Incorporated on 3 September 2019, KRM Ayurveda Ltd. operates a network of Ayurvedic hospitals and clinics across India and also offers international telemedicine consultation and product sales.
KRM Ayurveda IPO 2026 – Dates, Price Band, Lot Size, Review & Full Details
Book Building IPO | NSE SME
IPO Snapshot
19 January 2026
21 January 2026
22 January 2026
27 January 2026 (Tentative)
₹128 – ₹135 per share
1,000 shares
₹77.49 Crore
Bookbuilding IPO (Fresh Issue)
KRM Ayurveda IPO Key Details
| Particular | Details |
|---|---|
| IPO Dates | 19 to 21 January 2026 |
| Face Value | ₹10 per share |
| Price Band | ₹128 to ₹135 per share |
| Total Issue Size | 57,40,000 shares (₹77.49 Cr) |
| Market Cap (Pre-IPO) | ₹287.02 Crore |
| Listing At | NSE SME |
| Issue Type | Book Building IPO |
| Sale Type | Fresh Capital |
| Registrar | Skyline Financial Services Pvt. Ltd. |
| Lead Manager | NEXGEN Financial Solutions Pvt. Ltd. |
IPO Timeline (Tentative)
| Event | Date |
|---|---|
| IPO Opens | Monday, 19 January 2026 |
| IPO Closes | Wednesday, 21 January 2026 |
| Allotment | Thursday, 22 January 2026 |
| Refunds | Friday, 23 January 2026 |
| Shares Credited | Friday, 23 January 2026 |
| Listing | Tuesday, 27 January 2026 |
IPO Lot Size & Investment Details
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Minimum & Maximum) | 2 | 2,000 | 2,70,000 |
| S-HNI (Minimum) | 3 | 3,000 | 4,05,000 |
| S-HNI (Maximum) | 7 | 7,000 | 9,45,000 |
| B-HNI (Minimum) | 8 | 8,000 | 10,80,000 |
IPO Reservation Details
| Investor Category | Reservation |
|---|---|
| QIB | Not more than 50% of Net Issue |
| NII (HNI) | Not less than 15% of Net Issue |
| Retail | Not less than 35% of Net Issue |
About KRM Ayurveda Ltd.
Incorporated on 3 September 2019, KRM Ayurveda Ltd. operates a network of Ayurvedic hospitals and clinics across India and also offers international telemedicine consultation and product sales.
The company manufactures Ayurvedic medicines, herbal and botanical remedies, supplements and wellness-related products.
As of August 31, 2025, the company operated 6 hospitals and 5 clinics with a total workforce of 429 employees.
Services & Products
- Ayurvedic Hospitals
- Clinics
- Teleconsultation Services
- KRM Ayurveda Products
Competitive Strengths
- Skilled Ayurvedic physicians and certified therapists
- Centralised GMP-certified manufacturing facility
- Strong brand trust and repeat customer base
Financial Performance (₹ Crore)
| Particular | FY25 | FY24 | FY23 |
|---|---|---|---|
| Total Income | 76.95 | 67.57 | 89.38 |
| Profit After Tax | 12.10 | 3.41 | 7.60 |
| EBITDA | 19.11 | 7.34 | 11.03 |
| Net Worth | 23.88 | 11.78 | 8.37 |
| Total Assets | 66.79 | 43.91 | 39.48 |
| Total Borrowing | 31.20 | 23.18 | 19.87 |
Objects of the Issue
| Purpose | Amount (₹ Cr) |
|---|---|
| Telemedicine infrastructure development | 13.67 |
| CRM software & hardware | 1.42 |
| Human resources | 5.44 |
| Repayment / prepayment of loans | 12.50 |
| Working capital requirements | 18.00 |
| General corporate purposes | — |
Key Performance Indicators (FY25)
| ROE | 67.86% |
| ROCE | 43.33% |
| Debt / Equity | 1.31 |
| RoNW | 67.86% |
| PAT Margin | 15.80% |
| EBITDA Margin | 24.96% |
| Post-IPO P/E | 23.73x |
Promoters
Mr. Puneet Dhawan and Mrs. Tanya Dhawan.
IPO Registrar
Skyline Financial Services Pvt. Ltd.
Phone: 022-28511022
Email: ipo@skylinerta.com
IPO Lead Manager
- NEXGEN Financial Solutions Pvt. Ltd.
Company Contact Details
KRM Ayurveda Ltd.
A-16, G T Karnal Road,
North West Delhi, New Delhi – 110033
Phone: +91-9289101700
Email: compliance@krmayurveda.com
Frequently Asked Questions (FAQ)
What is the KRM Ayurveda IPO date?
The IPO opens on 19 January 2026 and closes on 21 January 2026.
What is the price band of KRM Ayurveda IPO?
The price band is ₹128 to ₹135 per share.
What is the lot size of KRM Ayurveda IPO?
The minimum application size is 2,000 shares.
Where will KRM Ayurveda IPO list?
The IPO will list on NSE SME.