Krsnaa Diagnostics IPO share allotment standing: The preliminary public providing (IPO) of Krsnaa Diagnostics was subscribed 64.40 instances over the 71.12 lakh shares that have been on supply in the course of the subscription interval from August 4-6, 2021. The worth band was mounted at Rs 933-954 per share.
Krsnaa Diagnostics IPO obtained bids of over 45.80 crore (45,80,08,245) shares towards the entire concern dimension of over 71.12 lakh (71,12,099) shares, knowledge out there with the National Stock Exchange (NSE) confirmed.
The shares that are to be allotted for the certified institutional patrons (QIBs) was subscribed 49.83 instances, whereas these of non institutional traders was subscribed 116.30 instances and that of retail particular person traders (RIIs) was subscribed 42.04 instances. Separately, shares for the staff’ phase was subscribed 0.98 instances, the information confirmed.
The IPO of the diagnostic chain firm has a dimension of Rs 1,213.3 crore. It includes a recent concern of fairness shares value Rs 400 crore and a proposal on the market (OFS) of as much as 8,525,520 fairness shares by its current shareholders.
The proceeds from the recent concern shall be used for financing the price of establishing diagnostics facilities at Punjab, Karnataka, Himachal Pradesh, and Maharashtra, for compensation of loans availed by the corporate and for basic company functions.
Investors are actually wanting ahead to the share allotment date of the Krsnaa Diagnostics IPO. The diagnostics firm is predicted to finalise the allotment by Wednesday, August 11, 2021, as per the timeline offered within the pink herring prospectus (RHP). In case you could have utilized for the Krsnaa Diagnostics IPO, then right here is how one can verify 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 KFin Technologies (Click right here: https://ris.kfintech.com/ipostatus/ipos.aspx). Applicants might want to choose KRSNAA DIAGNOSTICS LIMITED within the drop-down menu and enter both their Application No. or DPID/Client ID or PAN, enter the Captcha code (which is proven in digits) and click on on Submit to view their allotment standing.
Apart from the registrar’s web site, candidates may also verify 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 KRSNAA DIAGNOSTICS LTD from the drop-down record within the Issue Name part, enter their Application Number and PAN Number within the respective packing containers after which click on on search to view their standing.
The itemizing of shares of Krsnaa Diagnostics is prone to happen on Monday, August 16, 2021, on each the NSE and BSE.
JM Financial, DAM Capital Advisors, Equirus Capital and IIFL Securities are the e book working lead managers to the IPO.