<ul><li><keyword id="20887302" type="General" weightage="20" keywordseo="Krystal-Integrated" source="Orion">Krystal Integrated</keyword> Services is expected to announce its share allotment status on Tuesday, March 19.</li><li>The shares of Krystal Integrated Services were subscribed 13.21 times.</li><li>The shares are expected to be listed on the stock exchanges on March 21.</li></ul> Mumbai-based Krystal Integrated Services Limited, which offers facilities management services, is expected to announce the allotment status of its initial public offering (IPO) on Tuesday, March 19. The <keyword id="19083047" type="General" weightage="20" keywordseo="Krystal-Integrated-Services-IPO" source="Orion">Krystal Integrated Services IPO</keyword> opened on March 14 and closed on March 18. The price band for the IPO was ₹680 to ₹715 per share. <cmsannotation type="cmsannotation" annotationid="Decent subscription" comment="subhead" text="Decent subscription">Decent subscription</cmsannotation> On the last day, the Krystal Integrated Services IPO was subscribed 13.21 times, receiving bids for 3.96 crore equity shares against 29.99 lakh shares on offer. While the qualified institutional buyer portion was subscribed 7.33 times, the non-institutional investors portion was subscribed 43.90 times. The retail portion also witnessed decent participation and was subscribed 3.31 times. <cmsannotation type="cmsannotation" annotationid="Grey market premium" comment="subhead" text="Grey market premium">Grey market premium</cmsannotation> The shares of Krystal Integrated Services are currently commanding a grey market premium (GMP) of ₹60 per share. GMP is the premium at which IPO shares are traded in an unofficial market before they are listed on the stock exchanges. <cmsannotation type="cmsannotation" annotationid="Here’s how to check the IPO’s allotment status" comment="subhead" text="Here’s how to check the IPO’s allotment status">Here’s how to check the IPO’s allotment status</cmsannotation> You can check the allotment status on the registrar’s website. <ul><li>To check the <keyword id="21000968" type="General" weightage="20" keywordseo="Krystal-Integrated-Services-IPO-allotment" source="Orion">Krystal Integrated Services IPO allotment</keyword> status, visit the registrar’s website<a href="https://linkintime.co.in/initial_offer/public-issues.html"> here</a>. </li><li>Click on ‘Select Company’ and then select ‘Krystal Integrated Services’. </li><li>Now, enter your PAN, application number, DP / Client ID or Account number / IFSC. </li><li>Click on submit. </li></ul>You will be able to see your application status. It will display the number of shares that you have applied for and the number of shares that have been allotted to you. You can also check the Krystal Integrated Services IPO allotment status on the BSE and NSE websites. To check the allotment status on BSE or NSE website: <ul><li>Go to the BSE<a href="https://www.bseindia.com/investors/appli_check.aspx"> website</a>. </li><li>On the website, click on 'Equity' and then select ‘Krystal Integrated Services’ from the dropdown menu. </li><li>Now, enter your application number and PAN. </li><li>Click on 'Search'. </li></ul>You will be able to see the number of shares allotted to you. You can click<a href="https://www.nseindia.com/products-services/initial-public-offerings-bid-verification"> here</a> and log in to check your allotment status on NSE. <cmsannotation type="cmsannotation" annotationid="Krystal Integrated Services IPO listing date" comment="subhead" text="Krystal Integrated Services IPO listing date">Krystal Integrated Services IPO listing date</cmsannotation> The shares of Krystal Integrated Services will be listed on the stock exchanges on March 21. SEE ALSO: <a href="https://www.businessinsider.in/tech/mobile/webstories/poco-x6-neo-5g-vs-redmi-note-13-5g-which-phone-should-you-buy-under-20000/slidelist/108586427.cms">Poco X6 Neo 5G vs Redmi Note 13 5G – Which phone should you buy under ₹20,000?</a> <a href="https://www.businessinsider.in/business/auto/news/new-ev-policy-elon-musks-tesla-may-soon-enter-india-as-import-taxes-slashed-for-electric-vehicles/articleshow/108527306.cms">New EV Policy: Elon Musk’s Tesla may soon enter India as import taxes slashed for electric vehicles</a> <a href="https://www.businessinsider.in/tech/mobile/news/best-smartphones-under-30000-in-india/slidelist/108472033.cms">Best smartphones under ₹30,000 in India</a>

Krystal Integrated Services IPO allotment – How to check allotment, GMP, listing date and more

