Service Care Limited IPO Detail
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.
Company Promoters
Mrs. Shany Jalal, Mr. Anil Kumar M, and Mr. Amit Kumar Rakhecha are the Promoters of the Company.IPO Details
| IPO Opening Date | Jul 14, 2023 |
| IPO Closing Date | Jul 18, 2023 |
| Issue Type | Book Built Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹63 - 67 per equity share |
| Market Lot | 2000 Shares |
| Min Order Quantity | 2000 Shares |
| Listing At | NSE SME |
| Issue Size | ₹20.68 Cr |
| Fresh Issue | 3,086,000 shares (aggregating up to ₹[.] Cr) |
| Offer for Sale | - |
| Retail Portion | 35% |
IPO Subscription (Bidding Detail)
| AS On | QIB | SHNI | BHNI | NII | RII | TOTAL |
|---|---|---|---|---|---|---|
| Day 1 | 0.00x | - | - | 0.00x | 0.00x | 0.00x |
| Day 2 | 0.00x | - | - | 0.00x | 0.00x | 0.00x |
| Day 3 | 1.00x | - | - | 0.58x | 0.59x | 0.63x |
| Day 4 | 2.03x | - | - | 0.80x | 2.57x | 1.72x |
| Day 5 | 5.10x | - | - | 2.64x | 10.54x | 6.44x |
IPO Tentative Timetable
The Service Care Limited IPO open date is Jul 14, 2023, and the close date is Jul 18, 2023. The issue may list on Jul 26, 2023.
| IPO Open Date | Jul 14, 2023 |
| IPO Close Date | Jul 18, 2023 |
| Basis of Allotment Date | Jul 21, 2023 |
| Initiation of Refunds | Jul 24, 2023 |
| Credit of Shares to Demat Account | Jul 25, 2023 |
| IPO Listing Date | Jul 26, 2023 |
IPO Lot Size
The Service Care Limited IPO market lot size is 2000 shares. A retail-individual investor can apply for up to 1 lots (2000 shares or ₹134000).
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 2000 | ₹134000 |
| Maximum | 1 | 2000 | ₹134000 |
IPO Promoter Holding
| Pre Issue Share Holding | 100% |
| Post Issue Share Holding |
Company Financials:
For the year/period ended (₹ in Lakhs)
| Financial Year | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 31-Mar-22 | 2430.89 | 11501.64 | 174.48 |
| 31-Mar-23 | 3181.30 | 13217.29 | 302.34 |
Objects of the Issue:
The Issue Proceeds from the Fresh Issue will be utilized towards the following objects:
- To Meet Incremental Working Capital Requirements
- General Corporate Purpose
- To meet Public Issue Expenses
Service Care Limited IPO Registrar:
Beetal Financial & Computer Services (P) Limited
Service Care Limited IPO Lead Manager(s):
Swastika Investmart Ltd
Company Contact Information:
Service Care Limited
No. 653, 1st Floor, 2nd Main Road Domlur Layout
Bangalore
Bangalore
