Business Standard

Integrated Personnel Services Ltd - IPO

Issue Type

Fixed Price - SME

Issue Size (₹ Cr.)

12.74 cr

Price Range (₹)

59

Lot Size

2000

Min Investment (₹)

1,18,000.00

Listing Exchange

NSE - SME

Open Date

31-Oct-2022

Close Date

02-Nov-2022

Listing Date

11-Nov-2022

Integrated Personnel Services Ltd News

    The Shares of Integrated Personnel Services Ltd have now been listed.

    Integrated Personnel Services Ltd IPO Details

    Initial public issue of 21,60,000 equity shares of face value of Rs. 10 each of Integrated Personnel Services Limited (the Company or the Issuer) for cash at a price of Rs. 59 per equity share including a share premium of Rs. 49 per equity share (the Issue Price) aggregating to Rs. 12.74 crores (The Issue), of which 1,10,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 59 per equity share including a share premium of Rs. 49 per equity share aggregating to Rs. 0.65 crores will be reserved for subscription by market maker to the issue (the Market Maker Reservation Portion). The issue less the market maker reservation portion i.e. net issue of 20,50,000 equity shares of face value of Rs. 10 each at a price of Rs. 59 per equity share aggregating to Rs. 12.09 crores is herein after referred to as the Net Issue. The issue and the net issue will constitute 29.97% and 28.45% respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10/- each and the issue price is 5.9 times of the face value.

    Objective of issue

    To meet the working capital requirements. General corporate purposes.

    Integrated Personnel Services Ltd Contact Details

    Integrated Personnel Services Ltd, Office No 56-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

    Phone - 91-22-62638200

    Fax - 91-22-63638299

    Email - cs@ipsgroup.co.in

    Website - www.integratedpersonnelservices.com