KRM Ayurveda Limited is entering the public markets through SME IPO with an issue size of ₹77.49 crore. The issue consists of a fresh issue of equity shares. The shares are proposed to be listed on NSE & SME.
The IPO subscription window opens on January 21, 2026 and will remain open until January 23, 2026. The company plans to list its shares on January 29, 2026. Being an SME IPO, the issue may appeal to investors familiar with lower liquidity listings.
KRM Ayurveda Limited IPO Timeline
IPO Quick Facts
This section covers the main IPO details of KRM Ayurveda Limited that investors generally review before applying.
IPO Details at a Glance
| Company Name | KRM Ayurveda Limited |
|---|---|
| IPO Segment | SME |
| Sale Type | Fresh Issue |
| Issue Type | Bookbuilding IPO |
| Price | ₹135 Per Share |
| Lot Size | 1,000 Shares |
| Face Value | ₹10 Per Share |
| Exchange | NSE & SME |
Investor Category & Share Allocation
| Investor Category | Shares Offered | % of Issue |
|---|---|---|
| Market Maker | 574,000 | 10.00% |
| Qualified Institutional Buyers (QIB) | 2,574,000 | 44.84% |
| — Anchor Investor | 1,542,000 | 26.86% |
| — QIB (Ex Anchor) | 1,032,000 | 17.98% |
| NII (HNI) | 780,000 | 13.59% |
| — bNII > ₹10L | 519,000 | 9.04% |
| — sNII < ₹10L | 261,000 | 4.55% |
| Retail | 1,812,000 | 31.57% |
| Total Shares Offered | 5,740,000 | 100.00% |
KRM Ayurveda Limited IPO Important Dates
The following table highlights the key dates for the KRM Ayurveda Limited IPO, covering the subscription period and the expected listing timeline.
| IPO Opening Date | 21 Jan 2026 |
|---|---|
| IPO Closing Date | 23 Jan 2026 |
| Allotment Finalization | 27 Jan 2026 |
| Initiation of Refunds | 28 Jan 2026 |
| Credit of Shares | 28 Jan 2026 |
| IPO Listing Date | 29 Jan 2026 |
KRM Ayurveda Limited IPO Size & Structure
| Total IPO Size | ₹77.49 Crore |
|---|---|
| Fresh Issue | ₹77.49 Crore |
KRM Ayurveda IPO Lot Size & Minimum Investment
The table below shows the lot size and investment amount for the KRM Ayurveda IPO, which is a fixed price IPO priced at ₹135 per share.
Investors can apply for the IPO with a minimum of 1000 shares. Applications must be made in multiples of 1000 shares.
- Retail investors can apply from 2 lot to 2 lots.
- Small HNI (SHNI) investors must apply for at least 3 lots.
- Big HNI (BHNI) investors need to apply for a minimum of 8 lots.
This information helps investors understand the minimum investment required before applying for the IPO.
Note: Retail investors generally apply at the cut-off price, which is ₹135 per share.
| Category | Lots | Shares | Price | Amount |
|---|---|---|---|---|
| Retail (Min) | 2 | 2,000 | ₹135 | ₹270,000 |
| Retail (Max) | 2 | 2,000 | ₹135 | ₹270,000 |
| S-HNI (Min) | 3 | 3,000 | ₹135 | ₹405,000 |
| S-HNI (Max) | 7 | 7,000 | ₹135 | ₹945,000 |
| B-HNI | 8 | 8,000 | ₹135 | ₹1,080,000 |
KRM Ayurveda Limited IPO GMP (Grey Market Premium)
The latest KRM Ayurveda Limited IPO GMP (Grey Market Premium), along with Kostak rates and Subject to Sauda rates, helps in understanding market sentiment. The current KRM Ayurveda Limited IPO GMP is ₹23 (17.04%), compared to the IPO issue price of ₹135. Based on the current GMP, the expected listing price is around ₹158. The Lowest GMP was ₹12 on 22 Jan 2026, while the highest GMP reached ₹23 on 29 Jan 2026.
KRM Ayurveda Limited IPO was listed on the stock exchange on 29 Jan 2026. The IPO was subscribed 63.74 times. The first reported GMP was ₹18 (13.33%), while the latest recorded GMP stood at ₹23 (17.04%).Listing Details:
- Issue Price: ₹135 per share.
