
Services / Professional Services · NSE
Incorporated in 2004, Integrated Personnel Services (IPS Group) is an end-to-end human resource management company offering tailored HR solutions to corporates across India. Its services are structured under three key verticals: Raising, which includes executive search, recruitment process outsourcing, and IT staffing; Leasing, covering flexi staffing, infrastructure domain staffing, and sales staffing; and Management, which involves payroll and compliance management, training and development, performance management, and HR policy implementation. With over 11 branch offices and recruitment reach across 128 cities, the company had more than 6,000 associates deployed as of March 31, 2022, and maintains a strong presence in major Indian cities such as Mumbai, Delhi, Kolkata, Chennai, Bengaluru, Hyderabad, Ahmedabad, Noida, Bhopal, and Pune.
Price Band
₹59
Issue Size
₹12.74 Cr
Lot Size
2000 shares
GMP
+11.9%
Est. Listing
₹66
at current GMP
Subscribed
19.58x
overall
Open
31 Oct 2022
Close
2 Nov 2022
Allotment
7 Nov 2022
Refund
8 Nov 2022
Demat Credit
9 Nov 2022
Listing
11 Nov 2022
Last updated: 19 Oct 2026
Current Premium
Issue Price (Upper)
₹59
Band: ₹59
Estimated Listing Price
₹66
Upper price + GMP
Lot Size
2000 shares
Min investment ₹1,18,000
Estimated Profit / Lot
₹14,000
2000 × ₹7
Grey Market Premium trend
+₹7
▲ 0 today
Updated less than a minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | +₹7 | 11.9% | ₹66 |
| 30 Oct 2026 | +₹7 | 11.9% | ₹66 |
| 29 Oct 2026 | +₹6 | 10.7% | ₹65 |
GMP is unofficial market data. Not a guarantee of listing performance.
Integrated Personnel Services Limited is bringing an initial public offering (IPO) in the Services / Professional Services sector with an aggregate issue size of ₹12.74 Crores. The shares are offered at a price band of ₹59 to ₹59 per equity share on NSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2022-11-02, the basis of allotment is scheduled to be finalized on 2022-11-07. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Bigshare Services Private Limited) or the BSE allotment checking window.
The latest grey market premium for Integrated Personnel Services Limited IPO is ₹7, which indicates an expected listing price of ₹66.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.