Integrated Personnel Services was incorporated on January 22, 2004. The company is in the business of delivering 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 and non-IT companies.
| Bidding Dates |
|---|
| 31 Oct 2022 - 02 Nov 2022 |
| Subscription |
|---|
| 19.58x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹1,18,000 | 1 | 1 | 2000 | 2.2 M | ₹59 | 70.03 % | ₹127.4 M | RHP DOC |
Integrated Personnel IPO SUBSCRIPTION STATUS
02 Nov '22Integrated Personnel IPO overall subscription rate was 19.58 times the total available shares
Integrated Personnel IPO retail subscription rate was 24.49 times in the retail segment
Integrated Personnel IPO non-institutional investor subscription rate was 14.67 times in the non-institutional investor category
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 50% | 50% | - |
02 Nov 2022 (Day 3) | 24.49x | 14.67x | - |
01 Nov 2022 (Day 2) | 7.12x | 0.91x | - |
31 Oct 2022 (Day 1) | 1.96x | 0.54x | - |
Integrated Personnel IPO SUBSCRIPTION STATUS DETAILS
Integrated Personnel had 2.2 M shares on offer
Integrated Personnel IPO offer price was ₹59
Integrated Personnel IPO minimum Investment was ₹118000
Integrated Personnel IPO issue size was ₹ 127.4 M
Integrated Personnel had a minimum lot size of 2000 Shares per application
Integrated Personnel NUMBER OF SHARES ON OFFER
Integrated Personnel IPO IMPORTANT DATES
| Issue Open Date | 31 Oct 2022 |
| Issue close Date | 02 Nov 2022 |
| Allotment Date | 07 Nov 2022 |
| Refund Date | 09 Nov 2022 |
| Demat Account Credit Date | 10 Nov 2022 |
| Listing Date | 11 Nov 2022 |
| Listing on Exchange(s) | NSE |
| Integrated Personnel Allotment Status | Exchange |
Integrated Personnel IPO subscription opened on 31 Oct 2022, and closed on 02 Nov 2022
IPO allotment for Integrated Personnel was finalized on Monday, 07 Nov 2022
IPO listing for Integrated Personnel was on NSE on Friday, 11 Nov 2022
Integrated Personnel IPO LISTING GAINS
| Issue Price (adjusted) | 59.0 |
| Listing Open Price | 66.5 |
| Listing Close Price | 69.8 |
| Listing Gain% | 12.7% |
| Current Gain% | 274.6% |
Integrated Personnel Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Integrated Personnel Services Ltd. | 221 | 159.3 | 17.4 | 0.6 | 0.4 | 16.3 | 7.5 | 401.9 | 26.9 | 11 | 55 | 12.7 | 29.8 |
| Sagility Ltd. | 43.6 | 20391.9 | 20.5 | 0.4 | 2.7 | 9.6 | 7.3 | 7290.8 | 29.6 | 924.8 | 71.5 | 2.1 | 49.2 |
| International Gemological Institute Ltd. | 354.3 | 15311.4 | 25.1 | 1 | 11.2 | 47.8 | 38.3 | 1661.9 | 52.7 | 711.2 | 66.4 | 14.1 | 24.3 |
| Indiabulls Ltd. | 28.9 | 6741.7 | 16.1 | 0 | 6.1 | 8.9 | 6.6 | 880.8 | 172602 | 273.9 | 501.6 | 1.8 | 739.2 |
| SIS Ltd. | 427.8 | 6045.1 | 41.3 | 0.2 | 0.4 | 5.4 | 1.8 | 16030.1 | 20.9 | 137.8 | 1069.1 | 10.4 | 261.6 |
| eMudhra Ltd. | 532.3 | 4408.1 | 38.3 | 1.5 | 5.9 | 11.8 | 8.9 | 713.2 | 35.1 | 107.8 | 27.4 | 13.9 | 25.5 |
Integrated Personnel INFORMATION ON IPO ISSUE
About Integrated Personnel
Integrated Personnel Services was incorporated on January 22, 2004. The company is in the business of delivering 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 and non-IT companies.
Object of the Issue
- To meet the working capital requirements
- General corporate purposes
- To meet the issue expenses
Integrated Personnel - PROMOTERS
| Name |
|---|
| Tarang Goyal |
| Sandeep Kaur Goyal |
Integrated Personnel Lead Manager to the Issue
Unistone Capital Private Limited
mb@unistonecapital.com
Integrated Personnel Registrar to the Issue
Bigshare Services Private Limited
ipo@bigshareonline.com
Integrated Personnel Strengths
Diversified client base
The company's diversified client base and its ability to handle the complete suite of HR requirements of the clients, supported by a qualified and experienced sourcing team has significantly contributed to the sustained growth in financial indicators
Scalable business model
The company conducts operations from ten branches including coworking spaces excluding registered office, to maintain a Pan-India presence and provide services to clients across the country
Quality assurance
The company has implemented processes and systems that have resulted in it achieving operational excellence, particularly in its ability to identify the right human resources to suit the customer requirements and to provide clients consistently high levels of quality and reliability
Experienced management
The company's quality senior management team provides the right balance of experience, expertise, and strategic vision, contributing significantly to the growth
Integrated Personnel Risks
Highly competitive and fragmented industry
The company operates in a highly competitive and fragmented industry with low barriers to entry and may be unable to compete successfully against existing or new competitors, particularly in the unorganized segment
Contingent liability
The restated financial statements contain certain contingent liabilities which if materialized, may adversely affect business, financial condition, cash flows, and results of operation
Delays in filings
There have been some instances of delays in filing/ incorrect filings/non-filing in the past with the Registrar of Companies
Certain legal proceedings
The company is involved in certain legal proceedings, which, if determined adversely, may affect business and financial condition
IPO FAQs
The promoters of the company are Tarang Goyal and Sandeep Kaur Goyal.
The category allocation of qualified institutional buyers is 0.0%, the category allocation of non individual investors or high networth individuals is 50.0% and for retail investors it is 50.0%.
The price band of the IPO is Rs 59.0 - 59.0.
The IPO application opens on Oct 31, 2022 and closes on Nov 02, 2022.
The minimum lot size for the IPO is 2000. The maximum lot size for the IPO is 2000.
For all category investors, the minimum application amount for this IPO is Rs. 118,000.0, the maximum value for this IPO is Rs 118,000.0.
This IPO will be allotted on Nov 07, 2022.
The refund will be credited to your account on Nov 09, 2022.
The allotted shares will be credited to your demat on Nov 10, 2022.
Integrated Personnel Services Ltd.’s shares listed on the stock exchanges on Nov 11, 2022.