Integrated Personnel Services IPO – Review, Bid, Size, Allotment, Subscription, GMP & RHP
Last Updated Date: Nov 17, 2022Let’s have a detailed review of the company and analytics of the Integrated Personnel Services IPO release date, IPO offer price, subscription, Integrated Personnel Services Limited IPO allotment, grey market price, and other details like the company’s background, its financial positions, its promoters, and other related things.
| Face Value | Rs 10 |
| Price Band | Rs 59 |
| Listing At | NSE SME |
| Min. Order Quantity | 2000 Shares |
| Listing Date | Nov 11, 2022 |
| Offer for Sale | Rs Lakh |
| Fresh Issue | Rs 1,274 Lakh |
| IPO Size | Rs 1,274 Lakh |
| Tick Size | 1 |
Integrated Personnel Services IPO is listed at a [●] premium. Check out the live share price by clicking on the below link.
Integrated Personnel Services IPO – Summary
Their Company, Integrated Personnel Services Limited (“Their Company”/ “IPS”) was incorporated in the year 2004 with an intent to deliver integrated Human Resource solutions under the three broad categories of Raising, Leasing and Management for various industries and diverse functional roles for both, Information Technology (“IT”) and nonIT companies.
Under these broad categories, IPS has bifurcated its services in such way so as to enable its clients to select services as per their requirements.
The Promoter of this company is MR.TARANG GOYAL AND MRS.SANDEEP KAUR GOYAL. The lead manager to the issue is UNISTONE CAPITAL PRIVATE LIMITED, and the Registrar to this issue is BIG SHARE SERVICES PRIVATE LIMITED.
Integrated Personnel Services IPO Date
The opening and closing date of Integrated Personnel Services IPO are Oct 31, 2022, and Nov 2, 2022, respectively.
Integrated Personnel Services IPO Subscription
| Day / Date | NII | RII | Total Subscription |
| 1st Day – 31st Oct | 0.54x | 1.96x | 1.26x |
| 2nd Day -1st Nov | 0.91x | 7.12x | 4.02x |
| 3rd Day – 2nd Nov | 14.67x | 24.49x | 19.58x |
| Shares Offered or Net Issue | 1,024,000 | 1,026,000 | 2,050,000 |
The shares subscribed by the public will be updated here.
Integrated Personnel Services IPO Allotment Status
Here, you can find the Allotment Status of this IPO.
Allotment of Equity Shares pursuant to the Fresh Issue and transfer of the Offered Shares of the Promoter Selling Shareholders pursuant to the Offer for Sale to the successful Bidders. However, the Allotment Status is not yet disclosed.
Integrated Personnel Services Limited IPO Listing Date
Find the dates below on basis of allotment, refund, listing, and more:
| Basis of Allotment Finalization | Nov 7, 2022 |
| Refunds Initiation | Nov 9, 2022 |
| Credit of Shares to Demat Account | Nov 10, 2022 |
| Share Listing Date | Nov 11, 2022 |
Integrated Personnel Services IPO Price Band
The face value of each share is Rs.10, but the price band of the IPO is Rs.59
Integrated Personnel Services IPO Equity Size
This Initial Public Issue of 2,160,000 Equity Shares of Rs.10 each for cash at a price of Rs.59 per equity share aggregating to Rs.1,274 Lakh.
Integrated Personnel Services IPO Share Offering
Fresh Issue: The Issue (excluding the Market Maker Reservation Portion) of 2,160,000 Equity Shares of Rs.10/ each.
Issue Size: 2,160,000 Equity Shares of Rs.10 each, aggregating to Rs.1,274 Lakh
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Integrated Personnel Services IPO – Live Performance
The listing date of this IPO is Nov 11, 2022. You can check the live performance of the IPO here, only after it is listed on exchanges.
| Live IPO Performance – Integrated Personnel Services Share Price |
Integrated Personnel Services IPO Grey Market Premium
The Integrated Personnel Services Limited IPO Grey Market Premium price is Rs X, the Kostak rate is Rs X and the Subject to Sauda is X.
Integrated Personnel Services IPO – Company Overview
They have over 11 branch offices for sourcing and recruitment in 128 cities with more than 6,000 Associates deployed as on March 31, 2022.
They focus on people, processes and technology to enhance business productivity by enabling their clients to outsource their staffing requirements and allowing them to focus on operating and growing their core businesses.
Also, they are managed professionally by a quality management team with extensive market and industry expertise, exhibiting thought leadership on matters of public policy.
They started their operations in 2004 with their main focus in hospitality as the prime sector, followed by the engineering and energy sector in the coming years. To expand their business ambit, their company through Vantage Tech HR Services in 2014 entered into the IT domain by setting up additional branches.
