CIEL HR Services IPO Details
MAINBOARD
CIEL HR Services IPO DRHP (Draft Red Herring Prospectus) has been SEBI Approval Received.
The Lead Managers for CIEL HR Services IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Ambit Pvt Ltd, HDFC Bank Ltd, Centrum Capital Ltd. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.
For detailed information, Refer to the CIEL HR Services Limited DRHP.
CIEL HR Services IPO Details
CIEL HR Services IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
To be announced | |||
CIEL HR Services IPO Reservation
Promoter Holding
Documents
CIEL HR Services IPO Valuations
CIEL HR Services Financial Information
| Period Ended | 30 Jun 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 298.91 | 283.38 | 179.68 | 109.12 |
| Total Income | 325.97 | 1,088.2 | 800.72 | 528.53 |
| Profit After Tax | 3.17 | 10.85 | -3.15 | 6.88 |
| Net Worth | 61.34 | 58.68 | 49.52 | 29.02 |
| Total Borrowing | 80.22 | 77.2 | 30.86 | 3.52 |
| Amount in ₹ Crore | ||||
About CIEL HR Services IPO
CIEL HR Services Limited offer multiple human resource services and technology platforms catering to the needs of a wide range of sectors. The company's human resource services offer targeted support in recruitment, staffing, payroll processing, strategic HR advisory, and skill development, thereby enabling organizations to attract, retain, and develop top talent effectively.
The company's HR Tech platforms are: Talent Assessment and Development, Talent Engagement, Employee learning experience, Human resource management system, Fresher upskilling and Statutory compliance management.
The company's HR Services included: Professional staffing, Value staffing, Search, selection and recruitment process outsourcing, HR managed services, HR advisory and Skilling.
CIEL HR Services Limited served 4,019 customers. Some of the key customers include Scootsy Logistics Private Limited (a wholly owned subsidiary of Swiggy Limited), Puma Sports India Private Limited, Niva Bupa Health Insurance Company Limited, Axis Bank Limited, Brigade Enterprises Limited, Blue Star Limited and Aditya Birla Group, and more.
As on June 30, 2024, the company have (i) 49 business partners across 33 locations; and (ii) 67 offices across India out of which 49 have been opened and are run by business partners, with a notable presence in tier two and three cities maintaining a significant footprint in the HR solutions sector in India.
Strength Of CIEL HR Services IPO
Risk Of CIEL HR Services IPO
Objectives CIEL HR Services IPO
1. Acquisition of additional shareholding in the following Subsidiaries:
(i) Firstventure Corporation Private Limited;
(ii) Integrum Technologies Private Limited;
(iii) Next Leap Career Solutions Private Limited; and
(iv) People Metrics Private Limited and Thomas Assessments Private Limited
2. Investment in the following Subsidiaries:
(i) CIEL Skills and Careers Private Limited, towards the upgradation of its HR Tech Platform, ProSculpt;
(ii) Firstventure Corporation Private Limited, towards the upgradation of its learning experience platform, Courseplay;
(iii) Integrum Technologies Private Limited, towards the upgradation of its HR Tech Platform, HfactoR;
(iv) Ma Foi Strategic Consultants Private Limited, towards the upgradation of its HR Tech Platform, EzyComp; and
(v) Next Leap Career Solutions Private Limited, towards the upgradation of its HR Tech Platform, Jombay
3. Funding incremental working capital requirements of the Company.
4. Unidentified inorganic acquisitions and general corporate purposes.
Company Contact Details
CIEL HR Services Ltd.
Plot No. 3726, Door No. 41,
‘Ma Foi House’ 6th Avenue,
Q Block, Anna Nagar,
Chennai, Tamil Nadu, 600040
Phone: + 91 080485371
Email: companysecretary@cielhr.com
Website: https://www.cielhr.com/
Registrar Contact Details
CIEL HR Services IPO - FAQs
The CIEL HR Services IPO is a MAINBOARD public issue comprising 0 equity shares with a face value of ₹2 each, aggregating to a total issue size of . The issue price has been fixed at ₹0 per equity share, and the minimum application size is 0 shares.
The IPO opens for subscription on TBA, and closes on TBA.
Kfin Technologies Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).
As of now, the current GMP stands at TBA.