Krystal Integrated Services IPO opens: Check GMP, issue details before investing

Krystal Integrated Services IPO: Krystal Integrated Services IPO opens for subscription on March 14 and will close on March 18.

Published on: Mar 14, 2024, 09:36:19 IST

By HT News Desk

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Krystal Integrated Services IPO: The initial public offering for Krystal Integrated Services IPO opens for subscription today (March 14). The company is one India's top providers of integrated facilities management services and offers a wide range of services across several industries. The company's promoters are Prasad Minesh Lad, Neeta Prasad Lad, Saily Prasad Lad, Shubham Prasad Lad and Krystal Family Holdings Private Limited and its listed peers are Quess Corp Ltd, SIS Ltd and Updater Services Ltd.

Krystal Integrated Services IPO: Krystal Integrated Services IPO opens for subscription on March 14. Check details here (File Photo)

Here are top things you need to know about Krystal Integrated Services IPO:

Krystal Integrated Services date: Krystal Integrated IPO opens for subscription on March 14 and will close on March 18.

Krystal Integrated Services IPO price band: The price band has been fixed in the range of ₹680 to ₹715 per equity share of the face value of ₹10. Investors can bid for a minimum of 20 shares and in multiples thereof.

Krystal Integrated Services IPO details: The IPO comprises a fresh issue of ₹175 crore, and an offer-for-sale (OFS) of up to 1,750,000 equity shares of face value of ₹10 each by the selling shareholder.

Read more: Stock market crash in numbers: 1,100 stocks hit lower circuit. There were top losers

Krystal Integrated Services IPO objectives: The net proceeds form the IPO will be used by the company for working capital needs, funding capital expenditure and general corporate purposes.

Krystal Integrated Services IPO listing date and allotment: Krystal Integrated Services IPO basis of allotment of shares is likely to be finalised on March 19, and the company will initiate refunds on March 20. The listing is likely to take place on March 21.

Registrar of the IPO: The IPO's book running lead manager is Inga Ventures Pvt Ltd, and the registrar is Link Intime India Private Ltd.

Krystal Integrated Services IPO GMP today: Krystal Integrated IPO GMP today is +70 which indicates that the share price was trading at a premium of ₹70 in the grey market.

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HT News Desk
Follow the latest breaking news, major developments and agenda-setting stories from India and around the world with the newsdesk at Hindustan Times. Operating round the clock, the desk brings together experienced editors, reporters and correspondents to deliver fast, accurate and contextual reporting across subjects that influence public policy, governance, business, society and international affairs. The HT News Desk covers politics, elections, government policies, the economy, business and markets, science and technology, the environment, law and order, infrastructure, education, climate issues and geopolitics, while closely tracking developments across states, institutions and global capitals. The team also leads coverage of major breaking news events, policy announcements, court proceedings, natural disasters, public emergencies and significant international developments. Reports published by the newsdesk are based on information gathered from reporters on the ground, official statements, government agencies, court records, regulatory filings, recognised institutions and other authoritative sources. Stories undergo editorial scrutiny and verification processes to ensure accuracy, fairness and relevance, and are updated as events evolve and additional information becomes available. Whether covering a key political decision in New Delhi, an economic policy shift affecting millions, a landmark court ruling or a major global event, the HT News Desk aims to provide readers with reliable, fact-based journalism that delivers not only the latest developments but also the context and analysis needed to understand their wider implications.Read More

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Krystal Integrated Services IPO opens: Check GMP, issue details before investing

Krystal Integrated Services IPO: Krystal Integrated Services IPO opens for subscription on March 14 and will close on March 18.

Read more: Stock market crash: These IPOs listed with premium in FY24 are trading below their issue price

Here are top things you need to know about Krystal Integrated Services IPO:

Read more: Stock market crash in numbers: 1,100 stocks hit lower circuit. There were top losers