Kids Clinic India Ltd IPO

Kids Clinic India, which works on super-specialty women’s, childcare and fertility hospital chain Cloudnine, has filed a draft red herring prospectus with SEBI and raised Rs 1,200 Cr through an initial share sale (IPO). The issue consists of fresh equity shares up to Rs 300 CR and an offer for sale of up to 13,293,514 equity shares by the existing shareholders.

Opening Date

To be announced

Closing Date

To be announced

Price Band

To be announced

Issue Size

To be announced

Face Value

To be announced

Market Lot

To be announced

Opening Date

To be announced

Closing Date

To be announced

Price Band

To be announced

Issue Size

To be announced

Face Value

To be announced

Market Lot

To be announced

Listing at NSE, BSE

Kids Clinic India Limited IPO Important Dates

IPO Open Date To be announced
IPO Close Date To be announced
Allotment Date To be announced
Initiation Of Refunds To be announced
Credit Of Shares To
Demat Account
To be announced
IPO Listing Date To be announced
UPI Mandate Expiry Date To be announced

View all upcoming IPOs

About Kids Clinic India

The main focus of the business revolves around mothers and babies. Kids Clinic India aims to establish world-class medical expertise to provide the best service to the customers. They are one of the leading brands in the super-specialty mother and baby care space. The company provides end-to-end coverage of all stages of parenthood.

Kids Clinic India has set up 23 centers across six states and one union territory in India. Most of the centers have comprehensive mother and baby services that include diagnostic and laboratory services as well as newborn intensive care units.

Kids Clinic India Limited IPO Objectives

- The fund will be used to set up new centers at various locations across the country.
- The fund will be used for further acquisition in their subsidiary and acuity Labs.

Why should you invest in Kids Clinic Limited IPO?

  • There is a huge increase in demand for comprehensive baby and mother care. In the year 2020, the private maternity healthcare market in Fiscal 2020 was ₹208 billion and is expected to grow at a CAGR of 11% to 12 % fiscal 2021 to Fiscal 2026 to reach ₹ 261 billion in Fiscal 2026.
  • As still the market is filled with largely unorganised standalone nursing homes and maternity clinics, Kids Clinic Limited super-specialty mother and baby care chain eats alone the market share by offering superior medical support with strong customer support and faster expansions.

Financial Highlights

Key Financial Indicators As of and for the financial year ended March 31,
  2019 2020 2021
Total Income (₹ million) 4,283.72 5,259.92 5,665.65
Revenue from Operations (₹ million) 4,181.82 5,163.04 5,545.86
Restated loss before tax (₹ million) (746.79) (363.43) (344.15)
Operating EBITDA (₹ million) 175.46 233.39 300.85
Operating EBITDA margin (%) (4.20)% (4.52)% (5.42)%

How to apply for Kids Clinic India IPO?

Retail investors need to apply for the IPO using UPI.

UPI

  • Link your bank account to a UPI ID.
  • Register your UPI id with your Demat account.
  • Subscribe for Kids Clinic India IPO and approve the payment on your UPI ID.

Demat Account

Kids Clinic India IPO - Noteworthy Highlights

  • The Bengaluru facility has been ranked as No 1 National Single Speciality Hospitals by the Times of India in 2020 in the ObGyn and Pediatrics category.
  • Kids Clinic India has gathered a revenue of ₹ 5,545.86 million in FY21 from operations.

The Brand’s Pros & Cons:

Pros Cons
Kids Clinic India has an highly scalable and capital effect expansion model which helps them in expansion. Failure to enhance the the brand reputation and any negative reputation can adversely affect the business.
The company relies on digitisation and leverage technology to maximise the quality of our clinical services. Any challenges in expanding the business in the current and in the potential cities can affect the business severely.
The only healthcare chain which is a part of the Vermont Oxford Network (VON). The failure to adapt and identify any technological advancements related to medical equipment can affect the business.

Competitive Analysis: Market Peers

Though being a master in their field, this company also comes with a fair share of competitors. Below is the overview of the revenue of key players (₹ Million).

Revenue for FY19 FY20 FY21
Multi-specialty hospital chains
Apollo 44,514 49,738 42,770
AHLL 5,888 6,964 6,818
Fortis 35,920 37,532 31,237
Max Healthcare 35,990 40,230 36,290
Narayana Hrudayalaya 28,582 31,314 25,910

Kids Clinic India IPO FAQs

What is Kids Clinic India Limited IPO?

Kids Clinic India, which works on super-specialty women’s, childcare and fertility hospital chain Cloudnine, has filed a draft red herring prospectus with SEBI and raised Rs 1,200 Cr through an initial share sale (IPO).

When will the Kids Clinic India Limited IPO allotment be available?

Details are not available.

What will be the Kids Clinic India Limited IPO lot size?

Details are not available.

When will Kids Clinic India Limited IPO open for subscription?

Details are not available.

What minimum lot size can retail investors subscribe to?

Retail investors need to apply for a minimum of one lot.

When is the Kids Clinic India Limited IPO listing date?

It usually takes ten working days from the last day of subscription to list the shares on the bourses.

Which exchanges will Kids Clinic India Limited list on?

The shares will list on BSE and NSE exchanges.

How to check the allotment status of Kids Clinic India Limited IPO?

Existing Angel One clients can check their IPO allotment status from their accounts.
  • Open Angel One App and search for investment opportunities
  • Select IPOs and FPO
  • Select the Order Book Option

How to apply for this Kids Clinic India Limited IPO via the Angel One App?

Follow the simple steps below:
  • Log in to your account
  • Select Medi Assist Healthcare from the Active IPO list
  • Click 'Apply'
  • Complete the bidding process and make payment through UPI
  • Approve payment mandate on your UPI handle

Can I submit more than one application for the public issue of Kids Clinic India Limited using one PAN?

No. Only one application is allowed against one PAN number.

I have finished the application process for Kids Clinic India Limited's IPO, but the funds are not yet debited. What is the reason?

The fund doesn't get debited immediately. The bank will block the amount on your account when you place the bid. They will deduct the amount when IPO shares get allotted to you or else will unblock the amount on the expiration of the UPI mandate.

Who is the owner of Kids Clinic India Limited?

There are 7 Directors of Kids Clinic India Limited. They are Satish Chander Subbanna, Elizabeth Lucy Chapman, Rohit Ashok Kumar Mullangi, Kishore Kumar Rajagopal, Bharat Singh, Nupur Garg, Parthasarathy Vankipuram Srinivasa, Venkataraman Raviganesh, Nitin Agarwal.

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