Krsnaa Diagnostics Limited IPO [INITIAL PUBLIC OFFERING] Detail
About The Krsnaa Diagnostics Limited
Krsnaa Diagnostics Limited (“Company” or the “Issuer”) was originally incorporated as ‘Krsna Diagnostics Private Limited’ at Pune, Maharashtra as a private limited company under the Companies Act, 1956, pursuant to a certificate
of incorporation dated December 22, 2010, issued by the Registrar of Companies, Maharashtra at Pune (“RoC”). The name of the Company was subsequently changed to ‘Krsnaa Diagnostics Private Limited’, pursuant to a fresh certificate
of incorporation issued by the RoC on January 29, 2015. Thereafter, the Company was converted into a public limited company pursuant to a special resolution passed in the extraordinary general meeting of the Shareholders of our
Company held on April 25, 2021 and consequently the name of the Company was changed to its present name pursuant to a fresh certificate of incorporation issued by the RoC on May 6, 2021.
one of the largest differentiated diagnostic service provider in India (Source: CRISIL Report).
Corporate Identity Number: U74900PN2010PLC138068
Registered and Corporate Office: S.No. 243/A, Hissa No. 6, CTS No. 4519, 4519/1, Near Chinchwad Station, Chinchwad, Taluka – Haveli, Pune – 411 019, Maharashtra; Telephone: +91 20 4695 4695
Contact Person: Manisha Chitgopekar, Company Secretary and Compliance Officer;
Telephone: +91 20 4695 4695;
E-mail: cs@krsnadiagnostics.com;
Website: www.krsnaadiagnostics.com
Company Promoters
RAJENDRA MUTHA
Company Financials
Summary of Restated Consolidated Financial Information
For the year/period ended ( ₹ in Million)
| Particulars | |||
|---|---|---|---|
| 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |
| Total Revenue | 6,614.76 | 2713.79 | 2,143.15 |
| Profit After Tax | 1,849.29 | (1,119.51) | (580.57) |
| Total Asset | 6,045.30 | 6,299.82 | 5,289.85 |
Krsnaa Diagnostics Limited – IPO Details
IPO Details
| Issue Open Date | 4 Aug 2021 |
| Issue Close Date | 6 Aug 2021 |
| Issue Type | Book Built |
| Face Value | ₹ 5 per equity share |
| IPO/Issue Price | ₹ 933 to ₹ 954 per equity share |
| Market Lot | 15 Shares |
| Min Order Quantity | 15 Shares |
| Listing At | BSE, NSE |
IPO/ Issue Time Line [Tentative]
Issue Open Date
Issue Close Date
Basis of Allotment Date
Initiation of Refunds
Credit of Shares to Demat Account
IPO Listing Date
Objects of the Issue
The Company proposes to utilize the Net Proceeds from the Offer towards funding the following objects:
1. To finance the cost of establishing diagnostics centres at Punjab, Karnataka, Himachal Pradesh and
Maharashtra.
2. Repayment/pre-payment, in full or part, of borrowings from banks and other lenders availed by our Company;
and
3. General corporate purposes.
