Business Standard

Krystal Integrated Services Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

300.12 cr

Price Range (₹)

715

Lot Size

20

Min Investment (₹)

14,300.00

Listing Exchange

MumbaiNSE

Open Date

14-Mar-2024

Close Date

18-Mar-2024

Listing Date

21-Mar-2024

Krystal Integrated Services Ltd News

    The Shares of Krystal Integrated Services Ltd have now been listed.

    Krystal Integrated Services Ltd IPO Details

    Initial public offering of 41,97,552 equity shares of face value of Rs. 10 each (the Equity Shares) of Krystal Integrated Services Limited (The Company or the Company or the Issuer) for cash at a price of Rs. 715 per equity share (including a premium of Rs. 705 per equity share) (the Offer Price) aggregating to Rs. 300.12 crores comrising of a fresh issue of 2,447,552 equity shares aggregating to Rs. 175.00 crores (the Fresh Issue) and an offer for sale of 1,750,000 equity shares aggregating to Rs 125.12 crores (the Offered Shares) by Krystal Family Holdings Private Limited (the Promoter Selling Shareholder) (the Offer for Sale) (the Offer for Sale, together with the fresh issue, the Offer). Anchor investor offer Price : Rs. 715 per equity share of face value of Rs. 10 each.The face value of the equity shares is Rs. 10 each and the offer price is71.50 times the face value of the equity shares.

    Objective of issue

    Repayment/prepayment in full or part of certain borrowings availed by the company. Funding working capital requirements of the company. Funding capital expenditure for purchase of new machinery. General corporate purposes.

    Krystal Integrated Services Ltd Contact Details

    Krystal Integrated Services Ltd, C-101 247 Park, L B S Marg, Vikhroli West, Mumbai-400083

    Phone - 91-22-49186000

    Fax - 91-22-49186060

    Email - company.secretary@krystal-group.com

    Website - www.krystal-group.com