The KRM Ayurveda IPO opened for subscription on Wednesday, January 21, and attracted strong interest from investors on the very first day.
The issue was fully subscribed on Day 1, receiving an overall subscription of 1.22 times.
The IPO will remain open for investors from January 21 to January 23. The price band for the issue has been fixed at ₹128 to ₹135 per share.
The company has stated that the funds raised through this IPO will mainly be used to meet working capital requirements and for general corporate purposes.
IPO Size, Lot Size, and Listing Platform
KRM Ayurveda plans to raise around ₹77.5 crore through this IPO. It is a completely fresh issue, which means that no existing shareholders are selling their shares.
The lot size for the IPO is 2,000 shares, so retail investors need to make a minimum investment of about ₹2.70 lakh. The shares of KRM Ayurveda will be listed on the NSE SME platform.
Share Reservation and Allotment Timeline
For this IPO, the company has reserved:
25.74 lakh shares for Qualified Institutional Buyers (QIBs)
7.8 lakh shares for Non-Institutional Investors (NIIs)
18.2 lakh shares for Retail Investors
The IPO allotment is expected to be finalized on January 27.
Shares will be credited to the demat accounts of successful investors by January 28, while refunds for unsuccessful applicants will also be processed on the same day.
The company’s shares are scheduled to be listed on the NSE SME on January 22.
Grey Market Premium (GMP) and Business Overview
The KRM Ayurveda IPO is showing positive trends in the grey market as well.
According to market sources, the grey market premium (GMP) is around ₹21, which is about 15–16 percent higher than the upper price band. Based on this, the stock is expected to list at around ₹156.
In terms of business operations, KRM Ayurveda runs hospitals and clinics in multiple cities across India. The company has also expanded internationally through telemedicine services.
It is involved in the manufacturing and sale of Ayurvedic medicines, herbal products, supplements, and wellness products, a segment that is witnessing rapidly growing demand.
