Last updated on March 22, 2024
Krystal Integrated IPO Description – Krystal Integrated Services is a prominent player in India’s integrated facilities management services sector. The company caters to healthcare, education, public administration (including state government entities, municipal bodies, and other government offices), airports, railways, metro infrastructure, and retail sectors.
Krystal Integrated Services offers a range of services, including soft services like housekeeping, sanitation, landscaping, and gardening, as well as hard services like mechanical, electrical, and plumbing services. The company also specializes in waste management, pest control, façade cleaning, and additional services such as production support, warehouse management, and airport management.
Krystal Integrated Services extends its offerings to crucial government organizations. This includes providing services to entities such as Maha Mumbai Metro Operation Corporation Limited and the Education Department of the Brihan Mumbai Municipal Corporation. In the fiscal year 2023, revenue from government contracts totaled INR 521.28 crore, representing 73.66% of the overall revenue from operations. As of 31 March 2023, Krystal Integrated Services operates in 2,427 customer locations across 14 states and one union territory in India, supported by 21 branch offices nationwide.
Promoters of Krystal Integrated Services – Prasad Minesh Lad, Neeta Prasad Lad, Saily Prasad Lad, Shubham Prasad Lad, and Krystal Family Holdings Private Limited
Table of Contents
Krystal Integrated IPO Details
| Krystal Integrated IPO Dates | 14 – 18 March 2024 |
| Krystal Integrated Issue Price | INR 680 – 715 per share |
| Fresh issue | INR 175 crore |
| Offer For Sale | 1,750,000 shares (INR 119 – 125.12 crore) |
| Total IPO size | INR 294 – 300.12 crore |
| Minimum bid (lot size) | 20 shares (INR 14,300) |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | BSE, NSE |
Krystal Integrated Financial Performance
| Â | FY 2021 | FY 2022 | FY 2023 | H1 FY 2024 |
| Revenue | 471.29 | 552.68 | 707.64 | 451.61 |
| Expenses | 464.89 | 527.75 | 671.95 | 430.16 |
| Net income | 16.65 | 26.15 | 38.41 | 20.56 |
| Margin (%) | 3.53 | 4.73 | 5.43 | 4.55 |
Krystal Integrated Offer News
- Krystal Integrated Services IPO: All You Need to Know in 10 Points
- Krystal Integrated RHP
- Krystal Integrated DRHP
- Krystal Integrated Services to Launch IPO in March 2024
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
Krystal Integrated Valuations & Margins
| FY 2021 | FY 2022 | FY 2023 | |
| EPS | 14.45 | 22.69 | 33.33 |
| PE ratio | – | – | 20.40 – 21.45 |
| RONW (%) | 12.37 | 16.04 | 23.53 |
| NAV | 283.59 | 284.36 | 236.15 |
| ROCE (%) | 19.01 | 25.03 | 28.82 |
| EBITDA (%) | 6.39 | 8.22 | 7.70 |
| Debt/Equity | 0.50 | 0.45 | 0.31 |
Krystal Integrated IPO GMP Today (Daily Trend)
| Date | Day-wise IPO GMP | Kostak | Subject to Sauda |
| 20 March 2024 | 40 | – | 550 |
| 19 March 2024 | 60 | – | 900 |
| 18 March 2024 | 50 | – | 750 |
| 16 March 2024 | 40 | – | 600 |
| 15 March 2024 | 40 | – | 500 |
| 14 March 2024 | 40 | – | 500 |
| 13 March 2024 | 70 | – | 1,000 |
| 12 March 2024 | 85 | – | 1,200 |
Krystal Integrated Services IPO Objectives
The company proposes to utilize the Net Proceeds from the Fresh Issue towards funding the following objects:
- Repayment/prepayment, in full or part, of certain borrowings availed of by the company – INR 10 crore
- Funding working capital requirements of the company – INR 100 crore
- Funding capital expenditure for the purchase of new machinery – INR 10 crore
- General corporate purposes
Krystal Integrated IPO Subscription – Live Updates
| Category | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Shares Offered | 837,682 | 648,530 | 1,513,236 | 2,999,448 |
| 18 Mar 2024 | 7.33 | 43.90 | 3.31 | 13.21 |
| 15 Mar 2024 | 0.57 | 1.15 | 0.58 | 0.70 |
| 14 Mar 2024 | 0.33 | 0.43 | 0.34 | 0.36 |
Krystal Integrated – Comparison With Listed Peers
| Company | PE ratio | EPS | RONW (%) | NAV | Revenue (Cr.) |
| Krystal Integrated | 21.45 | 33.33 | 23.53 | 283.59 | 710.97 |
| Quess Corp | 30.06 | 15.04 | 8.74 | 173.43 | 17,158.39 |
| SIS Limited | 18.54 | 23.43 | 14.85 | 159.23 | 11,345.78 |
Krystal Integrated IPO Allotment Status
Krystal Integrated IPO allotment status is now available on Link Intime’s website. Click on Link Intime IPO weblink to get allotment status.
