SME IPO REVIEW.
[Audio] COMPANY DETAILS 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..
[Audio] Competitive Strength: 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..
[Audio] COMPANY FINANCIALS.. COMPANY FINANCIALS. Period Ended Total Assets Total Revenue Profit After Tax Net Worth Reserves and Surplus Total Borrowing 31-Mar-20 4546.67 16929.97 311.08 1125.7 621.05 2387.17 31-Mar-21 4670.41 13864.1 190.7 1316.4 811.75 2487.07 31-Mar-22 5303.34 16992.09 400.86 1717.27 1212.61 2845.18 30-Jun-22 5541.14 4513.53 83.16 1800.43 1295.78 3172.63 Amount in ₹ Lakhs.
[Audio] OBJECTS OF THE ISSUE 1. To meet the working capital requirements 2. General Corporate Purposes 3. To meet the issue expenses.
[Audio] IPO TIMETABLE. IPO TENTATIVE TIMETABLE. Event Tentative Date Opening Date Oct 31, 2022 Closing Date Nov 2, 2022 Basis of Allotment Nov 7, 2022 Initiation of Refunds Nov 9, 2022 Credit of Shares to Demat Nov 10, 2022 Listing Date Nov 11, 2022.
[Audio] IPO LOT SIZE. IPO LOT SIZE. The Integrated Personnel Services IPO lot size is 2000 shares. A retail-individual investor can apply for up to 1 lots (2000 shares or ₹118,000), (₹ 59 per share)..
[Audio] GMP AS ON 30 OCT 2022 10: 34AM RS 21 PER SHARE ( 35.59%) FOR DAILY GMP UPDATE SUBSCRIBE MY CHANNEL THANK YOU.