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IEITCONSListed

ITCONS E-Solutions Limited

Fixed Price IPO · BSE

Price band
₹51 - ₹51
Lot size
2,000 shares
Issue amount
₹8.67 cr
Total subscription
16.79×
Current price₹232.35
Listing price ₹46.99
Watch live price ↗
Opens
28 Feb 2023
Closes
2 Mar 2023
Allotment
7 Mar 2023
Listing
13 Mar 2023

Offer at a glance

Issue overview

Issue size
17,00,000 shares
Face value
₹10 per share
Minimum investment
₹1,02,000
Fresh issue
₹8.67 cr
Offer for sale
₹0 cr
Registrar
Cameo Corporate Services Limited
Listing exchange
BSE
Maximum investment
₹1,02,000
Issue type
Fixed Price IPO
Shares before issue
33,28,726
Shares after issue
50,28,726

Lot sizes

CategoryLotsSharesAmount
RETAIL12,000₹1,02,000
HNI24,000₹2,04,000

Share reservation

Market Maker5.06%
NII (HNI)47.41%
RETAIL47.53%

Subscription & GMP

Subscription by category

Total subscribed16.79×

Subscription figures are awaiting publication.

GMP history

02425 Mar: ₹412 Nov: ₹4
25 Mar₹412 Nov

Application-wise demand

CategoryReserved applicationsApplied applications
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Financial performance

Company financials

In Lakhs · Reported periods may include interim results.

Revenue & profitIn Lakhs
05001,0001,5002,000Sep 2022 · Revenue: 1,605.05Sep 2022 · Profit after tax: 106.12Sep 2022Mar 2022 · Revenue: 1,820.36Mar 2022 · Profit after tax: 119.11Mar 2022Mar 2021 · Revenue: 842.48Mar 2021 · Profit after tax: 7.53Mar 2021Mar 2020 · Revenue: 834.95Mar 2020 · Profit after tax: 10.57Mar 2020
RevenueProfit after tax

Company information

Company profile

Incorporated in 2007, ITCONS E-Solutions Limited is a New Delhi-based company specializing in providing human resource services to both public and private sector organizations. The company’s key service areas include manpower supply, recruitment, and staffing solutions across industries such as IT, FMCG, and food. With a workforce of over 800 employees, including contractual staff, ITCONS offers a comprehensive suite of HR services, including IT and general staffing, re-badging, recruitment process outsourcing, payroll management, managed IT services, and permanent hiring. Over the years, the company has demonstrated strong financial growth, with revenues increasing from ₹834.95 lakhs in 2020 to ₹1,820.36 lakhs in 2022, and ₹1,605.05 lakhs recorded for the half-year ending September 2022.

Promoters

Mr. Gaurav Mittal

Mrs. Swati Jain

Registrar & documents

Lead manager

Finshore Management Services Limited

Registered office

Regus Elegance 2F, Elegance Jasola District Centre Old Mathura Road, New Delhi, South Delhi – 110025

+91 120 4149563

[email protected]Company website ↗

Understanding ITCONS IPO data

Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.