KRM Ayurveda IPO

Listed SME Ayurveda & Healthcare
Open Jan 21
Close Jan 23
Allotment Jan 27
Refund Jan 28
Listing Jan 29

Market Sentiment

Grey Market Premium What is GMP?
+Rs 45
+33.3%
Est. Listing: Rs 180
Updated: Jan 28, 2026 12:00 am
View Full GMP History →
Subscription Status
QIB
63.31x
NII
136.10x
bNII (>10L)
167.63x
sNII (2-10L)
73.04x
Retail
54.21x
Total
74.43x
Updated: Mar 03, 2026 9:50 pm IST
Analysis Score 73 / 100
Data: 80%
GMP Score 90
Subscription Score 60
Financial Health 61
Score updates live as GMP/subscription change. For information only — not investment advice.

IPO Details

Issue Price₹129-135 per equity share
Face Value₹10 Per Equity Share
Lot Size 1000 shares (Min ₹1,35,000)
Total Issue Size ₹77.49 crore
Fresh Share₹77.49 crore
Issue TypeBook Build Issue
Lead ManagerNEXGEN Financial Solutions Pvt. Ltd.
RegistrarSkyline Financial Services Pvt. Ltd.
Listing atNSE
Listing Price₹180.70
Listing Gain+33.85%

IPO Reservation

Category Shares Offered Shares %
QIB10,32,00028.48%
NII (HNI)7,80,00021.52%
bNII > ₹10L5,20,00014.35%
sNII < ₹10L2,60,0007.17%
Retail18,12,00050.00%
Anchor15,42,00042.55%

Market Lot Size

Category Lots Shares Amount (₹)
Retail Minimum 2 2,000 ₹2,70,000
Retail Maximum 2 2,000 ₹2,70,000
S-HNI Minimum 3 3,000 ₹4,05,000
S-HNI Maximum 7 7,000 ₹9,45,000
B-HNI Minimum 8 8,000 ₹10,80,000
Budget to Lots Calculator

Financial Analysis

Financial Data
ROE
67.86%
ROCE
43.33%
Debt/Equity
1.31
NAV/Share
Rs 1,602.40
Revenue Growth
13.88%
Profit Margin
15.72%
Financial Performance
Metric 2023 2024 2025 Sep 2025
Revenue 89.38 67.57 76.95 48.65
Expense 79.29 62.85 60.61 37.65
Profit (PAT) 7.60 3.41 12.10 8.14
Total Assets 39.48 43.91 66.79 78.12
Values in Crores (₹)
Peer Comparison
Company EPS P/E Market Cap (Cr)
Jeena Sikho Lifecare Ltd. 8.86 76.58 31
Vaidya Sane Ayurved Laboratories Ltd 3.07 93.20 5
Promoters & Holding Pattern

Promoters: Mr. Puneet Dhawan and Mrs. Tanya Dhawan

Shareholding No. of Shares Holding %
Promoter Holding Pre Issue 1,55,20,800 92.16%
Promoter Holding Post Issue 2,12,60,800 67.28%

Strengths & Risks

Strengths
  • Heavily oversubscribed — 74.4x overall (final).
  • Strong institutional (QIB) demand — 63.3x.
  • Solid profit margin — 15.7%.
  • Strong return on equity — 68%.
Risks & Concerns
  • Elevated leverage — debt/equity of 1.31.

Auto-generated from live GMP, subscription, valuation and financial data. Informational only — not investment advice. Always read the RHP before applying.

Company Information

About KRM Ayurveda

KRM Ayurveda Ltd started its journey on 3 September 2019, with the work of manufacturing Ayurvedic products, herbal and botanical remedies, medicines, supplements, and possibly skin care / wellness-related items. The company has many hospitals and clinics across India, not only in India, but it also provides telemedicine services and sales abroad. Presently, the company runs 6 (Six) Hospitals and 5 (Five) Clinics at different locations in the country. The company has good services for the patient, including In-Patient & Out-Patient Care, Panchakarma Therapies, Specialized Clinics, Medicinal Sales, Diet & Lifestyle Counseling.

