CIEL HR Services IPO Details

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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 Private Limited, HDFC Bank Limited, Centrum Capital Limited. 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

Open Date
-
Close Date
-
Listing Date
-
Issue Price
₹0 - ₹0
Face Value
₹2 per share
Lot Size
0
GMP
₹0
Issue Type
IPO
Listing On
NSE, BSE
Type
Book Built Issue
Share holding pre issue
85005010
Share holding post issue
-
Total Issue Size
-
Fresh Issue
-
Offer for Sale
-
DRHP Status
SEBI Approval Received

CIEL HR Services IPO Lot Size

ApplicationLotsSharesAmount
To be announced

CIEL HR Services IPO Reservation

Promoter Holding

Pre Issue:87.02%
Post Issue:-
Promoter Names:
Pandiarajan Karuppasamy, Hemalatha Rajan, Aditya Narayan Mishra, Santhosh Kumar Nair, Doraiswamy Rajiv Krishnan

Documents

CIEL HR Services IPO Valuations

ROE:12.90%
ROCE:13.18%
DEBT/EQUITY:0.79
RONW:12.93%
PAT MARGIN:1.00%

CIEL HR Services Financial Information

Period Ended30 Jun 202431 Mar 202431 Mar 202331 Mar 2022
Assets298.91283.38179.68109.12
Total Income325.971,088.2800.72528.53
Profit After Tax3.1710.85-3.156.88
Net Worth61.3458.6849.5229.02
Total Borrowing80.2277.230.863.52
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

To be announced

Risk Of CIEL HR Services IPO

To be announced

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

Name: Kfin Technologies Limited
Phone: +91-40-67162222

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