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.
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 Objective | Amount |
Repayment/prepayment, in full or part, of certain borrowings availed of by our Company | Rs. . 10 cr |
Funding working capital requirements of our Company | Rs. . 100 cr |
Funding capital expenditure for purchase of new machinery | Rs. . 10 cr |
General corporate purposes | [●] |
Krystal integrated services limited IPO Details:
IPO Open Date | To be Updated |
IPO Close Date | To be Updated |
Basis of Allotment | To be Updated |
Listing Date | To be Updated |
Face Value | Rs. 10 per share |
Price | To be Updated |
Lot Size | To be Updated |
Total Issue Size | [.] shares |
(aggregating up to Rs. [.] Cr) | |
Fresh Issue | [.] shares |
(aggregating up to Rs. 175.00 Cr) | |
Offer For Sale | 1,750,000 shares of Rs. 10 |
(aggregating up to Rs. [.] Cr) | |
Issue Type | Book Built Issue IPO |
Listing At | BSE & NSE |
QIB Shares Offered | Not more than 50% of the Net Issue |
Retail Shares Offered | Not less than 35% of the Net Issue |
NII (HNI) Shares Offered | Not less than 15% of the Net Issue |
Comments
Post a Comment