Integrated Personnel Services SME IPOIntegrated Personnel Services SME IPO Analysis @ Chanakyanipothi.com,
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    Listing: The scrip on 11 Nov. 2022 got listed at Rs. 66.50 as compared to its issue price of Rs. 59

    Guidance: HR and Recruitment market in which the company is active is very huge and there is ample space for small as well as large players. The IPO size is somewhat large and yet the retail portion can get oversubscribed by just 513 forms. so, oversubscription is not an issue. The IPO is very attractively priced and there is good scope for strong returns on listing. Apply.

    Subscription Trend on Last day
    On 2.11.2022 at 5.00 pm
      No. of No. of times
      Shares offered Subscribed
    NII 1024000 14.67
    Retail  1026000 24.49
    Total 2050000 19.58

    Integrated Personnel Services Company Details

    Over the last decade, Integrated Personnel Services has been developing its service offering so as to support its clients in their end-to-end HR needs through its bouquet of services under one roof. It has over 11 branch offices for sourcing and recruitment in 128 cities with more than 6,000 Associates deployed as on March 31, 2022. It focuses on people, processes and technology to enhance business productivity by enabling its clients to outsource their staffing requirements and allowing them to focus on operating and growing their core.

    The Company started its operations in 2004 with its main focus in the hospitality as the prime sector, followed by the engineering and energy sector in the coming years. To expand its business ambit, the company through Vantage Tech HR Services in 2014 entered into the IT domain by setting up additional branches. From year 2015 onwards, its marketing plan as well as consolidated business and growth strategy have enabled it to bring most of the operations and processes of IPS on one single digital platform. It aims at working on innovative technologies to facilitate its clients and to further expand its business operations.

    For more information, click www.integratedpersonnelservices.com

    Integrated Personnel Services IPO Details
    IPO opens on  31 October 2022
    IPO closes on  02 November 2022
    Issue Type Book Built Issue IPO
    Issue Size up to 21,60,000 Shares /Rs 12.744 Crore
    * Fresh Issue Rs.12.744 Cr approx.
    * Offer for Sale  Up to Rs.0 Cr
       
    Face Value per share: Rs. 10
       
    Price Band Rs. 59
    Employee discount  Rs. 0 per share
    Retail Lot Size  2000 Shares
    Listing will at  NSE Sme
    Shares offered to
      Shares Rs. (Cr)
    QIB (00 %)  0 0
    NII (50 %)  10,26,000 6.37
    RII (50 %)  10,26,000 6.37
    Total Shares  38,21,200 12.744
    Retail portion will be oversubscribed by  513
    Forms
    How much Shares to Apply?
    Min Retail Application 2000 Shares Rs. 118000
    Max Retail Application  2000 shares Rs. 118000

    Promoters of the IPO
    MR. TARANG GOYAL AND MRS.SANDEEP KAUR GOYAL

    Objects of the IPO:
     to meet the Working Capital Requirement

    Integrated Personnel IPO Tentative timetable
    IPO opens on 31 October,2022
    IPO Closes on 02 November,2022
    IPO Allotment on  07 November,2022
    Unblocking of ASBA  09 November,2022
    Credit to Demat Accounts  10 November,2022
    Listing on 11 November,2022
    Registered Office of Integrated Personnel 
    M/s Gokul Industries Rafaleshvar Industrial Estate, Nr. Rafaleshvar Railway. Track, Morbi,
    Jambudiya, Dist. Rajkot Gujarat 363642
    Integrated Personnel IPO Lead Managers 
    unistone Capital Pvt. Ltd.
    Registrar to Integrated Personnel IPO
    Bigshare Services Pvt Ltd.
    Integrated Personnel IPO Financial & Analytical Ratios
    Year Total Income Net Profit EPS RoNW
      Rs. Cr Rs. Cr Rs. %
    2019-20 169.30 3.11 6.16 27.63
    2020-21 138.64 1.91 3.78 14.49
    2021-22 169.92 4.01 7.94 23.34
    Book Value of the Share on 31.03.2022 Rs.34.03    
    Book Value of the Share after the IPO Rs.29    
    Offer Price   Rs. 59    
    Ratio Analysis
    Upper Price Band/last EPS 14
    Upper offer price/Book Value Ratio 1.7
    Upper offer price/BV after IPO Ratio
    Integrated Personnel IPO Peer Comparison:
    as on date of DRHP Total Income Rs. Net Profit PE Ratio
      Rs Cr. Rs. Cr  
    Aarvi Encon Limited     13.91
    ANI Integrated Services      8.85
           

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