Issue Price
₹59
Per Share
GMP
NIL
Grey Market
Est. Listing
₹59
Expected Price
Min. Application
₹236,000
2 lots × 2000 shares
Incorporated in 2004, Integrated Personnel Services (IPS Group) is an end to end human resource management company providing customized solutions to various corporates in India.The company's range of services has been divided under the following business heads:1. Raising (Executive Search, Recruitment process and IT Staffing)2. Leasing (Flexi Staffing, Staffing for Infrastructure Domain, Sales Staffing Services)3. Management (Payroll & Compliance Management, Training & Development of resources/ performance management/ HR policy implementation)IPS Group has over 11 branch offices for sourcing and recruitment in 128 cities with more than 6,000 Associates deployed on March 31, 2022. The company's branch offices are across major cities in India, including Mumbai, Delhi, Kolkata, Chennai, Bengaluru, Hyderabad, Ahmedabad, Noida, Bhopal and Pune among others.Strengths: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.
Integrated Personnel Services Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 110,000 | — | ₹0.65 Cr | — |
| TOTAL | 2,160,000 | 100.00% | ₹12.74 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹118,000 |
| Retail (Max) | 13 | 26,000 | ₹1,534,000 |
| sNII (Min) | 14 | 28,000 | ₹1,652,000 |
| bNII (Min) | 68 | 136,000 | ₹8,024,000 |
| Particulars | 31-Mar-20 | 31-Mar-21 | 31-Mar-22 |
|---|---|---|---|
| Revenue from Operations | 16929.97 | 13864.10 | 16992.09 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 311.08 | 190.70 | 400.86 |
| Net Worth | 1125.70 | 1316.40 | 1717.27 |
| Total Assets | 4546.67 | 4670.41 | 5303.34 |
| Reserves & Surplus | 621.05 | 811.75 | 1212.61 |
| Total Borrowings | 2387.17 | 2487.07 | 2845.18 |