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Let’s have a detailed review of the company and analytics of the Krishna Institute of Medical Sciences Limited or KIMS Hospitals IPO release date, IPO offer price, subscription, KIMS Hospitals Limited IPO allotment, grey market price, and other details like the company’s background, its financial positions, its promoters, and other related things.

Face Value Rs 10
Price Band Rs 815 to Rs 825
Listing At BSE, NSE
Min. Order Quantity 18 Shares
Listing Date  Jun 28, 2021
Net Issue Rs 19437.4 Million
Fresh Issue Rs 2,000 Million
IPO Size Rs 21437.4 Million
Tick Size [●]

KIMS Hospitals IPO is listed at a [●] premium. Check out the live share price by clicking on the below link.

KIMS Hospitals IPO – Summary

KIMS Hospitals IPOThey are one of the largest corporate healthcare groups in AP and Telangana in terms of the number of patients treated and treatments offered, according to the CRISIL Report.

They 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.

The Company 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 December 31, 2020, which is 2.2 times more beds than the second-largest provider in AP and Telangana, according to the CRISIL report.

They offer a comprehensive range of healthcare services across over 25 specialties and super specialties, including cardiac sciences, oncology, neurosciences, gastric sciences, orthopedics, organ transplantation, renal sciences, and mother & child care.

The promoters of this company are DR. BHASKARA RAO BOLLINENI, RAJYASRI BOLLINENI, DR. ABHINAY BOLLINENI, ADWIK BOLLINENI, AND BOLLINENI RAMANAIAH MEMORIAL HOSPITALS PRIVATE LIMITED. The lead managers of the issue are Kotak Mahindra Capital Company Limited, Axis Capital Limited, Credit Suisse Securities (India) Private Limited, IIFL Securities Limited. The registrar of this IPO is KFin Technologies Private Limited.

KIMS Hospitals IPO Date

The opening and the closing date of the IPO of KIMS Hospitals Limited are Jun 16, 2021, and Jun 18, 2021, respectively.

Check out Related IPO Links:

KIMS Hospitals IPO GMP
Allotment of KIMS Hospitals IPO 

KIMS Hospitals IPO Subscription

Day / Date QIB NII RII Employee Total Subscription
1st Day – 16 Jun 0.14x 0.02x 1.00x 0.27x 0.27x
2nd Day – 17 Jun 0.32x 0.09x 1.95x 0.66x 0.56x
3rd Day –  18 Jun 0.46x 0.19x 2.43x 0.86x 0.75x
Shares Offered or Net Issue 7,722,708 3,861,353 2,574,235 254,777 14,413,073

The shares subscribed by the public will be updated here.

KIMS Hospitals IPO Allotment Status

Here, you can find the Allotment Status of this IPO.

Allotment of Equity Shares pursuant to the Fresh Issue and transfer of the Offered Shares of the Promoter Selling Shareholders pursuant to the Offer for Sale to the successful Bidders. However, the Allotment Status is not yet disclosed.

KIMS Hospitals Limited IPO Listing Date

Find the dates below on basis of allotment, refund, listing, and more:

Basis of Allotment Finalization Jun 23, 2021
Refunds Initiation Jun 24, 2021
Credit of Shares to Demat Account Jun 25, 2021
Share Listing Date Jun 28, 2021

KIMS Hospitals IPO Price Band / Cash Price

The face value of each share is Rs.10, but the price band of the IPO is Rs 815 to Rs 825

KIMS Hospitals IPO Equity Size

The initial public offer of Equity Shares comprising the Fresh Issue and the Offer for Sale. The Offer comprises
the Net Offer and Employee Reservation Portion

KIMS Hospitals IPO Share Offering

Fresh Issue: The Fresh Issue of [●] Equity Shares by their Company, aggregating to Rs.2,000 Million,

Net Offer: The Offer less than Employee Reservation Portion

Offer for Sale: Offer for sale consists of Up to 21,340,931 *Equity Shares of the face value of Rs.10 each, aggregating Rs.19437.4 Million.

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    KIMS Hospitals IPO – Live Performance

    The listing date of this IPO is NA. You can check the live performance of the IPO here, only after it is listed on exchanges.

    KIMS Hospitals IPO Grey Market Premium

    The KIMS Hospitals Limited IPO Grey Market Premium price is Rs X, the Kostak rate is Rs X and the Subject to Sauda is X. 

    KIMS Hospitals – Company Overview

    They have 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, their founder and Managing Director, and Dr. Abhinay Bollineni, their Executive Director and CEO.

    Their first hospital in their network was established in Nellore in 2000 and has a capacity of approximately 200 beds. Their 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.

