| IPO Listing At | BSE SME |
| SME IPO Issue Type | Fixed Price Issue |
| Total Issue Size | ₹8.67 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹8.67 Cr |
| Fresh Issue | ₹8.23 Cr |
| Face Value | โน10 Per Equity Share |
| Issue Price | โน51.00 per share |
| Discount | Retail: 0.00 |
| BSE Code | 543806 |
| Registrar | Cameo Corporate Services Ltd. |
| Lead Managers | Finshore Management Services Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 2,000 shares and in multiples thereof
Incorporated in 2007, 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:
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:
The revenue of ITCONS E-Solutions Limited have too grown tremendously over the past years. For the years 2022, 2021, and 2020, the total revenue of the company was Rs. 1,820.36 lakhs, Rs. 842.48 lakhs, and Rs. 834.95 lakhs, respectively. Further, for the six months of 2022 ending 30th September, 2022, the company posted a total income of Rs. 1,605.05 lakhs.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | Working capital requirements | 6.00 |
| 2 | Issue related expenses | 1.27 |
| 3 | General corporate expenses | 1.40 |
| Period Ended | 30 Sep 2022 | 31 Mar 2022 | 31 Mar 2021 | 31 Mar 2020 |
|---|---|---|---|---|
| Assets | 7.92 | 4.71 | 3.41 | 3.51 |
| Total Income | 16.05 | 18.20 | 8.42 | 8.35 |
| Profit After Tax | 1.06 | 1.19 | 0.08 | 0.11 |
| NET Worth | 4.62 | 2.23 | 1.04 | 0.97 |
| Reserves and Surplus | 1.29 | 2.22 | 1.03 | 0.96 |
| Total Borrowing | 1.77 | 1.06 | 1.36 | 1.45 |
| Amount in ₹ Crore | ||||
| KPI | |
|---|---|
| ROE | 53% |
| ROCE | 58% |
| Debt / Equity | 0.48% |
| RoNW | 53.31% |
| PAT Margin | 7.00% |
| EBITDA Margin | 9.87% |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 4.16 | |
| P/E (x) | 12.09 | |
| Promoter Holding | 89.67% | 59.36% |
| Market Cap | โน25.65 Cr. | |