Krystal Integrated Services Limited

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Krystal Integrated Services Limited–IPO DETAILS 

Company Overview 

Founded in December 2000, Krystal Integrated Services Limited specializes in providing comprehensive facilities management solutions. Their offerings encompass a broad spectrum of services including housekeeping, sanitation, landscaping, gardening, mechanical, electrical, and plumbing services, waste management, pest control, façade cleaning, as well as auxiliary services like production support, warehouse management, and airport management. The company also provides staffing, payroll management, private security, manned guarding, and catering services. 

As of March 31, 2023, Krystal Integrated Services has a diverse clientele, serving 134 hospitals, 224 schools, 2 airports, 4 railway stations, and 10 metro stations. Additionally, they extend catering services on select trains. Over the years, the company has demonstrated notable growth in its customer base, serving 262 customers in 2021, 277 in 2022, and 326 in 2023. Moreover, as of March 31, 2023, Krystal Integrated Services caters to 2,427 customer locations across 14 states and one union territory in India. To further expand its operational footprint, the company has established 21 branches as of March 31, 2023, enhancing its geographical reach and service capabilities. 

Objective of the IPO 

Here are a few quick reasons why company is going public:  

1. The repayment or prepayment, either in full or in part, of specific borrowings obtained by the Company; 

2. Supporting the working capital needs of the Company; 

3. Allocating funds towards capital expenditures for acquiring new machinery; 

4. Utilization for general corporate purposes. 

Company Financials 

Key Performance Indicator 

Pros 

1. Providing customers with a comprehensive suite of services to deliver a seamless, all-encompassing solution. 

2. Operationalizing a targeted business model positioned to capitalize on advantageous industry trends. 

3. Nurturing enduring partnerships with clients spanning diverse sectors, fostering repeat business engagements. 

4. Expanding a broad geographic footprint with a proficient and sizable workforce, backed by robust recruitment and training infrastructure. 

5. Exhibiting a history of robust financial results, enabled by a scalable, adaptable, and effective business model. 

Cons 

1. The company's revenue from operations is heavily dependent on a small number of clients. 

2. A substantial portion of the company's revenue is derived from government contracts obtained through competitive bidding; failure to secure these contracts could have adverse effects on business operations. 

3. Revenue generated from the company's operations is concentrated within a limited number of segments. 

4. Historical periods have witnessed negative cash flows from investing and financing activities. 

5. Certain customer contracts may be terminated without justification, potentially resulting in penalties or without any penalties. 

How to Apply for this IPO 

1. Go to https://ipo.adityatrading.in/ 

2. Enter your Client ID 

3. Enter the OTP received in your registered mobile number. 

4. Choose the IPO and click on apply button. 

5. Enter the UPI ID, Quantity, and Cut off the price. 

6. Click on submit button 

7. Confirm the mandate request received on your phone by entering the UPI Pin. 

You can also watch our youtube video on “How to Apply on IPO” by clicking on the link “https://www.youtube.com/watch?v=1qOI8dCpl1I&ab_channel=ATS”