Krystal integrated services limited IPO Details

 Krystal integrated services limited – about the company

Krystal integrated services is India's leading integrated management services company which focuses on domains like healthcare, education, public administration, airports, railways and metro infrastructure, and retail sectors. They are a key solutions provider to the government sector and have a track record of executing large contracts. The company provides services to key government customer in the healthcare, education, airport, railways and metro infrastructure sectors, including to Maha Mumbai Metro Operation Corporation Limited and Education Department, Brihan mumbai Municipal Corporation. Companies wide portfolio of services enables us to design and deliver a range of customized solutions suited to the specific needs of our customer, which bolster the customer acquisition and retention capabilities.

Their wide geographic presence enables them to offer services to customer who prefers a single service provider for their operations at multiple locations. Krystal integrated services believe that locating our branches in proximity to their customer premises also results in greater focus on, and attention to customer as well as higher quality and customized service delivery.



Krystal integrated services limited IPO Objectives

An IPO is a mix of a new issue and an offering for sale. The DRHP filed with SEBI shows fresh issuance of Rs. 175 crores and an offer to sell up to 17,50,000 equity shares for up to Rs. [●] crores by the promoter's selling shareholder.

According to the DRHP, the business intends to utilize the fresh issue to pare down some of  its debt, support capital expenditures, meet company's working capital requirements, and for other corporate objectives. However, the company will not benefit from the cash collected by the selling stockholders.

Krystal integrated services limited Fresh issue ObjectiveAmount
Repayment/prepayment, in full or part, of certain borrowings availed of by our CompanyRs. . 10 cr
Funding working capital requirements of our CompanyRs. . 100 cr
Funding capital expenditure for purchase of new machineryRs. . 10 cr
General corporate purposes[●]

 

Krystal integrated services limited IPO Details:

IPO Open DateTo be Updated
IPO Close DateTo be Updated
Basis of AllotmentTo be Updated
Listing DateTo be Updated
Face ValueRs.  10 per share
PriceTo be Updated
Lot SizeTo be Updated
Total Issue Size[.] shares
(aggregating up to Rs. [.] Cr)
Fresh Issue[.] shares
(aggregating up to Rs. 175.00 Cr)
Offer For Sale1,750,000 shares of Rs. 10
(aggregating up to Rs. [.] Cr)
Issue TypeBook Built Issue IPO
Listing AtBSE & NSE
QIB Shares OfferedNot more than 50% of the Net Issue
Retail Shares OfferedNot less than 35% of the Net Issue
NII (HNI) Shares OfferedNot less than 15% of the Net Issue





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