothoracic surgery and has worked in several other leading medical institutions in the country. He started KIMS Nellore in the year 2000 with the vision to create a hospital system for his home state of AP that is capable of attracting top medical talent and providing high-quality care at affordable prices. Under his leadership, and that of Dr. Abhinay Bollineni, who joined KIMS in 2014, we have expanded into nine cities across AP and Telangana through a combination of greenfield, brownfield and acquisition-led expansion. Dr. Abhinay assumed our CEO position in 2019 and played a leadership role in expanding the KIMS’ network over the last 5 years, including in the launch of KIMS Kondapur and the acquisitions of our hospitals in Ongole, Vizag, Anantapur and Kurnool. Today, our current network consists of hospitals strategically located to serve the healthcare needs of AP and Telangana across urban Tier 1 cities such as Secunderabad and Hyderabad and more rural Tier 2-3 areas such as Vizag, Nellore, Rajahmundry, Srikakulam, Ongole, Anantapur and Kurnool. We believe our hospitals are also situated well to capture patient in-flow across AP and Telangana and from the neighboring states of Karnataka, Odisha, Tamil Nadu and parts of central India. We also believe that affordability and quality of healthcare services provided by us and our track record of building long-term relationships with medical professionals including our doctors, has enabled our growth and helped us build our ‘KIMS Hospitals’ brand.

    Quick Links

    DRHP Draft Prospectus
    RHP Draft Prospectus

    KIMS IPO Registrar

    Link Intime India Private Ltd
    C 101, 247 Park, L.B.S.Marg,
    Vikhroli (West), Mumbai - 400083
    Phone: +91-22-4918 6270
    Email: kims.ipo@linkintime.com
    Website: http://www.linkintime.co.in
    Note:
     Check KIMS IPO allotment status on Linkintime website allotment URL. Click Here


    KIMS IPO Lead Managers

    • Axis Capital Limited
    • Credit Suisse Securities (India) Private Limited
    • IIFL Holdings Limited
    • Kotak Mahindra Capital Company Limited

    Company Address

    Krishna Institute of Medical Sciences Limited
    D. No. 1-8-31/1, Minister’s Road,
    Secunderabad – 3, 500 003
    Phone: +91 40 4418 6000
    Email: cs@kimshospitals.com
    Website: http://www.kimshospitals.com/

    KIMS IPO FAQs


    What is KIMS IPO?

    KIMS IPO is a main-board IPO. They are going to raise ₹2144 Crores via IPO. The issue is priced at ₹815 to ₹825 per equity share. The IPO to be listed on BSE & NSE.

    When KIMS IPO will open?

    The IPO is to open on 16 June 2021 for QIB, NII, and Retail Investors.

    What is KIMS IPO Investors Portion?

    The investors' portion for QIB 75%, NII 15%, and Retail 10%.

    How to Apply the KIMS IPO?

    You can apply KIMS IPO via ASBA online via your bank account. You can also apply ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

    How to Apply the KIMS IPO through Zerodha?

    Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name "KIMS". Click on Bid Button. Enter your UPI ID, Quantity and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.

    What is KIMS IPO Size?

    KIMS IPO size is ₹2144 crores.

    What is KIMS IPO Price Band?

    KIMS IPO Price Band is ₹815 to ₹825.

    What is KIMS IPO Minimum and Maximum Lot Size?

    The minimum bid is 18 Shares with ₹14,850 amount while maximum bid is 234 shares with ₹1,93,050.

    What is KIMS IPO Allotment Date?

    KIMS IPO allotment date is 23 June 2021.

    What is KIMS IPO Listing Date?

    KIMS IPO listing date is 28 June 2021. The IPO to list on BSE and NSE.

    Note: The KIMS IPO price band and date will be added as it will be officially announced. The IPO grey market premium (KIMS IPO Premium) will be added on the IPO grey market page as it will start)