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flagKrystal Integrated Services Ltd

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BSE Code : 544149 | NSE Symbol : KRYSTAL | ISIN : INE0QN801017 | Industry : Miscellaneous |


Company History

Krystal Integrated Services Ltd was incorporated as Sea King Enterprises Private Limited' at Mumbai as a Private Company on December 1, 2000 issued by the Registrar of Companies, Mumbai. Thereafter, name of the Company was changed to Krystal Tradecom Private Limited' dated February 6, 2001. The Company diversified its activities and the name of Company was changed from Krystal Tradecom Private Limited' to Krystal Integrated Services Private Limited', dated May 19, 2009. As a result, the Company converted into a Public Limited Company and the name was changed to Krystal Integrated Services Limited' vide fresh Certificate of Incorporation dated August 4, 2023 issued by the RoC.

Krystal Integrated are one of India's leading integrated facilities management services companies in healthcare, education, public administration (state government entities, municipal bodies and other government offices), airports, railways and metro infrastructure, and retail sectors. The Company provide a comprehensive range of integrated facility management service offerings across multiple sectors. Apart from this, it provide staffing solutions and payroll management, private security, manned guarding services and catering services.

The Company's strength in the market is capable to provide integrated facility management requirements, sourcing from OEMs and adoption of smart technology. They are a key solutions provider to the government sector and are among select companies to qualify for and service large, multi-location government projects.

In 2008, the Company started providing facility management services in the healthcare sector; thereafter, it formed Flame Facilities Private Limited as the subsidiary. Similarly in 2009, another subsidiary, Krystal Gourmet Private Limited was established.

In 2022, the Smart City Business was demerged from the Company into Volksara Techno Solutions Private Limited (VTSPL) effective on July 19, 2022 through the Scheme of Arrangement. On the Scheme becoming effective, the Demerged undertaking got transferred to and vested in Volksara effective from April 1, 2020.

The Company propose issuing 1,750,000 Fresh Issue Equity Shares by raising capital aggregating Rs 175 Cr through Public Offer.

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