Krystal Integrated Services Limited IPO

Krystal Integrated Services Limited IPO is listed on BSE and NSE, priced at ₹680–₹715 per share. The stock debuted at ₹785, delivering a listing gain of 9.8%. The IPO had a lot size of ₹20 shares and a minimum investment of ₹14,300.

Krystal Integrated Services Limited IPO

Mainboard Listed
₹14,300 (20 Shares)
Minimum Investment
Check Allotment
IPO Dates
Mar 14, 2024 – Mar 18, 2024
Price band
₹680-715 per equity share
Minimum Investment
₹14,300
Issue size
₹300.13 Cr
Lot size
20
Allotment Date
Mar 19, 2024
Listing
Mar 21, 2024
Listing At
BSE, NSE

IPO timeline

  1. Mar 14, 2024

    Open Date

    Completed

  2. Mar 18, 2024

    Close Date

    Completed

  3. Mar 19, 2024

    Allotment Date

    Completed

  4. Mar 21, 2024

    Listing Date

    Completed

Price Summary

Last closing
604.40 (-15.47%)
52 week high
729.50
52 week low
500.00
Last update

Krystal Integrated Services Limited IPO Essentials

Krystal Integrated Services Limited IPO Details

Krystal Integrated Services Limited IPO is priced at ₹680-715 per share with a total issue size of 300.13 crore. The IPO has a lot size of 20 shares and is listed on BSE and NSE.

Issue price
₹680-715 per equity share
Lot size
20 shares
Face value
₹10 Per Equity Share
Issue size
Total ₹300.13 Cr :
#Fresh Issue : 2,447,552 shares(aggregating up to ₹175.00 Cr) +
#OFS : 1,750,000 shares of ₹10(aggregating up to ₹125.13 Cr)
Total issue size
41,97,552 shares
(aggregating up to ₹300.13 crore)
Fresh issue
24,47,552 shares
(aggregating up to ₹175 crore)
Offer for sale (OFS)
17,50,000 shares
(aggregating up to ₹125.13 crore)
Listing at
BSE, NSE
List price
785.0(NSE)
Listing date
Registrar
Link Intime India Private Ltd
Lead manager
Inga Ventures Pvt Ltd

Market Lot Size

Investors can bid for a minimum of 20 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (min) 1 20 ₹14,300
Retail(max) 13 260 ₹1,85,900
sHNI(min) 14 280 ₹2,00,200
sHNI(max) 69 1,380 ₹9,86,700
sHNI(min) 70 1,400 ₹10,01,000

Krystal Integrated Services Limited IPO Documents

Krystal Integrated Services Limited IPO Reservation

Krystal Integrated Services Limited IPO reservation details show category-wise allocation of shares. Out of the total 4,197,551 shares, approximately 20% are reserved for QIB, 15% for NII, 35% for retail investors, and 30% for anchor investors.

Investor Category Shares Offered Maximum Allottees
Anchor Investor Shares Offered 1,259,265 (30%)
QIB Shares Offered 839,510 (20%)
NII (HNI) Shares Offered 629,633 (15%)
bHNI > ₹10L 419,755 (10%) 1,499
sHNI < ₹10L 209,878 (5%) 749
Retail Shares Offered 1,469,143 (35%) 73,457
Total Shares Offered 4,197,551 (100%)

Krystal Integrated Services Limited IPO Analytics

Krystal Integrated Services Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

Krystal Integrated Services Limited IPO Subscription Status

Krystal Integrated Services Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO subscription status indicates investor demand across categories.

As on QIB
NII
bHNI
sHNI
Retail Total
Shares Offered / Reserved 839,510
629,633
419,755
209,878
1,469,143 2,938,286
Day 1 14-03-24 05:00 PM
0.33 x
0.43x
0.55x
0.20x
0.34 x 0.36 x
Day 2 15-03-24 05:00 PM
0.57 x
1.15x
1.46x
0.55x
0.58 x 0.70 x
Day 3 18-03-24 05:00 PM
7.33 x
43.90x
50.55x
30.61x
3.31 x 13.21 x

Krystal Integrated Services Limited Valuations

Earnings

EPS Pre IPO
₹33.33/-
EPS Post IPO
₹29.42/-
P/E Pre IPO
21.45
P/E Post IPO
24.30

Returns

ROE
11.71%
ROCE
16.97%
RoNW
11.21%
PAT Margin
4.56

Fundamentals

Debt / Equity
0.58
Price / Book
4.49

Data sourced from DRHP / RHP • For educational purposes only

Krystal Integrated Services Limited Financials( In Crs.)

31-Mar-23 31-Mar-22 31-Mar-21
Assets 343.47 404.39 338.47
Revenue 710.97 554.86 474.31
Profit After Tax 38.44 26.27 16.82
Net Worth 163.41 163.86 136.08
Reserves & Surplus 155.27 156.04 129.76
Total Borrowing 47.99 72.55 65.31

Krystal Integrated Services Limited Company & Offer Insights

About Krystal Integrated Services Limited

Krystal Integrated Services Limited is a company that provides facilities management services. They offer a wide range of services such as housekeeping, sanitation, landscaping, gardening, mechanical, electrical and plumbing services, waste management, pest control, façade cleaning, and other services such as production support, warehouse management, and airport management.

