The Krystal Integrated Services IPO started on March 14, 2024, and ended on March 18, 2024. Shares were allocated on March 19, 2024, and refund processes began on March 20, 2024. On March 20, 2024, the shares were credited to investors demat accounts. Krystal Integrated Services was officially listed on the stock exchange on March 21, 2024.
During the IPO, Krystal Integrated offered shares at a price range of ₹680 to ₹715 per share, and the lot size was 20 shares. The total issue size was ₹300.13 crores, with ₹175.00 crores from new shares and ₹125.13 crores from shares for sale. The IPO was listed on both the NSE and BSE.
Regarding share reservations, 20% of the shares were allocated to Qualified Institutional Buyers (QIB), 15% were reserved for Non-Institutional Investors (NII), and 35% were set aside for retail investors.
Krystal Integrated IPO Subscription Update Video
Krystal Integrated Services IPO Subscription Status
The Krystal Integrated Services IPO on March 18, 2024 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, the 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 IPO Basic Details
| Company Name | Krystal Integrated Services Limited |
| 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 |
About Krystal Integrated Services Limited
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.
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Krystal Integrated Services IPO FAQs
What is the start and end date of Krystal Integrated Services IPO Subscription?
The Krystal Integrated Services IPO started on March 14, 2024, and ended on March 18, 2024.
When does Krystal Integrated Services IPO Subscription open?
The Krystal Integrated Services IPO open on March 14, 2024.
When does Krystal Integrated Services IPO Subscription close?
The Krystal Integrated Services IPO Close on March 18, 2024.
What is the allotment date of Krystal Integrated Services IPO?
The allotment date for Krystal Integrated Services IPO is March 19, 2024.
When is the initial refund date of Krystal Integrated Services IPO?
The initial Refund date for Krystal Integrated Services IPO is March 20, 2024.
When were the shares credited to investors demat accounts for the Krystal Integrated Services IPO?
The shares for the Krystal Integrated Services IPO were credited to investors demat accounts on March 20, 2024.
When will Krystal Integrated Services IPO be listed on the stock market?
Krystal Integrated Services IPO stock market will be listed on March 21, 2024 at 10 am.
What was the price range of the Krystal Integrated Services IPO shares?
The Krystal Integrated Services IPO shares were offered at a price range of ₹680 to ₹715 per share.
What was the lot size for the Krystal Integrated Services IPO shares?
The lot size for the Krystal Integrated Services IPO shares was 20 shares.
What was the total issue size of the Krystal Integrated Services IPO?
The total issue size of the Krystal Integrated Services IPO was ₹300.13 crores.
How were the shares allocated among different types of investors for the Krystal Integrated Services IPO?
20% of the shares were allocated to Qualified Institutional Buyers (QIB), 15% were reserved for Non-Institutional Investors (NII), and 35% were set aside for retail investors.
On which stock exchanges was the Krystal Integrated Services IPO listed?
The Krystal Integrated Services IPO was listed on both the NSE and BSE.
What is the Krystal Integrated Services IPO Subscription Status?
Krystal Integrated Services IPO is subscribed 13.49 Times.
