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Krsnaa Diagnostics Ltd IPO

  • Status: Closed
  • ₹ 13,995 / 15 shares

    Minimum Investment

IPO Details

  • Open Date

    TBA

  • Close Date

    TBA

  • IPO Price Range

    ₹ 933 - 954

  • IPO Size

    ₹ ₹ 1,213.33 Cr

  • Listing Exchange

    NSE, BSE

  • Listing Date

    17 Aug 2021

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Last Updated: 14 December 2021 8:07 PM by 5Paisa

Krsnaa Diagnostics Limited is one of the largest differentiated diagnostic service providers in India (Source: CRISIL Report). The company provides a range of technology-enabled diagnostic services such as imaging (including radiology), pathology/clinical laboratory and teleradiology services to public and private hospitals, medical colleges and community health centers pan-India. Krsnaa Diagnostics operates one of India’s largest teleradiology reporting hubs in Pune that is able to process large volumes of X-rays, CT scans and MRI scans round the clock, 365 days a year, and allows them to serve patients in remote locations where diagnostic facilities are limited. The Company focuses on and has the largest presence in the public-private partnership (“PPP”) diagnostics segment (Source: CRISIL Report). The company provides quality and inclusive diagnostic services at affordable rates across various segments (radiology tests are priced 45% – 60% lower than market rates while pathology tests are 40% – 80% lower than market rates (Source: CRISIL Report).

Krsnaa Diagnostics has a vast network of diagnostic centres predominantly non-metro, and lower tier cities and towns in India. With 1,801 diagnostic centres in operation, Krsnaa Diagnostics offering radiology and pathology services across 13 different cities in India. 

Krsnaa Diagnostic - Financials

Particulars (in crore)

FY19

FY20

FY21

Revenue from operations

209.23

258.42

396.45

Adj. EBITDA

63.0

75.7

106.0

PAT

-58.1

-111.9

184.9

Source: RHP


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