The company offers staffing, payroll management, private security, manned guarding, and catering services.

As of March 31, 2023, the company served 134 hospitals, 224 schools, 2 airports, 4 railway stations, and 10 metro stations. They also offered catering on some trains.

The company served 262 customers in 2021, 277 in 2022, and 326 in 2023.

As of March 31, 2023, the company served 2,427 customer locations across 14 states and one union territory in India..

As of March 31, 2023, the company has set up 21 branches to expand its geographical reach.

The revenue from operations, total profit for the year (after tax), and EBITDA grew at a compound annual growth rate of 22.54%, 51.17%, and 34.56%, respectively, from Fiscal 2021 to Fiscal 2023.

As of March 31st, 2023, the company has 31,881 employees working on-site in various operations.

Krystal Integrated Services Limited Promoter(s)

Prasad Minesh Lad, Neeta Prasad Lad, Saily Prasad Lad, Shubham Prasad Lad, Krystal Family Holdings Private Limited are the company's promoters of Krystal Integrated Services Limited.

Krystal Integrated Services Limited IPO Issue Objectives

Repayment/prepayment, in full or part, of certain borrowings availed of by the Company
Funding working capital requirements of our Company
Funding capital expenditure for the purchase of new machinery
General corporate purposes

Krystal Integrated Services Limited IPO - Anchor Investors

Krystal Integrated Services mobilises Rs 90 crore via anchor book ahead of IPO.

Total 10 institutional investors - BofA Securities Europe, ITI Flexi Cap Fund, Quant Business Cycle Fund, Aegis Investment Fund, Saint Capital Fund, Negen Undiscovered Value Fund, Coeus Global Opportunities Fund, NAV Capital and Zeal Global Opportunities Fund - participated in the anchor book.

Krystal Integrated Services Limited IPO - Peers Comparison

Company Name EPS (Basic) EPS (Diluted) NAV (per share) (Rs) P/E (x) RoNW (%) P/BV Ratio Financial statements
Krystal Integrated Services Limited 33.33 33.33 141.8 23.53 N/A N/A Consolidated
Quess Corp Ltd 15.16 15.04 173.43 30.06 8.74 2.9 Consolidated
SIS Limited 23.64 23.43 159.23 18.54 14.85 2.82 Consolidated
Updater Services Limited 6.77 6.7 71.93 64.65 9.4 5.87 Consolidated

Notes:

  1. The basic and diluted Earnings per Equity Share for the year presented for Krystal Integrated Services Limited have been calculated/restated after considering the bonus issue pursuant to a resolution passed by our Board dated September 26, 2023, and a special resolution passed by our Shareholders dated September 26, 2023, respectively.
  2. Basic and diluted EPS refers to the Basic EPS sourced from the publicly available financial results of the respective company for Fiscal 2023.
  3. P/E Ratio has been computed based on the closing market price (February 16, 2024) of equity shares on NSE, divided by the Diluted EPS.
  4. P/B Ratio has been computed based on the closing market price (February 16, 2024) of equity shares on NSE, divided by the NAV provided under Note (7) below.
  5. Return on Net Worth (%) = Profit for the year / Net Worth at the end of the year.
  6. Net Asset Value per Equity Share for Listed Peers (in ₹) = Net worth at the end of the year (excluding Non-controlling Interest) / Diluted Weighted number of equity shares outstanding at the end of the year.

Contact Information

Frequently Asked Questions

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Krystal Integrated Services Limited IPO is a book-built IPO worth ₹300.13 crore. The price band is ₹680–₹715 per share. The IPO opens on Mar 14, 2024 and closes on Mar 18, 2024. It will be listed on BSE and NSE. Link Intime India Private Ltd is the registrar.

The price band of Krystal Integrated Services Limited IPO is ₹680 to ₹715 per share.

The lot size of Krystal Integrated Services Limited IPO is 20 shares.

The minimum investment for Krystal Integrated Services Limited IPO is approximately ₹14,300 based on the upper price band .

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

The allotment date of Krystal Integrated Services Limited IPO is Mar 19, 2024.

Krystal Integrated Services Limited IPO is expected to be listed on Mar 21, 2024, on BSE and NSE .

Krystal Integrated Services Limited IPO listed on Mar 21, 2024. It was issued at ₹785.0(NSE) and is currently around ₹604.40 as on 14-May-2026 3:30 PM, which is approximately -15.5% versus issue price. The 52-week high is ₹729.50.

Based on listing and post-listing performance, Krystal Integrated Services Limited IPO delivered around -15.5% over issue price. Whether it was worth applying depends on your risk profile, allocation, and holding horizon.

To buy Krystal Integrated Services Limited IPO shares after listing, log in to your broker app (such as Zerodha, Angel One, Groww, Upstox, ICICI Direct), search the stock symbol, place a delivery/CNC order, and confirm quantity and price.

Krystal Integrated Services Limited IPO valuation snapshot: P/E 24.30, EPS ₹29.42/-, P/B 4.49, RoNW 11.21%, and market cap N/A.

To apply for Krystal Integrated Services Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of Krystal Integrated Services Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for Krystal Integrated Services Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Krystal Integrated Services Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Krystal Integrated Services Limited IPO allotment status on IPO Ji for quick and easy access.