KRM Ayurveda IPO: Price, Subscription, and Grey Market Premium (GMP) Details
KRM Ayurveda IPO Brief
**Offer Details**
KRM Ayurveda has opened its initial public offering for subscription. Positioned within the SME segment, the total issue size stands at **Rs 77.49 crore**.
**Business Model**
The company operates in the healthcare sector, managing hospitals and clinics specifically focused on Ayurvedic treatments and medicines. It currently holds a pre-IPO valuation of **Rs 287 crore**.
**Utilization of Funds**
Proceeds generated from the fresh issue will be deployed primarily for business expansion initiatives and the repayment of outstanding debt.
**Key Timeline**
The bidding process is underway, with the stock scheduled to list on the exchanges on **January 29**.