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ITCONSSME / BSEListed
ITCONS E-Solutions

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.

DRHP
₹51 - ₹5116.79x sub
Listed Price₹46.99
Listing Gain-7.86%

IPO Schedule & Timeline

Fixed Price IPO
Open28 Feb 2023
Close02 Mar 2023
Allotment07 Mar 2023
Listing13 Mar 2023

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Market Maker86,000 shares
5.06%
Nii (hni)8,06,000 shares
47.41%
Retail8,08,000 shares
47.53%

Minimum Application Lots

Retail1 Lot (2,000 shares)
₹1,02,000
HNI2 Lots (4,000 shares)
₹2,04,000

Company Promoters

Mr. Gaurav MittalMrs. Swati Jain

Company Background

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, incl...

Lead Managers & Bankers

Finshore Management Services Limited

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Mar 2020)₹834.95 Cr
Growth-48.0%
Revenue Trend (₹ in Crores)
0.0697.81.4k2.1kSep 2022Mar 2022Mar 2021Mar 2020
PeriodRev (Cr)PAT (Cr)AssetsDebt
Mar 2020834.9510.57351.17145.06
Mar 2021842.487.53341.21136.33
Mar 20221,820.36119.11470.71106.23
Sep 20221,605.05106.12792.37176.70

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Cameo Corporate Services Limited

Allotment Finalized
Allotment Date
07 Mar 2023
Official Status
Out / Finalized
Registrar
Cameo Corporate Services Limited
Listing Date
13 Mar 2023

Official Allotment Verification Links

Official Registrar Portal
Cameo Corporate Services Limited

Direct allotment verification on the official registrar portal appointed for ITCONS E-Solutions. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization07 Mar 2023Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date13 Mar 2023Trading commences on exchange

How to Check ITCONS E-Solutions Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select ITCONS E-Solutions from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Official FilingDRHP

Allotment FAQs & Help

About ITCONS E-Solutions IPO

Complete issue overview for ITCONS E-Solutions (ITCONS) IPO. The issue features an equity share price band of ₹51 per share with a minimum retail lot size of 2000 Shares (minimum application amount of ₹1,02,000). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions