Krystal Integrated Services IPO Review

Krystal Integrated Services Ltd. (KISL) is a top facilities management company in India, focusing on sectors like healthcare, education, and government infrastructure. Over the past three years, its consolidated income and profit have shown steady growth, reaching Rs. 710.97 cr. and Rs. 33.77 cr. respectively in FY23. With an average EPS of Rs. 14.45 and RoNW of 19.17%, KISL's IPO is priced at a P/BV of 4.49 (pre-IPO NAV) and 2.95 (post-IPO NAV). With 73% revenue from government contracts, KISL presents growth potential, though its FY24 earnings suggest the issue is fully priced. Long-term investors may consider subscribing for potential rewards