Krystal Integrated Services Limited
Book Built Issue IPO · NSE, BSE
- Price band
- ₹680 - ₹715
- Lot size
- 20 shares
- Issue amount
- ₹300.13 cr
- Total subscription
- 13.49×
- Opens
- 14 Mar 2024
- Closes
- 18 Mar 2024
- Allotment
- 19 Mar 2024
- Listing
- 21 Mar 2024
Offer at a glance
Issue overview
- Issue size
- 41,97,552 shares
- Face value
- ₹10 Per Equity Share
- Minimum investment
- ₹13,600
- Fresh issue
- ₹175 cr
- Offer for sale
- ₹125.13 cr
- Registrar
- Link Intime India Private Limited
- Listing exchange
- NSE, BSE
- Maximum investment
- ₹14,300
- Issue type
- Book Built Issue IPO
- Shares before issue
- 1,15,24,400
- Shares after issue
- 1,39,71,952
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 20 | ₹14,300 |
| sHNI | 14 | 280 | ₹2,00,200 |
| bHNI | 70 | 1,400 | ₹10,01,000 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| — | — |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 60.02 | 439.19 |
| RETAIL | 105.04 | 358.22 |
| HNIs 2+ | 15.01 | 473.2 |
| HNIs 10+ | 30.01 | 1,562.66 |
Financial performance
Company financials
in ₹ Crore · Reported periods may include interim results.
Key performance indicators
| Metric | Sep-23 | Mar-23 | Mar-22 |
|---|---|---|---|
| EPS | 17.84 | 33.33 | 22.69 |
| ROE | 11.71 | 23.18 | 17.37 |
| ROCE | 16.97 | 28.82 | 25.03 |
| RONW | 11.21 | 23.53 | 16.04 |
| PRE IPO(PE) | 4.49 | 0 | 0 |
| POST IPO(PE) | 21.45 | 0 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Krystal Integrated Services Limited, incorporated in December 2000, is a leading player in the facilities management sector, offering a comprehensive suite of services including housekeeping, sanitation, landscaping, mechanical, electrical, and plumbing solutions. Expanding beyond conventional facility management, the company also specializes in waste management, pest control, and catering, ensuring end-to-end support for its diverse clientele. With partnerships spanning 134 hospitals, 224 schools, and major transportation hubs such as airports, railway stations, and metro stations, Krystal Integrated Services showcases its vast industry reach. Driven by continuous growth, an expanding customer base, and geographical diversification, the company remains a benchmark in the sector, supported by a dedicated workforce of over 31,000 employees.
Strengths
- Diverse Service Portfolio: A broad range of offerings enhances customer retention and cross-selling opportunities.
- Strategic Focus: A specialized business model allows for optimized resource allocation and industry-specific expertise.
- Strong Customer Relationships: Recurring business ensures revenue stability and reduces acquisition costs.
- Expansive Reach & Efficient Operations: A large workforce and geographic spread enable effective service delivery and market penetration.
- Proven Financial Strength: A track record of solid financial performance signals reliability and potential for scaling.
Risk factors
- Diversifying the Customer Base: Expanding into new markets or industries can reduce dependency on a few key customers.
- Reducing Reliance on Government Contracts: Targeting private sector clients and long-term service agreements could create a more balanced revenue mix.
- Optimizing Workforce Management: Implementing employee retention strategies, competitive compensation, and upskilling programs can help address manpower challenges.
- Strengthening Background Verification: Investing in robust screening processes ensures workforce reliability, minimizing compliance and reputation risks.
Promoters
Prasad Minesh Lad
Neeta Prasad Lad
Saily Prasad Lad
Shubham Prasad Lad
Krystal Family Holdings Private Limited
Registrar & documents
Lead manager
Inga Ventures Private Limited
Registrar & contacts
Link Intime India Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Krystal House 15A 17 Shivaji Fort CHS, Duncans Causeway Road, Mumbai –400022,
+912247471234
[email protected]Company website ↗Understanding KRYSTAL IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.