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Tag: KIMS IPO news

  • KIMS IPO allotment standing: Here is find out how to test your shares

    KIMS IPO allotment standing: The preliminary public providing (IPO) of Krishna Institute of Medical Sciences (KIMS) was met 3.86 instances subscription over 1.44 crore shares supplied in the course of the subscription interval from June 16-18, 2021. The worth band was mounted at Rs 815-825 per share.
    KIMS IPO acquired bids of over 5.56 crore (5,56,59,762) shares in opposition to the whole difficulty dimension of 1.44 crore (1,44,13,073) shares, information obtainable with the National Stock Exchange (NSE) confirmed.
    The shares that are to be allotted for the certified institutional consumers (QIBs) was subscribed 5.26 instances, whereas these of non institutional traders was subscribed 1.89 instances and that of retail particular person traders (RIIs) was subscribed 2.90 instances. Separately, shares for the workers section was subscribed 1.06 instances, the info confirmed.

    The proceeds from the difficulty will likely be used to repay the debt of the corporate and its subsidiaries.

    Investors at the moment are wanting ahead to the share allotment date of the KIMS IPO. The agency is likely one of the largest company healthcare teams in Andhra Pradesh and Telangana by way of the variety of sufferers handled and coverings supplied. It’s imagined to finalise the allotment by Wednesday, June 23, 2021, as per the timeline given within the pink herring prospectus. In case you will have utilized for the KIMS IPO, then right here is how one can test the standing of your allotment when it will get declared:
    The allotment standing will get up to date on the web site of the registrar of the IPO, which on this case is Link Intime India (Click right here: https://linkintime.co.in/MIPO/Ipoallotment.html). Applicants might want to choose Krishna Institute of Medical Sciences Limited – IPO within the drop-down menu and enter both their PAN, software quantity or DP Client ID. and click on on search to view their allotment standing.
     
    Apart from the registrar’s web site, candidates also can test the standing of their allotment on the web site of the BSE (Click right here: https://www.bseindia.com/investors/appli_check.aspx). Here, they might want to choose Equity in Issue Type, then choose KRISHNA INSTITUTE OF MEDICAL SCIENCES LIMITED from the drop-down listing within the Issue Name part, enter their Application Number and PAN Number within the respective containers after which click on on search to view their standing.

    The itemizing of shares of Krishna Institute of Medical Sciences is more likely to happen on June 28, 2021, on each the NSE and BSE, as per the given timeline within the RHP. The difficulty dimension of the IPO was Rs 2,144 crore. Before heading into the IPO, the corporate raised practically Rs 955.69 crore from its 43 anchor traders.
    Kotak Mahindra Capital Company, Axis Capital, Credit Suisse Securities (India) and IIFL Securities have been the book-running lead managers to the supply.

  • KIMS IPO subscribed over 26% on the primary day: Everything that you must know

    KIMS IPO subscribed over 26% on the primary day: Everything that you must know

  • Krishna Institute of Medical Sciences recordsdata Rs 700-crore IPO papers

    Image Source : PTI Krishna Institute of Medical Sciences recordsdata Rs 700-crore IPO papers
    Krishna Institute of Medical Sciences Ltd has filed preliminary papers with capital markets regulator Sebi to boost Rs 700 crore by an preliminary share-sale. The preliminary public providing (IPO) contains a recent difficulty of shares aggregating as much as Rs 200 crore and a proposal on the market of as much as 21,340,931 fairness shares from promoters and present shareholders, in line with draft purple herring prospectus filed with Sebi.

    A complete of 1,39,77,991 fairness shares can be supplied by General Atlantic Singapore KH Pte Ltd underneath the supply on the market, as much as 7,75,933 fairness shares by Bhaskara Rao Bollineni, as much as 11,63,899 fairness shares by Rajyasri Bollineni, as much as 3,87,966 fairness shares by Bollineni Ramanaiah Memorial Hospitals Pvt Ltd.

    The supply features a reservation for subscription by eligible workers.

    According to service provider banking sources, the IPO is anticipated to fetch Rs 700 crore.

    The proceeds from the recent difficulty will probably be used to repay debt of the corporate and its subsidiaries.

    Krishna Institute of Medical Sciences (KIMS) is one of many largest company healthcare teams in Andhra Pradesh and Telangana by way of the variety of sufferers handled and coverings supplied.

    It operates 9 multi-specialty hospitals underneath the ‘KIMS Hospitals’ model, with an mixture mattress capability of three,064, together with over 2,500 operational beds as of December 31, 2020.

    KIMS Hospitals supply a complete vary of healthcare providers throughout over 25 specialties and tremendous specialties, together with cardiac sciences, oncology, neurosciences, gastric sciences, orthopaedics, organ transplantation, renal sciences and mom and youngster care.

    Kotak Mahindra Capital Co Ltd, Axis Capital Ltd, Credit Suisse Securities (India) Pvt Ltd and IIFL Securities Ltd have been appointed as e book operating lead managers to the problem. 

    The fairness shares are proposed to be listed on the BSE and the NSE.
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