Integrated Personnel Services IPO – Financial Statements
A quick look into the past financial performance of the company to understand its performance of the business and evaluate the growth prospectus:
Financial Summary:
| Amount (in INR & Lakh) | |||
| 31-Mar-22 | Mar-21 | 31-Mar-20 | |
| Total Assets | 5,303.34 | 4,670.41 | 4,546.67 |
| *Total Revenue | 16,992.09 | 13,864.10 | 16,929.97 |
| Total Expense | 16,591.42 | 13,649.87 | 16,606.78 |
| Profit After Tax | 400.86 | 190.70 | 311.08 |
Earnings per Equity Share (in Lakh)
| 31-Mar-22 | Mar-21 | 31-Mar-20 | |
| Basic & Diluted | 7.94 | 3.78 | 6.16 |
Further, their PAT for the period ended on March 31, 2022, March 31, 2021, and March 31, 2020, were Rs. 400.86 Lakh, Rs. 190.70 Lakh and Rs. 311.08 Lakh respectively.
Integrated Personnel Services IPO – Promoters
The Promoter of this company is:
- MR.TARANG GOYAL
- MRS.SANDEEP KAUR GOYAL
List of Related Parties (Key Managerial Personnel)
- Raghuvir Prasad Goyal, Non-executive Director & Chairman
- Tarang Raghuvir Goyal, Managing Director
- Sandeep Kaur Goyal, Executive Director
- Hariom Sarda, Independent Director
- Ashok Nagori Independent Director
Integrated Personnel Services IPO – Promoters Holding
- Pre-Issue Share Holding – 98.61%
- Post Issue Share Holding – %
Integrated Personnel Services IPO Offer Details or Issue Details
| Particulars | No. Of Equity Shares |
| Equity Shares Offered | Up to 2,160,000 Equity Shares aggregating up to Rs.1,274 Lakh |
| of which: | |
| Issue Reserved for the Market Makers | Up to [●] Equity Shares aggregating up to Rs.[●] Lakh |
| Net Issue to the Public | Up to [●] Equity Shares aggregating up to Rs.[●] Lakh |
| Of which: | |
| Retail Investors Portion | Not less than [●] Equity Shares |
| Other than Retail Individual Investors | Not more than [●] Equity Shares |
| Equity Shares outstanding prior to the Issue | 50,46,510 Equity Shares |
| Equity Shares outstanding after the Issue | X Equity Shares |
Integrated Personnel Services IPO Issue Object
Their Company proposes to utilize the Net Proceeds towards funding the following objects:
1. To meet the working capital requirements
2. General Corporate Purposes
3. To meet the issue expenses
Integrated Personnel Services IPO – Business Strategy
- Increase presence throughout India
- Expand their service portfolio and their operations PAN India through strategic acquisitions
- Invest in established technological systems
- Enter into new segment of RPO
Integrated Personnel Services IPO – Basis of Offer Price
The issue price is determined by the company in consultation with the Lead manager on the basis of the following qualitative and quantitative factors.
Qualitative factors are:
- Diversified client base
- Scalable business model with Pan-India presence
- Quality Assurance and Customer Satisfaction
- Experienced management supported by quality human capital
- Deliver impeccable HR-solutions along with optimal costing
The relevant quantitative factors are:
| Basic & Diluted EPS | RONW (%) | NAV (Rs.) | |
| 31-Mar-22 | 7.94 | 23.34 | 34.03 |
| 31-Mar-21 | 3.78 | 14.49 | – |
| Mar-20 | 6.16 | 27.63 | – |
Integrated Personnel Services IPO: Competitive Peers
| Face Value (Rs.) | P/E | EPS (Rs.) | Return on Net Worth (%) | Total Income (Rs. in Lakhs) | |
| Integrated Personnel Services Limited | 10 | [●] | 7.94 | 23.34 | 16,992.09 |
| Listed Peers | |||||
| Aarvi Encon Limited | 10 | 13.91 | 8.33 | 13.43 | – |
| ANI Integrated Services Limited | 10 | 8.85 | 5.64 | 11.71 | – |
Integrated Personnel Services IPO Lead Managers
| Lead Managers |
| UNISTONE CAPITAL PRIVATE LIMITED A/305, Dynasty Business Park, Andheri Kurla Road, Andheri East,Mumbai 400059, Maharashtra, India Telephone: +91 98200 57533 Email: mb@unistonecapital.com Website: www.unistonecapital.com Investor grievance email: compliance@unistonecapital.com Contact Person: Mr. Brijesh Parekh SEBI registration number: INM000012449 CIN: U65999MH2019PTC330850 |
Integrated Personnel Services IPO Registrar to offer
| Registrar to the Offer |
| BIGSHARE SERVICES PRIVATE LIMITED S6-2, 6th Pinnacle Business Park, Mahakali Caves Road, next to Ahura Centre, Andheri East, Mumbai- 400093, Maharashtra, India Telephone: +91 22 6263 8200 Facsimile: +91 22 6263 8299 Email: ipo@bigshareonline.com Investor Grievance Email: investor@bigshareonline.com Contact Person: Mr. Aniket Chindarkar Website: www.bigshareonline.com SEBI Registration Number: INR00001385 CIN: U99999MH1994PTC076534 |
Integrated Personnel Services IPO – Other Details
- Statutory Auditor – AMS & Co.
