ITCONS E-Solutions IPO GMP, Dates, Price, & Allotment Details 2023

ITCONS E-Solutions IPO

ITCONS E-Solutions IPO will be Open on 28 February 2023 and closes on 02 March 2023. The company has fixed the price of this IPO at ₹51 according to the face value of ₹10. The company will raise ₹8.67 Crores through this IPO under the 17,00,000 Equity Shares public issue, and the offer is 100% Fixed Price Issue. The company reserve quota in this IPO 50% for NII and 50% Retail Investor. You can check ITCONS E-Solutions IPO GMP here.

ITCONS E-Solutions Limited is in the business of providing human resource services to both public and
Since 2007, private organizations, mostly in the organised sector, have had diverse roles and responsibilities.
The headquarters are in New Delhi, and the corporate office is in Noida. The company’s primary services include: (1) Manpower Supply and Recruitment, services; and (2) manpower sourcing and staffing services.

The company has grown to an 800+ staff team (including contractual employees). The company is well-known and reputed. clients from the information technology, staffing & recruitment, food, and FMCG spaces, amongst others, which include MNCs, as our clients.

The company manpower supply services account for the majority of our revenues, and manpower sourcing Services contribute to the rest of our revenues. You can check ITCONS E-Solutions IPO subscription status here.

Objects Of The Issue :

  • To meet the working capital requirements
  • To meet the Issue Expenses
  • General Corporate Purposes

Company Strengths :

  • Strong Management Team and Human Capital
  • Diverse range of service offerings
  • Cost competitive solutions
  • Strong customer relations with top clients
Read also: Upcoming IPO List 2023

ITCONS E-Solutions IPO Review :

DetailsValuation
PAT 2022 :
Issue Price :
EPS 2022 :
PE Ratio :
RoNW :
NAV Value :
Total Assets :
Market Cap :
Pre Holding :
Post Holding :
₹2.23 Cr (March 2022)
₹51/ EQ (Cut Off)
₹4.16 (March 2022)
12.25x (PE Approx)
53.31% (March 2022)
₹7.80 (March 2022)
₹7.92 Cr (Dec 2022)
₹25.65 Cr 
89.67%
59.36%
Team Review : Apply For Long Term

ITCONS E-Solutions IPO GMP Live:

ITCONS E-Solutions IPO GMP Or Grey Market Premium available here. The SME IPO GMP Premium updated Day By Day IPOs Running Period and the GMP Rates are Fluctuate and stable some times later. (GMP rates are Not 100% Guaranteed)

DateGMPSubject Rate
02 Mar 2023Check Live GMP₹0
01 Mar 2023₹4-₹5₹0

ITCONS E-Solutions IPO Date & Price Band & Details :

Issue Offer :Fixed Price Issue
IPO Open :28 February 2023
IPO Close :02 March 2023
IPO Size :₹8.67 Cr {17,00,000 Shares}
Face Value :₹10 Equity Share
Price Band :₹51 Per Share
Listing On :BSE, SME
Issue Size :₹8.67 Cr {17,00,000 Shares}
Fresh Issue :₹8.67 Cr {17,00,000 Shares}
Offer For Sale :₹0. Cr
ITCONS E-Solutions IPO

ITCONS E-Solutions IPO Market Lot :

ITCONS E-Solutions IPO Minimum Market lot is 1 Lot with 2000 shares with ₹102,000 Application amount. The retail investors can apply up to 1 lots with 2000 Shares or ₹102,000 amounts.

CategoryLotShareAmount
Retail (Min) :12000₹102,000
Retail (Max) :12000₹102,000
S-HNI (Min) :24000₹204,000

ITCONS E-Solutions IPO Shares Offer :

A Total of 17,00,000 shares are to be bid for the public issue by ITCONS E-Solutions IPO with 17,00,000 for Fresh issue and – for offer for sale.

CategoryShares OfferAmount
Fresh issue :17,00,000₹8.67 Cr
Offer For Sale : ₹-
Total : 17,00,000₹8.67 Cr
ITCONS E-Solutions IPO

ITCONS E-Solutions IPO Net Reservation :

ITCONS E-Solutions  IPO Net Reservation of 16,14,000 shares are to be bid for the public issue by ITCONS E-Solutions IPO with – for QIB and 8,07,000 for NII 8,07,000 For RII & – Shares EMP.

CategoryReservationSharesAmount
QIB :%₹-
NII :50%8,07,000₹4.11 Cr
RII :50%8,07,000₹4.11 Cr
MMRP :– %
Total :100%16,14,000₹8.22 Cr

ITCONS E-Solutions IPO Dates :

ITCONS E-Solutions IPO Date is 28 February 2023 and closes on 02 March 2023. The allotment will be finalized on 08 March 2023 and the IPO may list on 13 March 2023.

