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
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

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

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
QIB10,32,000
NII (HNI)7,80,000
bNII > ₹10L5,20,000
sNII < ₹10L2,60,000
Retail18,12,000
Anchor15,42,000

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 P/E EPS Market Cap (Cr)
Jeena Sikho Lifecare Ltd. 76.58 8.86 31
Vaidya Sane Ayurved Laboratories Ltd 93.20 3.07 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%

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

Frequently Asked Questions

KRM Ayurveda IPO is SME IPO. The company is going to raise ₹77.49 Crores via IPO. The issue is priced at ₹128 to ₹135 per equity share. The IPO is to be listed on NSE.

The IPO is to open on January 21, 2026 for QIB, NII, and Retail Investors. The IPO will close on January 23, 2026.

The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

You can apply for KRM Ayurveda IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

KRM Ayurveda IPO issue size is ₹77.49 crores.

KRM Ayurveda IPO Price Band is ₹128 to ₹135.

The minimum bid is 2,000 Shares with ₹2,70,000 amount.

KRM Ayurveda IPO allotment date is January 27, 2026.

KRM Ayurveda IPO listing date is January 29, 2026. The IPO is to list on NSE.

Understanding Grey Market Premium (GMP)

The Grey Market Premium (GMP) is an unofficial indicator of how an IPO's shares are trading in the grey market before they are officially listed on a stock exchange. It reflects investor sentiment and demand for the IPO shares ahead of listing day.

How does it work? The grey market is an informal, over-the-counter market where investors buy and sell IPO shares before the official listing date. If an IPO has a positive GMP, it suggests that investors expect the stock to list above its issue price. A negative GMP indicates expectations of a listing below the issue price.

Example: If an IPO has an issue price of ₹100 and the GMP is ₹50, the expected listing price would be approximately ₹150 (issue price + GMP). This translates to an estimated listing gain of 50%.

Factors that influence GMP:

  • Subscription levels — Higher subscription typically drives GMP up
  • Market conditions — Bullish markets tend to boost GMP across all IPOs
  • Company fundamentals — Strong financials and growth potential attract premium
  • Industry sentiment — Positive outlook for the sector can increase demand
  • IPO pricing — Reasonably priced IPOs relative to peers tend to command higher GMP

Disclaimer: GMP is an unofficial metric from the grey market and is not regulated by SEBI or any stock exchange. GMP values fluctuate frequently and should not be the sole basis for investment decisions. Always consider company fundamentals, financial health, and your own risk appetite before investing in any IPO.

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