Established in 2007, ITCONS E-Solutions Limited is a reputable company based in New Delhi, specializing in providing human resource services to both public and private organizations in the organized sector.
The company offers a comprehensive range of services primarily in the domains of Manpower Supply/Recruitment Services and Manpower Sourcing/Staffing Services. With a dedicated team of over 800 staff members, including contractual employees, ITCONS E-Solutions excels in various segments such as Staffing & Recruitment, Information Technology, FMCG, Food, and more.
As part of its commitment to meet clients’ end-to-end HR needs, ITCONS E-Solutions Limited has developed a diverse range of services under different business heads, including IT Staffing, General Staffing, Re-badging, Recruitment Process Outsourcing, Pass-through Services, Payroll Services, Managed IT Services, Product Installation & Servicing Solutions, and Permanent Hiring.
The company has experienced significant revenue growth over the years, with total revenues of Rs. 1,820.36 lakhs, Rs. 842.48 lakhs, and Rs. 834.95 lakhs in 2022, 2021, and 2020, respectively. Furthermore, for the six months ending on 30th September 2022, ITCONS E-Solutions Limited recorded a total income of Rs. 1,605.05 lakhs.
With its dedicated team, diverse service offerings, and impressive revenue growth, ITCONS E-Solutions Limited continues to be a reliable and leading player in the human resource services industry.
Itcons E-solutions Ltd Stock Quote #
- Open: ₹46.11
- High – Low: ₹46.62 – ₹44.13
- Previous Close: ₹43.20
- Total Traded Value: 68,000
- 52 Weeks High: ₹52.75 (Apr 03, 2023)
- 52 Weeks Low: ₹33.01 (Mar 29, 2023)
- Updated On: Jul 24, 2023 4:00 PM
ITCONS E-Solutions IPO Details #
| IPO Date | Feb 28, 2023 to Mar 2, 2023 |
| Listing Date | Mar 13, 2023 |
| Face Value | ₹10 per share |
| Price | ₹51 per share |
| Lot Size | 2000 Shares |
| Total Issue Size | 1,700,000 shares (aggregating up to ₹8.67 Cr) |
| Fresh Issue | 1,700,000 shares (aggregating up to ₹8.67 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Market Maker portion | 86,000 shares Nikunj Stock Brokers |
ITCONS E-Solutions IPO Reservation #
| Anchor Investor Shares Offered | – |
| Market Maker Shares Offered | 86,000 (5.06%) |
| Other Shares Offered | 806,000 (47.41%) |
| Retail Shares Offered | 808,000 (47.53%) |
| Total Shares Offered | 1,700,000 (100%) |
ITCONS E-Solutions IPO Timetable (Tentative) #
ITCONS E-Solutions IPO opens on Feb 28, 2023, and closes on Mar 2, 2023.
| IPO Open Date | Tuesday, 28 February 2023 |
| IPO Close Date | Thursday, 2 March 2023 |
| Basis of Allotment | Wednesday, 8 March 2023 |
| Initiation of Refunds | Thursday, 9 March 2023 |
| Credit of Shares to Demat | Friday, 10 March 2023 |
| Listing Date | Monday, 13 March 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on Mar 2, 2023 |
ITCONS E-Solutions IPO Lot Size #
The ITCONS E-Solutions IPO lot size is 2000 shares.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2000 | ₹102,000 |
| Retail (Max) | 1 | 2000 | ₹102,000 |
| HNI (Min) | 2 | 4,000 | ₹204,000 |
| Lot Size Calculator | |||
ITCONS E-Solutions IPO Promoter Holding #
Mr. Gaurav Mittal and Mrs. Swati Jain are the Promoters of the company.
