Krystal Integrated Services Limited
IPO Details
Subscription
Lot Distribution
Reservation
Company Fin.
₹63(8.81%)
Premium (ELP)
The Initial Public Offering of Krystal Integrated Services Limited's culminated in its successful listing on Mar 21, 2024 at the NSE, BSE trading platform. The company secured 41,97,552 Shares through this capital market exercise, with 24,47,552 Shares allocated to new capital formation and ₹125.13 Cr to existing shareholder liquidity.
Investors participated within the price parameters of ₹680 to ₹715, with minimum investment requirements of 20 shares. The subscription period from Mar 14, 2024 to Mar 18, 2024 witnessed active investor engagement across categories.
Following the subscription closure, share allotment was processed on Mar 19, 2024. The subsequent listing established a public market for the company's shares, enabling price discovery and secondary market trading for investors.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Krystal Integrated Services Limited, incorporated in December 2000, is a leading player in the facilities management sector, offering a comprehensive suite of services including housekeeping, sanitation, landscaping, mechanical, electrical, and plumbing solutions. Expanding beyond conventional facility management, the company also specializes in waste management, pest control, and catering, ensuring end-to-end support for its diverse clientele. With partnerships spanning 134 hospitals, 224 schools, and major transportation hubs such as airports, railway stations, and metro stations, Krystal Integrated Services showcases its vast industry reach. Driven by continuous growth, an expanding customer base, and geographical diversification, the company remains a benchmark in the sector, supported by a dedicated workforce of over 31,000 employees.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
- Diverse Service Portfolio: A broad range of offerings enhances customer retention and cross-selling opportunities.
- Strategic Focus: A specialized business model allows for optimized resource allocation and industry-specific expertise.
- Strong Customer Relationships: Recurring business ensures revenue stability and reduces acquisition costs.
- Expansive Reach & Efficient Operations: A large workforce and geographic spread enable effective service delivery and market penetration.
- Proven Financial Strength: A track record of solid financial performance signals reliability and potential for scaling.
- Diversifying the Customer Base: Expanding into new markets or industries can reduce dependency on a few key customers.
- Reducing Reliance on Government Contracts: Targeting private sector clients and long-term service agreements could create a more balanced revenue mix.
- Optimizing Workforce Management: Implementing employee retention strategies, competitive compensation, and upskilling programs can help address manpower challenges.
- Strengthening Background Verification: Investing in robust screening processes ensures workforce reliability, minimizing compliance and reputation risks.
- Prasad Minesh Lad
- Neeta Prasad Lad
- Saily Prasad Lad
- Shubham Prasad Lad
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Krystal Integrated Services Limited
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