ITCONS E-Solutions IPO GMP, Review, Price, Allotment

ITCONS E-Solutions IPO GMP 2023

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
ITCONS E-Solutions 2023

Promoters of ITCONS E-Solutions – Mr. Gaurav Mittal and Mrs. Swati Jain

ITCONS E-Solutions IPO Details

ITCONS E-Solutions IPO Dates28 Feb – 2 Mar 2023
ITCONS E-Solutions IPO PriceINR 51 per share
Fresh issue17,00,000 shares (INR 8.67 crore)
Offer For SaleNil
Total IPO size17,00,000 shares (INR 8.67 crore)
Minimum bid (lot size)2,000 shares (INR 102,000)
Face Value INR 10 per share
Retail Allocation50%
Listing OnBSE SME

ITCONS E-Solutions Financial Performance

 FY 2020FY 2021FY 2022H1 FY 2023
Net income10.67.5119.1106.1
Figures in INR Lakhs unless specified otherwise

ITCONS E-Solutions Offer News

ITCONS E-Solutions Valuations & Margins

FY 2020FY 2021FY 2022
PE ratio12.26
RONW (%)10.937.2253.31
ROCE (%)
EBITDA (%)4.622.739.87
*Compiled by IPO Central from Prospectus

ITCONS E-Solutions IPO GMP Today

DateConsolidated IPO GMPKostakSubject to Sauda
9 Mar 20235
8 Mar 20235
6 Mar 20235
4 Mar 20235
3 Mar 20235
2 Mar 20235
1 Mar 20235
28 Feb 20235

ITCONS E-Solutions IPO Subscription – Live Updates

Shares Offered850,000850,0001,700,000
2 Mar 202316.1217.2116.67
1 Mar 20231.033.112.07
28 Feb 20230.821.110.96

ITCONS E-Solutions Offer Lead Manager

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]

ITCONS E-Solutions Offer Registrar

“Subramanian Building”,
#1, Club House Road,
Chennai – 600 002, Tamil Nadu
Telephone: 044-28460390
Email: [email protected]

ITCONS E-Solutions Contact Details

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]

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 Date28 February 2023
ITCONS IPO Closing Date2 March 2023
Finalisation of Basis of Allotment8 March 2023
Initiation of refunds9 March 2023
Transfer of shares to demat accounts10 March 2023
ITCONS IPO Listing Date13 March 2023
Opening Price on BSE SMEINR 46.99 per share (down 7.86%)
Closing Price on BSE SMEINR 49.33 per share (down 3.27%)


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.


Please enter your comment!
Please enter your name here