The allotment for the Krystal Integrated Services IPO is set to be finalized on Tuesday, March 19, 2024. The IPO closed for public subscription on Thursday, March 14, 2024, and it has been oversubscribed 13.49 times as of the latest update. Retail investors subscribed 3.41 times, Qualified Institutional Buyers (QIB) subscribed 7.32 times, and Non-Institutional Investors (NII) subscribed 45.22 times.
The company offered 29,38,286 shares but received bids for 3,96,26,200 shares. The final allotments are expected by March 19, 2024, with the listing anticipated on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) by March 21, 2024.
Investors can easily check their allotment status online through either the Bombay Stock Exchange (BSE) or Link Intime India, the registrar of the issue.
To check allotment through BSE:
1. Visit the BSE website and select Equity under the issue type.
2. Choose Krystal Integrated Services Limited from the drop-down menu.
3. Enter the application number and PAN card ID, complete the verification, and submit.
To check allotment through Link Intime India:
1. Visit the Link Intime India website and select Krystal Integrated Services Limited.
2. Choose the Application Number/Demat Account/PAN option and input the relevant details.
3. Enter the Captcha, and click 'SUBMIT' to view the allotment status.
As of March 14, 2024, the Grey Market Premium (GMP) for Krystal Integrated Services IPO stands at Rs 75. With the price band set at Rs 790, the estimated listing price is expected to be Rs 750, indicating a potential gain of 10.49 percent per share.
