Incorporated in 2010, KRSNAA diagnostic is a large and differentiated diagnostic service provider. It provides a range of technology-enabled diagnostic services such as imaging (including radiology), pathology/clinical laboratory and tele-radiology services to public and private hospitals, medical colleges and community health centres pan-India. It is the fastest growing diagnostic chain in India on multiple parameters including operating income, operating profit before depreciation, interest and tax and profit after tax between Fiscal 2017 and Fiscal 2020 and volume of tests conducted between Fiscal 2018 and Fiscal 2020. It also operates one of India’s largest teleradiology reporting hubs in Pune that is able to process large volumes of X-rays, CT scan and MRI scans round the clock and 365 days a year, and allows it to serve patients in remote locations where diagnostic facilities are Since inception, it has served more than 13 million patients.

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.

As of December 31, 2020, it had a team of 121 radiologists, 33 pathologists, 7 microbiologists and more than 2,300 qualified professionals including clinicians, technicians and operators.

Company Financials:



Krsnaa Diagnostics IPO Details:



Krsnaa Diagnostics IPO Tentative Timetable



Krsnaa Diagnostics IPO Lot Size:

The Krsnaa Diagnostics IPO market lot size is 15 shares. A retail-individual investor can apply for up to 13 lots (195 shares or ₹186,030 at cut off)

Krsnaa Diagnostics IPO – Promoters Holding

Pre-Issue Share Holding – 31.62%
Post-Issue Share Holding – 27.38%

How to apply for IPO?

1. ASBA - All you have to do is, know if your demat is with NSDL or CDSL. Make a note of your Demat ID/DP ID/BO ID - 16 digit number from your broker terminal. Once you have these 2 information, go ahead and apply from your internet banking. One advantage in this process is that, once you submit the application, process ends there and amount gets blocked. While in UPI, you need to get mandate from your bank and need to authorize on time. Many parties are involved in UPI process (Bank, broker, 3rd party UPI app provider etc) and there are chances of delayed UPI mandates. This is a recent process and will take time to settle. Till then, it is better to apply from net banking, but ensure you enter correct 16 digit DP ID.

List of banks that support ASBA. https://www.bsesme.com/static/getlis...x?expandable=0

2. UPI - Visit your broker terminal, select the IPO, enter UPI ID and other bid details to submit the application. Wait for mandate to arrive on UPI app. Approve the mandate to block the amount.

Refer to this video to apply for IPO using UPI at Zerodha.