IPO Issue Details
Issue Price / Price Band₹67 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size2,000 Shares per Lot
Total Issue Size30,86,000 shares (aggregating up to ₹20.68 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenFri, 14 Jul 2023
Subscription CloseTue, 18 Jul 2023
Anchor AllotmentThu, 13 Jul 2023
Basis of AllotmentFri, 21 Jul 2023
Initiation of RefundsMon, 24 Jul 2023
Credit of Shares to DematTue, 25 Jul 2023
Listing DateWed, 26 Jul 2023
UPI Mandate Deadline2023-07-18
Application & Investment Details
Retail — Min (1 Lots)₹1,34,000 — 2,000 shares
Retail — Max (13 Lots)₹1,742,000 (13 Lots)
HNI — Min (2 Lots)₹2,68,000 — 4,000 shares
EPS (Pre-IPO)₹1744.81
P/E Ratio (Pre-IPO)21.2x
Net Offer to Public29,30,000 shares (aggregating up to ₹19.63 Cr)
Reserved for Market Maker1,56,000 shares (aggregating up to ₹1.05 Cr)
Pre-IPO Promoter Holding84,12,500 shares
Post-IPO Promoter Holding1,14,98,500 shares
About Service Care Ltd
Incorporated in 2011, "Service Care Limited" is engaged in offering services such as Workspace Administration Services and Workforce Administration Services across all business domains.The Workspace Administration Services delivers professional services towards facility management, whereas under the workforce management services segment, they offer end-to-end HRMS & HROS services, designed to solve complex HR challenges.Service Care Limited has an overall experience and Market presence of over 23 years. The company has established its creditability with its customers and partners across the country.They presently have a team of 5,800+ associates (including contractual employees). Service Care currently serve clients from various segments like Engineering, Education, Manufacturing, Infrastructure, Government & Banking, Information Technology, healthcare, Staffing & Recruitment, Food, FMCG verticals, and so on.
Objects of the Issue
Service Care Ltd proposes to utilise the net proceeds from the Issue for the following objects:
1
To Meet Incremental Working Capital Requirements
15.00
2
General Corporate Purpose
2.60
Shareholding & Lock-in
Pre-IPO Promoter Holding
84,12,500 shares
Post-IPO Promoter Holding
1,14,98,500 shares