KRYSTAL INTEGRATED SERVICES IPO

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 is open for subscription on March 14, 2024 and close today March 18, 2024. The allotment for the KRYSTAL INTEGRATED SERVICES IPO is expected to be finalized on Tuesday, March 19, 2024. Krystal Integrated Services IPO will list on BSE, NSE with tentative listing date fixed as Thursday, 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.

Krystal Integrated Services IPO Anchor Investors Details

Krystal Integrated Services IPO raises Rs 90.04 crore from anchor investors. Krystal Integrated Services IPO Anchor bid date is March 13, 2024. Krystal Integrated Services IPO Anchor Investors list

About Krystal Integrated Services Limited

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.
Krystal Integrated Services Limited Financial Information (Restated Consolidated)
Krystal Integrated Services Limited’s revenue increased by 28.13% and profit after tax (PAT) rose by 46.89% between the financial year ending with March 31, 2023 and March 31, 2022.

Objects of the Issue (Krystal Integrated Services IPO Objectives)

The company proposes to utilize the Net Proceeds from the Fresh Issue towards funding the following objects:

1. Repayment/prepayment, in full or part, of certain borrowings availed of by the Company;
2. Funding working capital requirements of the Company;
3. Funding capital expenditure for the purchase of new machinery; and
4. General corporate purposes

Krystal Integrated Services Limited Contact Details

What is krystal integrated Services IPO?

Krystal Integrated Services IPO is a main-board IPO of 4,197,552 equity shares of the face value of ₹10 aggregating up to ₹300.13 Crores. The issue is priced at ₹680 to ₹715 per share. The minimum order quantity is 20 Shares.

The IPO opens on March 14, 2024, and closes on March 18, 2024.

Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

How to Apply in krystal integrated services IPO Through Zerodha

Zerodha customers can apply online in Krystal Integrated Services IPO using UPI as a payment gateway. Zerodha customers can apply in Krystal Integrated Services IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in Krystal Integrated Services IPO through Zerodha

1. Visit the Zerodha website and login to Console.
2. Go to Portfolio and click the IPOs link.
3. Go to the ‘Krystal Integrated Services IPO’ row and click the ‘Bid’ button.
4. Enter your UPI ID, Quantity, and Price.
5. ‘Submit’ IPO application form.
6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

How to Apply for integrated services IPO

You can apply in Krystal Integrated Services IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.