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Core Integra Consulting Services IPO

Core Integra Consulting Services IPO is an SME issue scheduled to open for subscription on — and closed on —.

Price Band
TBA
GMP
Subscription
Listing

Overview

Core Integra Consulting Services IPO is an SME issue scheduled to open for subscription on — and closed on —.

IPO Details

Core Integra Consulting Services IPO is a Small and Medium Enterprise (SME) initial public offering scheduled to open for subscription on NSE SME. The issue has a price band of TBA per equity share with a lot size of TBA shares, translating to a minimum retail investment of TBA.

The issue size is yet to be confirmed, and subscription dates are yet to be announced. Allotment is expected on and the equity shares are scheduled to list on .

Type
SME
Status
upcoming
Price band
TBA
Face value
₹10 (typical)
Lot size
Min investment (Retail)
TBA
Issue size
Fresh issue
OFS
₹0 Cr
Exchange
NSE SME
ISIN
TBA
Sector
Services

Market Lot

Market lot details will be available once the price band and lot size are finalised in the Red Herring Prospectus.

IPO Reservation

Per SEBI guidelines, Core Integra Consulting Services IPO reserves shares across investor categories as follows. Final allotment percentages may vary slightly based on the final issue document.

Category% ReservedNotes
QIBUp to 50%Mutual funds, FIIs, banks
NII / HNIUp to 15%Bids ≥ ₹2 lakh
RetailAt least 35%Bids up to ₹2 lakh

Important Dates

  1. Issue Open
    · Subscription opens
  2. Issue Close
    · Subscription closes
  3. Allotment
    · Basis of allotment finalised
  4. Refunds Initiated
    · Funds released for non-allottees
  5. Listing Date
    · Shares debut on the exchange

Grey Market Premium

Grey Market Premium for Core Integra Consulting Services is yet to be tracked. We update GMP from multiple grey market sources during the subscription window. Bookmark this page and check IPO GMP Today for live updates.

Subscription Status

Core Integra Consulting Services IPO subscription tracking will go live once the subscription window opens. Category-wise data (Retail / NII / QIB / Employee) will be available on IPO Subscription Status.

Allotment Status

Core Integra Consulting Services IPO allotment will be finalised by the registrar (Purva Sharegistry India) on . Check your allotment status using your PAN, application number, or DP ID via our allotment status checker or directly on the registrar's website.

If allotment fails, the blocked funds via ASBA / UPI mandate are released back within 24-48 hours. Applying through multiple demat accounts in family members' names improves chances on oversubscribed IPOs.

About Core Integra Consulting Services

Core Integra Consulting Services Limited is an integrated human-resource solutions provider with a comprehensive services portfolio spanning staffing, payroll outsourcing, labour-law compliance, HR advisory, vendor management, and proprietary HR-Tech + Reg-Tech platforms. The 'all-under-one-umbrella' positioning is structurally differentiated from pure-staffing peers and pure-payroll-outsourcing peers. Indian HR-services and compliance has been a structurally growing B2B-services category through 2020-26. Demand drivers include rising labour-law complexity (state-level minimum-wage updates, PF + ESIC + Income-Tax compliance, multi-state operations creating reporting burden for mid-sized employers), the formalisation of MSME workforces driving payroll-outsourcing adoption, and the rising compliance-cost of multi-state operations driving RegTech platform demand. Listed mainboard adjacencies TeamLease Services, Quess Corp and SBI Cards-and-Payment-Services adjacency (large-scale staffing) all benefit from these tailwinds. FY25 financials show a mixed pattern: revenue ₹404.39 crore (+9.8% YoY from ₹368.44 crore) but PAT ₹3.53 crore DOWN from ₹4.83 crore (-27% YoY). The combination of revenue growth + PAT decline implies meaningful margin compression — possibly from investment in HR-Tech / Reg-Tech platforms, staff-expansion ahead of revenue scaling, or compliance-cost increases. RHP-level disclosure on segment-revenue split + cost-component breakup is critical to evaluate sustainability.

