Incorporated in 2011, “Service Care Limited” is engaged in offering services such as Workspace Administration Services and Workforce Administration Services across all business domains.
The Workspace Administration Services delivers professional services towards facility management, whereas under the workforce management services segment, they offer end-to-end HRMS & HROS services, designed to solve complex HR challenges.
Service Care Limited has an overall experience and Market presence of over 23 years. The company has established its creditability with its customers and partners across the country.
They presently have a team of 5,800+ associates (including contractual employees). Service Care currently serve clients from various segments like Engineering, Education, Manufacturing, Infrastructure, Government & Banking, Information Technology, healthcare, Staffing & Recruitment, Food, FMCG verticals, and so on.
Service Care Limited Stock Quote & Charts
₹67.55
0.55 (0.82%)
- Open: ₹70.90
- High – Low: ₹70.90 – ₹67.35
- Previous Close: ₹67.00
- Total Traded Value: 13,86,000
- Updated On: Jul 26, 2023 4:00 PM
Service Care IPO Details
| IPO Date | Jul 14, 2023 to Jul 18, 2023 |
| Listing Date | Jul 26, 2023 |
| Face Value | ₹10 per share |
| Price | ₹63 to ₹67 per share |
| Lot Size | 2000 Shares |
| Total Issue Size | 3,086,000 shares (aggregating up to ₹20.68 Cr) |
| Fresh Issue | 3,086,000 shares (aggregating up to ₹20.68 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 8,412,500 |
| Share holding post issue | 11,498,500 |
| Market Maker portion | 156,000 shares Rikhav Securities |
Service Care IPO Reservation
| Anchor Investor Shares Offered | – |
| Market Maker Shares Offered | 156,000 (5.06%) |
| QIB Shares Offered | 294,000 (9.53%) |
| NII (HNI) Shares Offered | 1,318,000 (42.71%) |
| Retail Shares Offered | 1,318,000 (42.71%) |
| Total Shares Offered | 3,086,000 (100%) |
Service Care IPO Timetable (Tentative)
Service Care IPO opens on Jul 14, 2023, and closes on Jul 18, 2023.
| IPO Open Date | Friday, 14 July 2023 |
| IPO Close Date | Tuesday, 18 July 2023 |
| Basis of Allotment | Friday, 21 July 2023 |
| Initiation of Refunds | Monday, 24 July 2023 |
| Credit of Shares to Demat | Tuesday, 25 July 2023 |
| Listing Date | Wednesday, 26 July 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on Jul 18, 2023 |
Service Care IPO Lot Size
The Service Care IPO lot size is 2000 shares.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2000 | ₹134,000 |
| Retail (Max) | 1 | 2000 | ₹134,000 |
| HNI (Min) | 2 | 4,000 | ₹268,000 |
| Lot Size Calculator |
Service Care IPO Promoter Holding
Mrs. Shany Jalal, Mr. Anil Kumar M, and Mr. Amit Kumar Rakhecha are the Promoters of the Company.
| Pre Issue Share Holding | 100% |
| Post Issue Share Holding |
Company Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31-Mar-20 | 1,920.92 | 10,812.34 | 136.28 | 434.38 | 433.38 | 306.01 |
| 31-Mar-21 | 2,019.92 | 8,933.38 | 23.46 | 457.84 | 456.84 | 314.56 |
| 31-Mar-22 | 2,430.89 | 11,501.64 | 174.48 | 632.32 | 631.32 | 341.47 |
| 31-Jan-23 | 3,181.30 | 13,217.29 | 302.34 | 1,134.66 | 1,133.41 | |
| Amount in ₹ Lakhs |
Key Performance Indicator
| KPI | Values |
|---|---|
| P/E (x) | 21.2 |
| Market Cap (₹ Cr.) | 77.04 |
| ROE | 0.34 |
| ROCE | 0.37 |
| EPS (Rs) | 1744.81 |
| RoNW | 26.65 |
Check Service Care IPO Peer Comparison here.
Objects of the Issue
The Issue Proceeds from the Fresh Issue will be utilized towards the following objects:
- To Meet Incremental Working Capital Requirements
- General Corporate Purpose
- To meet Public Issue Expenses
Service Care IPO Review (Avoid)
[Dilip Davda] The company operates in a highly competitive and fragmented segment with many players around. The sudden boost in its bottom line for 10M-FY23 raised eyebrows and concern over sustainability going forward. Based on such super earnings, the issue appears fully priced. Since transparency is missing in financial data, there is no harm in skipping this aggressively priced issue. Read detail review…
Service Care IPO Subscription Status (Bidding Detail)
The Service Care IPO is subscribed 6.44 times on Jul 18, 2023 7:29:00 PM. The public issue subscribed 10.54 times in the retail category, 5.10 times in the QIB category, and 2.64 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|---|
| QIB | 5.10 |
| NII | 2.64 |
| Retail | 10.54 |
| Total | 6.44 |
Total Application : 6,943 (10.54 times)
Service Care IPO Prospectus
Service Care IPO Listing Details
| Listing Date | Jul 26, 2023 |
| BSE Script Code | |
| NSE Symbol | SERVICE |
| ISIN | INE0P1Q01015 |
| Final Issue Price | ₹67 per share |
Listing Day Trading Information
| Price Details |
|---|
| Final Issue Price |
| Open |
| Low |
| High |
| Last Trade |
| NSE SME |
|---|
| ₹67.00 |
| ₹70.90 |
| ₹67.35 |
| ₹70.90 |
| ₹67.55 |
Company Contact Information
Service Care Limited
No. 653, 1st Floor,
2nd Main Road Domlur Layout,
Bangalore – 560071
Phone: +91-80-25354728 / 2535472
Email: compliance@servicecare.in
Website: http://www.servicecare.in/
Service Care IPO Registrar
Integrated Registry Management Services Private Limited
Phone: + 91 44 2814 0801 to 803
Email: giri@integratedindia.in
Website: https://www.integratedindia.in/corporate-container.aspx?cpi