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KIMS hospital raised Rs 956 Crore from anchor investors.

Krishna Institute of Medical Sciences, popularly known as KIMS hospitals is amongst the largest healthcare service providers in Telangana and Andhra Pradesh. The…

Published 2021. CapitalVia was a SEBI-registered investment adviser at the time of writing. The company no longer provides advisory services and is not registered with SEBI — it now offers stock-market education only. The article is kept for its educational content.

Krishna Institute of Medical Sciences, popularly known as KIMS hospitals is amongst the largest healthcare service providers in Telangana and Andhra Pradesh. The public offering of KIMS hospitals will open for application from 16th June.

The company has already raised Rs 955.68 Crores, a day ahead of its IPO from 43 anchor investors. As a result, 1,15,84,060 equity shares will be allotted to the anchor investors at a price of Rs 825 per share. The price band for the IPO is fixed at Rs 815-825 per equity share.

Some of the leading anchor investors included Mirae MF, ICICI Prudential, IDFC MF, Nippon Life India, Axis Mutual Fund, HDFC Trustee, Goldman Sachs, Nomura Funds and Stock Mother Fund.

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