Krystal Integrated Services Ltd. Company History and Annual Growth Details

Our Company was incorporated as ‘Sea King Enterprises Private Limited’ at Mumbai as a private limited company under the Companies Act, 1956 pursuant to a certificate of incorporation dated December 1, 2000 issued by the RoC. The name of our Company was changed to ‘Krystal Tradecom Private Limited’ to convey the nature of business activities of the Company and a fresh certificate of incorporation dated February 6, 2001 was issued by the RoC. Subsequently, our Company diversified its activities and in order to reflect the said new activities, the name of our Company was changed from ‘Krystal Tradecom Private Limited’ to ‘Krystal Integrated Services Private Limited’ and a fresh certificate of incorporation dated May 19, 2009 was issued by the RoC. Subsequently, pursuant to a resolution of our Board dated June 30, 2023 and a resolution of our shareholders dated July 4, 2023, our Company was converted into a public limited company under the Companies Act, and consequently, the name of our Company was changed to ‘Krystal Integrated Services Limited’ and a fresh certificate of incorporation dated August 4, 2023 was issued by the RoC.

Major Events:

2000

-Incorporation of our Company as manufacturers, engineers, importers and exporters of non-ferrous metals etc. as Sea King Enterprises Private Limited.

2008

-Started providing facility management services in the healthcare sector.

-Incorporated our Subsidiary, Flame Facilities Private Limited.

2009

-Channelised the focus of our business by engaging ourselves in the service sector as our main activity of Business and to reflect the activities, the name of our Company changed to Krystal Integrated Services Private Limited.

-Incorporated our Subsidiary, Krystal Gourmet Private Limited.

2022

-Demerger of ‘Smart City Business’ from the Company into VTSPL as a going concern

-Served more than 270 customers across 2240 customer locations.

2023

-Total revenue of the Company crossed ? 7000 million from four business verticals, namely integrated facility management services, staffing and payroll management, catering, and private security and manned guarding for the financial year ended March 31, 2023.

2023

-Adopted Krystal ESOP Plan, 2023.