Krystal Integrated IPO Dates & Listing Performance
| Krystal Integrated IPO Opening Date | 14 March 2024 |
| Krystal Integrated IPO Closing Date | 18 March 2024 |
| Finalization of Basis of Allotment | 19 March 2024 |
| Initiation of refunds | 20 March 2024 |
| Transfer of shares to demat accounts | 20 March 2024 |
| Krystal Integrated IPO Listing Date | 21 March 2024 |
| Opening Price on NSE | INR 785 per share (up 9.79%) |
| Closing Price on NSE | INR 712.85 per share (down 0.30%) |
Krystal Integrated Services IPO Reviews – Subscribe or Avoid?
Angel One –
Anand Rathi –
Axis Capital –
Antique Stock Broking –
Arihant Capital –
Ashika Research –
Asit C Mehta –
BP Wealth – Subscribe
Capital Market – May Apply
Canara Bank Securities –
Choice Broking –
Dalal & Broacha –
Elite Wealth – May Apply
GCL Broking –
Geojit –
GEPL Capital – Subscribe
Hem Securities – Subscribe for long term
ICICIdirect –
Investmentz –
Jainam Broking – Neutral
DR Choksey –
LKP Research –
Marwadi Financial –
Motilal Oswal –
Nirmal Bang – Neutral
Reliance Securities –
Religare Broking –
Samco Securities – Not Rated
SMC Global – 1.5/5
Swastika Investmart – Neutral
Ventura Securities – Subscribe
Krystal Integrated Offer Lead Manager
INGA VENTURES PRIVATE LIMITED
1229, Hubtown Solaris, N.S. Phadke Marg,
Opp. Telli Galli, Andheri (East),
Mumbai, Maharashtra – 400069
Tel. No.:Â +91 022 6854 0808
Email:Â [email protected]
Website:Â www.ingaventures.com
Krystal Integrated Offer Registrar
LINK INTIME INDIA PRIVATE LIMITED
C-101, 1st Floor, 247 Park L.B.S. Marg,
Vikhroli West, Mumbai – 400 083, Maharashtra
Telephone:Â +91 22 4918 6200
Email:Â [email protected]
Website:Â www.linkintime.co.in
Krystal Integrated Contact Details
KRYSTAL INTEGRATED SERVICES LIMITED
20th Floor, Kohinoor Square, Shivaji Park,
Dadar, Mumbai – 400028, Maharashtra, India
Phone:Â +9122 47471234
Email:Â [email protected]
Website: www.krystal-group.com
Krystal Integrated Services IPO FAQs
How many shares in Krystal Integrated IPO are reserved for HNIs and retail investors?
The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%.
How to apply in Krystal Integrated Public Offer?
The best way to apply in Krystal Integrated’s public offer is through Internet banking ASBA (know all about ASBA here). You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an offline IPO form and deposit the same to your broker.
What is Krystal Integrated IPO GMP today?
Krystal Integrated IPO GMP today is INR 40 per share.
What is Krystal Integrated kostak rate today?
Krystal Integrated kostak rate today is INR NA per application.
What is Krystal Integrated Subject to Sauda rate today?
Krystal Integrated Subject to Sauda rate today is INR 550 per application.
