Krystal Integrated Services Ltd. has announced public offering of 4197552 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 705.00 per share. The gross proceeds of the issue are expected to be Rs 30,012.50 lakhs.
The company's initial public offer (IPO) will open on 14 March 2024 and is expected to close on 18 March 2024, subject to customary closing conditions. The price band of the issue has been fixed at Rs 680.00-715.00 per share.
The IPO includes a fresh Issue of 4197552 Equity Shares of the Company at an price of Rs 715.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 20 shares with bids in multiples of 20.
Krystal Integrated Services Ltd. anticipates using the proceeds of the issue for .
Inga Ventures Pvt. Ltd. as lead manager & Link Intime India Pvt. Ltd. is the registrar, to the issue.