- Listing Price: ₹172.10 (approx. 27.48% gain)
- Listing Date: 29 Jan 2026
KRM Ayurveda Limited IPO GMP Today - Trend Analysis
| Date | Issue Price (₹) | GMP Price (₹) | Estimated Gain (%) | Estimated Price (₹) | Estimated Profit (₹) |
|---|---|---|---|---|---|
| 29 Jan 2026 | ₹135 | ▲ ₹23 | ▲ 17.04% | ₹158 | ₹46,000 |
| 28 Jan 2026 | ₹135 | ▲ ₹20 | ▲ 14.81% | ₹155 | ₹40,000 |
| 27 Jan 2026 | ₹135 | ▲ ₹18 | ▲ 13.33% | ₹153 | ₹36,000 |
| 26 Jan 2026 | ₹135 | ₹16 | 11.85% | ₹151 | ₹32,000 |
| 24 Jan 2026 | ₹135 | ₹16 | 11.85% | ₹151 | ₹32,000 |
| 23 Jan 2026 | ₹135 | ▲ ₹16 | ▲ 11.85% | ₹151 | ₹32,000 |
| 22 Jan 2026 | ₹135 | ₹12 | 8.89% | ₹147 | ₹24,000 |
| 21 Jan 2026 | ₹135 | ▼ ₹12 | ▼ 8.89% | ₹147 | ₹24,000 |
| 20 Jan 2026 | ₹135 | ₹20 | 14.81% | ₹155 | ₹40,000 |
| 19 Jan 2026 | ₹135 | ▲ ₹20 | ▲ 14.81% | ₹155 | ₹40,000 |
| 17 Jan 2026 | ₹135 | ₹18 | 13.33% | ₹153 | ₹36,000 |
| 16 Jan 2026 | ₹135 | ▲ ₹18 | ▲ 13.33% | ₹153 | ₹36,000 |
KRM Ayurveda Limited IPO GMP gives retail and institutional investors an idea about short-term market expectations. Although grey market premium does not guarantee listing performance, it is still commonly referred to while analysing IPOs. Investors are advised to look at KRM Ayurveda Limited fundamentals along with IPO GMP data before making any investment decision.
GMP Disclaimer: GMP (Grey Market Premium) prices are unofficial and only reflect market sentiment. We neither participate in grey-market trading nor encourage it. Investors are strongly advised to review the company’s fundamentals, risks, and official documents before considering an investment in the KRM Ayurveda Limited IPO.
KRM Ayurveda Limited IPO Subscription Status
KRM Ayurveda Limited IPO was subscribed 63.74 times overall on the final day of bidding (as of 23 Jan 2026).The subscription opened on 21 Jan 2026. The Retail portion was subscribed 51.59 times, while QIB and NII categories were subscribed 61.52 times and 86.5 times respectively.
Subscription by Category (QIB, NII, Retail, Employee)
Daily Subscription Trend (Day-wise):
| Date | QIB | NII | Retail | Employee | Total |
|---|---|---|---|---|---|
| 21 Jan 2026 | — | 1.09x | 1.69x | — | 1.07x |
| 22 Jan 2026 | — | 4.14x | 4.64x | — | 3.27x |
| 23 Jan 2026 | 61.52x | 86.5x | 51.59x | — | 63.74x |
The KRM Ayurveda Limited IPO opened with strong demand on Day-1, supported by active participation from Retail and NII investors.
On Day-2, subscription levels for the KRM Ayurveda Limited IPO rose sharply due to heavy bidding from Retail, followed by NII investors.
By the end of the bidding period, the IPO was subscribed 63.74x overall, reflecting strong demand from key investor categories, led by NII, followed by QIB and Retail investors. Overall subscription for the KRM Ayurveda Limited IPO increased from 1.07x on Day-1 to 63.74x by the final day.
KRM Ayurveda Limited IPO Final Subscription
| Category | Subscription |
|---|---|
| Qualified Institutional Buyers (QIB) | 61.52x |
| Non-Institutional Investors (NII) | 86.63x |
| Retail Investors | 52.32x |
| Total | 64.1x |
KRM Ayurveda Limited IPO Allotment Status
The KRM Ayurveda Limited IPO allotment status was released on 27 Jan 2026. Investors who applied for the IPO can now check their KRM Ayurveda Limited allotment status online through the official registrar website and NSE / BSE portal.
