ITCONS E-Solutions IPO Review
ITCONS E-Solutions IPO Overview
ITCONS E-Solutions Limited, a firm based in New Delhi that offers human resource services, was established in 2007. The corporation primarily serves both public and private enterprises in the organised sector. The company’s services are mostly in the following areas: Manpower Sourcing/Staffing; Manpower Supply/Recruitment Services
Since its founding, ITCONS E-Solutions has expanded to a professional team of over 800 people, including contractual workers. They provide their professional services in a variety of industries, including staffing & recruitment, information technology, FMCG, and food.
In order to assist its clients’ end-to-end HR needs, ITCONS E-Solutions Limited has been expanding the services it offers.
The following business heads have been used to categorize the company’s services:
- IT personnel.
- The general staff.
- Re-badging.
- Outsourcing the
- Recruitment procedure.
- Through the Services.
- Payroll Solutions.
- IT management solutions.
- Solutions for Product Installation & Servicing.
- Permanent Employment
ITCONS E-Solutions IPO Details
IPO Date | Feb 28, 2023 to Mar 2, 2023 |
Listing Date | Mar 13, 2023 |
Face Value | ₹10 per share |
Price | ₹51 per share |
Lot Size | 2000 Shares |
Issue Size | 1,700,000 shares of ₹10 (aggregating up to ₹8.67 Cr) |
Fresh Issue | 1,700,000 shares of ₹10 (aggregating up to ₹8.67 Cr) |
Issue Type | Fixed Price Issue IPO |
Listing At | BSE SME |
NII (HNI) Shares Offered | 50% of the Net Issue |
Retail Shares Offered | 50% of the Net Issue |
Market Maker | NIKUNJ STOCK BROKERS LIMITED |
Company Promoters | Mr. Gaurav Mittal and Mrs. Swati Jain are the Promoters of the company. |
ITCONS E-Solutions IPO Financial Performance
Period Ended | Total Assets | Total Revenue | Profit After Tax |
31-Mar-20 | 351.17 | 834.95 | 10.57 |
31-Mar-21 | 341.21 | 842.48 | 7.53 |
31-Mar-22 | 470.71 | 1820.36 | 119.11 |
30-Sep-22 | 792.37 | 1605.05 | 106.12 |
Amount in ₹ Lakhs | |||
Period Ended | Net Worth | Reserves and Surplus | Total Borrowing |
31-Mar-20 | 96.78 | 95.64 | 145.06 |
31-Mar-21 | 104.31 | 103.17 | 136.33 |
31-Mar-22 | 223.42 | 222.28 | 106.23 |
30-Sep-22 | 462.23 | 129.36 | 176.7 |
Amount in ₹ Lakhs | |||
ITCONS E-Solutions IPO Key Ratios
FY 2020 | FY 2021 | FY 2022 | |
EPS | 0.37 | 0.26 | 4.16 |
PE ratio | – | – | 12.26 |
RONW (%) | 10.93 | 7.22 | 53.31 |
NAV | – | – | 7.80 |
ROCE (%) | 0.22 | 0.15 | 0.58 |
EBITDA (%) | 4.62 | 2.73 | 9.87 |
Debt/Equity | 1.50 | 1.31 | 0.48 |
Listing Performance of ITCONS E-Solutions IPO
Listed On : BSE SME
Issue Price : ₹51 per share
Listing Day Close : NA
Listing Day Gain : NA
ITCONS E-Solutions IPO ISIN Number Code
NSE : NA
ISIN CODE : INE0O6A01019
BSE : NA
ITCONS E-Solutions IPO Allotment Status
ITCONS E-Solutions IPO Important Dates
Opening Date | Feb 28, 2023 |
Closing Date | Mar 2, 2023 |
Basis of Allotment | Mar 8, 2023 |
Initiation of Refunds | Mar 9, 2023 |
Credit of Shares to Demat | Mar 10, 2023 |
Listing Date | Mar 13, 2023 |
ITCONS E-Solutions IPO Contact Details
Regus Elegance 2F, Elegance Jasola District Centre
Old Mathura Road, New Delhi,
South Delhi – 110025
Phone: +91 120 4149563
Email: cs.pooja@itconsinc.com
Website: http://www.itconsinc.com/
ITCONS E-Solutions IPO Registrar Contact Details
Cameo Corporate Services Limited
Phone: +91-44-28460390
Email: investor@cameoindia.com
Website: https://ipo.cameoindia.com/
ITCONS E-Solutions IPO FAQ's
The ITCONS E-Solutions IPO is an IPO of ₹51 per equity share with a face value of 10 per equity share.
The issue size is priced at 1,700,000 shares of ₹10 (aggregating up to ₹8.67 Cr).
The fresh issue size priced at 1,700,000 shares of ₹10 (aggregating up to ₹8.67 Cr).
The initial public offering (IPO) begins on Feb 28, 2023 and closes on March 2, 2023. The registrar for the IPO is Link Intime India Private Ltd. The shares are proposed for listing on the BSE and SME.
The ITCONS E-Solutions IPO opens on Feb 28, 2023.
ITCONS E-Solutions IPO Market lot size is 2000 Shares.
The finalization of Basis of Allotment for ITCONS E-Solutions IPO will be done on March 8, 2023 and the allotted shares will be credited to your demat account by March 10, 2023. Check the ITCONS E-Solutions IPO status.
The ITCONS E-Solutions IPO listing date is on Mar 13, 2023.
ITCONS E-Solutions IPO applications can be submitted online using either UPI or ASBA as a payment method. The ASBA IPO application is available in your bank’s net banking. Brokers who do not provide banking services provide UPI IPO applications. Learn more about online IPO applications from Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank, and SBI Bank.
ITCONS E-Solutions IPO Comments
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