Krystal Integrated Services IPO Proceeds Monitoring Report Q2 2026
Krystal Integrated Services Ltd has submitted its Monitoring Agency Report for the quarter ended June 30, 2026, prepared by CRISIL Ratings Limited. This report details the utilization of proceeds from the company's Initial Public Offer (IPO). The report confirms that the utilization of IPO proceeds is in line with the objects of the issue, with no deviations noted. The report has been reviewed by the Audit Committee and taken on record by the Board of Directors. The company's IPO, which occurred between March 14-18, 2024, raised ₹3,001.25 million, comprising a fresh issuance of ₹1,750.00 million and an offer for sale of ₹1,251.25 million. CRISIL Ratings will monitor the net proceeds of ₹1,633.69 million.
Key Highlights
- Monitoring Agency Report for Krystal Integrated Services Ltd for Q2 2026 submitted.
- CRISIL Ratings confirms IPO proceeds utilization as per objects.
- No deviations reported in IPO fund utilization.
- Report reviewed by Audit Committee and Board of Directors.
- IPO raised ₹3,001.25 million; net proceeds monitored are ₹1,633.69 million.
Price Impact
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