ITCONS E-Solutions Limited
ListedSMEBusiness Services · BSE
Incorporated in 2007, ITCONS E-Solutions Limited is a New Delhi-based company specializing in providing human resource services to both public and private sector organizations. The company’s key service areas include manpower supply, recruitment, and staffing solutions across industries such as IT, FMCG, and food. With a workforce of over 800 employees, including contractual staff, ITCONS offers a comprehensive suite of HR services, including IT and general staffing, re-badging, recruitment process outsourcing, payroll management, managed IT services, and permanent hiring. Over the years, the company has demonstrated strong financial growth, with revenues increasing from ₹834.95 lakhs in 2020 to ₹1,820.36 lakhs in 2022, and ₹1,605.05 lakhs recorded for the half-year ending September 2022.
Price Band
₹51
Issue Size
₹8.67 Cr
Lot Size
2000 shares
GMP
₹4
+7.8%
Est. Listing
₹55
at current GMP
Subscribed
16.79x
overall
Open
28 Feb 2023
Close
2 Mar 2023
Allotment
7 Mar 2023
Refund
8 Mar 2023
Demat Credit
9 Mar 2023
Listing
13 Mar 2023
Last updated 12 days ago
Official Registrar Verification
ITCONS E-Solutions Limited Allotment Status
Designated Registrar: Cameo Corporate Services Limited
Allotment Date
7 Mar 2023
Basis finalization
Refunds Initiate
8 Mar 2023
Mandate release
Demat Credit
9 Mar 2023
Shares in demat
Listing Debut
13 Mar 2023
Trading begins
How to Check ITCONS E-Solutions Limited IPO Allotment Status
- Click the Check on Registrar button above to visit Cameo Corporate Services Limited's allotment portal.
- Select ITCONS E-Solutions Limited from the dropdown company list.
- Choose your lookup mode: PAN Number, Application Number, or DP Client ID.
- Enter your details accurately and solve the Captcha code.
- Click Submit / Search to view the number of shares applied and allotted to you.
About ITCONS E-Solutions Limited Public Issue & Market Profile
ITCONS E-Solutions Limited is bringing an initial public offering (IPO) in the Business Services sector with an aggregate issue size of ₹8.67 Crores. The shares are offered at a price band of ₹51 to ₹51 per equity share on BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Public Issue & Allotment Procedure:
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 2000 shares (approx. ₹1,02,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Official Allotment Timelines & Registrar Guidance:
Allotment reconciliation will be managed by Cameo Corporate Services Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2023-03-09, while un-allotted funds or UPI block mandates will be released on 2023-03-08.
Frequently Asked Questions
What if my name is not showing on the registrar portal?
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
How will I receive the refund if I don't get allotment?
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.