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27 March 2024

IndusLaw Deal Report | Krystal Integrated IPO

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CMS INDUSLAW

Contributor

CMS INDUSLAW is a top-tier full-service law firm and the 7th largest in India* with offices in Bengaluru, Chennai, Delhi, Gurugram, Hyderabad and Mumbai, which give it a pan-India presence. With more than 400 lawyers committed to client service, CMS INDUSLAW advises clients globally on Indian law. CMS INDUSLAW supports its clients’ transactional goals, business strategies and regulatory and dispute resolution needs. The CMS INDUSLAW team collaborates across practice areas, sectors and locations, navigating legal complexities and resolving legal issues efficiently for its clients.
We advised Krystal Integrated Services Limited (the "Company"), book running lead manager and selling shareholders in relation to the initial public offering ("IPO") by the Company.
India Corporate/Commercial Law

INDUSLAW DEAL REPORT

Our firm advised Krystal Integrated Services Limited (the “Company”), book running lead manager  and selling shareholders in relation to the initial public offering (“IPO”) by the Company. The IPO  comprised of a fresh issue and offer for sale of equity shares by the promoter selling shareholder. The  IPO was oversubscribed by over 13 times.

Krystal Integrated is one of India's leading integrated facilities management services companies with a  focus on healthcare, education, public administration and other sectors.

Book Running Lead Manager: Inga Ventures Private Limited

INDUSLAW Team:

Ravi Dubey (Partner), Anshul Roy (Partner), Radhika Pandey (Senior Associate), Abishek Sankar (Associate), Esha Gupta (Associate), Sakshi Sharma (Associate), Anomitra Debnath (Associate) and  Aniruddh Saraswat (Associate).

Footnote

1. https://www.moneycontrol.com/europe/?url=https://www.moneycontrol.com/news/business/ipo/krystal-integrated-services-makes-decent-debut-lists-at-11-premium-to-issue-price-12498981.html

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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