Krystal Integrated Services IPO: The three-day bidding for the initial public offering (IPO) of Krystal Integrated Services Limited is going to end today. In the first two days of bidding, Krystal Integrated Services IPO subscription status suggests that the book build issue has received a lackluster response from the primary market investors.
Meanwhile, on the last date of Krystal Integrated Services IPO subscription, the grey market is signaling a positive debut of company shares on Dalal Street. According to stock market observers, shares of Krystal Integrated Services Limited are available at a premium of ₹65 in the grey market today.
As per the market observers, Krystal Integrated Services IPO GMP (grey market premium) today is ₹65, which is ₹39 higher than the GMP on the subscription opening date. This means the grey market has remained bullish on the book build issue despite the sell-off on Friday.
If the trend continues, then there can be a sharp rise in the Krystal Vehicles Services IPO subscription status as bidding is going to end today. In the first two days of bidding, the public issue has been booked 0.70 times whereas its retail portion has been booked 0.58 times.
The NII portion has been subscribed 1.15 times while the QIB segment has been filled 0.57 times. On whether Krystal Integrated Services IPO is good or bad for an investor, Parth Shah, Research Analyst at StoxBox said, “With the outsourced integrated facility management market in India expected to grow at a CAGR of 14.6% and the public administration, industrial, commercial offices, healthcare, educational institutions, railways, and metro, and airport sectors expected to drive demand for the market, the company will derive benefits from such
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