Krystal Integrated Services Ltd
Price Range
₹680 - ₹715
Min. Quantity
20
Closes on
18 March 2024
Min. investment
₹14,300/260 Shares
Krystal Integrated Services Ltd IPO Timeline
Krystal Integrated Services Ltd was incorporated as Sea King Enterprises Private Limited' at Mumbai as a Private Company on December 1, 2000 issued by the Registrar of Companies, Mumbai. Thereafter, name of the Company was changed to Krystal Tradecom Private Limited' dated February 6, 2001. The Company diversified its activities and the name of Company was changed from Krystal Tradecom Private Limited' to Krystal Integrated Services Private Limited', dated May 19, 2009. As a result, the Company converted into a Public Limited Company and the name was changed to Krystal Integrated Services Limited' vide fresh Certificate of Incorporation dated August 4, 2023 issued by the RoC.
| Event | Date |
|---|---|
| Krystal Integrated Services Ltd IPO Opening Date | 14 March 2024 |
| Krystal Integrated Services Ltd IPO Closing Date | 18 March 2024 |
| Basis of Allotment | 19 March 2024 |
| Initiation of Refunds | 20 March 2024 |
| Credit of Shares to Demat | 20 March 2024 |
| Krystal Integrated Services Ltd IPO Listing Date | 21 March 2024 |
Krystal Integrated Services Ltd IPO Details
| Krystal Integrated Services Ltd IPO Date | 14 March 2024 to 18 March 2024 |
| Krystal Integrated Services Ltd IPO Face Value | ₹10 per share |
| Krystal Integrated Services Ltd IPO Price | ₹680 to ₹715 per share |
| Krystal Integrated Services Ltd IPO Lot Size | 20 |
| Issue Size | Shares of ₹10 (aggregating up to ₹300.12 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹175 Cr) |
| Offer for Sale | Shares of ₹10 (aggregating up to ₹125.12 Cr) |
| Issue Type | (Book Built Portion) |
| Listing At | BSE, NSE |
| QIB Shares Offered | Not more than 8,37,682 of the Net Offer |
| Retail Shares Offered | Not less than 15,13,236 of the Net Offer |
| NII (HNI) Shares Offered | Not less than 6,48,530 of the Net Offer |
| Company Promoters | Prasad Minesh Lad, Neeta Prasad Lad, Saily Prasad Lad |
Krystal Integrated Services Ltd IPO Lot Size
The Krystal Integrated Services Ltd IPO lot size is 20 shares. A retail-individual investor can apply for up to 13 lots (260 shares or ₹1,85,900).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 20 | ₹14,300 |
| Maximum | 13 | 260 | ₹1,85,900 |
- Strengths
- Risks
- Opportunities
- 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 business model, with revenue from operations amounting to Rs. 4,712.89 million, Rs. 5,526.76 million, Rs. 7,076.36 million and Rs. 4,516.08 million in Fiscals 2021, 2022 and 2023 and six months ended September 30, 2023, respectively, and total profit for the year (after tax) amounting to Rs. 168.24 million, Rs. 262.74 million, Rs. 384.44 million and Rs. 205.86 million in Fiscals 2021, 2022 and 2023 and six months ended September 30, 2023, respectively.
Company Financials
Krystal Integrated Services Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 626.26 | 992.8 | 48.23 |
| 03-2023 | 335.35 | 688.26 | 38.21 |
| 03-2022 | 396.02 | 540.18 | 26.02 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Repayment/prepayment in full or part of certain borrowings availed by the company
- Funding working capital requirements of the company
- Funding capital expenditure for purchase of new machinery
- General corporate purposes
Krystal Integrated Services Ltd IPO Promoter Holding
| Pre Issue Share Holding | - |
| Post Issue Share Holding | - |
Krystal Integrated Services Ltd IPO Subscription Status (Bidding Detail)
The Krystal Integrated Services Ltd IPO is subscribed 13.21 times on 18 March 2024 05:00:00 PM. The public issue subscribed 3.32 times in the retail category, 7.33 times in the QIB category, and 43.91 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | 7.33 | 43.91 | 3.32 | - | 13.21 |
Krystal Integrated Services Ltd IPO Prospectus
Krystal Integrated Services Ltd IPO Listing Date
| Listing Date | 21 March 2024 |
| BSE Script | 544149 |
| NSE Symbol | KRYSTAL |
| Listing In | BSE, NSE |
| ISIN | INE0QN801017 |
| IPO Price | ₹715 |
| Face Value | ₹10 |
Company Contact Information
Krystal House 15A 17 ShivajiFort CHS Duncans Causeway Road,Mumbai-400022
Phone: 91 22 4353 1234
Email: company.secretary@krystal-group.com
Website: www.krystal-group.com
Krystal Integrated Services Ltd IPO Registrar
Krystal Integrated Services Ltd IPO Lead Manager(s)
- Inga Ventures Pvt Ltd
FAQ
What is the issue size of Krystal Integrated Services Ltd IPO?
I have pre-applied for Krystal Integrated Services Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.