Objects of the Issue
Purpose Amount (Cr)
Capital Expenditure for Construction and Development of Telemedicine Operational Facilities 13.67
Purchase of CRM Software and Hardware Infrastructure 1.42
Human Resources 5.44
Repayment/Prepayment of loan 12.50
Working Capital Requirement 18.00
General Corporate Purpose -

Resources & Documents

Anchor Investors
Anchor Bidding Date
January 20, 2026
Shares Offered to Anchors
15,42,000
Lock-in End (30 Days, 50%)
February 26, 2026
Lock-in End (90 Days, 50%)
April 27, 2026
Company Contact Information

KRM Ayurveda Ltd., A-16, G T Karnal road, North West Delhi, New Delhi, 110033

KRM Ayurveda IPO — Quick Take

KRM Ayurveda has set a price band of Rs 129–Rs 135 per share for an issue size of Rs 77 crore in the ayurveda & healthcare sector. The stock listed with a 33.85% gain versus its issue price on January 29, 2026.

KRM Ayurveda Ltd started its journey on 3 September 2019, with the work of manufacturing Ayurvedic products, herbal and botanical remedies, medicines, supplements, and possibly skin care / wellness-related items. The company has many hospitals and clinics across India, not only in India, but it also provides telemedicine services and sales abroad. The company operates in the ayurveda & healthcare space.

The issue is promoted by Mr. Puneet Dhawan and Mrs. Tanya Dhawan with NEXGEN Financial Solutions Pvt. Ltd. acting as lead manager. Net proceeds will primarily be used towards Capital Expenditure for Construction and Development of Telemedicine Operational Facilities (Rs 14 crore) and Purchase of CRM Software and Hardware Infrastructure (Rs 1 crore).

Grey market is quoting a premium of +Rs 45 (+33.3% over issue price), up Rs 10 from the previous session. Final subscription data records overall subscription at 74.43x, retail at 54.21x, QIB at 63.31x, NII at 136.10x.

On fundamentals, the company is posting revenue growth of 13.9%, a profit margin of 15.7%, return on equity of 67.9% in its most recent reported period. Listed peers in this segment include Jeena Sikho Lifecare Ltd. (P/E 76.58x, market cap Rs 31 crore) and Vaidya Sane Ayurved Laboratories Ltd (P/E 93.20x, market cap Rs 5 crore) — useful reference points when evaluating the issue's pricing relative to where the broader sector are trading.

Our data-driven engine currently flags this issue as a Subscribe call — the composite picture tilts favourable, though not without some caveats. Past performance does not predict future returns — review the price chart and peer comparison below before trading.

Frequently Asked Questions

The price band of KRM Ayurveda IPO is Rs 129 to Rs 135 per share. Face value is Rs 10 per share.

The total issue size of KRM Ayurveda IPO is Rs 77 crore, comprising fresh issue of Rs 77 crore.

Retail investors must apply for a minimum of 1 lot of 1000 shares, requiring an investment of Rs 1,35,000.

KRM Ayurveda IPO opens for subscription on January 21, 2027 and closes on January 23, 2027. Anchor investor bidding is scheduled for January 20, 2026.

The expected allotment date for KRM Ayurveda IPO is January 27, 2026. Refunds for unsuccessful applicants are expected on January 28, 2026.

KRM Ayurveda IPO is scheduled to list on January 29, 2026 on NSE.

The current GMP (Grey Market Premium) of KRM Ayurveda IPO is +Rs 45 (+33.3% over issue price). GMP is an unofficial grey market indicator and may change through the subscription window. See the GMP chart on this page for the full trend.

KRM Ayurveda IPO is currently subscribed 74.43 times overall — retail at 54.21x, QIB at 63.31x, NII at 136.10x. Live subscription data updates multiple times per day on open-issue days.

Based on the current retail subscription of 54.21x for KRM Ayurveda IPO, the estimated retail allotment probability is approximately 1.8%. This is a low probability — approximately 2 out of every 100 retail applications may receive allotment.

The registrar for KRM Ayurveda IPO is Skyline Financial Services Pvt. Ltd.. After the allotment date, you can check your allotment status on the registrar's official website by entering your PAN, application number, or demat account details. Allotment status is also available on the BSE and NSE websites.

The book running lead manager(s) for KRM Ayurveda IPO are NEXGEN Financial Solutions Pvt. Ltd..

The promoter(s) of KRM Ayurveda are Mr. Puneet Dhawan and Mrs. Tanya Dhawan.

KRM Ayurveda IPO GMP — What It Means

The latest grey market premium for KRM Ayurveda IPO is ₹45 (+33.3%). GMP is an unofficial, dealer-quoted figure that hints at expected listing-day demand — it is not a guaranteed listing price. For KRM Ayurveda it should be read alongside the subscription numbers and the company's fundamentals, since grey-market premiums can swing sharply during the bidding window.

See the full KRM Ayurveda GMP history and trend, or learn how grey market premium works and how reliable it is.

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