Let’s have a detailed review of the company and analytics of the PlatinumOne Business Services IPO release date, IPO offer price, subscription, PlatinumOne Business 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 ValueRs 10
Cash Price Rs 92
Listing AtBSE SME
Min. Order Quantity1200 Shares
Listing Date Sep 16, 2021
Net IssueRs 389 Lakh
IPO SizeRs 389 Lakh
Tick SizeNA

PlatinumOne Business Services IPO is listed at Rs.82 premium. Check out the live share price by clicking on the below link.

PlatinumOne Business Services Share Price – Live Performance

PlatinumOne Business Services IPO – Summary

PlatinumOne Business Services IPOTheir company is engaged in the business of providing Business Process Management Services. Business Process Management Services (BPMS) has an endless reach in the today’s market.

In today’s business world mid-size companies to large corporate are focusing on out sourcing model for their various activities. India’s cost competitiveness in providing IT services, which is approximately 3-4 times cheaper than the US, continues to be the mainstay of its Unique Selling Proposition (USP) in the global sourcing market.

Since BPMS being an endless market they have focused on special area in BPMS which is Customer Acquisition. Their Company provide services to mid-size and large corporates to fulfil their Customer Acquisition needs.

The Company provide services in various industries namely FMCG, Real Estate, Furniture, Insurance, Software etc. Their tailor made solutions offers customized engagement models to facilitate the ease of doing their business.

The Promoters of this company are PLATINUM POWER WEALTH ADVISORS PRIVATE LIMITED, MR. AMEY NARENDRA SAXENA, MR. RATUL LAHIRI AND MR. VIVEK YOGENDRA KUMAR. The lead manager to the issue is GRETEX CORPORATE SERVICES PRIVATE LIMITED, and the Registrar to this issue is BIGSHARE SERVICES PRIVATE LIMITED.


PlatinumOne Business Services IPO Date

The opening and the closing date of IPO of PlatinumOne Business Services Limited is Sep 2, 2021, and Sep 7, 2021, respectively.


PlatinumOne Business Services IPO Subscription

Day / DateNIIRIITotal Subscription
1st Day – 2nd Sep2.72x0.19x1.46x
2nd Day –  3rd Sep2.84x0.63x1.74x
3rd Day – 6th Sep3.02x1.19x2.10x
4th Day – 7th Sep3.34x2.65x2.99x
Shares Offered or Net Issue200,400200,400400,800

The shares subscribed by the public will be updated here.


PlatinumOne Business 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.

PlatinumOne Business Services Limited IPO Listing Date

Find the dates below on basis of allotment, refund, listing and more:

Basis of Allotment FinalizationSep 13, 2021
Refunds InitiationSep 14, 2021
Credit of Shares to Demat AccountSep 15, 2021
Share Listing DateSep 16, 2021

PlatinumOne Business Services IPO Cash Price

The face value of each share is Rs.10, but the price band of the IPO is Rs.92. 


PlatinumOne Business Services IPO Equity Size

This Initial Public Issue of 422,400 Equity Shares of Rs.10 each for cash at a price of Rs.92 per equity share aggregating to Rs.389 Lakh.


PlatinumOne Business Services IPO Share Offering

Net Issue: The Issue of 422,400 Equity Shares by their Company, aggregating to Rs.389 Lakh,

Issue Size: 422,400 Equity Shares of Rs.10 each, aggregating to Rs.389 Lakh


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    PlatinumOne Business Services IPO – Live Performance

    The listing date of this IPO is NA. You can check the live performance of the IPO here, only after it is listed on exchanges.

    Live IPO Performance – PlatinumOne Business Services Share Price

    PlatinumOne Business Services IPO Grey Market Premium

    The PlatinumOne Business Services Limited IPO Grey Market Premium price is Rs X, the Kostak rate is Rs X and the Subject to Sauda is X. 


    PlatinumOne Business Services IPO – Company Overview

    Their company provide processes like Lead Conversion, Customer Care, Channel Management, Lead Generation and Loyalty Program being delivered through their Call Centres.

    Additionally, Sales Enablement as a service delivered through a Team of Domain Experts empowering Sales Partners face to face or digitally. They have a dedicated team of professionals comprising of experienced personnel in every Industry.