- Legal Counsel to the Company – Zastriya, Attorneys & Legal Consultants
- Bankers to the Company – IndusInd Bank Limited
Integrated Personnel Services IPO Review by Stock Brokers
| Top Stock Brokers Review | Company Reputation | Competitive Edge | Financial Statement | Popularity Index | Promoters Reputation |
| Angel Broking | 7.5/10 | 7.4/10 | 8.5/10 | 8.1/10 | 7.1/10 |
| Sharekhan | 7.2/10 | 7.1/10 | 8.6/10 | 8.1/10 | 7.2/10 |
| Kotak Securities | 7.3/10 | 7.5/10 | 8.4/10 | 8.1/10 | 7.3/10 |
| ICICI Direct | 7.3/10 | 7.3/10 | 8.7/10 | 8.1/10 | 7.1/10 |
| IIFL | 7.5/10 | 7.2/10 | 8.8/10 | 8.0/10 | 7.1/10 |
| Edelweiss | 7.5/10 | 7.4/10 | 8.4/10 | 8.3/10 | 7.2/10 |
| Zerodha | 7.4/10 | 7.1/10 | 8.5/10 | 8.1/10 | 7.0/10 |
| 5Paisa | 7.1/10 | 7.1/10 | 8.4/10 | 8.1/10 | 7.1/10 |
| Karvy | 7.4/10 | 7.3/10 | 8.2/10 | 8.1/10 | 7.1/10 |
| Motilal Oswal | 7.1/10 | 7.1/10 | 8.6/10 | 8.3/10 | 7.2/10 |
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Integrated Personnel Services Limited IPO News
News 1 – IPO DRHP Download
News 2 – IPO RHP Prospectus Download
Integrated Personnel Services IPO Review FAQs
Check out various FAQs related to Integrated Personnel Services IPO:
What is the Issue Size of Integrated Personnel Services IPO?
The Company is making an initial public offer of 2,160,000 equity shares. They vividly portray the aspects of the issue in this article. You can check the stats on the fresh issue, Offer for sale, and the net issue.
What is the Price band of Integrated Personnel Services IPO?
The price band for this particular IPO ranges between Rs. 59. As far as the face value of the share is of concern, it is Rs.10 per share.
What is the Integrated Personnel IPO Open Date?
The opening and closing dates for this IPO have been updated. The IPO is set to open on Oct 31, 2022, while the closing date is set at Nov 2, 2022.
What is the Integrated Personnel IPO Allotment Date?
They also have the news regarding the respective allotment dates of this IPO. Basis of Allotment finalization is on Nov 7, 2022, refund initiation is on Nov 9, 2022, credit of shares is on Nov 10, 2022, and share listing date is on Nov 11, 2022.
What is the Integrated Personnel IPO Listing Date?
Shares of this company shall be listed in the exchanges Nov 11, 2022. The date, when the listing would be done, is stagnant on Nov 11, 2022.
Who is the Registrar of Integrated Personnel IPO?
One of the reputed registrars is managing the issue of this IPO, i.e. Bigshare Services Private Limited. Their website will help you regarding the further information you are on the lookout for.
Who is the Promoter of Integrated Personnel IPO?
Here are the promoters of this IPO – MR.TARANG GOYAL AND MRS.SANDEEP KAUR GOYAL. You can refer to the RHP for further information on the promoter. You will find the link to RHP in the article.
What is GMP of Integrated Personnel IPO?
They have obtained the GMP of this IPO and it is NA. Further insights of Kostak rate and subject to sauda or SS are as well included in this report.
Is Integrated Personnel IPO good for Investment?
They have further provided the financial status of the company in this article, from the past few years. You can refer to the same, and also check the line of operations they are into and then decide to invest in the IPO.
What is the PAT of Integrated Personnel Services Company?
They have the information of company financials, and according to that, they have the figures from the last few years to provide. PAT for the financial year 2022 in Lakh is 400.86, 2021 is 190.70, 2020 is 311.08.
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