<ul><li>Shareholder lock-ins of 66 companies are slated to expire between April and June.</li><li>The cumulative value of stocks that will see lock-ins expire is estimated at $17.7 billion.</li><li>Anchor investors, promoters and non-promoters have different lock-in periods as per regulations. </li></ul>The IPO boom of 2023 means the current year will see many newly listed stocks coming out of their mandated lock-in periods. As per a report by Nuvama, per-listed shareholder lock-ins of 66 companies are slated to expire between April and June of this year. “It amounts to a value of $17.7 billion. The value pertains to the total lock-up opening shares, but it’s important to note that not all of these shares will come for sale as a sizable portion of these shares are also held by promoter &amp; group,” said <keyword id="20055355" type="General" weightage="20" keywordseo="nuvama-institutional-equities" source="keywords">Nuvama Institutional Equities</keyword>. Some of the best-performing and investor-rewarding new listings that will see lock-ins expire include – <keyword id="19930935" type="General" weightage="20" keywordseo="tata-technologies" source="keywords">Tata Technologies</keyword>, <keyword id="19960579" type="General" weightage="20" keywordseo="ireda" source="keywords">IREDA</keyword>, Doms, <keyword id="20021844" type="General" weightage="20" keywordseo="cello-world" source="keywords">Cello World</keyword> and more. How do lock-ins work? While public shareholders of a company can sell their stock anytime in the market, after they are listed, the rules are different for other classes of investors. As per regulations, anchor investors — who invest ahead of opening an issue to the public — must wait for 30 days or one month from the allotment date to sell half of their shares in the public market. The rest can be sold after 90 days or three months. Promoters and other shareholders have different lock-in expiry rules. Promoters can sell their shares to the tune of 20% of the post-issue paid-up in the open market after 18 months. For other non-promoters, the lock-in ends in six months. Bharat Highways Invit’s 19% stake lock-in In the month of April, eight companies’ one-month lock-ins will expire including — Platinum Industries, J G Chemicals, Popular Vehicles and Services, Exicom Telesystems, R K Swamy, <keyword id="20778208" type="General" weightage="20" keywordseo="gopal-snacks" source="keywords">Gopal Snacks</keyword> and Krystal Integrated Services. Each of these has anywhere between 2% to 6% of their shares open for sale. But Bharat Highways Invit will see 19% of its lock-in expiring bringing out as much as 82.6 million shares out into the market. In general, the volatility around a stock goes up when lock-in periods end. The other stocks that will see their three-month lock-ins open in April would be — <keyword id="20730654" type="General" weightage="20" keywordseo="mukka-proteins" source="keywords">Mukka Proteins</keyword>, Jyoti CNC Auto, Epack Durables, Medi Assist Healthcare and <keyword id="20214703" type="General" weightage="20" keywordseo="nova-agritech" source="keywords">Nova Agritech</keyword>. May to see the ‘chunkiest of lock-in openings’ Since a lot of IPOs were launched in the last three months of 2023, the summer of May will see the chunkiest of lock-ins opening. That includes 65% shares of mega IPOs like Tata Technologies; 55% of government-owned IREDA, 10% of DOMS and 49% of Honasa Consumer. The other companies Cello World, <keyword id="21150340" type="General" weightage="20" keywordseo="flair-writing" source="keywords">Flair Writing</keyword>, Inox India, Gandhar Oil, JSW Infra, Muthoot MicroFin, Motisons Jewelers, RBZ Jewelers and more, Some of the older stocks that will see lock-in expiries (beyond one year and more) include — <keyword id="20430709" type="General" weightage="20" keywordseo="bikaji-foods" source="keywords">Bikaji Foods</keyword>, Global Health, Abans Holding, <keyword id="20238928" type="General" weightage="20" keywordseo="keystone-realtors" source="keywords">Keystone Realtors</keyword>, Radiant Cash Management and more. Disclaimer: The content on this website is for informational purposes only and should not be construed as investment advice. We recommend readers consult certified, qualified and registered advisors for professional and personalised financial advice.

