Krystal Integrated Services Limited IPO

Price
₹680 - ₹715
Lot
20
Subs.
13.49
Expected Listing Earning

Exp. Premium(GMP):
90.02(12.59%)
IPO Details

Open Date: 14-Mar-2024
Close Date: 18-Mar-2024
Allotment Date: 19-Mar-2024
Listing Date: 21-Mar-2024
Listing Price: N/A
Face Value: ₹10 Per Equity Share
Issue Price: ₹680-715 Per Equity Share
Issue Size: Total Issue Size 4,197,552 shares (aggregating up to ₹300.13 Cr) : Fresh Issue 2,447,552 shares (aggregating up to ₹175.00 Cr) : Offer for Sale 1,750,000 shares of ₹10 (aggregating up to ₹125.13 Cr)
Market Lot (Min Amount): Retail - ₹14,300 : S-HNI - ₹200,200 : B-HNI - ₹1,001,000
Subscription Details Updated at End of the Day

As on

QIB

Nll

Rll

Total

Shares Offered/Reserved839,510629,6331,469,1432,938,286
Day 1 - 14-03-24 
05:00 PM
0.33x0.45x0.37x0.38x
Day 2 - 15-03-24 
05:00 PM
0.57x1.19x0.60x0.72x
Day 3 - 18-03-24 
05:00 PM
7.32x45.23x3.42x13.49x
Total No. of Application:264,406 (Approx.)
Retail Subscription on the basis of Apps:3.60x
Valuations

Earning Per Share(EPS)33.33/-
P/E Ratio21.45
RoNW11.21%
Net Asset Value (NAV) - Post Issue:141.80/-
Company Financials (in Crore)

 Total AssetsTotal RevenueProfit After Tax
31 Sep,2023449.83455.6720.56
31 Mar,2023343.47710.9738.41
31 Mar,2022404.39554.8626.15
31 Mar,2021338.47474.3116.65
Promoter(s)

Pre Issue Share Holding99.99%
Post Issue Share HoldingN/A%
Company Promoter(s)
1. Prasad Minesh Lad
2. Neeta Prasad Lad
3. Saily Prasad Lad
4. Shubham Prasad Lad
5. Krystal Family Holdings Private Limited
Issue Objective(s)

The company proposes to utilize the Net Proceeds from the Fresh Issue towards funding the following objects:
  1. Repayment/prepayment, in full or part, of certain borrowings availed of by the Company;
  2. Funding working capital requirements of the Company;
  3. Funding capital expenditure for the purchase of new machinery; and
  4. General corporate purposes
About Company

Incorporated in December 2000, Krystal Integrated Services Limited is a company that provides facilities management services. They offer a wide range of services such as housekeeping, sanitation, landscaping, gardening, mechanical, electrical and plumbing services, waste management, pest control, façade cleaning, and other services such as production support, warehouse management, and airport management.

The company offers staffing, payroll management, private security, manned guarding, and catering services.
 
As of March 31, 2023, the company served 134 hospitals, 224 schools, 2 airports, 4 railway stations, and 10 metro stations. They also offered catering on some trains.
 
The company served 262 customers in 2021, 277 in 2022, and 326 in 2023.
 
As of March 31, 2023, the company served 2,427 customer locations across 14 states and one union territory in India..
 
As of March 31, 2023, the company has set up 21 branches to expand its geographical reach.
 
The revenue from operations, total profit for the year (after tax), and EBITDA grew at a compound annual growth rate of 22.54%, 51.17%, and 34.56%, respectively, from Fiscal 2021 to Fiscal 2023.
 
As of March 31st, 2023, the company has 31,881 employees working on-site in various operations.
Disclaimer

No financial information whatsoever published anywhere, within this application, should be considered as an advise to buy or sell securities or invest in IPOs, or as guide to do so in any way whatsoever. All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions. 

Also we are not a SEBi registered analyst comapny. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on information published on this application. Above information is based on information available as on date coupled with market perceptions.

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