Krystal Integrated IPO Details | GMP, Date, Price, Review

Krystal Integrated Services IPO Details ( Krystal Integrated Services Limited IPO Review )

(14 Mar 2024 – 18 Mar 2024)

Founded in December 2000, Krystal Integrated Services Limited is a company that takes care of buildings and spaces. They do things like cleaning, fixing, and managing different services like plumbing and electricity. They also handle things like garbage, bugs, and keeping the outside of buildings clean. They help with other tasks too, like managing warehouses and working at airports.

Besides that, they offer services like finding and paying people to work, making sure everyone gets paid properly, keeping places safe with security guards, and providing food services.

By March 31, 2023, they were working with 134 hospitals, 224 schools, 2 airports, 4 train stations, and 10 subway stations. They even provided food on some trains.

In 2021, they worked with 262 customers, then with 277 in 2022, and by 2023, they were serving 326.

As of March 31, 2023, they were helping out at 2,427 different places in 14 states and one union territory in India.

By that time, they had opened 21 new branches to reach more places.

Their money from doing business, the profit they made after paying taxes, and their earnings before taxes, all grew by about 22.54%, 51.17%, and 34.56%, each year from 2021 to 2023.

And as of March 31st, 2023, they had a whopping 31,881 workers doing various jobs on-site.

Krystal Integrated Services Limited IPO Competitive Strength

• Comprehensive range of service offerings providing one-stop solution to customers
• Focused business model which is well-positioned to capture favourable industry dynamics
• Longstanding relationship with customers across diverse sectors, with recurring business
• Wide geographic presence with large and efficient workforce, coupled with strong recruitment and training capabilities
• Historical track-record of strong financial performance, with a scalable, agile and efficient business model
• Track record of high quality and efficient service delivery

Krystal Integrated IPO Financials Performance ( Results )

Krystal Integrated Services Limited Financial Information (Restated Consolidated)

All Amount in ₹ Crores

Period Ended	Total Assets	Total Revenue	PAT	EPS (₹)	Net Worth	NAV (₹)	Reserves	Borrowing
31-Mar-21	338.47	474.31	16.65	14.45	136.08	118.08	129.76	65.31
31-Mar-22	404.39	554.86	26.15	22.69	163.86	142.18	156.04	72.55
31-Mar-23	343.47	710.97	38.41	33.33	163.41	141.80	155.27	47.99
30-Sep-23	449.83	455.67	20.56	17.84	183.68	159.39	170.09	103.36

Objective of Krystal Integrated Services IPO Issue

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

Krystal Integrated Services IPO Basic Details

IPO Date	Mar 14, 2024 to Mar 18, 2024
Listing Date	Thursday, March 21, 2024
Face Value	₹10 per share
Price	₹680 to ₹715 per share
Lot Size	20 Shares
Issue Size	4,197,552 shares of ₹10 (aggregating up to ₹300.13 Cr)
Fresh Issue	2,447,552 shares of ₹10 (aggregating up to ₹175.00 Cr)
Offer for Sale	1,750,000 shares of ₹10 (aggregating up to ₹125.13 Cr)
Issue Type	Book Built Issue IPO
Listing At	NSE, BSE
Share holding pre issue	11,524,400
Share holding post issue	13,971,952
Company Promoters	Prasad Minesh Lad, Neeta Prasad Lad, Saily Prasad Lad, Shubham Prasad Lad and Krystal Family Holdings Private Limited

Krystal Integrated Services IPO Reservation

Anchor Investor Shares Offered	30% of the Net Issue
QIB Shares Offered	20% of the Net Issue
NII (HNI) Shares Offered	15% of the Net Issue
Retail Shares Offered	35% of the Net Issue

Krystal Integrated IPO Timetable

Krystal Integrated IPO will open on March 14, 2024 and close on March 18, 2024. You can join Krystal Integrated IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.

Event	Date
Opening Date	14 March 2024 (Thursday)
Closing Date	18 March 2024 (Monday)
Basis of Allotment	19 March 2024 (Tuesday)
Initiation of Refunds	20 March 2024 (Wednesday)
Credit of Shares to Demat	20 March 2024 (Wednesday)
Listing Date	21 March 2024 (Thursday)
Deadline for UPI mandate confirmation	5 PM on 18 March 2024

Krystal IPO Lot Size

For retail investors in Krystal IPO, 20 shares will come in 1 lot or the minimum investment will be ₹14,300. Retail-individual investors can apply for up to 1 lots or the maximum investment will be ₹185,900.

