Integrated Services Krystal Initial Public Offering (IPO): Subscriptions for the IPO begin on March 14 and end on March 18.
Krystal Integrated Services IPO: Today, March 14, is the first day that subscriptions for the Krystal Integrated Services IPO are being accepted. The company offers a wide range of services across several industries and is one of India’s leading providers of integrated facilities management services. The company’s listed peers are Quess Corp Ltd, SIS Ltd, and Updater Services Ltd. Its promoters are Prasad Minesh Lad, Neeta Prasad Lad, Saily Prasad Lad, Shubham Prasad Lad, and Krystal Family Holdings Private Limited.
The top Krystal Integrated Services IPO facts that you should be aware of are as follows:
Date of Krystal Integrated Services: The Krystal Integrated IPO will close on March 18 after subscriptions close on March 14.
Integrated Services Krystal IPO price band: Each equity share has a face value of ₹10, and the price band has been fixed between ₹680 and ₹715 per equity share. A minimum of 20 shares, as well as multiples of that number, are up for bid.
Integrated Services, Krystal Details of the IPO: The IPO consists of a new ₹175 crore issue and an offer-for-sale (OFS) by the selling shareholder of up to 1,750,000 equity shares with a face value of ₹10 apiece.
Integrated Services Krystal IPO goals: The company plans to use the net proceeds from the IPO to fund capital expenditures, meet working capital requirements, and pursue general corporate objectives.
The share allotment basis for the Krystal Integrated Services IPO is expected to be finalized on March 19, and the company will start issuing refunds to customers on March 20. March 21 is most likely when the listing will happen.
Registrar of the IPO: Link Intime India Private Ltd. is the registrar, and Inga Ventures Pvt. Ltd. is the bookrunner and lead manager for the IPO.
Today’s GMP for Krystal Integrated Services’ IPO: The current GMP for the Krystal Integrated IPO is +70, meaning that the share price was being traded at a premium of ₹70 in the grey market.
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