ITCONS E-Solutions Limited IPO
BSE SMEListed On: Mar 13, 2023 at ₹ 46.99
₹ 102000 /2000 Shares
Check AllotmentITCONS E-Solutions Limited IPO Details
28 Feb, 2023
Open Date02 Mar, 2023
Close Date08 Mar, 2023
Allotment Date13 Mar, 2023
Listing DateIssue Price
₹51 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE SMERegistrar
Cameo Corporate Services LimitedList Price
46.99Listing Date
2023-03-13Market Lot
2000 Shares (₹102,000/-)Lead Manager
Finshore Management Services LimitedIssue Size
Fresh Issue of 1,700,000 shares of ₹10 (aggregating up to ₹8.67 Cr)Retail Portion
N/ASubscription
16.79 timesITCONS E-Solutions Limited IPO Subscription Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 806,000 | 808,000 | 1,614,000 |
| Day 1 - 28-02-23 06:00 PM | 0.86 x | 1.17 x | 1.01 x |
| Day 2 - 01-03-23 06:00 PM | 1.09 x | 3.27 x | 2.18 x |
| Day 3 - 02-03-23 06:00 PM | 16.12 x | 17.45 x | 16.79 x |
ITCONS E-Solutions Limited Valuations
Earnings Per Share (EPS)
₹4.16/-P/E Ratio
12.26RoNW
53.31%Net Asset Value (NAV) - Post Issue
₹7.80/-ITCONS E-Solutions Limited Company Financials All values are in ₹ Lakh
| 30-Sep-22 | 31-Mar-22 | 31-Mar-21 | 31-Mar-20 | |
|---|---|---|---|---|
| Assets | 792.37 | 470.71 | 341.21 | 351.17 |
| Revenue | 1,605.05 | 1,820.36 | 842.48 | 834.95 |
| Profit After Tax | 106.12 | 119.11 | 7.53 | 10.57 |
About The Company
ITCONS E-Solutions Limited is a New Delhi-situated company engaged in the business of providing human resource services. The company offers its services mainly in the organized sector to both public and private organizations. The service of the entity are primarily in the domain:
- Manpower Supply/Recruitment Services;
- Manpower Sourcing/Staffing Services
Since its incorporation, ITCONS E-Solutions has grown to over 800 staff team including contractual employees. They offer their expert services in different segments like Staffing & Recruitment, Information Technology, FMCG, Food, etc.
ITCONS E-Solutions Limited has been developing its service offering so as to support its clients in their end-to-end HR needs through its services.
The range of services of the company has been divided under the following business heads:
IT Staffing
General Staffing
Re-badging
Recruitment Process Outsourcing
Pass through Services
Payroll Services
Managed IT Services
Product Installation & Servicing Solutions
Permanent Hiring
ITCONS E-Solutions Limited - Promoter(s)
Pre Issue Share Holding: 89.67%
Post Issue Share Holding: 59.36%
Company Promoter(s)
- Mr. Gaurav Mittal
- Mrs. Swati Jain
ITCONS E-Solutions Limited IPO - Issue Objectives
- To meet the working capital requirements
- To meet the Issue Expenses
- General Corporate Purposes
ITCONS E-Solutions Limited IPO - FAQs
Ans. ITCONS E-Solutions Limited IPO is a SME IPO. The issue is priced at ₹51 per equity share. The minimum order quantity is 2000 Shares. The IPO opens on Feb 28, 2023, and closes on Mar 2, 2023. Cameo Corporate Services Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Ans. The ITCONS E-Solutions Limited IPO opens on Feb 28, 2023 and closes on Mar 2, 2023.
Ans. The size of ITCONS E-Solutions Limited IPO is Fresh Issue of 1,700,000 shares of ₹10 (aggregating up to ₹8.67 Cr).
Ans. The IPO price band is set between ₹51 per equity share.
Ans. To apply for ITCONS E-Solutions Limited IPO IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find ITCONS E-Solutions Limited IPO in the List of IPOs
- - Press "Apply" Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of ITCONS E-Solutions Limited IPO is Mar 8, 2023.
Ans. The ITCONS E-Solutions Limited IPO will be listed on Mar 13, 2023.
Ans. Follow the steps to check the allotment status for ITCONS E-Solutions Limited IPO here.