Application	Lots	Shares	Amount
Retail (Min)	1	20	₹14,300
Retail (Max)	13	260	₹185,900
S-HNI (Min)	14	280	₹200,200
S-HNI (Max)	69	1380	₹986,700
B-HNI (Min)	70	1400	₹1,001,000

Krystal Integrated Services IPO Promoter Holding

The company’s promoters include Prasad Minesh Lad, Neeta Prasad Lad, Saily Prasad Lad, Shubham Prasad Lad and Krystal Family Holdings Private Limited.

Pre Issue Share Holding	99.99%
Post Issue Share Holding

Krystal Integrated Services Ltd IPO Key Performance Indicator ( Valuation )

In the table given below, all the figures have been told according to the latest financial year.

KPI	Values
Market Cap (₹ Cr.)	998.99
Earning Per Share (EPS)	₹33.33 per Equity Share
Net Asset Value (NAV)	₹141.80 per Equity Share
P/E Ratio (P/E) (x)	21.45
Post P/E Ratio (P/E) (x)	24.30
Return on Net Worth (RoNW) (%)	11.21
Return on equity (ROE) (%)	11.71
Return on Capital Employed (ROCE) (%)	16.97
Debt/Equity Ratio	0.58
Price/Book Value Ratio	4.49

Krystal Integrated Services IPO GMP Live Update, Kostak Rate day by day

Date	GMP	Kostak	Subject to
Today	₹30	–	–
14 March 2024	₹30	–	–
13 March 2024	₹30	–	–

Krystal Integrated Services IPO Detail Video:

Krystal Integrated Services IPO Subscription Status (Bidding Detail)

The Krystal Integrated Services IPO on March 18, 2024 at 7:02:00 PM was subscribed 13.49 times, with the retail category being subscribed 3.42 times, the NII (Non-Institutional Investor) category being subscribed 45.23 times, QIB (Qualified-Institutional Buyers) category being subscribed 7.32 times.

Category	Subscription
QIB	7.32x
NII	45.23x
Retail	3.42x
Total	13.49x

Krystal Integrated Services IPO Prospectus

Krystal Integrated Services IPO DRHP	Download
Krystal Integrated Services IPO RHP	Download
Krystal Integrated Services IPO Anchor Investors Details PDF	Download

Krystal Integrated Services IPO Rating

Our Rating

3.0/5.0

Krystal Integrated Services Company Contact Information

Krystal Integrated Services Limited

Registered Office: Krystal House 15A 17, Shivaji Fort CHS, Duncans Causeway Road, Mumbai – 400 022, Maharashtra, India
Tel: +9122 43531234
Corporate Office: 20th Floor, Kohinoor Square, Shivaji Park, Dadar, Mumbai – 400028, Maharashtra, India
Tel: +9122 47471234
Contact Person: Stuti Maru, Company Secretary and Compliance Officer
Email: company.secretary@krystal-group.com
Website: https://krystal-group.com/
Corporate Identity Number: U74920MH2000PLC129827
Our Promoters: Prasad Minesh Lad, Neeta Prasad Lad, Saily Prasad Lad, Shubham Prasad Lad and Krystal Family Holdings Private Limited

Krystal Integrated Services IPO Registrar

Link Intime India Private Limited

Registered Office: C-101, 1st floor, 247 Park, Lal Bahadur Shastri Marg Vikhroli (West), Mumbai 400 083, Maharashtra, India
Tel: +91 22 4918 6200
E-mail: krystalintegrated.ipo@linkintime.co.in
Website: www.linkintime.co.in
Investor grievance e-mail: krystalintegrated.ipo@linkintime.co.in
Contact person: Shanti Gopalkrishnan
SEBI Registration No.: INR000004058

Krystal Integrated Services IPO Lead Manager

Inga Ventures Private Limited

Registered Office: 1229 Hubtown Solaris N.S. Phadke Marg, Opp. Telli Galli, Andheri (East), Mumbai 400 069, Maharashtra, India
Tel: +91 6854 0808
E-mail: krystal.ipo@ingaventures.com
Website: www.ingaventures.com
Investor grievance ID: investors@ingaventures.com
Contact person: Kavita Shah
SEBI Registration No: INM000012698

Krystal Integrated Services IPO FAQs