The Krystal Integrated Services IPO commenced on March 14, 2024, and concluded on March 18, 2024. The allotment of shares took place on March 19, 2024, and the initiation of refunds began on March 20, 2024. The shares were credited to the demat accounts of investors on March 20, 2024. Finally, the listing of Krystal Integrated Services on the stock exchange occurred on March 21, 2024.
The Krystal Integrated IPO was priced at ₹680 to ₹715 per share, with a lot size of 20 shares. The total issue size was ₹300.13 crores, comprising a fresh issue of ₹175.00 crores and an offer for sale of ₹125.13 crores. The IPO was listed on both the NSE and BSE.
In terms of quota reservations, the QIB (Qualified Institutional Buyers) quota was reserved for 20% of the shares, the NII (Non-Institutional Investors) quota was reserved for 15% of the shares, and the retail quota was reserved for 35% of the shares.
Krystal IPO Basic Details
| Company Name | Krystal Integrated Services Limited |
| Krystal Integrated Services IPO GMP Today | ₹30 |
| Krystal Integrated Services IPO Listing Gain | 4.20% |
| Krystal Integrated Services IPO Open Date | March 14, 2024 |
| Krystal Integrated Services IPO Close Date | March 18, 2024 |
| Krystal Integrated Services IPO Allotment Date | March 19, 2024 |
| Krystal Integrated Services IPO Listing Date | 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 |
| Company Promoters | Prasad Minesh Lad, Neeta Prasad Lad, Saily Prasad Lad, Shubham Prasad Lad and Krystal Family Holdings Private Limited |
Krystal Integrated Services IPO GMP Today:
| Date | GMP | Listing Gain | Kostak | Subject to |
| Today | ₹30 | 4.20% | – | – |
| 14 March 2024 | ₹30 | 4.20% | – | – |
| 13 March 2024 | ₹30 | 4.20% | – | – |
Krystal Integrated IPO Details:
Krystal Integrated Services Limited started back in December 2000, offering all sorts of services to help manage buildings and facilities. They do things like cleaning, gardening, fixing stuff like electricity and plumbing, taking care of waste, and even pest control. They also help with things like running warehouses, supporting production, and managing places like airports.
Besides that, they handle staffing, payroll, security, and feeding people.
By March 31, 2023, they were looking after 134 hospitals, 224 schools, 2 airports, 4 railway stations, and 10 metro stations. They even provided food on some trains.
Their customer base has been growing steadily, going from 262 customers in 2021 to 326 in 2023. And they’re spread out across 14 states and a union territory in India.
They’ve been setting up more branches to reach more places, with 21 branches by March 31, 2023.
Their earnings have been going up too. From 2021 to 2023, their revenue, profit, and EBITDA (that’s a measure of how well a company is doing) have been growing at a rate of around 22.54%, 51.17%, and 34.56% each year.
And as of March 31st, 2023, they had a big team of 31,881 folks working on all sorts of tasks on-site.
Krystal Integrated Services IPO More Details Click Here
Krystal Integrated Services IPO FAQs
When is Krystal Integrated Services IPO open?
Krystal Integrated Services IPO will open on 14 March 2024.
When is Krystal Integrated Services IPO Close?
Krystal Integrated Services IPO will be closed on 18 March 2024.
What is Krystal Integrated Services IPO GMP Today?
The Krystal Integrated Services IPO GMP aka Grey Market Premium is ₹30.
What is Krystal Integrated Services IPO Kostak Rates Today?
The Krystal Integrated Services IPO Kostak Rate is ₹000.
What is Krystal Integrated Services IPO Subject to Sauda Price Today?
The Krystal Integrated Services IPO subject to sauda rates is ₹000.
Krystal Integrated Services IPO Expected Returns?
The Krystal Integrated Services expected return is 4.20%.
How much will be the listing gain in Krystal Integrated Services IPO?
Krystal Integrated Services IPO will get listing gain of 4.20%. (Approx.)
