ITCONS E-Solutions IPO description – Incorporated in 2007, ITCONS E-Solutions is engaged in the business of providing human resource services. The company offers its services mainly in the organized sector to both public and private organizations.
Since its incorporation, ITCONS E-Solutions has grown to over 800 staff team including contractual employees. They offer their expert services in different segments like Staffing & Recruitment, Information Technology, FMCG, Food, etc.
Since its Incorporation, ITCONS E-Solutions has been developing its service offering so as to support its clients in their end-to-end HR needs through its bouquet of services under one roof.
The company service of the entity is primarily in the domain:
- Manpower Supply/Recruitment Services
- Manpower Sourcing/Staffing Services
The range of services of the company has been divided under the following business heads:
- IT Staffing
- General Staffing
- Re-badging
- Recruitment Process Outsourcing
- Pass through Services
- Payroll Services
- Managed IT Services
- Product Installation & Servicing Solutions
- Permanent Hiring
Promoters of ITCONS E-Solutions – Mr. Gaurav Mittal and Mrs. Swati Jain
ITCONS E-Solutions IPO Details
| ITCONS E-Solutions IPO Dates | 28 Feb – 2 Mar 2023 |
| ITCONS E-Solutions IPO Price | INR 51 per share |
| Fresh issue | 17,00,000 shares (INR 8.67 crore) |
| Offer For Sale | Nil |
| Total IPO size | 17,00,000 shares (INR 8.67 crore) |
| Minimum bid (lot size) | 2,000 shares (INR 102,000) |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | BSE SME |
ITCONS E-Solutions Financial Performance
| FY 2020 | FY 2021 | FY 2022 | H1 FY 2023 | |
| Revenue | 834.1 | 832.2 | 1,805.3 | 1,605.1 |
| Expenses | 796.3 | 819.3 | 1,640.5 | 1,443.4 |
| Net income | 10.6 | 7.5 | 119.1 | 106.1 |
ITCONS E-Solutions Offer News
- ITCONS E-Solutions RHP
- ITCONS E-Solutions Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
ITCONS E-Solutions Valuations & Margins
| 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 |
ITCONS E-Solutions IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 9 Mar 2023 | 5 | – | – |
| 8 Mar 2023 | 5 | – | – |
| 6 Mar 2023 | 5 | – | – |
| 4 Mar 2023 | 5 | – | – |
| 3 Mar 2023 | 5 | – | – |
| 2 Mar 2023 | 5 | – | – |
| 1 Mar 2023 | 5 | – | – |
| 28 Feb 2023 | 5 | – | – |
ITCONS E-Solutions IPO Subscription – Live Updates
| Category | Non-retail | Retail | Total |
| Shares Offered | 850,000 | 850,000 | 1,700,000 |
| 2 Mar 2023 | 16.12 | 17.21 | 16.67 |
| 1 Mar 2023 | 1.03 | 3.11 | 2.07 |
| 28 Feb 2023 | 0.82 | 1.11 | 0.96 |
ITCONS E-Solutions Offer Lead Manager
FINSHORE MANAGEMENT SERVICES LIMITED
Anandlok Building, Block-A,
2nd Floor, Room No. 207,
227 A.J.C Bose Road, Kolkata-700020, West Bengal
Phone :033 – 2289 5101 / 4603 2561
Email: [email protected]
Website: www.finshoregroup.com
ITCONS E-Solutions Offer Registrar
CAMEO CORPORATE SERVICES LIMITED
“Subramanian Building”,
#1, Club House Road,
Chennai – 600 002, Tamil Nadu
Telephone: 044-28460390
Email: [email protected]
Website: www.cameoindia.com
ITCONS E-Solutions Contact Details
ITCONS E-SOLUTIONS LIMITED
3rd Floor, B-10, Bajaj Bhawan,
Sector-3, Jamna Lal Bajaj Marg,
Noida – 201301, Uttar Pradesh, India
Phone: +91 120 4149563
E-mail: [email protected]
Website: www.itconsinc.com
ITCONS E-Solutions IPO Allotment Status
ITCONS E-Solutions IPO allotment status is now available on Cameo Corporate Services’ website. Click on this link to get allotment status.
ITCONS E-Solutions IPO Dates & Listing Performance
| ITCONS Offer Opening Date | 28 February 2023 |
| ITCONS IPO Closing Date | 2 March 2023 |
| Finalisation of Basis of Allotment | 8 March 2023 |
| Initiation of refunds | 9 March 2023 |
| Transfer of shares to demat accounts | 10 March 2023 |
| ITCONS IPO Listing Date | 13 March 2023 |
| Opening Price on BSE SME | INR 46.99 per share (down 7.86%) |
| Closing Price on BSE SME | INR 49.33 per share (down 3.27%) |
ITCONS E-Solutions IPO FAQs
What is ITCONS E-Solutions’ offer size?
ITCONS E-Solutions’ offer size is INR 8.67 crore.
What is ITCONS E-Solutions IPO Price Band?
ITCONS E-Solutions’ public offer price is INR 51 per share.
What is the lot size of ITCONS E-Solutions IPO?
ITCONS E-Solutions’ offer lot size is 2,000 shares.
What is ITCONS E-Solutions IPO GMP today?
ITCONS E-Solutions IPO GMP today is INR 5 per share.
What is the ITCONS E-Solutions kostak rate today?
ITCONS E-Solutions kostak rate today is NA per application.
What is ITCONS E-Solutions Subject to Sauda rate today?
ITCONS E-Solutions Subject to Sauda rate today is INR NA per application.
