KIMS Hospitals has announced a significant expansion in Vishakapatnam by acquiring a 100% stake in M/s. Chalasani Hospitals Private Limited, which owns Queen’s NRI Hospital, a prominent multi-specialty healthcare facility in the city. This acquisition marks a strategic enhancement of KIMS Hospitals’ presence in the region, adding to their existing healthcare offerings. Queen’s NRI Hospital, […]
KIMS Hospitals, a major healthcare provider, has announced the expansion of its services in Bengaluru, Karnataka, with a new 350-bed super specialty hospital. This state-of-the-art facility will be situated on the campus of Peoples Education Society (PES), a respected university known for its comprehensive educational offerings across the country. The hospital, which is currently under […]
In the latest financial quarter ending December 31, 2023, Krishna Institute of Medical Sciences Limited (KIMS Hospitals) revealed its financial outcomes, showcasing a mixed financial performance with a notable revenue growth year-over-year (YoY) but a decline on a quarter-over-quarter (QoQ) basis. This detailed analysis will delve into the nuances of KIMS Hospitals’ financial and operational […]
Krishna Institute of Medical Sciences Limited (KIMS) has increased its equity holding in Sunshine Hospital, a subsidiary, from 56.61% to 59.10%, an increase of 2.49% through a secondary purchase. The shares were acquired at Rs. 340 and Rs. 400 per equity share, based on a valuation report, making the total cost of the acquisition Rs. […]
Krishna Institute of Medical Sciences (KIMS Hospitals) said that it has acquired an additional stake of 5.53% in Sarvejana Healthcare Private Limited (operating as Sunshine Hospital) at INR 340 per equity share in cash. With the latest equity investment, KIMS Hospitals has increased its stake in Sarvejana Healthcare to 56.61%. KIMS Hospitals said that the […]
Krishna Institute of Medical Sciences (KIMS Hospitals) has agreed to acquire a 51% stake in SPANV Medisearch Lifesciences, the operator of Kingsway Hospitals in Nagpur for a sum of INR 80 crores. Established in 2019 by the Sancheti family along with a few doctors, the Kingsway Hospitals in Nagpur is a multi-specialty hospital with more […]