Krystal Integrated Services Limited IPO
- IPO Date14 Mar, 2024 to 18 Mar, 2024
- Listing Date21 Mar, 2024
- Face Value₹10 per share
- Issue Price₹680 to ₹715 per share
- Lot Size20 Shares
- Minimum Investment₹14,300
- Listing AtBSE, NSE
- Total Issue Size41,97,552 Shares
(aggregating up to ₹300.12 Cr) - Fresh Issue41,97,552 Shares
(aggregating up to ₹300.12 Cr)
- Offer for Sale17,50,000 Shares
(aggregating up to ₹125.13 Cr) - Issue TypeBook Built Issue IPO
- Share holding pre issue1,15,24,400
- Shareholding post issue1,39,71,952
IPO Dates
Closing Date
18 Mar, 2024
Initiation of Refunds
20 Mar, 2024
Listing Date
21 Mar, 2024
14 Mar, 2024
Opening Date
19 Mar, 2024
Basis of Allotment
20 Mar, 2024
Credit of Shares
Krystal Integrated Services Limited Lot Size
Investors can bid for a minimum of 20 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| S-HNI (Max) | 69 | 1380 | ₹9,86,700 |
| Retail (Max) | 13 | 260 | ₹1,85,900 |
| S-HNI (Min) | 14 | 280 | ₹2,00,200 |
| Retail (Min) | 1 | 20 | ₹14,300 |
| B-HNI (Min) | 70 | 1400 | ₹10,01,000 |
Krystal Integrated Services Limited Promoter Holding
The promoters of the Company, are Prasad Minesh Lad, Neeta Prasad Lad, Saily Prasad Lad, Shubham Prasad Lad and Krystal Family Holdings Private Limited.
| Pre Issue Share Holding | Post Issue Share Holding |
|---|---|
| 99.99% | - |
Krystal Integrated Services Limited COMPANY INFORMATION
Krystal Integrated Services IPO is a book built issue of Rs 300.13 crores. The issue is a combination of fresh issue of 0.24 crore shares aggregating to Rs 175.00 crores and offer for sale of 0.18 crore shares aggregating to Rs 125.13 crores. Krystal Integrated Services IPO bidding started from March 14, 2024 and ended on March 18, 2024. The allotment for Krystal Integrated Services IPO was finalized on Tuesday, March 19, 2024. The shares got listed on BSE, NSE on March 21, 2024. Krystal Integrated Services IPO price band is set at ₹680 to ₹715 per share. The minimum lot size for an application is 20 Shares. The minimum amount of investment required by retail investors is ₹14,300. The minimum lot size investment for sNII is 14 lots (280 shares), amounting to ₹200,200, and for bNII, it is 70 lots (1,400 shares), amounting to ₹1,001,000. Inga Ventures Pvt Ltd is the book running lead manager of the Krystal Integrated Services IPO, while Link Intime India Private Ltd is the registrar for the issue. Refer to Krystal Integrated Services IPO RHP for detailed information.
Incorporated in December 2000, Krystal Integrated Services Limited is a company that provides facilities management services. They offer a wide range of services such as housekeeping, sanitation, landscaping, gardening, mechanical, electrical and plumbing services, waste management, pest control, façade cleaning, and other services such as production support, warehouse management, and airport management.
The company offers staffing, payroll management, private security, manned guarding, and catering services.
As of March 31, 2023, the company served 134 hospitals, 224 schools, 2 airports, 4 railway stations, and 10 metro stations. They also offered catering on some trains.
The company served 262 customers in 2021, 277 in 2022, and 326 in 2023.
As of March 31, 2023, the company served 2,427 customer locations across 14 states and one union territory in India..
As of March 31, 2023, the company has set up 21 branches to expand its geographical reach.
The revenue from operations, total profit for the year (after tax), and EBITDA grew at a compound annual growth rate of 22.54%, 51.17%, and 34.56%, respectively, from Fiscal 2021 to Fiscal 2023.
As of March 31st, 2023, the company has 31,881 employees working on-site in various operations.
FAQs About Krystal Integrated Services Limited Ipo
Krystal Integrated Services Limited IPO will open on 14 Mar, 2024 and close on 18 Mar, 2024. Investors must apply within this period to participate.
The Krystal Integrated Services Limited IPO price band is set between ₹680.00 and ₹715.00 per share. The minimum lot size is 20, requiring an investment of at least ₹14300.00.
The Krystal Integrated Services Limited IPO shares are expected to be listed on 21 Mar, 2024, subject to regulatory approvals and final allotment.
You can track your Krystal Integrated Services Limited IPO application status on the registrar’s website: Link Intime or KFintech using your PAN, application number, or DP ID
The Krystal Integrated Services Limited IPO will be listed on major stock exchanges such as NSE and BSE, where you can trade shares once they are listed.