    PlatinumOne Business Services IPO Call Centre Process

    Large and medium corporates who would like to outsource their processes like Lead Conversion, Customer Care, Channel Management, Lead Generation and Loyalty Program approach PlatinumOne. In collaboration with the Client, PlatinumOne articulates the following:

    • Process Design
    • People
    • Technology
    • Infrastructure

    PlatinumOne Business Services IPO – Financial Statements

    A quick look into the past financial performance of the company to understand its performance of business and evaluate the growth prospectus:

    Financial Summary:

    Amount (in INR & LAKHS)
    31-Mar-21Mar-2031-Mar-19
    Total Assets1,399.131,409.061,154.90
    Total Revenue2,020.802,618.001839.24
    Total Expense1,868.392,335.991,589.27
    Profit After Tax107.55204.32175.66

    Earnings per Equity Share (in LAKHS)

    31-Mar-21Mar-2031-Mar-19
    Basic & Diluted9.2717.6115.14

    PlatinumOne Business Services Limited IPO – Promoters

    The Promoter of this company are:

    1. PLATINUM POWER WEALTH ADVISORS PRIVATE LIMITED
    2. MR. AMEY NARENDRA SAXENA,
    3. MR. RATUL LAHIRI AND
    4. MR. VIVEK YOGENDRA KUMAR

    List of Related Parties (Key Managerial Personnel)

    • Mr. Amey Narendra Saxena– Managing Director
    • Mr. Vivek Yogendra Kumar – Chief Financial Officer
    • Ms. Sony Devhare- Company Secretary & Compliance Officer

    Competitive Strengths of PlatinumOne Business Services Limited

    • Quality Service
    • Experienced Management Team
    • Superior Process Solutions
    • Quality Assurance and Standards
    • Excellent Infrastructure and Technology
    • Progressive Employer
    • Needs of customers

    PlatinumOne Business Services IPO Offer Details or Issue Details

     Particulars No. Of Equity Shares
     Equity Shares Offered Up to 4,22,400 Equity Shares aggregating up to Rs.389 Lakh
    of which:
    Market Maker Reservation Portion21,600 Equity Shares aggregating up to Rs.19.87 Lakh
     Net Issue to the Public Issue of 4,00,800 Equity Shares aggregating to Rs.368.74 Lakh
     Of which:
    Retail Individual Investors2,00,400 Equity Shares aggregating to Rs.184.37 Lakh
    Non-Institutional Investors2,00,400 Equity Shares aggregating to Rs.184.37 Lakh
     Equity Shares outstanding prior to the Issue11,60,000 Equity Shares
     Equity Shares outstanding after the Issue15,82,400 Equity Shares

    PlatinumOne Business Services IPO Issue Object

    The Object for which their Company intends to use the Net Proceeds are:

    1. To Meet working capital requirement
    2. General Corporate Purposes

    Business strategies of PlatinumOne Business Services Limited

    • FINANCIALS
    • CLIENTS
    • PEOPLE
    • PROCESSES

    PlatinumOne Business Services Limited IPO – Basis of the 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:

    • Quality Service
    • Experienced Management Team
    • Superior Process Solutions
    • Quality Assurance and Standards
    • Excellent Infrastructure and Technology
    • Progressive Employer
    • Needs of customers

    The relevant quantitative factors are:

    Basic & Diluted EPSRONW (%)NAV (Rs.)
    31-Mar-211,075.4516.416,555.49
    31-Mar-202,043.2137.28
    31-Mar-191,756.5951.11

    PlatinumOne Business Services IPO : Competitive Peers

    Face Value (Rs.)P/EEPS  (Rs.)Return on Net Worth (%)Total Income (Rs. in Lakhs)
    PlatinumOne Business Services Limited109.929.2716.412,014.16
    Listed Peers     
    Allsec Technologies Ltd1030.2410.4810.2118,865.00
    Firstsource Solutions Ltd1030.855.3816.881,32,474.00
    eClerx Services Ltd.1016.4467.2919.051,19,740.00

    PlatinumOne Business Services IPO Lead Managers

    Lead Manager
    GRETEX CORPORATE SERVICES PRIVATE LIMITED
    Office No. 13, 1st Floor, New Bansilal Building, Raja Bahadur Mansion,
    9-15, Homi Modi Street, Fort, Mumbai – 400 001
    Tel No.: +91 – 22 – 4002 5273 / 98368 22199/ 98368 21999
    Email: info@gretexgroup.com/ mbk@gretexgroup.com
    Website: www.gretexcorporate.com
    Contact Person: Ms. Amina Khan
    SEBI Registration No: INM000012177
    CIN: U74999MH2008PTC288128

