PlatinumOne Business Services IPO – Review, Allotment, Subscription, GMP & DRHP

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
Price BandRs 92
Listing AtBSE SME
Min. Order QuantityNA
Listing Date NA
Net IssueRs 368.74 Lakh
IPO SizeRs 388.61 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 not available yet.


PlatinumOne Business Services IPO Subscription

Day / DateQIBNIIRIITotal Subscription
1st Day – 
2nd Day –  
3rd Day – 
Shares Offered or Net Issue

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 Finalization
Refunds Initiation
Credit of Shares to Demat Account
Share Listing Date

PlatinumOne Business Services IPO Price Band / 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 17,391,303 Equity Shares of Rs.10 each for cash at a price of Rs.92 per equity share aggregating to Rs.6,000 LAKH.


PlatinumOne Business Services IPO Share Offering

Net Issue: The Issue of 4,00,800 Equity Shares by their Company, aggregating to Rs.368.74 Lakh,

Issue Size: 4,22,400 Equity Shares of Rs.10 each, aggregating to Rs.388.61 Lakh


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-20Mar-1931-Mar-18
Total Assets1,409.061,154.90828.34
Total Revenue2,618.001,839.241,131.99
Total Expense2,335.991,589.271,019.39
Profit After Tax204.32175.6661.88

Earnings per Equity Share (in LAKHS)

31-Mar-20Mar-1931-Mar-18
Basic & Diluted2,043.211,756.59618.81

Their total revenue increased from Rs.1,131.99 Lakh in Fiscal 2018 to Rs.2,618.00 Lakh in Fiscal 2020, representing a growth of 131.27%.

Their EBIDTA increased from Rs.175.09 Lakh in Fiscal 2018 to Rs.417.02 Lakh in Fiscal 2020, representing a growth of 138.18%.

The Restated PAT increased from Rs.61.88 Lakh in Fiscal 2018 to Rs.204.32 Lakh in Fiscal 2020, representing a growth of 230.18%.


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.388.61 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-202,043.2137.28
31-Mar-191,756.5951.11
31-Mar-18618.8136.835,480.03

PlatinumOne Business Services IPO : Competitive Peers

Face Value (Rs.)P/EEPS  (Rs.)Return on Net Worth (%)NAV per share (Rs.)
Platinumone Business Services Limited105.2217.6137.2847.24
Listed Peers
Allsec Technologies Ltd.1019.326.206.7292.27
Firstsource Solutions Ltd.1010.482.628.8129.77
eClerx Services Ltd.1011.0933.0511.12300.49

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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