Krystal Integrated Services Limited — Others, 04-08-2025: Monitoring Agency Report

Krystal Integrated Services' IPO proceeds utilization report for the quarter ended June 30, 2025, by CRISIL Ratings indicates adherence to its stated objectives for fund utilization. From the 163.37 Cr net proceeds, the company has substantially utilized funds as planned: 10 Cr for debt repayment, 100 Cr for working capital, and 43.37 Cr for general corporate purposes (including statutory dues). Out of 10 Cr allocated for new machinery, 9.10 Cr has been spent, with the remaining 0.90 Cr currently held in a fixed deposit. This update provides clarity on fund deployment for shareholders.