
KRM Ayurveda IPO
KRM Ayurveda IPO
Overview
KRM Ayurveda IPO is a book build issue of ₹77.49 crores. The issue is entirely a fresh issue of 0.57 crore shares of ₹77.49 crore. KRM Ayurveda IPO opens for subscription on Jan 19, 2026 and closes on Jan 21, 2026. The allotment for the KRM Ayurveda IPO is expected to be finalized on Jan 22, 2026. KRM Ayurveda IPO will list on NSE SME with a tentative listing date fixed as Jan 27, 2026. KRM Ayurveda IPO price band is set at ₹128 to ₹135 per share. The lot size for an application is 1,000. The minimum amount of investment required by an individual investor (retail) is ₹2,70,000 (2,000 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (3,000 shares), amounting to ₹4,05,000. NEXGEN Financial Solutions Pvt. Ltd. is the book running lead manager and Skyline Financial Services Pvt.Ltd. is the registrar of the issue.
Total Shares
57,40,000
Issue Size
₹77 Cr
Price Band
₹128 – ₹135
Lot Size
1000 shares
Min. Investment
₹2,70,000
Max. Investment
₹2,70,000
Open Date
21 Jan, 2026
Close Date
23 Jan, 2026
Allotment
27 Jan, 2026
Listing
29 Jan, 2026
Max. Investment
₹2,70,000
Announced
21 Jan, 2026
Opening Date
21 Jan, 2026
Closing Date
23 Jan, 2026
Basis of Allotment
27 Jan, 2026
Initiation of Refunds
28 Jan, 2026
Credit of Shares
28 Jan, 2026
Listing Date
29 Jan, 2026
Live GMP
Est. Listing: ₹158
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About KRM Ayurveda IPO
Incorporated on 3 September 2019, KRM Ayurveda Ltd. is operating a network of hospitals and clinics across multiple cities in India as well as marked its presence in abroad through telemedicines consulting and sales.
They manufacture Ayurvedic products, herbal and botanical remedies, medicines, supplements and possibly skin care / wellness related items.
Presently, the company runs 6 (Six) Hospitals and 5 (Five) Clinics at different locations in the country.
KRM Ayurveda IPO Share Price
Issue Breakdown
Shareholding
Dilution: 37.0% increase in shares
KRM Ayurveda IPO Financial Health
KRM Ayurveda Ltd.'s revenue increased by 14% and profit after tax (PAT) rose by 255% between the financial year ending with March 31, 2025 and March 31, 2024.
KRM Ayurveda IPO Lot Size
Investors can bid for a minimum of 2,000 shares and in multiples of 1,000 shares thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 2000 | ₹2,70,000 |
| Individual investors (Retail) (Max) | 2 | 2000 | ₹2,70,000 |
| S-HNI (Min) | 3 | 3000 | ₹4,05,000 |
| S-HNI (Max) | 7 | 7000 | ₹9,45,000 |
| B-HNI (Min) | 8 | 8000 | ₹10,80,000 |
(All values in CR)
KRM Ayurveda IPO Valuations
| Metric | Value |
|---|---|
| ROE | 67.86 |
| ROCE | 43.33 |
| Debt/Equity | 1.31 |
| RoNW | 67.86 |
| PAT Margin | 15.80 |
| EBITDA Margin | 24.96 |
| Price to Book Value | 0.08 |
(All values in CR)
KRM Ayurveda IPO Strength & Risk
Strengths of KRM Ayurveda IPO
• Operates in the growing Ayurvedic healthcare and wellness segment
• Offers diversified services including clinics, hospitals and telemedicine
• Reported revenue growth with improving profitability in recent financials
• Healthy margins indicate better cost control and operational efficiency
• Combines traditional Ayurveda with modern healthcare delivery, appealing to wider audience
• Expansion plans supported by proposed use of IPO proceeds
• Focus on technology and telemedicine supports scalable growth
Risks of KRM Ayurveda IPO
• Operates in a highly competitive healthcare and wellness industry
• SME IPO may face low liquidity and higher price volatility
• Business dependent on demand for alternative medicine and patient preferences
• Subject to regulatory changes in healthcare and Ayurveda space
• Higher working capital needs may impact cash flows
• Smaller scale of operations compared to larger healthcare players
KRM Ayurveda IPO Subscriptions Status
KRM Ayurveda IPO subscribed 16.03 times. The public issue subscribed 14.02 times in the individual investors category, 5.56 times in QIB (Ex Anchor), and 34.56 times in the NII category by January 23, 2026 12:00:00 PM (Day 3).
