KIMS Hospitals Closes QIP, Allots 1.98 Cr Shares at ₹755

Krishna Institute of Medical Sciences Ltd (KIMS Hospitals) announced the closure of its Qualified Institutions Placement (QIP) issue on June 19, 2026. The Finance & Investment Committee approved the allocation of 19,867,549 Equity Shares to eligible qualified institutional buyers at a price of ₹755 per share. This price includes a premium and reflects a discount of ₹16.73 per share on the floor price, as permitted by SEBI regulations. The company also approved the placement document and confirmed the allocation notes to be sent to the buyers, along with refund intimations for unsuccessful bidders. The issue opened on June 16, 2026.