Mumbai, March 18 -- The initial public offer (IPO) of Krystal Integrated Services received 3,96,26,200 bids for shares as against 29,99,448 shares on offer, according to stock exchange data at 17:30 IST on Monday (18 March 2024). The issue was subscribed 13.21 times.

The issue opened for bidding on Thursday (14 March 2024) and it will close on Monday (18 March 2024). The price band of the IPO is fixed at Rs 680 to 715 per share. An investor can bid for a minimum of 20 equity shares and in multiples thereof.

The offer comprises fresh issue of equities aggregating to Rs 175 crore and offer for sale (OFS) of 1750000 equity shares of Rs 10 face value. The OFS component comprises entirely of sale of 1750000 equity shares by Krystal Family Ho...