What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

When is the Krsnaa Diagnostics Limited IPO allotment date?

The basis of allotment for Krsnaa Diagnostics Limited IPO is scheduled to be finalized on 12 Aug 2021.

Where can I check Krsnaa Diagnostics Limited IPO allotment status?

You can check your allotment status on the official registrar portal (Kfin Technologies Limited) or on the BSE India website using your PAN card number or application number.

When will unallotted IPO application funds be unblocked?

Refund initiation and UPI mandate revocation for unallotted applications starts on or around 13 Aug 2021.

IPO GreyPremiumLIVE

Grey Market Intelligence

Krsnaa Diagnostics Limited

ListedMainboard

Industrial & Financial Services · NSE / BSE

Incorporated in 2010, Krsnaa Diagnostics Ltd is one of India’s fastest-growing diagnostic chains, offering a wide range of services including imaging/radiology (X-rays, MRI, etc.), routine clinical laboratory tests, pathology, and tele-radiology to hospitals, medical colleges, and community health centres. The company has a strong presence in non-metro and lower-tier cities, operating 1,801 diagnostic centres across 13 cities as of December 31, 2020. In fiscal 2020, Krsnaa Diagnostics served approximately 5.27 million patients.

Price Band

₹933 – ₹954

Issue Size

₹1213 Cr

Lot Size

15 shares

GMP

₹222

+23.3%

Est. Listing

₹1176

at current GMP

Subscribed

—

Open

4 Aug 2021

6 Aug 2021

Allotment

12 Aug 2021

Refund

13 Aug 2021

Demat Credit

14 Aug 2021

Listing

16 Aug 2021

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Official Registrar Verification

Krsnaa Diagnostics Limited Allotment Status

Designated Registrar: Kfin Technologies Limited

Check Allotment Status Registrar Portal BSE Portal

Allotment Date

12 Aug 2021

Basis finalization

Refunds Initiate

13 Aug 2021

Mandate release

Demat Credit

14 Aug 2021

Shares in demat

Listing Debut

16 Aug 2021

Trading begins

About Krsnaa Diagnostics Limited Public Issue & Market Profile

Krsnaa Diagnostics Limited is bringing an initial public offering (IPO) in the Industrial & Financial Services sector with an aggregate issue size of ₹1,213 Crores. The shares are offered at a price band of ₹933 to ₹954 per equity share on NSE and BSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.

Public Issue & Allotment Procedure:

The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.

Official Allotment Timelines & Registrar Guidance:

Following the close of bidding on 2021-08-06, the basis of allotment is scheduled to be finalized on 2021-08-12. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Kfin Technologies Limited) or the BSE allotment checking window.

Frequently Asked Questions

What if my name is not showing on the registrar portal?

Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.

How will I receive the refund if I don't get allotment?

Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.