KIMS Hospital IPO of 2144 Cr Opens : GMP Today, Share Price, Dates, and more

Considering current times, an IPO from the hospital industry is definitely going to be the talk of the town in the Indian Stock Market space.

by FighterMan Updated: 20 Jun, 2021, 11:27 IST
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The Andhra Pradesh based hospital chain, Krishna Institute of Medical Sciences (KIMS) Limited will soon open doors of its IPO. This 2144 crores IPO will be the 4th IPO of June 2021 joining Shyam Metalics, Sona Comstar, and Dodla Dairy. Considering current times, an IPO from the hospital industry is definitely going to be the talk of the town in the Indian Stock Market space. Let's go through its GMP today, share price, important dates, and subscription review.

kims hospital ipo
KIMS Hospital IPO Important Dates : Opening, Closing, Listing

Below are all the important dates of the KIMS Hospital IPO including opening, closing, and listing dates.

Related Read : Blackstone's Sona BLW Comstar IPO Opens : GMP Today, Share Price, Dates

KIMS IPO Important Dates, June 2021

Opens on

16th

Closes on

18th

Allotment Notification

23rd

Shares Allotment

25th

Refund

24th

Listing on BSE & NSE

28th

KIMS IPO GMP Today

The GMP Today (15th June 2021, 09:36) of KIMS IPO is Rs 160. Stay tuned for latest updates on its grey market premium.

Date & Time GMP / Grey Market Premium
14th June 2021, 10:51 Rs 142
15th June 2021, 09:36 Rs 160
16th June 2021, 10:57 Rs 60
17th June 2021, 12:50 Rs 75
KIMS Hospital IPO Share Price

The KIMS Hospital IPO share price is Rs 815-825 per equity share. Its face value is Rs 10/share. Besides, its market lot is 18 shares so you need to buy this minimum quantity at a price of Rs 14,850. The issue size is Rs 2144 crores. Its fresh issue contains around 2424K shares while the sale offer has approx 23560K shares.

Krishna Institute of Medical Sciences Limited Company Profile

Krishna Institute of Medical Sciences Limited is a healthcare group based in Telangana and AP. The KIMS Hospital started its operations 48 years back and is one of the leading hospitals in its region. It offers oncology, cardiac sciences, neurosciences, gastric sciences, orthopedics, renal sciences, organ transplantation, and mother & child care services.

Related Read : Shyam Metalics IPO Opens : GMP Today, Share Price, Dates, Subscribe or Not

Should you Subscribe to KIMS Limited IPO or Not?

KIMS Limited has a total of 9 multi-specialty hospitals with bed capacity of 3064 beds (includes 2500 operational beds). In March’19 its assets were worth Rs 11k million which grew to around 12k million in the next year, and to Rs 14.3k million in March’21. Moreover, its revenues jumped from Rs 9k million to Rs 13.4k million. Additionally, the profits (after tax) grew to Rs 2k million from Rs 488 million in March’19. Thus, its financial position is strong amid this Covid-19 pandemic.

Currently, it has 267 shareholders with a major stake by the U.S. equity giant, General Atlantic. As per Axis Capital’s report, KIMS Hospital’s CAGR is 26% from 2017-2020 whereas its peers including Apollo, Manipal, and Healthcare Global have lesser CAGR.

Considering its great financial growth in the past few years, strong base in the medical or hospital industry, and good investor backup, it is recommended to subscribe to this IPO. You can assume listing gains, but majorly invest for long-term gains.

Disclaimer : We are not SEBI registered. The information provided herein is for education purposes only. We will not be responsible for any of your profit/loss with this channel's suggestion. Consult your financial advisor before making any decision.

12 Comments  |  
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Deal Subedar Deal Subedar
saucap wrote:

800+ per share 🤔 Avoid

250-280 tak okay

it’s peer kovai medical center trading at 1398.

Deal Cadet Deal Cadet

The mgmt are A1 cheaters. They took money from lot of ppl in name of health bonds and not paying interest nor returning money from past few years.

Some Relatives of mgmt who are managing some of their hospital branches have other businesses (Real estate/contracts). May be much of this ppl’s money is routed to these other businesses. A lot of billing happens in cash and money is routed to other businesses or to pay back ppl.

You wont hear these things in any DRHP.

Coming to Stock it may Gain/Crash in short term momentum. Nobody knows it. But as a Company wise mgmt are A1 cheaters

Deal Hunter Deal Hunter
dealsnatcher wrote:

The mgmt are A1 cheaters. They took money from lot of ppl in name of health bonds and not paying interest nor returning money from past few years.

Some Relatives of mgmt who are managing some of their hospital branches have other businesses (Real estate/contracts). May be much of this ppl’s money is routed to these other businesses. A lot of billing happens in cash and money is routed to other businesses or to pay back ppl.

You wont hear these things in any DRHP.

Coming to Stock it may Gain/Crash in short term momentum. Nobody knows it. But as a Company wise mgmt are A1 cheaters

That’s pretty awful if the mgmt is cheating like that. The victims should sue them by showing the evidence

Deal Newbie Deal Newbie
dealsnatcher wrote:

The mgmt are A1 cheaters. They took money from lot of ppl in name of health bonds and not paying interest nor returning money from past few years.

Some Relatives of mgmt who are managing some of their hospital branches have other businesses (Real estate/contracts). May be much of this ppl’s money is routed to these other businesses. A lot of billing happens in cash and money is routed to other businesses or to pay back ppl.

You wont hear these things in any DRHP.

Coming to Stock it may Gain/Crash in short term momentum. Nobody knows it. But as a Company wise mgmt are A1 cheaters

thanks, for the heads up, if only info like this is available for other IPOs, that would have been great grinning

Deal Newbie Deal Newbie

The share price is high but then it’s fine if face value is seen. I think this share can be a good buy.

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