Devyani International IPO
August 3, 2021Vijaya Diagnostic Centre Limited IPO
August 26, 2021
Krsnaa Diagnostics Ltd IPO
Open: August 04, 2021 | Close: August 06, 2021
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About the Business
Incorporated in 2010, Krsnaa Diagnostics Ltd is one of the fastest-growing diagnostic chains in India. The company offers a wide range of diagnostic services such as imaging/radiology services (X-rays, MRI, etc.), routine clinical laboratory tests, pathology, and teleradiology services to private and public hospitals, medical colleges, and community health centres.
The firm has an extensive network of diagnostic centres across India with a key focus on non-metro, and lower-tier cities and towns. As of December 31, 2020, it operates 1,801 diagnostic centres that are offering radiology and pathology services across 13 different cities in India. In fiscal 2020, the business has served 5.27 million patients.
Funds from the fresh issue will be used for
The Company will utilize fresh issue proceeds to finance the cost of establishing diagnostics centers at Punjab, Karnataka, Himachal Pradesh, and Maharashtra. It will also use it for repayment/pre-payment of firm's borrowings fully or partially and meet General corporate purposes.
Company Financials: (in crores)
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