Integrated Personnel Services IPO Detail
Integrated Personnel Services IPO opens on October 31 and closes on November 2, 2022. According to the DRHP filed by the company with SEBI, they are planning to issue 21,60,000 shares of Rs 10 each, aggregate up to Rs 12.74 crore through this public issue.
Founded in 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 non-IT companies.
IPS has broken down its services into subcategories under four main areas so that clients can select the ones that best suit their needs. Payroll administration, executive search services, specialised staffing, temporary staffing solutions (flexi-staffing), and permanent recruiting are all examples of company employment services. IPS Vantage Tech Services Private Limited (“IPS Vantage”) generates the majority of IT company revenue.
IPS has been expanding its service offering over the past ten years in order to better assist its clients’ end-to-end HR needs by combining a variety of services under one roof.
Objects of the Issue
The company proposes to utilise the Net Proceeds of the Fresh Issue towards funding the following objects:
- To meet the working Capital Requirements
- General corporate purposes
- Issue related expenses
Financial Highlights
| Particulars | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|
| Share Capital | 504.65 | 504.65 | 504.65 |
| Net worth | 1717.27 | 1316.4 | 1125.70 |
| Total Revenue | 16950.65 | 13839.16 | 16902.68 |
| Profit After Tax (PAT) | 400.86 | 190.70 | 311.08 |
| EPS (Basic and Diluted) in Rs | 7.94 | 3.78 | 6.16 |
| Net Assets Value Per Equity Shares (In Rs) | 34.03 | 26.09 | 22.31 |
| Total Borrowing (As per Restated) | 2845.18 | 2887.07 | 2387.17 |
Integrated Personnel Services IPO – Details
According to the DRHP filed by the company with SEBI, they are planning to issue 21,60,000 shares of Rs 10 each, aggregate up to Rs 12.74 crore through this public issue.
| Issue Type | Fixed Price Issue IPO |
| IPO Price | Rs 59 per share |
| Face Value | Rs 10 per share |
| Market Lot | 2,000 shares |
| Issue Size | 21,60,000 shares of Rs 10 (Aggregating up to Rs 12.74 crore) |
| Fresh Issue | 21,60,000 shares of Rs 10 (Aggregating up to Rs 12.74 crore) |
| QIB Shares Offered | Not more than 50% of the offer |
| NII (HNI) Shares Offered | 50% of the net offer |
| Retail Shares Offered | 50% of the net offer |
| Listing At | NSE SME |
| Promoters | Mr. Tarang Goyal Mrs. Sandeep Kaur Goyal |
Tentative Dates for Integrated Personnel Services IPO
| IPO opens on | Oct 31, 2022 |
| IPO closes on | Nov 2, 2022 |
| Basis of Allotment publication date | Nov 7, 2022 |
| Initiation of Refund | Nov 9, 2022 |
| Credit of shares to Demat Account | Nov 10, 2022 |
| IPO listing | Nov 11, 2022 |
Integrated Personnel Services Limited IPO – Lot Size
| Applications | Lots | Shares | Amount |
| Retail (Min) | 1 | 2,000 | Rs 1,18,000 |
| Retail (Max) | 1 | 2,000 | Rs 1,18,000 |
Integrated Personnel Services Limited IPO: Promoter Holding
| Pre issue share holding | 98.61% |
| Post issue share holding | – |
Integrated Personnel Services IPO – SWOT Analysis
STRENGHTH
- Diversified client base: Company provides HR consultancy solutions to Indian companies and MNCs through a team of well competent and practiced professionals.
- 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
WEAKNESS
- Company top two sectors (Engineering and Information Technology) contribute significantly to its revenue. Any loss of business from any one or both sectors may adversely affect company revenues and profitability.
- Company involved in certain legal proceedings include Tax proceedings and Civil proceedings.
OPPORTUNITY
New opportunities in other segments such as essential services and IT.
THREATS
Competition: Company operates in highly competitive industry with low barrier to entry and may be unable to compete successfully against existing and new competitor, particular in unorganized segments.
Miscellaneous Information
| Download Prospectus (PDF) | IPO DRHP |
| Company Contact Information | Integrated Personnel Services Limited 14, Whispering Palm Shopping Center, Lokhandwala Complex, Kandivali (East), Mumbai 400101 Phone: 022-42300200 Email: [email protected] Website: http://www.integratedpersonnelservices.com/ |
| IPO Registrar | Bigshare Services Pvt. Ltd Phone: +91-22-6263 8200 Email: [email protected] Website: http://www.bigshareonline.com/v |
| IPO Lead Manager(s) | Unistone Capital Pvt Ltd |
FAQ’s
What is the lot size of Integrated Personnel Services IPO?
The lot size of Integrated Personnel Services IPO is 2,000 shares.
When Integrated Personnel Services IPO allotment?
November 7, 2022 is the date of allotment of Integrated Personnel Services IPO.
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