Krsnaa Diagnostics Ltd. IPO

Established in 2011 with an aim to provide quality diagnostic services at affordable prices, It is India’s largest service provider in Radiology and Pathology.

RHP
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DRHP
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Open Date

2021-08-04

Close Date

2021-08-06

IPO Details

Check out the issue details for Krsnaa Diagnostics Ltd. IPO as disclosed in SEBI.

IPO Price

₹ 954

Price Band

₹ 933- 954

Issue Size

1213.3 Cr.

Issue Type

Book Built

Open

2021-08-04

Close

2021-08-06

Listingprice

₹ 1005.55

ListingGain

5.40%

Listing Date

2021-08-16

CMP

₹ 575.3

Current Return

-39.70%

Company Financials

You can get the following financial statements of Krsnaa Diagnostics Ltd. as of now.

Subscription Details

The valuation of Krsnaa Diagnostics IPO company based on its price band and RHP is:

Particulars Value
Upper Price Band Rs 954
Total Shares (Qty) 2.71 Cr
Fresh Issue (Qty) 0.42 Cr
Market Cap 2986 Cr
EPS  Rs 71.86 
PE Ratio 13x
Industry PE 86x

 

Krsnaa Diagnostics IPO issue size is 1213.33 Cr

Issue Amount
Fresh Issue 400 Cr
Offer For Sale 813.33 Cr

 

An Individual can apply for a minimum 1 lot of 15 shares and a maximum of 13 lots of 195 shares. Find the details below:

Application Lot Shares Amount
 Minimum  1 15 Rs 14,310
 Maximum 13 195 Rs 1,86,030

 

Krsnaa Diagnostics IPO is subscribed 64.38 times till 6th August. It is Oversubscribed as of now. The category-wise subscription is as follows:

Category % Offered Subscription 
Qualified Institutional Minimum 75% 49.83 Times
Non-Institutional Maximum 15% 116.30 Times
Retail Individual Maximum 10% 41.95 Times
Employee 2.09 Lakh Shares 0.98 Times
Total 100% 64.38 Times

Allotment Details

Once you have subscribed to an IPO, you have to wait for its allotment to your account. Find below the dates of allotment of Krsnaa Diagnostics IPO:

Schedule Date
Basis of Allotment 11 August 2021
Refunds 12 August 2021
Credit to Demat Account 13 August 2021
IPO Listing Date 16 August 2021

 

When the allotment is out, you can check it from the registrar's website. Find the Krsnaa Diagnostics IPO allotment status here.

Check allotment status

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 209.24 258.43 396.46 454.89 464.08
Total Expenditure 246.83 372.64 302.65 320.34 339.84
Operating Profit -37.6 -114.21 93.81 134.55 124.25
Other Income 5.08 12.95 265.02 14.93 19.41
Interest 19.57 24.66 25.94 18.49 7.68
Depreciation 25.64 32.41 37.44 41.39 53.78
Exceptional Items 0 0 0 0 0
Profit Before Tax -77.73 -158.33 295.45 89.6 82.19
Provision for Tax -19.67 -46.38 110.52 18.9 18.68
Net Profit -58.06 -111.95 184.93 70.7 63.51
Adjusted EPS (Rs.) -5.62 -10.84 14.24 2.25 2.02

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 20.19 20.19 248.89 15.7 15.7
Total Reserves -105.11 -217.16 -17.02 671.05 726.8
Borrowings 92.02 122.71 167.95 33.07 24.28
Other N/C liabilities 304.98 431.28 20.91 37.59 47.35
Current liabilities 173.32 180.8 188.55 119.64 95.25
Total Liabilities 485.4 537.81 609.28 877.06 909.38
Assets
Net Block 223.09 275.1 308.51 385.69 470.68
Capital WIP 41.66 9.13 3.72 28.26 25.48
Intangible WIP 0.13 0 0 0 0
Investments 0.29 0.29 0.29 0.36 0.36
Loans & Advances 13.84 28.16 33.83 17.87 26.37
Other N/C Assets 17.81 11.51 10.04 109.11 159.91
Current Assets 188.59 213.63 252.89 335.77 226.59
Total Assets 485.4 537.81 609.28 877.06 909.38
* Other Non-current Liabilities include Net deferred Liabilities

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Other Income 4.55 5.94 4.22 4.16 4.08
Profit Before Tax 22.17 14.2 18.72 14.18 16.87
Tax 5.3 2.39 3.47 2.88 3.28
Profit After Tax 16.87 11.81 15.25 11.31 13.59
Adjusted EPS (Rs) 5.37 3.76 4.86 3.6 4.21

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2024 27.03 0
Dec 2023 27.03 0
Sep 2023 27.8 0
Jun 2023 27.8 0
Mar 2023 27.8 0
* Figures given above are % of equity capital

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Profit from operations -77.73 -158.33 295.45 89.6 82.19
Adjustment 139.61 225.66 -198.74 49.2 44.79
Changes in Assets & Liabilities 3.37 -19.32 29.62 -3.46 -38.37
Tax Paid -6.99 -10.2 -7.67 -6.63 -13.13
Operating Cash Flow 58.27 37.81 118.66 128.71 75.48
Investing Cash Flow -199.25 -76.65 -67.37 -241.1 -108.54
Financing Cash Flow 124.27 5.78 20.03 176.04 -33.13
Net Cash Flow -16.72 -33.06 71.32 63.65 -66.19
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