KRM Ayurveda Limited IPO

KRM Ayurveda Limited IPO

SME NSE SME 100% Book Built Offer
Closed

Price Band

₹128 - ₹135

Total Issue

₹77.49 Cr

Bid Dates

21 Jan - 23 Jan

Subscription

74.43x

Est. GMP

₹21 (15.56%)

Website RHP Check Allotment

KRM Ayurveda IPO Dates

Open
Close
Allotment
Refunds
Credit
Listing

Business Overview

KRM Ayurveda, established in 2019, operates an integrated network of Ayurveda-based hospitals and clinics across multiple cities in India while also serving patients internationally through telemedicine consultation and sales channels. The Company currently manages six hospitals and five clinics at strategic locations. Although it initially commenced operations as a specialized kidney care hospital, it has gradually broadened its medical scope to provide holistic treatment for multiple health conditions, including liver cirrhosis, diabetes, fatty liver, and arthritis, among others. Over time, KRM Ayurveda has strengthened its global outreach through digital healthcare services, enabling wider patient access beyond India. In addition to clinical services, the Company is actively engaged in the trading of Ayurvedic medicines, therapeutic oils, and nutritional supplements, reinforcing its commitment to traditional, preventive, and wellness-oriented healthcare solutions.

KRM Ayurveda IPO Lot Size

Lot Information for KRM Ayurveda IPO
Category Lots Shares Amount
Individual (Min) 2 2,000 ₹2,70,000
Individual (Max) 2 2,000 ₹2,70,000
S-HNI (Min) 3 3,000 ₹4,05,000
S-HNI (Max) 7 7,000 ₹9,45,000
B-HNI (Min) 8 8,000 ₹10,80,000
Market Maker
4,24,000 EQ. Shares
Employee
₹0.00
Shareholder
₹0.00

KRM Ayurveda IPO Size

Total ₹77.49 Cr
Fresh Issue
₹77.49 Cr (0.57 Cr Shares)
Offer For Sale
₹0.00 (0.00 Shares)

Objects of the Issue

A1

₹B1 Cr

A2

₹B2 Cr

A3

₹B3 Cr

KRM Ayurveda IPO Live Subscription

Updated as on 23-Jan-2026 19:00:11 hrs

Category Sub (x) Offered Bids
QIB 63.31x 10,32,000 6,53,38,000
NII 135.56x 7,80,000 10,57,35,000
bHNI 167.14x 5,19,000 8,67,45,000
sHNI 72.76x 2,61,000 1,89,90,000
Individual Investor 54.21x 18,12,000 9,82,22,000
Total 74.31x 36,24,000 26,92,95,000

KRM Ayurveda IPO GMP

GMP ₹21
Est. Price ₹156
Est. Gain 15.56%

Peer Comparison

(Rs. in crores)

KRM Ayurveda IPO Peer Comparison Table
Particulars KRM Ayurveda Jeena Sikho Lifecare Vaidya Sane Ayurved
Revenue 76.55 469.07 87.11
PAT 12.10 90.73 4.90
EPS (₹) 5.24 8.86 3.07
NAV (₹) 25.64 142.24 59.85
RONW 27.13% 31.28% 5.12%
EBITDA 24.96% 26.64% 15.50%
PAT Mrgn 15.80% 19.34% 5.62%
PE Ratio 16.75 76.58 93.20

All information pertains to FY 2024-25. PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of December 31, 2025 for Peers

Financials

(Rs. in crores)

Financial Performance Metrics for KRM Ayurveda IPO
Particulars Sep-25 Mar-25 Mar-24 Mar-23
Revenue 48.36 76.55 67.16 89.29
PAT 8.14 12.10 3.41 7.60
Net Worth 36.13 23.88 11.78 8.37
Borrowings 25.07 31.20 23.18 19.87
Assets 78.12 66.79 43.91 39.48
NAV (₹) 25.64 1,602.40 7,852.34 5,577.54
EPS (₹) 5.24 8.06 2.27 5.07

KPIs

EBITDA

24.96%

ROE

67.86%

ROCE

43.33%

  • All the data pertains to FY 2024-25.
  • PE, PB, and market capitalization are calculated based on the Upper Price Band.

Promoter Holding

Promoter

92.16%

Public

7.84%

Puneet Dhawan 90.80%
Others 1.36%

Management

Puneet Dhawan MD
Avtar Rana CFO

Registrar & Lead Managers

Lead Managers (1)

Frequently Asked Questions

What is KRM Ayurveda IPO?
KRM Ayurveda IPO is a SME IPO having an issue size of ₹77.49 Crs. KRM Ayurveda IPO is priced at ₹128 - ₹135 per share. The issue opens on 21 Jan 26 and closes on 23 Jan 26.
When will KRM Ayurveda IPO open?
KRM Ayurveda IPO opens on 21 Jan 26 and closes on 23 Jan 26.
What is the GMP of KRM Ayurveda IPO?
The estimated Grey Market Premium of KRM Ayurveda IPO is ₹21 per share (15.56%).
What is the lot size of KRM Ayurveda IPO?
The minimum lot size of KRM Ayurveda IPO is 1000 shares & the minimum application amount is Rs. 135000.
When is the allotment of KRM Ayurveda IPO?
The allotment date of KRM Ayurveda IPO is 27 Jan 26.
What is the listing date of KRM Ayurveda IPO?
The listing date of KRM Ayurveda IPO is 29 Jan 26.
What is the subscription of KRM Ayurveda IPO?
KRM Ayurveda IPO is subscribed 74.43 times.
What is the price band of KRM Ayurveda IPO?
KRM Ayurveda IPO is priced at ₹128 - ₹135 per share.
How to check allotment status of KRM Ayurveda IPO?
Click the allotment link on KRM Ayurveda IPO page of IPO360.
How to apply KRM Ayurveda IPO in Zerodha?
  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app
How to apply KRM Ayurveda IPO in Groww?
  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app
How to apply KRM Ayurveda IPO using ASBA?
  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select KRM Ayurveda IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date