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Krystal Integrated Services IPO

Facility Management/Services - Listed on 21 March 2024

+9.8% listing gain
Issue Price (Upper)
Rs 715
Listing Price
Rs 785
Closing Price (NSE)
Rs 712.85
Total Subscription
13.21x

Krystal Integrated Services IPO listing summary

Krystal Integrated Services (Facility Management/Services) closed its IPO window in 2024 and listed on NSE and BSE on 21 March 2024 at an upper band issue price of Rs 715, opening at Rs 785 for a listing gain of +9.8% and closing day one at Rs 712.85 (-0.3% on closing basis). The IPO was subscribed 13.21x overall - QIB 7.33x, HNI/NII 43.91x, Retail 3.32x. The total issue size was Rs 300.12 Cr (Fresh Issue Rs 175 Cr, OFS Rs 125.13 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.

Listing day performance

Listing Gain (Open)
+9.79%
Listing Gain (Close)
-0.30%
Day Change After Listing
-10.09%
Retail Quota
35.0%

Subscription breakdown

Final (Day 3) subscription

Number of times each investor category subscribed by close of Day 3.

QIB7.33x
HNI / NII43.91x
Retail3.32x
Overall13.21x

Day-wise overall subscription

How overall subscription built up across the three-day issue window.

Day 10.27x
Day 20.45x
Day 3 (Final)13.21x

Krystal Integrated Services IPO GMP history

Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.

DayGMP (Rs)GMP %
Day 1Rs 30+0.70%
Day 2Rs 28+3.50%
Day 3Rs 25+3.92%
Day 4Rs 5+4.20%
Day 5Rs 0+4.20%

GMP Prediction vs IPOGyani AI Prediction

Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.

GMP Prediction Range
0.7%-4.2%
IPOGyani AI Prediction
-
Actual Listing Gain
+9.8%

Issue & financials

Issue SizeRs 300.12 Cr
Fresh IssueRs 175 Cr
OFSRs 125.13 Cr
IPO PE28.86
Peer / Sector PE36.41
PE vs Sector Ratio0.79
Latest EBITDA (Cr)4.80
Debt / Equity1.47

Market context at listing

How the broader market moved around the Krystal Integrated Services IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.

Nifty 3D Return-0.11%
Nifty 1W Return-0.20%
Nifty 1M Return+2.83%
Nifty during IPO window-1.50%

Krystal Integrated Services IPO - FAQs

What was the listing gain of Krystal Integrated Services IPO?

Krystal Integrated Services IPO listed at +9.8% versus the upper issue price of Rs 715 on 21 March 2024.

How many times was Krystal Integrated Services IPO subscribed?

Krystal Integrated Services IPO was subscribed 13.21x overall. QIB portion was subscribed 7.33x, HNI / NII 43.91x and Retail 3.32x.

What was the IPO GMP for Krystal Integrated Services?

IPO GMP started at Rs 30 on Day 1 and moved to Rs 0 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.

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