    PlatinumOne Business Services IPO Registrar to offer

    Registrar to the Offer
    BIGSHARE SERVICES PRIVATE LIMITED
    1st Floor, Bharat Tin Works Building, Opp. Vasant Oasis,
    Makwana Road, Marol, Andheri East, Mumbai – 400 059
    Tel No.: +91 – 22 – 6263 8200; Fax No.: +91 – 22 – 6263 8299
    E-mail: ipo@bigshareonline.com
    Investor Grievance E-mail: investor@bigshareonline.com
    Website: www.bigshareonline.com
    Contact Person: Mr. Arvind Tandel
    SEBI Registration No.: INR000001385
    CIN: U99999MH1994PTC076534

    PlatinumOne Business Services IPO – Other Details

    • Statutory Auditor – M/s. Vatsaraj & Co., Chartered Accountants,
    • Legal Counsel to the Company – M V Kini, Law Firm
    • Bankers to the Company –  [●]


    PlatinumOne Business Services IPO Review by Top 10 Stock Brokers

    Top Stock Brokers ReviewCompany ReputationCompetitive EdgeFinancial StatementPopularity IndexPromoters Reputation
    Angel Broking7.5/107.4/108.5/108.1/107.1/10
    Sharekhan7.2/107.1/108.6/108.1/107.2/10
    Kotak Securities7.3/107.5/108.4/108.1/107.3/10
    ICICI Direct7.3/107.3/108.7/108.1/107.1/10
    IIFL7.5/107.2/108.8/108.0/107.1/10
    Edelweiss7.5/107.4/108.4/108.3/107.2/10
    Zerodha7.4/107.1/108.5/108.1/107.0/10
    5Paisa7.1/107.1/108.4/108.1/107.1/10
    Karvy7.4/107.3/108.2/108.1/107.1/10
    Motilal Oswal7.1/107.1/108.6/108.3/107.2/10

     


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      PlatinumOne Business Services IPO News

      News 1 – PlatinumOne Business Services Limited IPO RHP Download


      PlatinumOne Business Services IPO Review FAQs

      What is the Issue Size of PlatinumOne Business Services IPO?

      The Company is making an initial public offer of 422,400 equity shares. We vividly portray the aspects of the issue in this article. You can check the stats on the fresh issue, Offer for sale, and net issue.

      What is the Price band of PlatinumOne Business Services IPO?

      The price band for this particular IPO ranges between Rs 92. As far as the face value of the share is of concern, it is Rs.10 per share.

      What is the PlatinumOne Business Services IPO Open Date?

      The opening and closing dates for this IPO have been updated. The IPO is set to open on Sep 2, 2021, while the closing date is set at Sep 7, 2021.

      What is the PlatinumOne Business Services IPO Allotment Date?

      We also have the news regarding the respective allotment dates of this IPO. Basis of Allotment finalization is on Sep 13, 2021, refund initiation is on Sep 14, 2021, credit of shares is on Sep 15, 2021, and share listing date is on Sep 16, 2021.

      What is the PlatinumOne Business Services IPO Listing Date?

      Shares of this company shall be listed in the exchanges on Sep 16, 2021. The date, when the listing would be done, is stagnant on Sep 16, 2021.

      Who is the Registrar of PlatinumOne Business Services 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 PlatinumOne Business Services IPO?

      Here are the promoters of this IPO – PLATINUM POWER WEALTH ADVISORS PRIVATE LIMITED, MR. AMEY NARENDRA SAXENA, MR. RATUL LAHIRI AND MR. VIVEK YOGENDRA KUMAR. You can refer to the RHP for further information on the promoter. You will find the link to RHP in the article.

      What is the GMP of PlatinumOne Business Services IPO?

      We 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 PlatinumOne Business Services IPO good for Investment?

      We 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 PlatinumOne Business Services Company?

      We have the information of company financials, and according to that, we have the figures from the last few years to provide. PAT for the financial year 2021 in Million is 107.55, 2020 is 204.32, 2019 is 175.66.


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