Krystal Integrated Services Ltd Share Price – NSE  /  BSE

Miscellaneous, Small Cap

Polo Queen Industrial and Fintech Ltd, Sadbhav Engineering Ltd, Coffee Day Enterprises Ltd and Starlineps Enterprises Ltd are among the other losers in the BSE's 'B' group today, 18 April 2024.

Krystal Integrated Services Ltd crashed 14.45% to Rs 833.9 at 14:31 IST.The stock was the biggest loser in the BSE's 'B' group.On the BSE, 1.07 lakh shares were traded on the counter so far as against the average daily volumes of 1.17 lakh shares in the past one month.

Polo Queen Industrial and Fintech Ltd lost 10.00% to Rs 54.09. The stock was the second biggest loser in 'B' group.On the BSE, 79704 shares were traded on the counter so far as against the average daily volumes of 41319 shares in the past one month.

Sadbhav Engineering Ltd tumbled 6.33% to Rs 30.31. The stock was the third biggest loser in 'B' group.On the BSE, 7.84 lakh shares were traded on the counter so far as against the average daily volumes of 10.52 lakh shares in the past one month.

Coffee Day Enterprises Ltd fell 6.13% to Rs 65.79. The stock was the fourth biggest loser in 'B' group.On the BSE, 9.86 lakh shares were traded on the counter so far as against the average daily volumes of 12.53 lakh shares in the past one month.

Starlineps Enterprises Ltd corrected 5.15% to Rs 116.31. The stock was the fifth biggest loser in 'B' group.On the BSE, 2867 shares were traded on the counter so far as against the average daily volumes of 10933 shares in the past one month.

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Krystal Integrated Services will hold a meeting of the Board of Directors of the Company on 10 April 2024.

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The scrip was listed at Rs 795, exhibiting a premium of 11.19% to the issue price.

So far, the stock has hit a high of 795 and a low of 760.10. On the BSE, over 1.46 lakh shares of the company were traded in the counter so far.

The initial public offer (IPO) of Krystal Integrated Services was subscribed 13.21 times. The issue opened for bidding on 14 March 2024 and it closed on 18 March 2024. The price band of the IPO was fixed at Rs 680 to 715 per share.

The offer comprised a fresh issue of equities aggregating to Rs 175 crore and offer for sale (OFS) of 17.5 lakh equity shares.

Of the net proceeds of fresh issue, the company will be using Rs 10 crore towards re- and pre-payment of certain borrowings, Rs 100 crore will be used to fund working capital requirements, Rs 10 crore to fund capital expenditure for purchase of new machinery, and the balance for general corporate purposes.

Krystal Integrated Services 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 provided services to 135 hospitals and medical colleges, 228 schools and colleges (other than medical colleges), one airport, four railway stations, and 30 metro stations, along with catering services on certain trains and train routes end September 2023.

The firm reported a net profit of Rs 20.59 crore and sales of Rs 451.61 crore for the six months ended on 30 September 2023.

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The equity shares of Krystal Integrated Services (Scrip Code: 544149) are listed effective 21 March 2024 and admitted to dealings on the Exchange in the list of ''B'' Group Securities.

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