| Pre Issue Share Holding | 89.67% |
| Post Issue Share Holding | 59.36% |
Company Financials #
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31-Mar-20 | 351.17 | 834.95 | 10.57 | 96.78 | 95.64 | 145.06 |
| 31-Mar-21 | 341.21 | 842.48 | 7.53 | 104.31 | 103.17 | 136.33 |
| 31-Mar-22 | 470.71 | 1,820.36 | 119.11 | 223.42 | 222.28 | 106.23 |
| 30-Sep-22 | 792.37 | 1,605.05 | 106.12 | 462.23 | 129.36 | 176.70 |
| Amount in ₹ Lakhs | ||||||
Key Performance Indicator #
| KPI | Values |
|---|---|
| P/E (x) | 12.09 |
| Market Cap (₹ Cr.) | 25.65 |
Objects of the Issue #
The Objects of the Issue are:
- To meet the working capital requirements
- To meet the Issue Expenses
- General Corporate Purposes
ITCONS E-Solutions IPO Subscription Status (Bidding Detail) #
The ITCONS E-Solutions IPO is subscribed 16.79 times on Mar 2, 2023 6:58:00 PM. The public issue subscribed 17.45 times in the retail category, times in the QIB category, and 16.12 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|---|
| Other | 16.12 |
| Retail | 17.45 |
| Total | 16.79 |
ITCONS E-Solutions IPO Prospectus #
ITCONS E-Solutions IPO Listing Details #
| Listing Date | Mar 13, 2023 |
| BSE Script Code | 543806 |
| NSE Symbol | |
| ISIN | INE0O6A01019 |
| Final Issue Price | ₹51 per share |
Listing Day Trading Information #
| Price Details |
|---|
| Final Issue Price |
| Open |
| Low |
| High |
| Last Trade |
| BSE SME |
|---|
| ₹51.00 |
| ₹46.99 |
| ₹46.00 |
| ₹49.33 |
| ₹49.33 |
Check IPO Performance…
Company Contact Information #
Regus Elegance 2F, Elegance Jasola District Centre
Old Mathura Road, New Delhi,
South Delhi – 110025
Phone: +91 120 4149563
Email: cs.pooja@itconsinc.com
Website: http://www.itconsinc.com/
ITCONS E-Solutions IPO Registrar #
Cameo Corporate Services Limited
Phone: +91-44-28460390
Email: investor@cameoindia.com
Website: https://ipo.cameoindia.com/
ITCONS E-Solutions IPO Lead Manager(s) #
Frequently Asked Questions #
What are the dates for the ITCONS E-Solutions IPO? #
The ITCONS E-Solutions IPO opened on February 28, 2023, and closed on March 2, 2023.
When will the ITCONS E-Solutions IPO allotment status be available? #
The ITCONS E-Solutions IPO allotment status is expected to be available on March 8, 2023, as per the timeline provided in the red-herring prospectus.
How can I check the ITCONS E-Solutions IPO allotment status online? #
To check the ITCONS E-Solutions IPO allotment status, you can visit the ITCONS E-Solutions IPO allotment status page and click on the green “ITCONS E-Solutions IPO Allotment Status” button. Then, enter your PAN number, Application Number, or DP Client ID of the demat account and click on “Search.”
What is the expected listing date for ITCONS E-Solutions IPO? #
The ITCONS E-Solutions IPO is expected to be listed on BSE SME on March 13, 2023.
What is the IPO subscription status for ITCONS E-Solutions? #
As of the latest update, the ITCONS E-Solutions IPO has been subscribed 16.79 times, with the retail category being subscribed 17.45 times and the other category being subscribed 16.12 times.
What is the issue price and lot size of ITCONS E-Solutions IPO? #
The issue price of ITCONS E-Solutions IPO is ₹51 per share, and the lot size is 2000 shares.
Who are the promoters of ITCONS E-Solutions Limited? #
The promoters of ITCONS E-Solutions Limited are Mr. Gaurav Mittal and Mrs. Swati Jain.
What are the business heads under which ITCONS E-Solutions offers its services? #
ITCONS E-Solutions offers its services under various business heads, including IT Staffing, General Staffing, Re-badging, Recruitment Process Outsourcing, Pass through Services, Payroll Services, Managed IT Services, and Product Installation & Servicing Solutions.
Please note that the information provided here is based on the available data and may be subject to change. For the most up-to-date and accurate information, it is recommended to visit the official sources and financial portals directly.
