Platinumone Business Services Limited IPO Detail
PlatinumOne Business Services Limited provides customer acquisition-specific Business Process Management Services (BPMS) services to mid-size and large corporates. The company offers its services in several industries including FMCG, Real Estate, Furniture, Insurance, Consumer Durables, etc. Process offerings include Lead Conversion, Customer Care, Channel Management, Lead Generation and Loyalty Program which are delivered through their Call Centres.
The company has a registered office in Maharashtra and has branches in Delhi & Kolkata as well. Clients include the likes of Godrej Properties, Godrej Interio, Edelweiss Tokio Life, Tally, Lodha Group, Hafele, Reliance Nippon, Capital foods.
Competitive strengths
- Strict adherence to quality standards.
- Focus on quality service.
- Experienced Management Team.
- Innovative process solutions.
- Skilled IT team, Excellent Infrastructure, and highest quality of Technology.
- Safe & friendly working environment for employees.
Company Promoters
Platinum Power Wealth Advisors Private Limited, Mr. Amey Narendra Saxena, Mr. Ratul Lahiri, and Mr. Vivek Yogendra KumarIPO Details
| IPO Opening Date | Sep 02, 2021 |
| IPO Closing Date | Sep 07, 2021 |
| Issue Type | Fixed Price Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹91 per equity share |
| Market Lot | 1200 Shares |
| Min Order Quantity | 1200 Shares |
| Listing At | BSE SME |
| Issue Size | ₹3.89 Cr |
| Fresh Issue | 422,400 Eq Shares of ₹10 (aggregating up to ₹3.89 Cr) |
| Offer for Sale | - |
| Retail Portion | - |
IPO Subscription (Bidding Detail)
| AS On | QIB | SHNI | BHNI | NII | RII | TOTAL |
|---|---|---|---|---|---|---|
| Day 1 | - | - | 2.84x | 0.63x | 1.74x |
IPO Tentative Timetable
The Platinumone Business Services Limited IPO open date is Sep 02, 2021, and the close date is Sep 07, 2021. The issue may list on Sep 16, 2021.
| IPO Open Date | Sep 02, 2021 |
| IPO Close Date | Sep 07, 2021 |
| Basis of Allotment Date | Sep 13, 2021 |
| Initiation of Refunds | Sep 14, 2021 |
| Credit of Shares to Demat Account | Sep 15, 2021 |
| IPO Listing Date | Sep 16, 2021 |
IPO Lot Size
The Platinumone Business Services Limited IPO market lot size is 1200 shares. A retail-individual investor can apply for up to 1 lots (1200 shares or ₹109200).
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 1200 | ₹109200 |
| Maximum | 1 | 1200 | ₹109200 |
IPO Promoter Holding
| Pre Issue Share Holding | 100% |
| Post Issue Share Holding | 73.31% |
Company Financials:
For the year/period ended (₹ in Crs)
| Financial Year | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 31-Mar-21 | 13.99 | 20.20 | 1.07 |
| 31-Mar-20 | 14.09 | 26.18 | 2.04 |
| 31-Mar-19 | 11.54 | 18.39 | 1.75 |
Objects of the Issue:
The net proceed from the IPO will be utilized towards the following purposes;
- Funding the working capital requirements of our Company
- General Corporate purpose.
