<p> New Delhi: Facility management and security services provider Krystal Integrated Services has mopped up over Rs 90 crore from anchor investors for its Initial Public Offering (IPO).</p>.<p> This will be the fifth IPO in the mainboard segment in March, after RK Swamy, JG Chemicals, Gopal Snacks, and Popular Vehicles and Services.</p>.<p> The public issue opened for subscription and will conclude on March 18, as per the Red Herring Prospectus (RHP).</p>.<p> The company has allotted 12.59 lakh equity shares to 10 funds at Rs 715 apiece, which is also the upper end of the price band, according to a circular uploaded on the BSE website on Wednesday said.</p>.<p> At this price, the company has garnered Rs 90.03 crore from the anchor investors.</p>.<p> Anchor round participants include ITI Mutual Fund (MF), Quant MF, BofA Securities Europe SA, Aegis Investment Fund PCC, Saint Capital Fund, Coeus Global Opportunities Fund, and Negen Capital, among others.</p>.Vishal Mega Mart planning $1 billion IPO: Sources.<p> The public issue has a price band of Rs 680-715 a share.</p>.<p> The IPO comprises Rs 175 crore in fresh issue and Rs 125 crore in offer-for-sale by the promoters.</p>.<p> Post-issue, the overall promoter holding led by promoter Prasad Minesh Lad and his family (Krystal Family Holdings) will come down to close to 70 per cent.</p>.<p> The company will use the net proceeds from the fresh issue towards part repayment of its debt of Rs 187 crore; funding working capital requirements of Rs 100 crore and capital expenditure for purchasing new machinery for Rs 10 crore.</p>.<p> The company reported a revenue of Rs 707 crore and a net income of Rs 39 crore in FY23.</p>.Reddit targets up to $6.4 billion valuation in much-awaited US IPO.<p> The company began operations in 2000 as a private security staff provider and from 2005 entered the facility management segment.</p>.<p> Around 70 per cent of its facility management business comes from government agencies/departments, including some of the leading airports, the BMC headquarters and many temples.</p>.<p> Inga Ventures Pvt Ltd is the sole book-running lead manager to the issue. Equity shares of the company will be listed on the BSE and the NSE. </p>
<p> New Delhi: Facility management and security services provider Krystal Integrated Services has mopped up over Rs 90 crore from anchor investors for its Initial Public Offering (IPO).</p>.<p> This will be the fifth IPO in the mainboard segment in March, after RK Swamy, JG Chemicals, Gopal Snacks, and Popular Vehicles and Services.</p>.<p> The public issue opened for subscription and will conclude on March 18, as per the Red Herring Prospectus (RHP).</p>.<p> The company has allotted 12.59 lakh equity shares to 10 funds at Rs 715 apiece, which is also the upper end of the price band, according to a circular uploaded on the BSE website on Wednesday said.</p>.<p> At this price, the company has garnered Rs 90.03 crore from the anchor investors.</p>.<p> Anchor round participants include ITI Mutual Fund (MF), Quant MF, BofA Securities Europe SA, Aegis Investment Fund PCC, Saint Capital Fund, Coeus Global Opportunities Fund, and Negen Capital, among others.</p>.Vishal Mega Mart planning $1 billion IPO: Sources.<p> The public issue has a price band of Rs 680-715 a share.</p>.<p> The IPO comprises Rs 175 crore in fresh issue and Rs 125 crore in offer-for-sale by the promoters.</p>.<p> Post-issue, the overall promoter holding led by promoter Prasad Minesh Lad and his family (Krystal Family Holdings) will come down to close to 70 per cent.</p>.<p> The company will use the net proceeds from the fresh issue towards part repayment of its debt of Rs 187 crore; funding working capital requirements of Rs 100 crore and capital expenditure for purchasing new machinery for Rs 10 crore.</p>.<p> The company reported a revenue of Rs 707 crore and a net income of Rs 39 crore in FY23.</p>.Reddit targets up to $6.4 billion valuation in much-awaited US IPO.<p> The company began operations in 2000 as a private security staff provider and from 2005 entered the facility management segment.</p>.<p> Around 70 per cent of its facility management business comes from government agencies/departments, including some of the leading airports, the BMC headquarters and many temples.</p>.<p> Inga Ventures Pvt Ltd is the sole book-running lead manager to the issue. Equity shares of the company will be listed on the BSE and the NSE. </p>