Service Care Limited
ListedSMEBusiness Services · NSE
Incorporated in 2011, Service Care Limited provides Workspace Administration Services and Workforce Administration Services across various business domains. While the Workspace Administration Services focus on facility management solutions, the Workforce Administration Services offer end-to-end HRMS and HROS support to solve complex HR challenges. Although incorporated in 2011, the company carries over 23 years of overall industry experience and has built credibility among customers and partners across India. Service Care has a team strength of 5,800+ associates including contractual employees, and caters to diverse sectors such as engineering, education, manufacturing, infrastructure, government and banking, IT, healthcare, staffing, recruitment, food, FMCG, and more.
Price Band
₹63 – ₹67
Issue Size
₹20.68 Cr
Lot Size
2000 shares
GMP
₹9
+13.4%
Est. Listing
₹76
at current GMP
Subscribed
6.49x
overall
Open
14 Jul 2023
Close
18 Jul 2023
Allotment
22 Jul 2023
Refund
23 Jul 2023
Demat Credit
24 Jul 2023
Listing
26 Jul 2023
Last updated 12 months ago
Overall Subscription
6.49x
Total Demand
QIB Multiplier
5.10x
Institutions & Funds
NII / HNI
2.76x
High Net-Worth
Retail (RII)
10.54x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 294,000 | 1,498,000 | 5.10x |
| NIB | 1,318,000 | 3,640,000 | 2.76x |
| RETAIL | 1,318,000 | 13,886,000 | 10.54x |
| Total | 2,930,000 | 19,024,000 | 6.49x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 540 | 5,692 | 10.54x |
| HNIs (10L +) | 3 | 8 | 2.76x |
| HNIs (2-10L) | 17 | 47 | 2.76x |
| Total Applications | 560 | 5,747 | 10.26x |
Day-Wise Subscription Progress
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
About Service Care Limited Public Issue & Market Profile
Service Care Limited is bringing an initial public offering (IPO) in the Business Services sector with an aggregate issue size of ₹20.68 Crores. The shares are offered at a price band of ₹63 to ₹67 per equity share on NSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Bidding & Quota Instructions:
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 2000 shares (approx. ₹1,34,000 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.
Allotment Reconciliation Schedule:
Allotment reconciliation will be managed by Integrated Registry Management Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2023-07-24, while un-allotted funds or UPI block mandates will be released on 2023-07-23.
Frequently Asked Questions
What is Service Care Limited IPO GMP today?
The latest Grey Market Premium (GMP) for Service Care Limited IPO is ₹9 per equity share. Based on the upper price band of ₹63 to ₹67 per equity share, the estimated listing price is ₹76 (+13.4% expected listing gain).
What is the expected profit per lot for Service Care Limited IPO?
With a lot size of 2000 shares and current GMP of ₹9, the expected profit per application lot is approx ₹18,000 (+13.4% gain). Minimum application cost is approx ₹1,34,000.
What is the issue size and price band for Service Care Limited IPO?
The Service Care Limited IPO aggregate issue size is ₹20.68 Crores with an equity price band set at ₹63 to ₹67 per equity share. The retail lot size is 2000 shares requiring a minimum capital outlay of approx. ₹1,34,000.
How can I check Service Care Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 6.49x (Retail: 10.54x, QIB: 5.10x, NII: 2.76x). You can track live multiples directly on our dedicated subscription page.
Where and when will Service Care Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Integrated Registry Management Services Private Limited) and the BSE status verification website on or around 2023-07-22. Investors can verify status using PAN card or application number.
When is the listing date for Service Care Limited IPO?
Service Care Limited shares are scheduled to list on NSE on 2023-07-26.