The Krystal Integrated IPO date has been from March 14, 2024, and closes on March 18, 2024. Read the post to learn about Krystal Integrated Limited IPO GMP.
Hey folks, big news in the financial arena! Krystal Integrated is all set to bag a whopping Rs 300.13 crores through a fixed-price IPO. The share prices are dancing between ₹680 and ₹715, and you’ll need a minimum of 20 shares for your application. Krystal Integrated IPO GMP Today is ₹60. Now, for our retail investors, it’s a minimum investment of ₹14,300, while the sNII folks need ₹200,200 for 14 lots (280 shares), and bNII better be ready with ₹1,001,000 for 70 lots (1,400 shares).
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Bidding Dates
March 14-18
Price Range
₹680 to ₹715 per share
Face Value
₹10 per share
GMP
₹60
Krystal Integrated IPO GMP
The Krystal Integrated IPO GMP Today is ₹60.
IPO Overview
Now, let’s talk strategy. Krystal Integrated is diving into the IPO game with a book-building process, aiming to secure that handsome Rs 300.13 crores. They’ve got 0.24 crore freshly minted shares up for grabs, valued at Rs 175.00 crores, and another 0.18 crore shares in the mix, valued at Rs 125.13 crores. Subscriptions open on March 14, 2024, and they’re wrapping up on March 18, 2024. Allocation’s expected by March 19, 2024, and if everything aligns, you can expect to see them hitting both BSE and NSE on March 21, 2024.
Krystal Integrated IPO Details
| IPO Date | March 14, 2024 to March 18, 2024 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | ₹680 to ₹715 per share |
| Lot Size | 20 Shares |
| Total Issue Size | 4,197,552 shares (aggregating up to ₹300.13 Cr) |
| Fresh Issue | 2,447,552 shares (aggregating up to ₹175.00 Cr) |
| Offer for Sale | 1,750,000 shares of ₹10 (aggregating up to ₹125.13 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 11,524,400 |
| Share holding post issue | 13,971,952 |
Krystal Integrated Limited Financial Information
| IPO Open Date | Thursday, March 14, 2024 |
| IPO Close Date | Monday, March 18, 2024 |
| Basis of Allotment | Tuesday, March 19, 2024 |
| Initiation of Refunds | Wednesday, March 20, 2024 |
| Credit of Shares to Demat | Wednesday, March 20, 2024 |
| Listing Date | Thursday, March 21, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on March 18, 2024 |
Krystal Integrated Services IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 20 | ₹14,300 |
| Retail (Max) | 13 | 260 | ₹185,900 |
| S-HNI (Min) | 14 | 280 | ₹200,200 |
| S-HNI (Max) | 69 | 1,380 | ₹986,700 |
| B-HNI (Min) | 70 | 1,400 | ₹1,001,000 |
Company Profile
Now, let’s dive into what Krystal Integrated is all about. Established in December 2000, they’re all about facilities management services, covering everything from housekeeping to waste management. By March 31, 2023, they were spreading their magic across 224 schools, 134 hospitals, 2 airports, 4 train stations, and 10 metro stations. And they didn’t stop there – they spread their wings to 21 branches, serving a whopping 2,427 customer locations across 14 states and one union territory in India by the same date. Now, that’s what I call reaching for the stars!
Registrar Info
| Name | Link Intime India Private Ltd |
| Phone number | +91-22-4918 6270 |
| Email ID | krystalintegrated.ipo@linkintime.co.in |
| Website | linkintime.co.in |
Contact Details
| Name | Krystal Integrated Services Limited |
| Phone number | +912247471234 |
| Email ID | company.secretary@krystal-group.com |
| Website | krystal-group.com |
IPO Strengths
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
