India's Krystal Integrated Solutions rises in debut trade

Krystal Integrated Services

21/03/2024 06:28

** Shares of Krystal Integrated Solutions  KRYT.NS  up 5% at
750 rupees in trading debut, versus IPO price of 715 rupees
    ** Stocks opens up 9.8% at 785 rupees, and has since stayed
above the IPO price 
    ** KRYT offers staffing for human resources services,
private security, catering, and maintenance operations 
    ** Stock hits session high at 793.8 rupees, up 11% from IPO
price
    ** Total offer size was nearly 4.2 mln shares, aggregating
to 3 bln rupees ($36.1 mln) - prospectus
    ** IPO was oversubscribed 13.21X last week - exchange data

($1 = 83.1210 Indian rupees)

 (Reporting by Varun Vyas in Bengaluru)
 ((varunvyas.hebbalalu@thomsonreuters.com))