Krsnaa Diagnostics IPO: Allotment, refund, demat transfer, listing – all you need to know; step by step to check allotment status on BSE, Kfintech website

Krsnaa Diagnostics IPO – The Initial Public Offering (IPO) of Krsnaa Diagnostics Limited ended on 6 August 2021 – Friday. The IPO was subscribed 24.34 times over the three-day period. The response form Retail Individual Investors (RIIs) was also strong as they subscribed this issue 19.33 times. The non-institutional investors subscribed it 28.17 times while the Qualified Institutional Buyers (QIBs) subscribed the issue 25.58 times on the NSE. On the BSE, RIIs subscribed 22.71 times, non-institutional investors subscribed the issue 88.12 times while the QIBs subscribed the issue 24.24 times. Overall, the issue was subscribed 40.06 times.

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Krsnaa Diagnostics IPO - Complete Timeline

The issue ended on 6 August
Finalisation of basis of allotment likely on 12 August
Initiation of refunds likely to begin on 13 August
Transfer of shares to demat account likely on 16 August
The listing of shares likely on 17 August.

The information is available form the Edelweiss App and may change.

Krsnaa Diagnostics Limited IPO allotment status check at KFintech website    

1) Login at direct KFintech website — https://ris.kfintech.com/ipostatus/ipos.aspx     

2) Select the IPO from the drop down.    

3) Now select application number/DPID/Client ID/PAN    

4) Enter application number followed by Captcha code   

5) Now Click at 'Submit' option and your IPO application status will become available on your computer monitor or Smartphone screen.   

Krsnaa Diagnostics Limited IPO allotment status check at BSE website    

1) Login at the direct BSE link — bseindia.com/investors/appli_check.aspx   

2) Now Select 'Equity' and enter the ssue name    

3) Enter application number and PAN number   

4) Click at the box opposite "A'm not a robot'    

5) Click at 'Search' option; and your IPO application status will become available

The net proceeds of the Fresh Issue will be utilised in the following manner:  

1. Proposing to finance the cost of establishing diagnostics centres at Punjab, Karnataka, Himachal Pradesh and Maharashtra.  

2. Repayment/pre-payment, in full or part, of certain borrowings availed by our Company; and  

3. General corporate purposes.