On the third day of its IPO, Krystal Integrated Services Limited saw a considerable uptick in subscriptions, reaching 6.07 times overall. This growth was driven by strong interest from Non-Institutional Investors, who subscribed at a notable 19.28 times, far surpassing other categories.
Qualified Institutional Buyers showed healthy participation with a 3.72 times subscription, while Retail Individual Investors also contributed significantly, subscribing 1.71 times. This diverse investor response demonstrates confidence in Krystal Integrated Services’ market position and future potential, rounding off a promising IPO closing day.
Krystal Integrated Services Limited IPO – Fundamental Analysis
Krystal Integrated Services Limited exhibits robust financial health ahead of its IPO, marked by a consistent rise in revenues from ₹4,743.09 million to ₹7,109.65 million, increasing profitability, and enhanced asset and liability management. Despite fluctuating equity levels, its Profit After Tax and Return on Net Worth have significantly improved, alongside a notable rise in Diluted EPS and a healthier debt-to-equity ratio, signaling strong operational efficiency and an attractive investment opportunity in the services sector.
Krystal Integrated Services Limited IPO – Risks And Challenges
Krystal Integrated Services’ IPO faces challenges, including dependence on competitive government tenders, with no guarantee of continued success or sustained customer relationships. Revenue reliance on limited regions like Maharashtra and Tamil Nadu presents geographical risks. Additionally, managing a large workforce across various locations introduces potential service claims, disruptions, and regulatory issues, posing threats to the company’s reputation, financial stability, and operational results.
