Krystal Integrated IPO Details: Krystal Integrated’s initial public offering (IPO) is scheduled to debut on March 14th, with the closing slated for March 18th. The company aims to raise approximately ₹300.13 crores through the IPO, comprising a fresh issue of ₹175 crores and an offer for sale of up to 1,750,000 equity shares valued at ₹10 each. In terms of allocation, the retail quota stands at 35%, while the Qualified Institutional Buyers (QIB) are allotted 50%, with the High Net Worth Individuals (HNI) receiving 15%.
Krystal Integrated stands out as a premier provider of integrated facilities management services in India, with a primary focus on various sectors including healthcare, education, public administration, airports, railways, metro infrastructure, and retail. Their extensive service portfolio encompasses a wide array of offerings such as soft services (housekeeping, sanitation, landscaping), hard services (mechanical, electrical, plumbing), waste management (solid, liquid, biomedical), pest control, façade cleaning, production support, warehouse management, airport management (including parking and traffic), staffing solutions, payroll management, private security, manned guarding, and catering services.
The company’s prowess lies in its ability to cater to the unique needs and challenges of sectors like healthcare, education, airports, railways, and metro infrastructure, thanks to its profound experience and understanding garnered over the years. As of March 31, 2023, Krystal Integrated has served 134 hospitals and medical colleges, 224 educational institutions, two airports, four railway stations, and 10 metro stations, in addition to providing catering services on select trains and routes.
Krystal Integrated IPO Objectives:
- 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 IPO Review (Apply or Not)
- Apply with Longterm View
Krystal Integrated IPO Date & Price Band Details:
| IPO Open: | 14-March-2024 |
| IPO Close: | 18-March-2024 |
| IPO Size: | ₹300.13 Crores (Approx) |
| Fresh Issue: | ₹175 Crores (Approx) |
| Offer for Sale: | 1,750,000 equity shares (Approx) |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹680 to ₹715 Per Share |
| IPO Listing on: | BSE & NSE |
| Retail Quota: | 35% |
| QIB Quota: | 50% |
| NII Quota: | 15% |
| Discount: | N/A |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
Krystal Integrated IPO Lot Size:
For the Krystal Integrated IPO, the minimum market lot comprises 20 shares, requiring an application amount of ₹14,300. Retail investors have the option to apply for up to 13 lots, equivalent to 260 shares or ₹185,900 in total.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 20 | ₹14,300 |
| Retail Maximum | 13 | 260 | ₹185,900 |
| S-HNI Minimum | 14 | 280 | ₹200,200 |
| B-HNI Minimum | 70 | 1,400 | ₹1,001,000 |
Krystal Integrated IPO Timeline:
The Krystal Integrated IPO is scheduled to commence on March 14, with the closing date set for March 18. Allotment for the IPO will be completed by March 19, and the IPO is expected to be listed on March 21.
| Price Band Announcement: | 13-March-2024 |
| IPO Open Date: | 14-March-2024 |
| IPO Close Date: | 18-March-2024 |
| Basis of Allotment: | 19-March-2024 |
| Refunds: | 20-March-2024 |
| Credit to Demat Account: | 20–March-2024 |
| IPO Listing Date: | 21-March-2024 |
Krystal Integrated IPO GMP Today:
The Grey Market Premium (GMP) for the Krystal Integrated IPO today is +70, indicating that the share price is trading at a premium of ₹70 in the grey market.
Krystal Integrated Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2021 | ₹474.30 | ₹464.89 | ₹16.82 |
| 2022 | ₹554.86 | ₹527.76 | ₹26.28 |
| 2023 | ₹710.97 | ₹671.94 | ₹38.44 |
| Sep 2023 | ₹455.67 | ₹430.16 | ₹20.59 |
Krystal Integrated IPO Valuation – FY2023
Check Krystal Integrated IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹33.33 per Equity Share |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 23.53% |
| Net Asset Value (NAV): | ₹236.15 per Equity Share |
Peer Group
- Quess Corp Limited
- SIS Limited
Company Promoters
- Prasad Minesh Lad
- Neeta Prasad Lad
- Saily Prasad Lad
- Shubham Prasad Lad
- Krystal Family Holdings Private Limited
Krystal Integrated IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: Signatureglobal.ipo@linkintime.co.in
Website: https://linkintime.co.in/
Krystal Integrated IPO Allotment Status Check
Check Krystal Integrated IPO allotment status on Linkintime website allotment URL. Click Here
Krystal Integrated IPO Lead Managers aka Merchant Bankers
- Inga Ventures Private Limited
Company Address
Krystal Integrated Services Ltd
Krystal House 15A 17
Shivaji Fort CHS, Duncans Causeway
Road, Mumbai –400022,
Phone: +912247471234
Email: company.secretary@krystal-group.com
Website: https://krystal-group.com/
