| IPO Listing At | NSE SME |
| SME IPO Issue Type | Fixed Price Issue |
| Total Issue Size | ₹12.74 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹12.74 Cr |
| Fresh Issue | ₹12.10 Cr |
| Face Value | ₹10 Per Equity Share |
| Issue Price | ₹59.00 per share |
| Discount | Retail: 0.00 |
| NSE Code | IPSL |
| Registrar | Bigshare Services Pvt.Ltd. |
| Lead Managers | Unistone Capital Pvt.Ltd. |
| Allotment Status |
| DRHP |
| RHP |
| Final Prospectus |
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Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
Minimum bid: 2,000 shares and in multiples thereof
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:
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To meet the working capital requirements | 8.40 |
| 2 | General Corporate Purposes | 2.22 |
| 3 | Issue Expenses | 2.12 |
| Period Ended | 30 Jun 2022 | 31 Mar 2022 | 31 Mar 2021 | 31 Mar 2020 |
|---|---|---|---|---|
| Assets | 55.41 | 53.03 | 46.70 | 45.47 |
| Total Income | 45.14 | 169.92 | 138.64 | 169.30 |
| Profit After Tax | 0.83 | 4.01 | 1.91 | 3.11 |
| NET Worth | 18.00 | 17.17 | 13.16 | 11.26 |
| Reserves and Surplus | 12.96 | 12.13 | 8.12 | 6.21 |
| Total Borrowing | 31.73 | 28.45 | 24.87 | 23.87 |
| Amount in ₹ Crore | ||||
| KPI | |
|---|---|
| ROE | 23.46% |
| ROCE | 14.88% |
| Debt / Equity | 1.66% |
| RoNW | 23.34% |
| PAT Margin | 1.84% |
| EBITDA Margin | 3.44% |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (₹) | 7.94 | |
| P/E (x) | 12.77 | |
| Promoter Holding | 98.61% | 69.05% |
| Market Cap | ₹42.52 Cr. | |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Issue relating expenses such as fees to Lead manager Fixed Fee, Registrar to the Issue Legal Advisors, Advisors to the issue, Auditors, Paper Advertisements and other expenses incurred/ to be incurred including promotional expenses | 1.67 |
| 2 | Underwriting commission, brokerage and selling commission (including Commission/ processing fees for SCSBs, Sponsor Bank, Members of the Syndicate, Registered Brokers, RTAs and CDPs | 0.30 |
| 3 | Listing fees, Stock Exchange processing/ listing fees, software fees, Depositories’ fees, other regulatory expenses and sundry expenses. | 0.15 |
Last Updated on 13-May-2026 10:31:38
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.