- 🗓 Allotment Date: 27 Jan 2026
- 📈 Listing Date: 29 Jan 2026
How to Check KRM Ayurveda Limited IPO Allotment Status Online?
Investors can check the KRM Ayurveda Limited IPO allotment status online through Skyline Financial Services Private Limited and NSE websites. All platforms provide easy access to the IPO allotment details.
Just follow the below mentioned steps to check your allotment status.You can also visit
Skyline Financial Services
to know more about the IPO registrar.
Check on Skyline Financial Services Private Limited (IPO Registrar)
- Visit → Skyline Financial Services Private Limited
- Select KRM Ayurveda Limited
- Enter DPID/Client ID OR Application Number OR Pan of Investor
- Click Search to view allotment status
Check on NSE (National Stock Exchange) Website
- Go to → NSE Website
- Select Equity & SME IPO Bid Details.
- Choose KRM Ayurveda Limited IPO.
- Enter your PAN & Application Number.
- Click on Submit button.
The National Stock Exchange (NSE) provides an online facility to check the KRM Ayurveda Limited IPO allotment status.
Note: Allotment status is published only on the official registrar websites. We do not collect investor data or provide allotment verification directly.
How to Apply for KRM Ayurveda Limited IPO?
Login to Your Trading App
Open your trading app such as Angel One, Zerodha, Upstox, Groww or any brokerage app.
Go to the IPO Section
Navigate to the IPO section in the app, search for the IPO, and enter your bid details.
Enter Your UPI ID
Provide your UPI ID that is linked to your bank account for payment authentication.
Approve the Mandate
Open your UPI app and approve the payment mandate to block the required amount.
Application Confirmation
Application submitted successfully, the funds will remain blocked until allotment is finalized.
KRM Ayurveda Limited IPO Listing Analysis
Below is a quick summary of the KRM Ayurveda Limited IPO issue price, listing price, and listing gain on NSE.
| IPO Status | Issue Price | Listing Price | Listing Gain |
|---|---|---|---|
| Listed (NSE) | ₹135 | ₹172 | ▲ 27.48% |
KRM Ayurveda Limited debuted at ₹172.1, listing at a premium of +₹37 (+27.48%). The stock closed at ₹180.7. Investors earned a profit of +₹45,700 per lot.
📌 IPO Issue Price and Lot Size
The IPO of KRM Ayurveda Limited was offered in the price band of ₹135 to ₹135 per share.
- The final issue price was fixed at ₹135.
- One lot consisted of 1000 shares.
- Minimum investment: ₹135 × 1000 = ₹135,000
- Investment after Day-1: ₹180.7 × 1000 = ₹180,700
- By the end of the listing session, investors made a profit of +₹45,700 per lot.
📌 IPO Subscription Analysis
Backed by robust demand of 63.74× and institutional subscription of 61.52×, the IPO witnessed a bumper listing. The stock debuted at 27.48% and closed at 33.85%, highlighting exceptional investor confidence.
| Day | QIB | NNI | Retail | Total |
|---|---|---|---|---|
| Day 1 | 0x | 1.09x | 1.69x | 1.07x |
| Day 2 | 0x | 4.14x | 4.64x | 3.27x |
| Day 3 | 61.52x | 86.5x | 51.59x | 63.74x |
📌 Final Assessment
Overall Outcome: Outstanding IPO
- Subscription Phase: High investor participation
- Listing Phase: Bumper listing performance
- Investor Experience: Strong short-term gains for investors
About KRM Ayurveda Limited
Incorporated on 3 September 2019, KRM Ayurveda Ltd. is operating a network of hospitals and clinics across multiple cities in India.
IPO Financial Summary
- Total Assets changed by 52.11% in FY 2024-2025.
- Total Revenue changed by 13.88% in FY 2024-2025.
- Profit After Tax changed by 254.84% in FY 2024-2025.
- Reserves & Surplus changed by 104.04% in FY 2024-2025.
