Posted by Krystal Integrated Services IPO: To be launched on March 14. Along with this, the price band of IPO will also be announced soon. Know everything?
# Krystal Integrated Services IPO: Know everything?
Krystal Integrated Services is a large facilities management company in India. This company provides services in various sectors, such as health, education, public administration, and retail. Its services are available through 21 branches in 14 states.
The IPO of Crystal Integrated Services Company is going to happen on March 14. In this IPO, the company will issue new equity shares and their price will be announced soon. Along with this, another IPO is also going to be launched next week. This IPO will include new shares worth Rs 175 crore, while 17.5 lakh equity shares will be sold.
# Use of funds received from IPO
- The money raised from the IPO will be used to pay off the company’s debt.
- This money will be used to purchase new machinery.
- This money will also be used to meet working capital needs.
# Crystal Integrated Services IPO: Know what is this company?
Crystal Integrated Services is an Indian company that provides facility management services, which we call ‘Facilities Management Services’. This company was established in 2004 and its headquarters is located in Mumbai.
# What does the company do?
Crystal Integrated Services provides services across various sectors, such as healthcare, education, public administration, infrastructure, and retail. These include:
- Healthcare: Crystal Integrated Services has maintained its proficiency in the field of healthcare services.
- Education: Their services also include the education sector, which helps towards an educated society.
- Public Administration: Crystal Integrated Services has also demonstrated its vast experience in the field of public administration services.
- Retail: Crystal Integrated Services has improved the market by providing its services in the retail sector also.
- Cleaning and handling: Take care of cleaning, sanitation, gardening and general maintenance.
- Technical services: Maintain and care for technical facilities such as HVAC, electrical and plumbing.
- Security Services: Manage security guards, monitor CCTV cameras and emergency response.
- Catering services: Provide food and beverage services for employees and visitors.
- Other services: Front desk services, transportation services and waste management.
# company performance ?
Crystal Integrated Services has performed well over the years. In fiscal year 2023, the company achieved revenue of ₹1,200 crore and net profit of ₹150 crore.
# Krystal Integrated Services IPO
Crystal Integrated Services is going to launch its IPO (Initial Public Offering) on March 14, 2024. In this IPO, the company will issue new equity shares. The price of IPO was kept from ₹ 140 to ₹ 149 per share.
# Should one invest or not?
Crystal Integrated Services is a good company with good performance. The company will use the funds raised from the IPO to expand its business and repay debts.
- Crystal Integrated Services is a good company.
- His performance has also been good.
- The money received from the IPO will be used by the company to expand its business
- It will use the capital for expansion.
- The company will also repay financial credits using this capital.
Conclusion :
A company called Crystal Integrated Services seems to be a good one, but it is very important to pay attention before investing in it. This is an informational article and is not giving you investment advice.
Please note that investing in IPOs is always a risky move. Before you invest, get complete information about the company and evaluate its financial position.