| Investor Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (Rs Cr.) |
|---|---|---|---|---|
| Anchor | 1.00 | 15,42,000 | 15,42,000 | 20.82 |
| Market Maker | 1.00 | 5,74,000 | 5,74,000 | 7.75 |
| QIB (Ex Anchor) | 5.56 | 10,32,000 | 57,40,000 | 77.49 |
| NII | 34.56 | 7,80,000 | 2,69,60,000 | 363.96 |
| bNII (> ₹10L) | 43.75 | 5,20,000 | 22,27,49,000 | 307.11 |
| sNII (< ₹10L) | 16.20 | 2,60,000 | 42,11,000 | 56.85 |
| Individual Investors | 14.02 | 18,12,000 | 2,53,96,000 | 342.85 |
| Total | 16.03 | 36,24,000 | 5,80,96,000 | 784.3 |
KRM Ayurveda IPO GMP
KRM Ayurveda was listed on the stock exchange on 2019-10-14 00:00:00. The IPO was subscribed 74.27x. The last GMP for KRM Ayurveda IPO was ₹22.5, updated on Jan 29th 2026 08:29 AM. As per the last GMP, the expected profit/loss for the IPO was 16.67%.
Last updated 29 Jan, 2026 · Source: aggregated grey-market dealers
| Date | IPO Price | GMP | Sub2 Sauda | Est. Listing | Est. Profit | Updated |
|---|---|---|---|---|---|---|
| 29 Jan, 2026 | 135 | ₹22.5 | 17100 | ₹157.5 (16.67%) | 22500 | 29 Jan, 2026 |
| 28 Jan, 2026 | 135 | ₹22.5▲ | 17100 | ₹157.5 (16.67%) | 22500 | 28 Jan, 2026 |
| 27 Jan, 2026 | 135 | ₹20▲ | 15200 | ₹155 (14.81%) | 20000 | 27 Jan, 2026 |
| 26 Jan, 2026 | 135 | ₹19▲ | 14400 | ₹154 (14.07%) | 19000 | 26 Jan, 2026 |
| 25 Jan, 2026 | 135 | ₹17 | 12900 | ₹152 (12.59%) | 17000 | 25 Jan, 2026 |
| 24 Jan, 2026 | 135 | ₹17 | 12900 | ₹152 (12.59%) | 17000 | 24 Jan, 2026 |
| 23 Jan, 2026 | 135 | ₹17▲ | 12900 | ₹152 (12.59%) | 17000 | 23 Jan, 2026 |
| 22 Jan, 2026 | 135 | ₹16▲ | 12200 | ₹151 (11.85%) | 16000 | 22 Jan, 2026 |
| 21 Jan, 2026 | 135 | ₹12▼ | 9100 | ₹147 (8.89%) | 12000 | 21 Jan, 2026 |
| 20 Jan, 2026 | 0 | ₹21▲ | 16000 | ₹156 (15.56%) | 21000 | 20 Jan, 2026 |
| 19 Jan, 2026 | 0 | ₹20 | 15200 | ₹155 (14.81%) | 20000 | 19 Jan, 2026 |
| 18 Jan, 2026 | 0 | ₹20 | 15200 | ₹155 (14.81%) | 20000 | 18 Jan, 2026 |
| 17 Jan, 2026 | 135 | ₹20▲ | 15200 | ₹155 (14.81%) | 20000 | 17 Jan, 2026 |
| 16 Jan, 2026 | 135 | ₹18▲ | 13700 | ₹153 (13.33%) | 18000 | 16 Jan, 2026 |
| 15 Jan, 2026 | 135 | ₹15▲ | 11400 | ₹150 (11.11%) | 15000 | 15 Jan, 2026 |
| 14 Jan, 2026 | 135 | ₹0 | - | ₹ (%) | - | 14 Jan, 2026 |
Disclaimer: GMP is an unofficial signal from grey-market dealers and is not regulated by SEBI. Use it alongside subscription data and other research for informed decision-making.
How to Apply for KRM Ayurveda IPO
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Go to IPO Section
Find KRM Ayurveda IPO under the IPO section. Select it and enter your bid details — choose lot size and price (cut-off price recommended).
Enter UPI ID and Submit
Provide your UPI ID linked to your bank account and submit the application.
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Open your UPI app (Google Pay, PhonePe, Paytm, BHIM) and approve the IPO payment request.
Application Confirmed
Your funds will be blocked in your account until the IPO allotment process is completed.