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ITCONS E-Solutions Ltd

ITCONS E-Solutions Ltd

BSE SME · SME IPO
Listed BSE SME SME Live Chart
Issue Price
₹51
₹51
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹51
Based on GMP
Min. Investment
₹102,000
1 lot × 2000 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
28 Feb 2023
Close Date
02 Mar 2023
Allotment
08 Mar 2023
Listing Date
13 Mar 2023
Exchange
BSE SME
Price Band
₹51
Listing Price
See chart
Allotment Status
Price Band
₹51
Per share
Face Value
₹10 per share
 
Lot Size
2,000 Shares
per lot
Issue Size
17,00,000 shares (aggregating up to ₹8.67 Cr)
Total offering
Issue Type
Fixed Price IPO
 
Min Investment
₹102,000
1 lot
Pre-IPO Holding
33,28,726 shares
Promoters
Post-IPO Holding
50,28,726 shares
Promoters
P/E (Pre)
12.09x
 
UPI Deadline
2023-03-02
Mandate
Anchor AllotmentMon, 27 Feb 2023
Basis of AllotmentWed, 08 Mar 2023
Refund InitiationThu, 09 Mar 2023
Demat CreditFri, 10 Mar 2023
Listing DayMon, 13 Mar 2023
UPI Mandate Deadline2023-03-02
Sale TypeFresh Capital
Net Offer to Public16,14,000 shares (aggregating up to ₹8.23 Cr)
Market Maker Quota86,000 shares (aggregating up to ₹0.4386 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
ITCONS E-Solutions Ltd IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 02 Mar 2023.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
86,000
₹0.44
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
1,700,000
100% ₹8.67
IPO Shares Offered
ITCONS E-Solutions Ltd IPO total issue size: ₹8.67 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 86,000 ₹0.44
5.06%
Total 1,700,000 ₹8.67
100.00%
* Based on upper price band ₹51 per share
Lot Size & Investment
Lot Size
2,000
Shares per Lot
Issue Price
₹51.00
Upper Band
Min Investment
₹102,000
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)24,000₹204,000
Retail (Max — 13 Lots)1326,000₹1,326,000
S-HNI (Min — 14 Lots)1428,000₹1,428,000
B-HNI (Min — 68 Lots)68136,000₹6,936,000
* Issue Price ₹51 × Lot Size 2,000 shares
IPO Schedule
Anchor
27 Feb 2023
✓ Done
IPO Open
28 Feb 2023
✓ Done
IPO Close
02 Mar 2023
✓ Done
Allotment
08 Mar 2023
✓ Done
Refunds
09 Mar 2023
✓ Done
Demat Credit
10 Mar 2023
✓ Done
Listing Day
13 Mar 2023
✓ Done
ITCONS E-Solutions Ltd — Live Price LIVE
₹51.00
INR · BSE
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Issue ₹51.00 Live Price
About ITCONS E-Solutions Ltd
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:Manpower Supply/Recruitment Services;Manpower Sourcing/Staffing ServicesSince 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 StaffingGeneral StaffingRe-badgingRecruitment Process OutsourcingPass through ServicesPayroll ServicesManaged IT ServicesProduct Installation & Servicing SolutionsPermanent HiringThe 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.
Objects of the Issue
1
Working capital requirements
2
Issue related expenses
3
eneral corporate expenses
ITCONS E-Solutions Ltd Financials (Amount in ₹ Lakhs)
Revenue from Operations
₹842.5
31-Mar-21
₹1,820.4
31-Mar-22
₹1,605.1
30-Sep-22
Profit After Tax (PAT)
₹7.5
31-Mar-21
₹119.1
31-Mar-22
₹106.1
30-Sep-22
Particulars30-Sep-2231-Mar-2231-Mar-21
Revenue from Operations 1605.05 1820.36 842.48
EBITDA N/A N/A N/A
Profit After Tax (PAT) 106.12 119.11 7.53
Net Worth 462.23 223.42 104.31
Total Assets 792.37 470.71 341.21
Reserves & Surplus 129.36 222.28 103.17
Borrowings 176.70 106.23 136.33
EBITDA Margin (%) N/A
PAT Margin (%) N/A
Issue Structure & Shareholding
Total Shares Offered17,00,000 (100.00%)
Net Offer to Public16,14,000 shares (aggregating up to ₹8.23 Cr)
Reserved for Market Maker86,000 shares (aggregating up to ₹0.4386 Cr)
Pre-Issue Promoter Holding33,28,726 shares
Post-Issue Promoter Holding50,28,726 shares
P/BV RatioN/A
RoEN/A
RoCEN/A
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Finshore Management Services Ltd
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much ITCONS E-Solutions Ltd IPO subscribed?

ITCONS E-Solutions Ltd IPO is subscribed 1.00 times by Mar 02, 2023. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is ITCONS E-Solutions Ltd IPO retail subscription status?

The ITCONS E-Solutions Ltd IPO retail category is subscribed 1.00 times as of 02 Mar 2023. The retail portion is oversubscribed.

How to subscribe ITCONS E-Solutions Ltd IPO?

Subscribe via your broker app using ASBA or UPI. Opens 28 Feb 2023 and closes 02 Mar 2023. Min investment: ₹102,000 (1 lot = 2,000 shares). UPI mandate: 2023-03-02.

How many times ITCONS E-Solutions Ltd IPO subscribed?

The ITCONS E-Solutions Ltd IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check ITCONS E-Solutions Ltd IPO allotment?

Check allotment on the registrar website (Cameo Corporate Services Ltd) at https://ipo.cameoindia.com/. Enter your PAN, application number or DP/Client ID. Allotment date: 08 Mar 2023. Refunds: on 09 Mar 2023.

When ITCONS E-Solutions Ltd IPO will be listed?

The ITCONS E-Solutions Ltd IPO listing date is 13 Mar 2023, Monday. Listed on: BSE SME. Issue price: ₹51. Estimated listing: ₹51. GMP: NIL.

When ITCONS E-Solutions Ltd IPO close?

The ITCONS E-Solutions Ltd IPO closes on 02 Mar 2023, Thursday. UPI mandate: 2023-03-02. Allotment: 08 Mar 2023. Listing: 13 Mar 2023.