Issue Price
₹51
Per Share
GMP
NIL
Grey Market
Est. Listing
₹51
Expected Price
Min. Application
₹204,000
2 lots × 2000 shares
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.
ITCONS E-Solutions Ltd proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 86,000 | — | ₹0.44 Cr | — |
| TOTAL | 1,700,000 | 100.00% | ₹8.67 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹102,000 |
| Retail (Max) | 13 | 26,000 | ₹1,326,000 |
| sNII (Min) | 14 | 28,000 | ₹1,428,000 |
| bNII (Min) | 68 | 136,000 | ₹6,936,000 |
| Particulars | 30-Sep-22 | 31-Mar-22 | 31-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 |
| Total Borrowings | 176.70 | 106.23 | 136.33 |