KIMS IPO Reviews, Dates, Price Band, Market Lot & Financial Details.

KIMS IPO is also known as the Krishna Institute of Medical Sciences. KIMS IPO is going to launch and investors can apply to KIMS IPO from 16th June to 18th June 2021. KIMS aims to raise ₹ 2,144 Crores through an IPO consisting of a fresh issue of  ₹200 crores worth equity and OFS (Offer For Sale) of 2,35,60,538 equity shares by existing shareholders. 

KIMS Hospitals are some of the best corporate healthcare centers in Andhra Pradesh and Telangana. Their main focus is in tier 2 & tier 3 cities as they provide services like neurosciences, oncology, orthopedics, renal science, gastric sciences, mother & child care. In total, they operate from 9 multi-specialty hospital centers and have more than 3000+ beds and operational beds. Many IPOs are going to launch this year check here the list.

KIMS IPO Dates & Price Band:

Open date16th June 2021
Close date18th June 2021
Total Size of IPO₹2,144 Cr.
Fresh Issue ₹200 Cr.
Offer for Sale₹1944 Cr.
Price Band₹815 – ₹825
Face Value₹10 per share
Listing onNSE and BSE
Retail Investor’s Portion10%

KIMS IPO Market Lot:

The minimum market lot of KIMS IPO is 18 shares with ₹14,850 applications. Retail investors can apply for 13 lots with 234 shares application worth 1,92,933.

ApplicationLotSharesCut Off Amount
Minimum (RII)11814,850
Maximum (NII)132341,93,050

Should you subscribe to KIMS IPO?

Strength – 

  • They followed strategic acquisitions which helped them to expand their centers. 
  • Senior knowledgeable team management with a vision.
  • Strong institutional stakeholder commitments in the KIMS.
  • Good Earning per share (EPS) of ₹15.87 Price/Earnings.

Risks – 

  • In 2018, 2019 company was in loss but due to covid they recovered themselves. 

Final Verdict – 

Looking at the financial numbers of KIMS Hospitals the valuation looks pretty attractive. Due to covid, KIMS PAT (Profit After Tax) income came in positives and is expected to grow further. With a very good senior management team and strong financial institutions backing them we expect them to excel in the healthcare sector in the coming years. 

Investors can invest for the long term in the KIMS IPO. It’s early to predict but KIMS IPO can give great listing gains by seeing its grey market premium. You can keep a track of KIMS IPO GMP here.

KIMS IPO Allotment & Listing Dates:

KIMS IPO date is 16th June and the closing date is 18th June. Allotment of shares will be done on 23rd June and the listing date on NSE & BSE is 28th June 2021.

Allotment Date for KIMS- 23rd June 2021
Refund Date for KIMS – 24th June 2021
Credit of Shares to Demat Account – 25th June 2021
Listing Date for KIMS – 28th June 2021

Applying KIMS Hospitals IPO through the form: 

Besides applying IPOs through ASBA application or through Demat accounts you can also apply to IPOs with the help of forms provided by NSE or BSE. This is one of the traditional and safe ways to apply for an IPO subscription. Download the form through this link and fill the form carefully. You have to submit your filled form to the bank or broker.

Financials of KIMS IPO:

The financials of KIMS is very attractive. From 2019 the revenue numbers are increasing constantly. Net income after paying tax looks good. Upcoming financial numbers are expected to be good so we suggest investors apply for the IPO.

YearRevenue (₹ in Cr.)Expense (₹ in Cr.)PAT Net Income (₹ in Cr.)
2019924939-43.6
20201129982114.1
2021 (9M)977779145.6

About KIMS Hospital

KIMS Hospital has grown from a single hospital to multiple hospitals with the help of strategic acquisitions. Dr. Bhaskara Rao Bollineni (Founder and Managing Director) & Dr. Abhinay Bollineni (CEO) has played a key role in developing the brand “Krishna Institute of Medical Sciences” in the health sector. 

Dr. Bhaskara has 27 years of experience in cardiothoracic surgery and worked with leading medical groups. In 2000, he started KIMS Hospital with the vision to develop well-known medical institutions in Andhra Pradesh with leading top medical talents and facilities at affordable prices for his hometown. 

Currently, KIMS hospitals are situated at Vizag, Nellore, Rajahmundry, Srikakulam, Ongole, Anantapur, Kurnool, Hyderabad, and Secunderabad. They are willing to expand their institutions after the KIMS Hospitals IPO.

IPO Registrar Details –

KFintech Private Limited
Phone: 1-800-3454001
Email: [email protected]
Website: https://karisma.kfintech.com/

KIMS Hospitals Contact Details –

Krishna Institute of Medical Sciences Limited
D. No. 1-8-31/1, Minister’s Road,
Secunderabad – 3, 500 003
Phone: +91 40 4418 6000
Email: [email protected]
Website: http://www.kimshospitals.com/

Frequently Asked Questions on KIMS IPO –


When will KIMS IPO open for Investors?

KIMS IPO will open on 16th June 2021 and will close on 18th June 2021.

What is KIMS IPO Retail Portion?

The portion allocated for retail investors in KIMS IPO is 10%

How to apply for KIMS IPO?

You can apply KIMS IPO in 3 ways:
Open a Demat account through a bank or brokerage firm and apply through it.
Apply via ASBA application online through your bank.
Fill up the offline IPO form and submit it to the bank or broker.

Should I invest in KIMS Hospitals IPO?

Looking at the financial numbers of KIMS Hospitals the valuation looks pretty attractive. Due to covid, KIMS PAT (Profit After Tax) income came in positives and is expected to grow further. With a very good senior management team and strong financial institutions backing them we expect them to excel in the healthcare sector in the coming years. 

What is the allotment date for KIMS shares?

23rd June 2021 is the allotment date for KIMS shares.

What is the listing date for KIMS IPO?

28th June 2021 is the listing date for KIMS. It will be listed on NSE and BSE.

What is the cutoff price for KIMS IPO?

The cutoff price for KIMS IPO is ₹825 per share.


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