KIMS Hospital IPO

Krishna Institute of Medical Sciences Limited (KIMS) is incorporated in 1973, It is one of the largest healthcare groups in AP and Telangana. KIMS provides multi-disciplinary healthcare services with a key focus on primary, secondary, & tertiary care in tier 2-3 cities. The company offers a comprehensive range of healthcare services including oncology, cardiac sciences, neurosciences, gastric sciences, orthopaedics, renal sciences, organ transplantation, and mother & child care.

As of March 31, 2021, it operates through 9 multi-speciality hospitals under the name of “KIMS Hospitals” with an aggregate bed capacity of 3,064 under the “KIMS Hospitals” brand, with an aggregate bed capacity of 3,064 including over 2,500 operational beds.

IPO Details

IPO Opening Date

June 16, 2021

IPO Closing Date

June 18, 2021

Issue Type

Book Built Issue IPO

Face Value

₹10 per equity share

IPO Price

₹815 to ₹825 per equity share

Market Lot

18 Shares

Min Order Quantity

18 Shares

Listing at

BSE, NSE

Competitive Strengths

  • One of the largest corporate healthcare service provider in AP and Telangana.
  • Highly qualified and trained doctors and medical support staff.
  • Strong operational and financial performance.
  • Experienced managerial team.

Company Promoters

Dr. Bhaskara Rao Bollineni, Rajyasri Bollineni, Dr. Abhinay Bollineni, Adwik Bollineni, and Bollineni Ramanaiah Memorial Hospitals Private Limited are the company promoters.

IPO Lot Size

The KIMS IPO market lot size is 18 shares. A retail-individual investor can apply for up to 13 lots (234 shares or ₹193,050).

Application

Lots

Shares

Amount (Cut-off)

Minimum

1

18

14,850

Maximum

13

234

193,050