Krystal Integrated Services IPO subscribed 4.67 times on Day 3 so far

Krystal Integrated Services IPO: The initial public offering (IPO) of Krystal Integrated Services, a facilities management services provider opened on Thursday, March 14. The issue is a book-built issue, which comprises a fresh issue of Rs 175 crore and an offer for sale (OFS) of 0.18 crore shares.

Krystal Integrated Services IPO: Here are 10 key details to know

Krystal Integrated Services IPO subscription status

According to provisional exchange data, the IPO's share sale received bids for 1,40,22,380 shares against 29,99,448 shares on offer, translating into a subscription of 4.67 times on Monday, the third day of the bidding process so far.

Krystal Integrated Services IPO Price band

Krystal Integrated Services IPO has fixed the price band in the range of Rs 680–Rs 715 per share.

Krystal Integrated Services IPO Lot Size

The minimum lot size for an application is 20 shares. Hence, the minimum amount of investment required by retail investors is Rs 14,300.

Krystal Integrated Services IPO review: Should you apply

According to Zee Business Managing Editor Anil Singhvi, there is a lot of volatility in the market and it would be better to review the shares of Krystal Integrated Services once they are listed on the bourses. 

"Only high-risk investors should subscribe to the IPO. It would be better to make a strategy on the shares once they get listed," Singhvi said. Read more 

#IPOAlert |

Krystal Intergrated Services : IPO आज से 18 मार्च तक खुला रहेगा

प्राइस बैंड: ₹680-715

लॉट साइज : 20 शेयर#KrystalIntergratedIPO पर मेरी राय  https://t.co/VWU3f4t0DI#IPOToInvest #IPOs #ZeeBusiness #StockMarket pic.twitter.com/cZxh588yPv

— CA Anil Singhvi Zee Business (@AnilSinghvi_) March 14, 2024

Krystal Integrated Services IPO Close Date

Monday, March 18, 2024

Krystal Integrated Services IPO Allotment Date

Tuesday, March 19, 2024

Krystal Integrated Services IPO Listing Date

Thursday, March 21, 2024

Krystal Integrated Services IPO

Inga Ventures is the only book-running lead manager for the issue.

Krystal Integrated Services IPO registrar

Link Intime India is the registrar for the IPO.

Krystal Integrated Services IPO: Fund Utilisation

Debt repayment, funding working capital requirements, funding capital expenditure for the purchase of new machinery, and general corporate purposes are the objectives of utilising the net proceeds.

What does Krystal Integrated Services do?

Incorporated in 2000, Krystal Integrated Services 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.

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