Surevin BPO Services IPO

 

Surevin BPO Services IPO

Surevin BPO IPO

Surevin BPO Services is a certified service provider of IT Solution & Business Services, Outsourcing Services, Digital Solutions and Marketing, Data Enrichment & Management Service, Skill Development & Training Program and HR Consultancy. The company is mainly engaged in outsourcing services which includes Inbound and Outbound Call, Software Development and providing optical fibre cabling to Reliance, Idea and BSNL.

It has its business process outsourcing unit, located in the capital city of Madhya Pradesh, Bhopal which has a total carpet area of approximately 28,000 sq. ft. wherein it has devoted 2000 sq. ft. to SQFT Separate Training Centre. In order to meet customer requirements, it is adapting to ISO 9001:2008 and ISO/IEC 27001-2013 quality systems which is valid until May 29, 2018 and July 29, 2017 respectively. It provides a comprehensive range of services to clients in each of its focus industries. The principal services that it provides in each industry are BFSI, Government Agencies, Telecom, Technology and media industries. It provides lifecycle management to our customers, technology and infrastructure services, back office services, HRO Services, Financial and Insurance Services, Telecom and Training etc.

Promoters of Surevin BPO Services – Abhishek Gupta and Sonika Gupta

Surevin BPO Services IPO details

Subscription Dates 28 July – 1 August 2017
IPO Price band INR38 – 40 per share
Fresh issue 912,000 shares (INR3.46 – 3.64 crore)
Offer for sale Nil
Total IPO size 912,000 shares (INR3.46 – 3.64 crore)
Minimum bid (lot size) 3,000 shares
Face Value  INR10 per share
Retail Allocation 50%
Listing On NSE Emerge SME platform

Surevin BPO Services’ financial performance (in INR crore)

FY2013 FY2014 FY2015 FY2016 FY2017
Total revenue 5.45 6.08 10.58 15.29 15.28
Total expenses 5.99 5.75 9.24 12.32 12.54
Profit after tax -0.48 0.10 0.73 1.77 1.52

Surevin BPO Services Limited
40, Mandakini Housing Society,
Behind Reliance Fresh, Kolar Road,
Bhopal: 462 036

Phone: +91 0755 4278 897
Email: [email protected]
Website: www.surevin.com;

Day

Subscription (no. of times)

Day 1 0.72
Day 2 4.08
Day 3 54.95

 

Earnings Per Share (EPS): INR6.14

Price/Earnings (P/E) ratio: 6.18 – 6.51

Return on Net Worth (RONW): 32.03%

Net Asset Value (NAV): INR19.17 per share

Sharex Dynamic (India) Private Limited
Unit- 1, Luthra Industrial Premises, Safed Pool,
Andheri Kurla Road, Andheri (E),
Mumbai- 400 072

Phone: +91 22 2851 5606
Fax: 
+91 22 2851 2885 
Email:
[email protected]
Website: www.sharexindia.in

Surevin BPO Services IPO allotment status is now available on Sharex Dynamic’s website. Click on this link to get allotment status.

IPO Opening Date: 28 July 2017

IPO Closing Date: 1 August 2017

Finalisation of Basis of Allotment: 4 August 2017

Initiation of refunds: 4 August 2017

Transfer of shares to demat accounts: 4 August 2017

Listing Date: 9 August 2017

Listing Price on NSE SME: INR48 per share (up 20% from IPO price)

Closing Price on NSE SME: INR40.2 per share (up 0.5% from IPO price)

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