Krystal Integrated Services IPO Listing Highlights: Shares list at 11.2% premium over issue price

Krystal Integrated Services IPO Listing LIVE, Shivani Nyati, Head of Wealth at Swastika Investmart

Krystal Integrated Services, a provider of facility management services, witnessed a decent debut on the stock market, listing at Rs. 770 per share. This translates to a gain of around 10 per cent over its issue price of Rs. 715.

The positive listing signifies some investor confidence in Krystal's comprehensive service offerings, diverse customer base, and strong financial track record. Krystal's decent listing offers a window of opportunity, but the associated risks necessitate a cautious approach.

Investors are advised to take advantage of this listing and book their gains; however, those who still want to hold it may keep a stop loss at around 745.

Krystal Integrated Services IPO Listing LIVE, Krystal Integrated Services Share Listing NSE, BSE: Price settles at 9.8% premium to issue price in pre-open market

In the pre-opening session, Krystal Integrated Services shares settled at Rs 785 on the NSE, a premium of 9.8 per cent to the issue price of Rs 715.

Krystal Integrated Services IPO Listing LIVE, Krystal Integrated Services Share Listing NSE, BSE: Price settles at 11.2% premium to issue price in pre-open market

In the pre-opening session, Krystal Integrated Services shares settled at Rs 795 on the BSE, a premium of 11.2 per cent to the issue price of Rs 715.

Krystal Integrated Services IPO Listing LIVE, Krystal Integrated Services Share Listing NSE, BSE:  Buy, sell or hold?

According to Zee Business Managing Editor said that one can buy shares if available at good levels. Long-term investors can hold them after listing.

Krystal Integrated Services IPO Listing LIVE, Krystal Integrated Services Share Listing NSE, BSE: Check stop loss by Anil Singhvi

According to Zee Business Managing Editor, short-term investors should hold shares with a stop loss of Rs 710. Earlier, he had advised only high-risk investors to subscribe to the IPO.

Krystal Integrated Services IPO Listing LIVE, Krystal Integrated Services Share Listing NSE, BSE: Check Anil Singhvi's view on listing

According to Zee Business Managing Editor Anil Singhvi, the market seems to be heading for a good start today and therefore the shares may list at around the issue price of Rs 715.

Krystal Integrated Services IPO Listing LIVE, Krystal Integrated Services Share Listing NSE, BSE: Price range of Rs 680-715

The initial share sale had a price range of Rs 680-715 a share.

Krystal Integrated Services IPO Listing LIVE, Krystal Integrated Services Share Listing NSE, BSE: IPO had a fresh issue of up to Rs 175 crore  

The IPO had a fresh issue of up to Rs 175 crore and an offer for sale of up to 1,750,000 equity shares.

Krystal Integrated Services IPO Listing LIVE, Krystal Integrated Services Share Listing NSE, BSE: QIBs got subscribed 7.33 times

The portion for non-institutional investors received 43.90 times subscription while the category for Qualified Institutional Buyers (QIBs) got subscribed 7.33 times. The Retail Individual Investors (RIIs) part fetched 3.31 times subscription.

Krystal Integrated Services IPO Listing LIVE, Krystal Integrated Services Share Listing NSE, BSE: IPO received bids for 3,96,26,200 shares  

The initial share sale received bids for 3,96,26,200 shares against 29,99,448 shares on offer, as per NSE data.

Krystal Integrated Services IPO Listing LIVE, Krystal Integrated Services Share Listing NSE, BSE: IPO got subscribed 13.21 times 

 

The Initial Public Offering (IPO) of facility management and security services provider Krystal Integrated Services got subscribed 13.21 times on the last day of bidding on Monday.