Issue Open Date :28 February 2023
Issue Close Date :02 March 2023
Allotment Date :08 March 2023
Refund Date :09 March 2023
Share Credit Date :10 March 2023
Listing Date :13 March 2023

ITCONS E-Solutions IPO Form :

There are two ways to apply in ITCONS E-Solutions IPO. You can apply for ITCONS E-Solutions IPO through ASBA available in your bank account. You have to go to your online bank login and select ITCONS E-Solutions IPO in the Invest section and apply through your bank account. Another option is you can apply ITCONS E-Solutions IPO through IPO form download through NSE and BSE. See the ITCONS E-Solutions IPO Form – Download the NSE Form and BSE Form IPO Form, fill it, and submit it to your bank or your broker.

ITCONS E-Solutions Company Financial Report (lakh) :

YearRevenueExpensePAT
2022 Sep₹1,605.05₹1,443.43₹106.12
2022₹1,820.36₹1,640.47₹119.11
2021₹842.48₹819.27₹7.53
2020₹834.95₹796.33₹10.57
ITCONS E-Solutions IPO

Company Promoters :

■ Gaurav Mittal

Quick Link :

■ DRHP Draft Prospectus
■ RHP Draft Prospectus

ITCONS E-Solutions IPO Lead Managers :

■ Finshore Management Services Limited

ITCONS E-Solutions IPO Registrar :

Cameo Corporate Services Limited
“Subramanian Building”, #1, Club House Road,
Chennai – 600 002, India
Telephone: +91-44-40020700, 28460390
Email: [email protected]
Investor Grievance Email: [email protected]
Website: www.cameoindia.com

Note: Check ITCONS E-Solutions IPO allotment status Visit IPOBAZAR Allotment Page And Search Your Registrar IPO Allotment Link. Click Here

Company Address :

ITCONS E-Solutions Limited
Regus Elegance 2F,
Elegance Jasola District Centre,
Old Mathura Road, New Delhi,
South Delhi – 110025, India
Email ID: [email protected]
Website: www.itconsinc.com

ITCONS E-Solutions IPO FAQs :

What is ITCONS E-Solutions IPO?

ITCONS E-Solutions IPO is SME IPO. They are going to raise ₹8.67. Crores via IPO. The issue is priced at ₹51 per equity share. The IPO to be listed on BSE, SME.

When ITCONS E-Solutions IPO will open?
The IPO is to open on 28 Feb – 02 Mar for QIB, NII & RII.

How much is ITCONS E-Solutions IPO Size?
ITCONS E-Solutions IPO size is ₹8.67 Crores.

How much is the Fresh issue size of ITCONS E-Solutions IPO?
The Fresh issue size of ITCONS E-Solutions IPO ₹8.67 Cr.

How much is the Offer For Sale size of ITCONS E-Solutions IPO?
The Offer For Sale size of ITCONS E-Solutions IPO ₹0 Cr.

What  is ITCONS E-Solutions IPO Price Band?
ITCONS E-Solutions IPO Price Band is ₹51 Per share.

What is the ITCONS E-Solutions IPO Minimum and Maximum Lot Size?
The minimum bid is 2000 Shares with ₹102,000 amount while the maximum bid is 2000 shares with ₹102,000.

How much is ITCONS E-Solutions IPO Investors Portion?
The investors’ portion for QIB 0%, NII 50%, RII 50%.

When is ITCONS E-Solutions IPO Allotment Date?

ITCONS E-Solutions IPO allotment date is 08 March 2023.

When is ITCONS E-Solutions IPO Listing Date?
ITCONS E-Solutions IPO listing date is 13 March 2023. The IPO to list on BSE, SME.

How to Apply the ITCONS E-Solutions IPO through Zerodha?
“You Can Apply SME IPO in Zerodha”.Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “ITCONS E-Solutions IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.

How to Apply the ITCONS E-Solutions IPO through Upstox?
“BSE SME IPO is Not Apply in Upstox”.Log in to Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “ITCONS E-Solutions IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.

How to Apply the ITCONS E-Solutions IPO through Groww?
“BSE SME IPO is Not Apply in Groww”.Log in to Groww Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name “ITCONS E-Solutions IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.

How to Apply the ITCONS E-Solutions IPO through Paytm Money?
“BSE SME IPO is Not Apply in Paytm Money.Log in to the Paytm Money Website or app. Now you can see Invest is IPOs Section and Click on IPO. You will see the IPO Name “ITCONS E-Solutions IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.

ITCONS E-Solutions GMP: Click Here

ITCONS E-Solutions Subscription: Click Here

ITCONS E-Solutions Allotment: Click Here

ITCONS E-Solutions Listing: Click Here

All ITCONS E-Solutions IPO-related links are available here. If you want to know the details then click on Click Here Link.

Disclaimer: STOCK MARKET INVESTMENTS ARE SUBJECT TO MARKET RISKS, READ ALL SCHEME RELATED DOCUMENTS CAREFULLY BEFORE INVESTING.

ITCONS E-Solutions IPO GMP, Dates, Price, & Allotment Details 2023

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