
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
Overall Subscription
19.58x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
0.00x
High Net-Worth
Retail (RII)
0.00x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| Qualified Institutional (QIB) | 1,079,661 | — | 0.00x |
| Non-Institutional (NII / HNI) | 323,898 | — | 0.00x |
| Retail Individual (RII) | 755,763 | — | 0.00x |
| Total | 2,159,322 | 0 | 19.58x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 378 | 7,401 | 19.58x |
| HNIs (10L +) | 2 | 39 | 19.50x |
| HNIs (2-10L) | 12 | 235 | 19.58x |
| Total Applications | 392 | 7,675 | 19.58x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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 (GMP) for Integrated Personnel Services Limited IPO is ₹7 per equity share. Based on the upper price band of ₹59 to ₹59 per equity share, the estimated listing price is ₹66 (+11.9% expected listing gain).
With a lot size of 2000 shares and current GMP of ₹7, the expected profit per application lot is approx ₹14,000 (+11.9% gain). Minimum application cost is approx ₹1,18,000.
The Integrated Personnel Services Limited IPO aggregate issue size is ₹12.74 Crores with an equity price band set at ₹59 to ₹59 per equity share. The retail lot size is 2000 shares requiring a minimum capital outlay of approx. ₹1,18,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 19.58x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2022-11-07. Investors can verify status using PAN card or application number.
Integrated Personnel Services Limited shares are scheduled to list on NSE on 2022-11-11.