Krishna Institute of Medical Sciences Limited - IPO
Incorporated in 1973, Krishna Institute of Medical Sciences Limited (KIMS) is one of the largest healthcare groups in AP and Telangana. KIMS provides multi-disciplinary healthcare services with a key focus on primary, secondary, & tertiary care in tier 2-3 cities. The company offers a comprehensive range of healthcare services including oncology, cardiac sciences, neurosciences, gastric sciences, orthopaedics, renal sciences, organ transplantation, and mother & child care.
As of March 31, 2021, it operates through 9 multi-speciality hospitals under the brand name of "KIMS Hospitals" with an aggregate bed capacity of 3,064 under the "KIMS Hospitals" brand, with an aggregate bed capacity of 3,064 including over 2,500 operational beds.
Competitive strengths:
- One of the largest corporate healthcare service provider in AP and Telangana.
- Highly qualified and trained doctors and medical support staff.
- Strong operational and financial performance.
- Experienced managerial team.
Company Promoters:
Dr. Bhaskara Rao Bollineni, Rajyasri Bollineni, Dr. Abhinay Bollineni, Adwik Bollineni, and Bollineni Ramanaiah Memorial Hospitals Private Limited are the company promoters.
Company Financials
| Particulars | For the year/period ended (₹ in millions) | ||
| Summary of financial Information (Restated Consolidated) | 31-Mar-21 | 31-Mar-20 | 31-Mar-19 |
| Total Assets | 14,362 | 11,959 | 11,197 |
| Total Revenue | 13,401 | 11,287 | 9,239 |
| Profit After Tax | 2,055 | 1,151 | -488 |
Objects of the Issue:
The Net IPO proceeds will be utilized towards the following purposes;
- To make repayment/prepapyment of borrowings availaled by the firm and subsidiaries i.e. KHKPL, SIMSPL, and KHEPL.
- To meet general corporate purposes.
Issue Details
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