Tata Tech, IREDA and 64 other stocks to see lock-ins expire in Q1 FY25

<div class="KonaFilter image-container display-table"><div><div class="image on-image"><img src="https://static-ssl.businessinsider.com/image/5a0b595435876e861e8b5d5a-1466/in-silicon-valley-some-indian-americans-shun-clinton-after-election-row-2015-9.jpg" alt="Ro Khanna, a Democratic candidate for a congressional seat in California, is seen in this handout picture taken in Cleveland, Ohio on August 28, 2015. REUTERS/Craig Paulson Photography/Handout via Reuters" data-mce-source="Thomson Reuters" data-mce-caption="Handout shows Ro Khanna, a Democratic candidate for a congressional seat in California, in Cleveland, Ohio" />Thomson ReutersRo Khanna</div></div></div><ul><li>Democrats won big last week in prosperous parts of Virginia, but continued to lose huge in struggling areas in Appalachia.</li><li>The party needs a message for how these communities can be included in economic progress.</li><li>Encouraging tech firms to look for non-traditional locations is one way to bridge the gap.</li></ul><hr /> Last week, Virginia sent a message to this President that America rejects a <keyword id="6358883" type="PERSON" weightage="60" keywordseo="Politics">politics</keyword> of division and hatred. In fact, at the statewide level Trump has done what Krystal never could have imagined growing up in rural Virginia. He's solidified Virginia as a blue state! Yet as we dig deeper into last week's results, the electoral split mirrors 2016. It's big metro areas versus small towns. College educated versus high school. The places where the wealth and talent are being sucked out versus the places where the wealth and talent are piling up. Yes, Governor-elect Ralph Northam won in an impressive nine-point landslide. But if you exclude the prosperous Washington suburbs in Northern Virginia, the results look quite different: a three-point advantage for Northam's Republican opponent, Ed Gillespie.<div class="KonaFilter image-container display-table float_right"><div><div class="image on-image"><img src="https://static-ssl.businessinsider.com/image/5a034fde35876e1c008b4bc3-1778/ap17312147032674.jpg" alt="Ralph Northam" data-mce-source="AP" data-mce-caption="Ralph Northam" />APRalph Northam</div></div></div>Even more shocking, for the first time in modern history, the Democratic candidate for Governor in Virginia did not win a single precinct west of Radford, in the southwesternmost part of the state extending toward Kentucky. In the parts of Virginia struggling the most, where drug addiction is rampant, jobs are scarce and suicide is on the rise, voters just threw their lot in again with the Republican candidate by 50 and 60 point margins.The problem for Democrats and the problem for the country is that there are a lot more places like Southwest Virginia than there are like Northern Virginia.It used to be that when the nation prospered, that prosperity was broadly shared. That relationship is fundamentally broken. We believe that bridging this geographical divide is the central challenge of our time.As a Silicon Valley representative, Rep. Khanna has been working with leaders in Paintsville, Kentucky; Youngstown, Ohio; and Beckley, West Virginia to provide a vision of prosperity and twenty-first century jobs. Krystal has been working to recruit candidates with deep roots who can be authentic advocates for the aspirations of communities in middle America.We are working to provide a constructive way forward in the Trump era.Donald Trump is the type of president you get when a significant portion of the population feels they have no stake in the preservation of the current system. They delight in seeing him stick it to the folks who are succeeding but have been, at best, indifferent to places left behind.Can one blame voters for their frustration?Just five metro areas account for half of all new net business creation. In contrast, over two-thirds of the counties in America have lost businesses over the past decade. According to the nonpartisan Economic Innovation Group, 52 million Americans live in economically depressed communities: places where the poverty rate is 27% and 42% of prime-age adults aren't working. This dynamic cannot continue, and need not continue.Given modern communications technology, there's no reason why good jobs in the new economy should be sequestered in a few hubs. In fact, the greatest challenge to shared prosperity may well be psychological.Why should only the tiniest sliver of venture money find its way to these communities? Why don't companies more frequently look to build out workforces in much lower-cost locations? Why do the national networking circuits only include leaders from a few select cities? Krystal recently accompanied Richard Ojeda, a phenomenal congressional candidate from West Virginia, to Ro's district for a fundraising event. In a room full of tech leaders, executives and entrepreneurs, Richard said something simple but powerful: "You know, we have smart people in West Virginia too."In that moment, something clicked, a recognition that perhaps we haven't always seen the inherent talent and possibility that exists in every community. This myopia has kept businesses and investors from venturing outside their hometowns.Government should absolutely incentivize investment, apprenticeships and job creation in struggling communities. But business leaders need to step up, too.Its not only the right thing to do; it's the smart thing to do. It's good business sense to locate your workforce in low cost locations where those jobs will be highly sought after.All of us need to do a better job harnessing the work ethic and sense of pride that is present in communities across America and empowering those communities to shape their own economic destiny. To borrow a Silicon Valley phrase, we need distributed networks for jobs.Unless we integrate every community back into our national economy, we will not succeed in keeping this whole project we call America stitched together. And unless the Democratic Party offers a plan for economic opportunity for twenty-first century jobs in places left behind, we will not earn a governing majority.Ro Khanna is the representative for California's 17th congressional district. Krystal Ball is president of the <a href="https://peopleshouseproject.com/" target="_blank" rel="noopener noreferrer">People's House Project</a>, a political action committee that recruits Democratic House candidates in the Midwest and Appalachian states. <div class="margin-top"> <h3>NOW WATCH: <a href="http://www.businessinsider.com/donald-trump-tax-plan-reform-change-take-home-pay-calculator-brackets-2017-11">Here's how to figure out exactly how your take-home pay could change under Trump's new tax plan</a></h3> <div> <iframe class="bijwplayerclass" data-player="jwplayer" src="https://content.jwplatform.com/players/k1OB7au8-CEZHWCBG.html" width="100%" height="100%" frameborder="0" scrolling="auto" style="margin:0px;" allowfullscreen=""></iframe><script>function receiveMessage(event){ console.log(event.data.fullscreen); Android.fullscreen(event.data.fullscreen); }window.addEventListener("message", receiveMessage, false);</script> </div> </div>

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Krystal Integrated Services IPO allotment – How to check allotment, GMP, listing date and more

Sourabh Jain

Tata Tech, IREDA and 64 other stocks to see lock-ins expire in Q1 FY25

Katya Naidu

Democrats still need a strategy for left-behind areas - here's how tech can help

Krystal Ball and Rep. Ro Khanna