- Total Borrowings changed by 34.6% in FY 2024-2025.
| Metric | 2025-09-30 | 2025-03-31 | 2024-03-31 | 2023-03-31 |
|---|---|---|---|---|
| Total Assets (₹ Cr) | 78.12 | 66.79 | 43.91 | 39.48 |
| Total Revenue (₹ Cr) | 48.65 | 76.95 | 67.57 | 89.38 |
| Profit After Tax (₹ Cr) | 8.14 | 12.10 | 3.41 | 7.60 |
| Reserves & Surplus (₹ Cr) | 20.61 | 23.73 | 11.63 | 8.22 |
| Total Borrowings (₹ Cr) | 25.07 | 31.20 | 23.18 | 19.87 |
KRM Ayurveda Peer Comparison
The following table helps investors compare KRM Ayurveda IPO with its listed peers based on important financial and valuation parameters as of March 31, 2025.
| # | Company Name | EPS (₹) | P/E (x) | NAV (₹) | P/BV (x) | RoNW (%) |
|---|---|---|---|---|---|---|
| 1 | KRM Ayurveda Limited | 5.24 | - | 25.64 | - | 27.13 |
| 2 | Jeena Sikho Lifecare Limited | 8.86 | 76.58 | 142.24 | 4.77 | 31.28 |
| 3 | Vaidya Sane Ayurved Laboratories Limited | 3.07 | 93.20 | 59.85 | 4.85 | 5.12 |
Utilisation of Proceeds
The Company proposes to utilise the net IPO proceeds of approximately ₹65.93 crore towards the following objectives:
| # | Purpose | Amount (₹ Cr) | % of Total |
|---|---|---|---|
| 1 | Capital Expenditure for Construction and Development of Telemedicine Operational Facilities | 13.67 | 20.73% |
| 2 | Purchase of CRM Software and Hardware Infrastructure | 1.42 | 2.15% |
| 3 | Human Resources | 5.44 | 8.25% |
| 4 | Repayment/Prepayment of loan | 12.50 | 18.96% |
| 5 | Working Capital Requirement | 22.90 | 34.73% |
| 6 | General Corporate Purposes | 10.00 | 15.17% |
| Total | 65.93 | 100% | |
KRM Ayurveda IPO Promoter Holding
| Promoter(s) | Mr. Puneet Dhawan and Mrs. Tanya Dhawan |
|---|---|
| Pre-Issue Holding | 92.16% |
| Post-Issue Holding | 67.28% |
KRM Ayurveda Limited IPO FAQs
The KRM Ayurveda Limited IPO is a SME Bookbuilding IPO with a total issue size of ₹77.49 crore. The issue consists of a fresh issue of ₹77.49 crore.
The IPO will open for subscription on Wed, 21 Jan 2026 and will close on Fri, 23 Jan 2026.
The shares are being offered at a fixed issue price of ₹135 per equity share.
Investors can apply for the IPO with a minimum lot size of 1,000 shares.
At the upper price band, the minimum investment required for one lot is approximately ₹270,000.
The shares of KRM Ayurveda Limited are expected to be listed on NSE & SME on Thu, 29 Jan 2026.
The Grey Market Premium (GMP) of KRM Ayurveda Limited IPO is ₹23.
The expected listing price of KRM Ayurveda Limited IPO is around ₹158 based on current GMP. This indicates a potential return of approximately 17.04% , with an estimated profit of ₹23,000 per lot, subject to market conditions.
The KRM Ayurveda Limited IPO was subscribed 64.1 times on the final day of subscription.
The retail portion is subscribed 51.59 times as of 23 Jan 2026.
The QIB portion is subscribed 61.52 times and the NII portion is subscribed 86.5 times .
The IPO registrar of KRM Ayurveda Limited is Skyline Financial Services Private Limited. Skyline is responsible for processing IPO applications, finalizing allotment, crediting shares, and initiating refunds.
The allotment date is expected on Tue, 27 Jan 2026.
Allotment status is generally updated in the evening (6 PM – 10 PM) on Tue, 27 Jan 2026 on the registrar or exchange website.
Shares are expected to be credited by Wed, 28 Jan 2026.
Refunds for unsuccessful applicants will be initiated on Wed, 28 Jan 2026.
Investors can check refund status via:
- UPI mandate / bank account (NACH, NEFT, RTGS)
- ASBA bank portal
KRM Ayurveda Limited IPO is listed on NSE.
The current share price of KRM Ayurveda Limited is ₹210.30. The stock opened at ₹207.00, hit a high of ₹212.00 and a low of ₹197.60.
KRM Ayurveda Limited share price has increased by ₹4.00 (1.94%) compared to the previous close. gained 22.20% from its listing price of ₹172.10 on NSE.
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