Krystal Integrated IPO – A Look Before You Invest

Krystal Integrated SERVICES IPO Date, Review, Price, Allotment Details

Krystal Integrated is a leading facilities management service provider in India, offering services in various sectors like healthcare, education, and railways. They are planning an initial public offering (IPO) soon. Here’s a quick analysis to help you decide if this IPO aligns with your investment goals.

Unveiling the Krystal Integrated IPO Details: What You Need to Know

Now that we have a clear understanding of Krystal Integrated as a company, let’s delve into the specifics of their upcoming IPO:

  • IPO Dates: The IPO is set to open for subscription on March 14th, 2024, and close on March 18th, 2024.
  • Price Band: The price band for the issue has been confirmed at ₹680 – ₹715 per share.
  • Minimum Lot Size: Investors can subscribe for a minimum lot size of 20 shares, requiring an investment of approximately ₹14,300 (based on the upper price band).
  • Issue Size & Allotment Details: While the exact issue size is yet to be disclosed, information regarding the allotment and listing dates will likely be announced closer to the IPO date.
IPO DateMarch 14, 2024 to March 18, 2024
Listing Date[.]
Face Value₹10 per share
Price Band₹680 to ₹715 per share
Lot Size20 Shares
Total Issue Size4,197,552 shares
(aggregating up to ₹300.13 Cr)
Fresh Issue2,447,552 shares
(aggregating up to ₹175.00 Cr)
Offer for Sale1,750,000 shares of ₹10
(aggregating up to ₹125.13 Cr)
Issue TypeBook Built Issue IPO
Listing AtBSE, NSE
Share holding pre issue11,524,400
Share holding post issue13,971,952

Krystal Integrated is a big name in India for managing facilities across different industries. They take care of cleaning, maintaining, and even staffing for places like hospitals, schools, government offices, airports, train stations, and shopping centers (source: a research report by F&S).

Here’s what Krystal Integrated offers:

  • Cleaning and Maintenance: This includes housekeeping, keeping things sanitary (clean and germ-free), gardening, and fixing things like electrical or plumbing problems (soft and hard services). They even manage waste disposal, get rid of pests, and clean building exteriors.
  • Additional Services: Krystal Integrated goes beyond basic cleaning. They can help with managing production lines in factories, warehouses, and even airports (including parking and traffic control). They can also provide staff for your business and handle payroll, security, and even catering.
  • Experience in Specific Industries: Hospitals, schools, airports, train stations, and subway systems all have special needs. Krystal Integrated has experience working in these areas and understands the unique challenges they face. For example, by March 2023, they were already providing services to over 130 hospitals and medical colleges, hundreds of schools, several airports, train stations, and metro stations, even offering catering services on some trains.

In short, Krystal Integrated is a one-stop shop for managing all the behind-the-scenes stuff that keeps businesses and organizations running smoothly, with a focus on specific needs of different industries.

Krystal Integrated Services IPO Timeline (Tentative Schedule)

Krystal Integrated Services IPO opens on March 14, 2024, and closes on March 18, 2024.

IPO Open DateThursday, March 14, 2024
IPO Close DateMonday, March 18, 2024
Basis of AllotmentTuesday, March 19, 2024
Initiation of RefundsWednesday, March 20, 2024
Credit of Shares to DematWednesday, March 20, 2024
Listing DateThursday, March 21, 2024
Cut-off time for UPI mandate confirmation5 PM on March 18, 2024

How to Apply for the Krystal Integrated IPO

The process for applying for the Krystal Integrated IPO will likely involve the following steps:

  1. Open a demat account with a broker if you don’t have one already.
  2. Link your bank account with your demat account.
  3. Select your preferred IPO and enter the bidding details (quantity and price) during the IPO window.
  4. Funds will be blocked in your bank account upon application.
  5. After the IPO allotment, shares will be credited to your demat account if your bid is accepted.

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