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Integrated Personnel Services Limited IPO

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Integrated Personnel Services (IPS Group), founded in 2004, is an end-to-end human resource management firm that provides customized solutions to various corporates in India.

The services provided by the company have been classified as follows:

  1. Raising (Executive Search, Recruitment process and IT Staffing)
  2. Renting (Flexi Staffing, Staffing for Infrastructure Domain, Sales Staffing Services)
  3. Management (Payroll and compliance management, resource training and development, performance management, and HR policy implementation)

As March 31, 2022, Integrated Personnel Services Group have over 11 branch offices for sourcing and recruitment in 128 cities, with over 6,000 Associates deployed.

The company has branch offices in major Indian cities such as Mumbai, Delhi, Kolkata, Chennai, Bengaluru, Hyderabad, Ahmedabad, Noida, Bhopal, and Pune.

Key Strengths :

  • Clientele is diverse.
  • Scalable business model with a presence across India.
  • Customer satisfaction and quality assurance
  • Quality human capital supports experienced management.
  • Provide excellent HR solutions while keeping costs to a minimum.

Objects of the Issue :

  • 1. To meet the requirements for working capital
  • 2. General Corporate Goals
  • 3. To cover the costs of the issue

IPO Tentative Timetable :

The IPO for Integrated Personnel Services begins on October 31, 2022 and ends on November 2, 2022. The Integrated Personnel Services IPO bid period runs from October 31, 2022 at 10:00 a.m. to November 2, 2022 at 5:00 p.m. The deadline for UPI Mandate confirmation is 5 p.m. on the day the issue closes.

IPO Lot Size :

The IPO lot size for Integrated Personnel Services is 2000 shares. Individual retail investors can apply for up to 1 lot (2000 shares or ₹118,000).

Retail (Min.)12000₹118,000
Retail (Max.)12000₹118,000

IPO Details :

Face Value₹10 per share
Price₹59 per share
Lot Size2000 Shares
Issue Size2,160,000 shares of ₹10
(aggregating up to ₹12.74 Cr)
Fresh Issue2,160,000 shares of ₹10
(aggregating up to ₹12.74 Cr)
Issue TypeFixed Price Issue IPO
Listing AtNSE SME
NII (HNI) Shares Offered50% of the net offer
Retail Shares Offered50% of the net offer
Company PromotersMr. Tarang Goyal and Mrs. Sandeep Kaur Goyal are the company promoters.

Company Contact Information :

Integrated Personnel Services Limited

14, Whispering Palm

Shopping Center, Lokhandwala

Complex, Kandivali (East), Mumbai 400101

Phone: 022-42300200

Email: cs@ipsgroup.co.in

Website: http://www.integratedpersonnelservices.com/

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