    They have significantly expanded their hospital network in recent years through their acquisitions of hospitals in Ongole in Fiscal Year 2017, Vizag and Anantapur in the Fiscal Year 2019, and Kurnool in Fiscal Year 2020. Approximately one-third of their 3,064 beds were launched in the last four years.

    KIMS Hospitals – Business Verticals

    Their revenue is diversified across specialties and their doctors. In Fiscal Year 2020, their total income mix was 20.98% from cardiac sciences, 14.67% from neurosciences, 9.90% from renal sciences, 7.62% from orthopedics, 6.87% from gastric sciences, 6.98% from oncology, 8.71% from mother & child care, 22.07% from others, and 1.35% from other income. In the same year, their top 10 doctors contributed 18.37% of their total income and the top 25 doctors contributed 31.52% of their total income.

    KIMS Hospitals – Financial Statements

    A summary of the financial position of the company is presented below:

    Financial Summary:

    Amount (in INR & Million)
    31-Dec-20 31-Mar-20 Mar-19 31-Mar-18
    Total Assets 12,874.20 11,958.90 11,176.02 9,580.12
    Total Revenue 9,773.77 11,287.28 9,238.67 7,000.49
    Total Expense 7,793.82 7,579.74 9,389.10 7,213.93
    Profit After Tax 1,468.58 1,150.72 (485.86) (461.90)

    Earnings per Equity Share (in Million)

    31-Mar-20 Mar-19 31-Mar-18
    Basic & Diluted 20.67 (2.03) (5.13)


    KIMS Hospitals Limited IPO – Promoters

    The Promoters of this company are:


    List of Related Parties (Key Managerial Personnel)

    • Vikas Maheshwari, Chief Financial Officer
    • Umashankar Mantha, Company Secretary and Compliance Officer

    Business Strategies of KIMS Hospitals Limited

    • Strengthen their existing hospitals and specialties
    • Strategically grow their presence in adjacent markets
    • Implementation of initiatives to improve existing operational efficiencies
    • Invest in digital health care and technology

    KIMS Hospitals IPO Offer Details or Issue Details

     Particulars  No. Of Equity Shares
     Equity Shares Offered  Up to [●] *Equity Shares aggregating up to Rs.to 21437.4 Million
    of which:
    Fresh Issue Up to [●] Equity Shares aggregating up to Rs.2,000 Million
    Offer for Sale Up to 21,340,931 Equity Shares aggregating up to Rs.to 19437.4 Million
    Employees Reservation Portion Up to [●] Equity Shares aggregating up to Rs.to [●]
    Net Offer Up to [●] Equity Shares aggregating up to Rs.to [●]
     Of which:
    QIB Category Not less than [●] Equity Shares
    Non-Institutional Category Not more than [●] Equity Shares
    Retail Category Not more than [●] Equity Shares
    *Equity Shares outstanding prior to the Issue 77,593,283 Equity Shares
     *Equity Shares outstanding after the Issue [●] Equity Shares


    KIMS Hospitals IPO Issue Object

    Their Company proposes to utilize the funds towards funding the following objects

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

    KIMS Hospitals IPO – Basis of the Offer Price

    The IPO offer price is determined by the company and the lead managers by market evaluation and book-building process. The price is also influenced by various qualitative and quantitative factors. Some such factors are discussed below.

    Some of the qualitative factors which form the basis for the Offer Price are:
    1. Regional leadership through delivering clinical excellence and affordable healthcare.
    2. Ability to attract, train and retain high-quality doctors, consultants, and medical support staff.
    3. Track record of strong operational and financial performance.
    4. Well-positioned to consolidate in India’s large, unorganized yet rapidly growing and underserved affordable healthcare market.
    5. Disciplined approach to acquisitions resulting in successful inorganic growth.
    6. Experienced senior management team with strong institutional shareholder support.

    The relevant quantitative factors are:

    Basic  EPS RONW (%) NAV (Rs.)
    31-Mar-20 16.00 19.93 80.30
    31-Mar-19 (6.89) (8.82)
    *31-Mar-18 (9.44) NA

    KIMS Hospitals IPO: Competitive Peers

    Particulars Face Value  (in Rs.) EPS (In Rs.) Basic P/E Ratio RONW (%)  NAV (In Rs.)
    KIMS Hospital 10 16.00 [●] 19.93% 80.30
    –Peer Group–
    Apollo Hospitals Enterprise Limited 5 32.70 93.6 12.91 240.01
    Fortis Healthcare Limited 10 0.77 208.6 1.37 88.23
    Narayana Hrudayalaya Limited 10 5.86 76.8 10.48 55.99
    Max Healthcare Institute Limited 10 1.77 103.8 9.66 18.38

