IPO

Krystal Integrated Services Limited IPO

Mainboard

Diversified Commercial Services

Listed On: Mar 21, 2024 at ₹ 785.0(NSE)

₹ 14300 /20 Shares

Check Allotment

Price Summary

Last Closing

540.00 (-24.48%)

52 Week High

975.00

52 Week Low

415.60

Last Update

17-Apr-2025 3:30 PM
Krystal Integrated Services Limited IPO Details

14 Mar, 2024

Open Date

18 Mar, 2024

Close Date

19 Mar, 2024

Allotment Date

21 Mar, 2024

Listing Date

Issue Price

₹680-715 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

BSE, NSE

Registrar

Link Intime India Private Ltd

List Price

785.0(NSE)

Listing Date

2024-03-21

Market Lot

Retail : 20 Shares (₹14,300/-)
S-HNI : 280 Shares (₹2,00,200/-)
B-HNI : 1,400 Shares (₹10,01,000/-)

Lead Manager

Inga Ventures Pvt Ltd

Issue Size

Total ₹300.13 Cr :
#Fresh Issue : 2,447,552 shares(aggregating up to ₹175.00 Cr) +
#OFS : 1,750,000 shares of ₹10(aggregating up to ₹125.13 Cr)

Retail Portion

35% (Number of Retail Applications: 73,457 Approx),
(Number of S-HNI Applications : 750 Approx),
(Number of B-HNI Applications : 1,499 Approx)

Subscription

13.21 times


The IPO of Krystal Integrated Services Limited is priced at ₹680-715 per equity share, which has a face value of ₹10 Per Equity Share each. The company shall list its equity shares on BSE, NSE. Link Intime India Private Ltd is the registrar of the issue.

Krystal Integrated Services Limited IPO bid opening date is from Mar 14, 2024 and the bid closing date was Mar 18, 2024.
Krystal Integrated Services Limited IPO allotment result will be available on Mar 19, 2024. The tentative listing date for Krystal Integrated Services Limited is Mar 21, 2024.


The total issue size is Total ₹300.13 Cr : #Fresh Issue : 2,447,552 shares(aggregating up to ₹175.00 Cr) + #OFS : 1,750,000 shares of ₹10(aggregating up to ₹125.13 Cr).

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Krystal Integrated Services Limited IPO Subscription Details

As onQIBNII
bNII   sNII
RetailTotal
Shares Offered / Reserved839,510629,633
419,755    209,878
1,469,1432,938,286
Day 1 - 14-03-24 05:00 PM0.33 x0.43
0.55 x   0.20 x
0.34 x0.36 x
Day 2 - 15-03-24 05:00 PM0.57 x1.15
1.46 x   0.55 x
0.58 x0.70 x
Day 3 - 18-03-24 05:00 PM7.33 x43.90
50.55 x   30.61 x
3.31 x13.21 x
Total No. of Applications: 2,64,072 (Approx)

Krystal Integrated Services Limited Valuations

EPS Pre IPO

₹33.33/-

EPS Post IPO

₹29.42/-

P/E Pre IPO

21.45

P/E Post IPO

24.30

ROE

11.71%

ROCE

16.97%

Debt/Equity

0.58

RoNW

11.21%

PAT Margin

4.56

Price to Book Value

4.49

Krystal Integrated Services Limited Company Financials All values are in ₹ Cr.

31-Mar-2331-Mar-2231-Mar-21
Assets343.47404.39338.47
Revenue710.97554.86474.31
Profit After Tax38.4426.2716.82
Net Worth163.41163.86136.08
Reserves & Surplus155.27156.04129.76
Total Borrowing47.9972.5565.31

About The Company

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.

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Krystal Integrated Services Limited - Promoter(s)

Pre Issue Share Holding: 99.99%

Post Issue Share Holding: N/A%


Company Promoter(s)
  1. Prasad Minesh Lad
  2. Neeta Prasad Lad
  3. Saily Prasad Lad
  4. Shubham Prasad Lad
  5. Krystal Family Holdings Private Limited

Krystal Integrated Services Limited IPO - Issue Objectives

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

Krystal Integrated Services Limited IPO - Anchor Investors

Krystal Integrated Services mobilises Rs 90 crore via anchor book ahead of IPO.

Total 10 institutional investors - BofA Securities Europe, ITI Flexi Cap Fund, Quant Business Cycle Fund, Aegis Investment Fund, Saint Capital Fund, Negen Undiscovered Value Fund, Coeus Global Opportunities Fund, NAV Capital and Zeal Global Opportunities Fund - participated in the anchor book.

Krystal Integrated Services Limited IPO - FAQs

Ans. Krystal Integrated Services Limited IPO is a Mainboard IPO. The issue is priced at ₹680-715 per equity share. The minimum order quantity is 20 Shares. The IPO opens on Mar 14, 2024, and closes on Mar 18, 2024. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

Ans. The Krystal Integrated Services Limited IPO opens on Mar 14, 2024 and closes on Mar 18, 2024.

Ans. The size of Krystal Integrated Services Limited IPO is Total ₹300.13 Cr : #Fresh Issue : 2,447,552 shares(aggregating up to ₹175.00 Cr) + #OFS : 1,750,000 shares of ₹10(aggregating up to ₹125.13 Cr).

Ans. The IPO price band is set between ₹680-715 per equity share.

Ans. To apply for Krystal Integrated Services Limited IPO IPO, follow the steps given below:

  • - Open the IPO Ji App or Website
  • - Find Krystal Integrated Services Limited IPO in the List of IPOs
  • - Press "Apply" Button
  • - Select Your Demat Account
  • - Select Your Shares Quantity and Submit
  • - Track Your IPO Status

Ans. The share allotment date of Krystal Integrated Services Limited IPO is Mar 19, 2024.

Ans. The Krystal Integrated Services Limited IPO will be listed on Mar 21, 2024.

Ans. Follow the steps to check the allotment status for Krystal Integrated Services Limited IPO here.