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Service Care IPO is a book build IPO listing on NSE EMERGE exchange. The company is based in Bangalore and caters to Corporate Solutions sector. Swastika Investmart is the merchant banker of Service Care IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 18th May 2023.
Service Care IPO open date is 14th July 2023 and close date is 18th July 2023. IPO Allotment Date is 21st July 2023 and Listing date is 26th July 2023.Service Care IPO size is Rs 20.68 Cr. crores with IPO price of Rs 67.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Swastika Investmart Limited is the book-running lead manager of the Service Care IPO. Integrated Registry Management Services Private Limited is the Registrar and Market Maker is Rikhav Securities Limited for Service Care IPO.
Service Care IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Service Care IPO, based in Bangalore, operates in the Corporate Solutions sector with a focus on Providing services as Workspace Administration Services. The company is launching its SME IPO on the NSE EMERGE exchange, using the Book Building Issue method. Service Care IPO size is ₹ 20.68 Cr. Crores with fresh issue size of Rs 20.68 Cr. Crores and Offer for sale being Nil.
The IPO allotment date for Service Care IPO is expected to be 21st July 2023, after the finalization of basis of allotment. Investors can check Service Care IPO allotment status on the registrars website, Integrated Registry Management Services Private Limited. Service Care IPO refund dates are 24th July 2023.
Service Care IPO is expected to be listed on 26th July 2023.
The upper price band for the Service Care IPO is set at ₹ 67.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Service Care IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Service Care IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 18th July 2023. After submission, funds are blocked until the basis of allotment of Service Care IPO is finalised.
The merchant banker for Service Care IPO is Swastika Investmart Limited . Swastika Investmart Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Service Care IPO RHP for further details.
The registrar for Service Care IPO is Integrated Registry Management Services Private Limited. Investors can go to Integrated Registry Management Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Service Care IPO through their official website or helpline.
Service Care IPO was subscribed 6.44 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 20.68 Cr.
Avg IPO Size (Sector Based)
:
₹ 16.48 Cr.
Sector: Corporate Solutions
SME IPO so far:
27
Merchant Banker:
Swastika Investmart
SME IPO by BRLM so far:
47
City:
Bangalore
SME IPO so far:
27
Revenue (annualised):
₹ 158.50 cr.
PE
Ratio:
21.20x
Average Sector PE Ratio: 18.22x
Service Care IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Service Care Financial Review Page
Merchant Banker(s) of Service Care IPO: Swastika Investmart Limited
Service Care IPO subscription was 6.44 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Service Care IPO listed at a listing price of 67.55 against the offer price of 67.00.
The current market price of Service Care is 62.95.
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