Krystal Integrated Services IPO subscribed 70% on Day 2; here are 10 key things to know

Krystal Built-in Companies IPO: Listed below are 10 key particulars to know

Krystal Built-in Companies IPO subscription standing

In response to provisional trade information, the IPO’s share sale acquired bids for 21,00,940 shares in opposition to 29,99,448 shares on supply, translating right into a subscription of 70 per cent on Friday, the second day of the bidding course of.

Class	Subscription (No. of occasions the fairness reserved)
Certified institutional consumers	0.57
Non-institutional traders	1.15
Retail traders	0.58
Total	0.70
Supply: Trade information

Krystal Built-in Companies IPO Worth band

Krystal Built-in Companies IPO has fastened the value band within the vary of Rs 680–Rs 715 per share.

Krystal Built-in Companies IPO Lot Measurement

The minimal lot dimension for an utility is 20 shares. Therefore, the minimal quantity of funding required by retail traders is Rs 14,300.

Krystal Built-in Companies IPO overview: Do you have to apply

In response to Zee Enterprise Managing Editor Anil Singhvi, there’s a whole lot of volatility out there and it will be higher to overview the shares of Krystal Built-in Companies as soon as they’re listed on the bourses.

“Solely high-risk traders ought to subscribe to the IPO. It could be higher to make a method on the shares as soon as they get listed,” Singhvi stated.

Krystal Built-in Companies IPO Shut Date

Monday, March 18, 2024

Krystal Built-in Companies IPO Allotment Date

Tuesday, March 19, 2024

Krystal Built-in Companies IPO Itemizing Date

Thursday, March 21, 2024

Krystal Built-in Companies IPO

Inga Ventures is the one book-running lead supervisor for the problem.

Krystal Built-in Companies IPO registrar

Hyperlink Intime India is the registrar for the IPO.

Krystal Built-in Companies IPO: Fund Utilisation

Debt reimbursement, funding working capital necessities, funding capital expenditure for the acquisition of recent equipment, and normal company functions are the aims of utilising the online proceeds.

What does Krystal Built-in Companies do?

Integrated in 2000, Krystal Built-in Companies supplies services administration companies.

They provide a variety of companies, corresponding to housekeeping, sanitation, landscaping, gardening, mechanical, electrical, and plumbing companies, waste administration, pest management, façade cleansing, and different companies corresponding to manufacturing help, warehouse administration, and airport administration.