Krystal Integrated IPO Date, Review, Price, Allotment Details

Krystal Integrated IPO Details: Krystal Integrated IPO date is fixed, the IPO is to hit the market on March 14. and will close on March 18. Krystal Integrated IPO to raise around ₹300.13 crores via IPO that comprises fresh issue of ₹175 crores and offer for sale up to 1,750,000 equity shares of ₹10 each. The retail quota is 35%, QIB is 50%, and HNI is 15%.
Krystal Integrated IPO

Table of Contents

Krystal Integrated is one of India’s leading integrated facilities management services companies, with a focus on healthcare, education, public administration (state government entities, municipal bodies, and other government offices), airports, railways and metro infrastructure, and retail sectors (Source: F&S Report). They provide a comprehensive range of integrated facility management service offerings across multiple sectors and consequently are among select companies in India that have a wide geographic presence and customer base, catering to almost all end-user segments, as of March 31, 2023. (Source: F&S Report).


Their range of service offerings includes soft services such as housekeeping, sanitation, landscaping, and gardening, hard services such as mechanical, electrical, and plumbing services, solid, liquid, and biomedical waste management, pest control and façade cleaning and other services such as production support, warehouse management and airport management services (including multi-level parking and airport traffic management). They also provide staffing solutions and payroll management to their customers, as well as private security and manned guarding services and catering services.

They have also built expertise in catering to the healthcare, education, airport, railways, and metro infrastructure sectors, due to their extensive experience, and understanding the unique requirements and challenges in such sectors. As of March 31, 2023, they provided their services to 134 hospitals and medical colleges, 224 schools and colleges (other than medical colleges), two airports, four railway stations, and 10 metro stations, along with catering services on certain trains/ train routes.


Objects of the Issue

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

Krystal Integrated IPO Review (Apply or Not)

  • Apply with Long term views

Brokerage Firm IPO Review

  • Capital Market: May Apply
  • Swastika Investmart Ltd – Neutral

Krystal Integrated IPO Date & Price Band Details

IPO Open:March 14, 2024
IPO Close:March 18, 2024
IPO Size:Approx ₹300.13 Crores
Fresh Issue:Approx ₹175 Crores
Offer for Sale:Approx 1,750,000 equity shares
Face Value:₹10 Per Equity Share
IPO Price Band:₹680 to ₹715 Per Share
IPO Listing on:BSE & NSE
Retail Quota:35%
QIB Quota:50%
 NII Quota:15%
Discount:N/A
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:Click Here
Anchor Investors List:Click Here

Krystal Integrated IPO Market Lot

The Krystal Integrated IPO minimum market lot is 20 shares with ₹14,300 application amount. The retail investors can apply up-to 13 lots with 260 shares or ₹185,900 amount.

ApplicationLot SizeSharesAmount
Retail Minimum120₹14,300
Retail Maximum13260₹185,900
S-HNI Minimum14280₹200,200
B-HNI Minimum701,400₹1,001,000

Krystal Integrated IPO Allotment & Listing Dates

The Krystal Integrated IPO date is March 14 and the close date is March 18. The Krystal Integrated IPO allotment will be finalized on March 19 and the IPO listing on March 21.

Price Band Announcement:March 13, 2024
IPO Open Date:March 14, 2024
IPO Close Date:March 18, 2024
Basis of Allotment:March 19, 2024
Refunds:March 20, 2024
Credit to Demat Account:March 20, 2024
IPO Listing Date:March 21, 2024

You can check IPO subscription status and IPO allotment status on their respective pages.

Krystal Integrated IPO Form

How to apply for the Krystal Integrated IPO? You can apply for Krystal Integrated IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Krystal Integrated IPO in the Invest section. The other option is you can apply for Krystal Integrated IPO via IPO forms downloaded via NSE and BSE. Check out the Krystal Integrated forms – Click BSE Forms & NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.


Krystal Integrated Company Financial Report

  ₹ in Crores
YearRevenueExpensePAT
2021₹474.30₹464.89₹16.82
2022₹554.86₹527.76₹26.28
2023₹710.97₹671.94₹38.44
Sep 2023₹455.67₹430.16₹20.59

Krystal Integrated IPO Valuation – FY2023

Check Krystal Integrated IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Earning Per Share (EPS):₹33.33 per Equity Share
Price/Earning P/E Ratio:N/A
Return on Net Worth (RoNW):23.53%
Net Asset Value (NAV):₹236.15 per Equity Share

Peer Group

  • Quess Corp Limited
  • SIS Limited

Company Promoters

  • Prasad Minesh Lad
  • Neeta Prasad Lad
  • Saily Prasad Lad
  • Shubham Prasad Lad
  • Krystal Family Holdings Private Limited

Krystal Integrated IPO Registrar

Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in/

Krystal Integrated IPO Allotment Status Check

Check Krystal Integrated IPO allotment status on Linkintime website allotment URL. Click Here

Krystal Integrated IPO Lead Managers aka Merchant Bankers

  • Inga Ventures Private Limited

Company Address

Krystal Integrated Services Ltd
Krystal House 15A 17
Shivaji Fort CHS, Duncans Causeway
Road, Mumbai –400022,
Phone: +912247471234
Email: [email protected]
Website: https://krystal-group.com/

Krystal Integrated IPO FAQs

What is Krystal Integrated IPO?

Krystal Integrated IPO is a main-board IPO. They are going to raise ₹300.15 Crores via IPO. The issue is priced at ₹680 to ₹715 pr equity share. The IPO is to be listed on BSE & NSE.

When Krystal Integrated IPO will open?

The IPO is to open on March 14, 2024 for QIB, NII, and Retail Investors.

What is Krystal Integrated IPO Investors Portion?

The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

How to Apply the Krystal Integrated IPO?

You can apply for Krystal Integrated IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

How to Apply the Krystal Integrated IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Krystal Integrated”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Krystal Integrated IPO through Upstox?

Log in to the Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Krystal Integrated”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Krystal Integrated IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Krystal Integrated”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is Krystal Integrated IPO Size?

Krystal Integrated IPO size is ₹300.15 crores.

What is Krystal Integrated IPO Price Band?

Krystal Integrated IPO Price Band is ₹680 to ₹715.

What is the Krystal Integrated IPO Allotment Date?

Krystal Integrated IPO allotment date is March 19, 2024.

What is the Krystal Integrated IPO Listing Date?

Krystal Integrated IPO listing date is March 21, 2024. The IPO is to list on BSE and NSE.

Note: The Krystal Integrated IPO price band and date are officially announced. The IPO grey market premium (Krystal Integrated IPO Premium) will be added to the IPO grey market page as it will start).

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