    KIMS Hospitals IPO Lead Managers

    Lead Managers
    Kotak Mahindra Capital Company Limited,

    Axis Capital Limited,

    Credit Suisse Securities (India) Private Limited,

    IIFL Securities Limited

    KIMS Hospitals IPO Registrar to offer

    Registrar to offer
    KFin Technologies Private Limited#
    Selenium Building, Tower B, Plot No. 31-32
    Financial District, Nanakramguda,
    Hyderabad, Rangareddi 500 032
    Telangana, India
    Tel: + 91 40 6716 2222
    E-mail: einward.ris@karvy.com
    Website: www.kfintech.com
    Investor Grievance ID:
    Contact Person: M. Murali Krishna
    SEBI Registration Number: INR000000221

    KIMS Hospitals IPO – Other Details

    • Statutory Auditor – S. R. Batliboi & Associates LLP
    • Legal Counsel to the Company – Shardul Amarchand Mangaldas & Co., Shardul Amarchand Mangaldas & Co.
    • Bankers to the Company – Federal Bank, HDFC Bank Limited, Standard Chartered Bank, NIIF Infrastructure Finance Limited,

    KIMS Hospitals IPO Review by Top 10 Stock Brokers

    Top Stock Brokers Review Company Reputation Competitive Edge Financial Statement Popularity Index Promoters Reputation
    Angel Broking 6.2/10 6.3/10 6.2/10 6.6/10 ‘6.3/10
    Sharekhan 6.2/10 6.1/10 6.6/10 6.1/10 6.2/10
    Kotak Securities 6.3/10 6.2/10 6.3/10 *6.1/10 6.3/10
    ICICI Direct 6.3/10 6.3/10 6.7/10 6.1/10 6.1/10
    IIFL ‘6.2/10 6.2/10 6.8/10 6.5/10 6.1/10
    Edelweiss 6.2/10 6.3/10 6.3/10 *6.3/10 6.2/10
    Zerodha 6.3/10 6.1/10 6.2/10 6.1/10 6.0/10
    5Paisa 6.1/10 6.1/10 6.3/10 6.1/10 6.1/10
    Karvy 6.3/10 6.3/10 6.2/10 6.1/10 6.1/10
    Motilal Oswal 6.4/10 6.3/10 6.6/10 ‘6.3/10 6.2/10


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      KIMS Hospitals IPO News

      News 1: KIMS Hospitals Limited IPO DRHP Download

      KIMS Hospitals IPO Review FAQs

      What is the Issue Size of KIMS Hospitals IPO?

      The Company is making an initial public offer of NA equity shares. We vividly portray the aspects of the issue in this article. You can check the stats on the fresh issue, Offer for sale, and net issue.

      What is the Price band of KIMS Hospitals IPO?

      The price band for this particular IPO ranges between Rs 815 to Rs 825. As far as the face value of the share is of concern, it is Rs.10 per share.

      What is the KIMS Hospitals IPO Open Date?

      The opening and closing dates for this IPO have been updated. The IPO is set to open on Jun 16, 2021, while the closing date is set at Jun 18, 2021.

      What is the KIMS Hospitals IPO Allotment Date?

      We also have the news regarding the respective allotment dates of this IPO. Basis of Allotment finalization is on Jun 23, 2021, refund initiation is on Jun 24, 2021, credit of shares is on Jun 25, 2021, and share listing date is on Jun 28, 2021.

      What is the KIMS Hospitals IPO Listing Date?

      Shares of this company shall be listed in the exchanges on Jun 28, 2021. The date, when the listing would be done, is stagnant on Jun 28, 2021.

      Who is the Registrar of KIMS Hospitals IPO?

      One of the reputed registrars is managing the issue of this IPO, i.e. KFin Technologies Private Limited#. Their website will help you regarding the further information you are on the lookout for.

      Who is the Promoter of KIMS Hospitals IPO?

      Here are the promoters of this IPO – DR. BHASKARA RAO BOLLINENI, RAJYASRI BOLLINENI, DR. ABHINAY BOLLINENI, ADWIK BOLLINENI, AND BOLLINENI RAMANAIAH MEMORIAL HOSPITALS PRIVATE LIMITED. You can refer to the RHP for further information on the promoter. You will find the link to RHP in the article.

      What is the GMP of KIMS Hospitals IPO?

      We have obtained the GMP of this IPO and it is NA. Further insights of Kostak rate and subject to sauda or SS are as well included in this report.

      Is KIMS Hospitals IPO good for Investment?

      We have further provided the financial status of the company in this article, from the past few years. You can refer to the same, and also check the line of operations they are into and then decide to invest in the IPO.

      What is the PAT of KIMS Hospitals Company?

      We have the information of company financials, and according to that, we have the figures from the last few years to provide. PAT for the financial year 2020 in Million is 1,150.72, 2019 is (485.86), 2018 is (461.90). PAT from Dec 2020 is 1,468.58.

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