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KRM Ayurveda SME IPO

KRM Ayurveda IPO — date, price band, GMP & allotment 2026

KRM Ayurveda, a trusted name in herbal and Ayurvedic healthcare products, is launching its IPO to expand manufacturing, research, and distribution. The company specializes in natural remedies, wellness products, and personalized Ayurvedic solutions. This IPO allows investors to join a growing wellness market in India, supporting a company with a strong brand presence, commitment to quality, and focus on promoting traditional healthcare practices.

Stock price

KRM Ayurveda is listed — here is the live share price.

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The verdict
Strong Apply
100 / 100 · 1 review
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Grey market premium
₹19
+14% over ₹135 issue price
GMP history →
Subscribed
74.43×
Overall, across all categories
Fully subscribed Live subscription →
Minimum to apply
₹2,70,000
2 lots · 2000 shares at ₹135
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Abhishek Vohera, Founder of IPO Guru Researched & reviewed by Abhishek Vohera, Founder, IPO Guru Last updated Figures sourced from the RHP, BSE & NSE

Timetable

Key dates from opening to listing. Today is 11 September.

Key dates Listed
  1. Open 19 Jan 2026
  2. Close 21 Jan 2026
  3. Allotment 22 Jan 2026
  4. Refund/credit 23 Jan 2026
  5. Listing 27 Jan 2026

Issue summary

The terms of the offer, as filed.

IPO Dates 19 to 21 Jan, 2026
Price Band ₹128 to 135
Face Value ₹10
Lot Size 1000 Shares
Issue Size ₹77 Cr. Cr
Sale Type Fresh capital only
Listing On NSE SME
Registrar Skyline Financial Services Private Limited
Min Investment ₹ 2,70,000
Reservation
QIB 49.83%
NII 15.1%
Retail 35.08%

Share of the offer set aside for each investor category, as stated in the offer document.

What will it cost me?

Bidding is in multiples of 1000 shares at the ₹135 cut-off. The SME retail application is a fixed 2 lots; HNI starts at 3.

shares
lots lots
If it lists at today's grey market premium of ₹19
on
Grey market premium is an unofficial, unregulated indicator. It is not a forecast.
Application Lots Shares Amount
Retail (min) 2 2,000 ₹2,70,000
Retail (max) 2 2,000 ₹2,70,000
HNI (min) 3 3,000 ₹4,05,000

Three years of numbers

All figures in ₹ crore, as reported in the KRM Ayurveda offer document.

Total income
48.65
68
77
49
31 Mar 202431 Mar 202530 Sep 2025
Profit after tax
8.14
3
12
8
31 Mar 202431 Mar 202530 Sep 2025
EBITDA
12.83
7
19
13
31 Mar 202431 Mar 202530 Sep 2025
Borrowing vs net worth
25.07 / 36.13
31 Mar 202431 Mar 202530 Sep 2025
Borrowing Net worth
Metric 30 Sep 2025 31 Mar 2025 31 Mar 2024 31 Mar 2023
Assets 78.12 66.79 43.91 39.48
Total Income 48.65 76.95 67.57 89.38
Profit After Tax 8.14 12.10 3.41 7.60
EBITDA 12.83 19.11 7.34 11.03
NET Worth 36.13 23.88 11.78 8.37
Reserves and Surplus 20.61 23.73 11.63 8.22
Total Borrowing 25.07 31.20 23.18 19.87

See how this IPO compares — view listing performance of all SME IPOs.

Valuation & key ratios

Ratios are for the latest full financial year reported in the KRM Ayurveda RHP. EPS and P/E are post-issue — the table below carries the pre-issue comparison.

P/E Ratio
23.73
EPS (₹)
5.69
RoCE
43.33%
RoNW
67.86%
PAT Margin
15.80%

KRM Ayurveda IPO Valuation

How the issue prices the company before and after the fresh shares are created.

Valuation Metric Post-Issue
EPS (₹) ₹5.69
P/E Ratio (x) 23.73
Market Cap at Offer Price (₹ Cr) ₹193.13

Pre-issue figures use the shareholding reported in the RHP; post-issue figures use the shareholding once the fresh issue has created new shares. The two differ because of that dilution and because post-issue earnings per share are often annualised, so the change can run in either direction. Market capitalisation is calculated at the ₹135 offer price. Compare the post-issue P/E against listed peers before deciding — a premium there is growth you are paying for in advance.

Where the money goes

₹65.93 Cr of the issue is earmarked to named objects.

Capital Expenditure for Construction and Development of Telemedicine Operational Facilities ₹13.67 Cr
Purchase of CRM Software and Hardware Infrastructure ₹1.42 Cr
Human Resources ₹5.44 Cr
Repayment/Prepayment of loan ₹12.50 Cr
Working Capital Requirement ₹22.90 Cr
General Corporate Purposes ₹10.00 Cr

About the company

Incorporated on 3 September 2019, KRM Ayurveda Ltd. is operating a network of hospitals and clinics across multiple cities in India as well as marked its presence in abroad through telemedicines consulting and sales.

They manufacture Ayurvedic products, herbal and botanical remedies, medicines, supplements and possibly skin care / wellness related items.

Presently, the company runs 6 (Six) Hospitals and 5 (Five) Clinics at different locations in the country.

Interested in this IPO? Check the live subscription status or browse all upcoming SME IPOs.

Promoters
Puneet Dhawan and Tanya Dhawan
Promoter holding
92.16% 67.28%
Pre-issue → post-issue
Registered office
A-16, G T Karnal Road, Industrial Area, Delhi, New Delhi, 110033
+91- 9289101700

The bankers & the filings

Who is running the book, and the documents this page is built from.

Book-running lead manager
NEXGEN FINANCIAL SOLUTIONS PRIVATE LIMITED View track record →

Lead Manager Track Record

How the book-running lead managers on this issue have priced their past IPOs, measured on listing day.

Listed in Profit 66.7% 2 of 3 listed
Avg Listing Gain +3.6% across 3 issues
Listed Below Issue 1 of 3 listed

Best listing: Defrail Technologies (+28.4%). Weakest: Manilam Industries (-20.0%).

Listing gain compares the listing-day opening price with the issue price, using the IPOs on IPO Guru that this lead manager has taken to market. A strong record reflects how the banker has priced past issues — it is not a forecast for this one. See every issue they have handled on the lead managers page.

Company contact

Company
KRM Ayurveda
Email

Frequently asked

What is the GMP of KRM Ayurveda?

The current Grey Market Premium is ₹19, or 14% over the issue price.

What is the KRM Ayurveda IPO price band?

₹128 to ₹135, on a face value of ₹10.

When is the allotment?

The basis of allotment is 22 January 2026, with listing on 27 January 2026.

How do I check allotment status?

On the IPO Guru allotment page or on the registrar's site — Skyline Financial Services Private Limited.

KRM Ayurveda IPO

Every number here traces back to a filing.

IPO Guru tracks GMP, subscription and allotment for every SME and Mainboard issue. Every number on this page is sourced from the RHP, BSE & NSE.

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Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.

GMP
₹19
Subscribed
74.43×
Min bid
₹2,70,000
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