Promoter & Holding Pattern

The promoter and promoter group hold the majority stake in Core Integra Consulting Services prior to the IPO. Post-listing, this percentage will reduce as new equity shares are issued to the public. Detailed pre-IPO and post-IPO promoter holding data will be updated once the Red Herring Prospectus is finalised with SEBI.

Objects of the Issue

The Core Integra Consulting Services IPO proceeds will be utilised across multiple strategic objectives. Typical objects include capital expenditure for expansion, repayment of debt, general corporate purposes, working capital, and OFS by selling shareholders. Detailed breakdown with amounts will be updated here from the Red Herring Prospectus.

Financial Performance

Three-year financial performance for Core Integra Consulting Services (amounts in ₹ Cr):

PeriodRevenueExpensePATTotal AssetsNet Worth
FY25404.393.53
FY24368.444.83

Valuation Snapshot

RoE
RoCE
EBITDA Margin
PAT Margin
0.87%
Debt/Equity
EPS
P/E Ratio
RoNW
NAV

Peer Comparison

Listed peers in the Services sector with key valuation metrics:

CompanyEPS (₹)P/E RatioRoNW (%)NAV (₹)Income (₹ Cr)
TeamLease Services
Quess Corp
Hi-Tech Pipes (CR Hi-Tech Hubs)

Anchor Investors

Anchor investor bidding for Core Integra Consulting Services typically opens one working day before the issue opens to the public. Anchor investors — mutual funds, FIIs, sovereign wealth funds, and insurance companies — collectively subscribe to a portion of the QIB segment. Their participation signals institutional confidence. Anchor list and total amount will be updated once SEBI publishes the anchor filing.

Lead Managers (Merchant Bankers)

  • Marwadi Chandarana Intermediaries Brokers

IPO Registrar

The registrar processes all bid applications, finalises the basis of allotment, manages refunds, and credits allotted shares to successful applicants' demat accounts.

Editorial Review

Core Integra Consulting Services filed DRHP with NSE Emerge on 5 September 2025 for a 35-lakh-equity-share 100% fresh-issue IPO. As of publication, exact issue size in rupees, price band, dates, and detailed RHP financial disclosure were not consistently surfaced at depth. The business positioning is integrated HR-services + RegTech platform — staffing + payroll outsourcing + labour-law compliance + HR advisory + vendor management + proprietary HR-Tech / Reg-Tech platforms. The under-one-umbrella positioning differentiates from pure-staffing peers (TeamLease, Quess Corp) and pure-payroll-outsourcing peers. Listed mainboard adjacencies TeamLease and Quess operate at vastly larger scale but with narrower service-line focus. The FY25 financial pattern requires careful evaluation. Revenue ₹404.39 crore (+9.8% YoY) but PAT ₹3.53 crore DOWN 27% from ₹4.83 crore. PAT margin compression from 1.3% to 0.87% — already thin and getting thinner. Drivers could be investment in HR-Tech / Reg-Tech platform development (which would be capitalised differently), staff-expansion ahead of revenue, or compliance-cost inflation. Without RHP-level segment disclosure, the framing is ambiguous. What's working: integrated services positioning is structurally differentiated; HR-Tech + Reg-Tech platforms create scalable adjacent revenue; revenue growth (+9.8%) signals operational momentum; multi-state operations capability serves growing demand from mid-sized employers. What's concerning: PAT margin compression (1.31% → 0.87%) is structurally concerning at SME scale; PAT decline -27% YoY signals either investment-cycle or operational-pressure; NSE Emerge structural liquidity constraints; substantial public-data gap on exact issue parameters and RHP-level financial disclosure; competitive pressure from mainboard adjacencies (TeamLease, Quess) at vastly larger scale. Neutral pre-RHP. Wait for RHP and segment-revenue disclosure to understand whether the PAT compression is investment-cycle (acceptable) or operational-pressure (concerning). Sizing modest given NSE Emerge structural constraints and the unresolved margin-trajectory question.

How to Apply for Core Integra Consulting Services IPO

  1. Open broker app — Zerodha, Upstox, Angel One, Groww, 5paisa, ICICI Direct, or any other SEBI-registered broker. Navigate to the IPO section.
  2. Select Core Integra Consulting Services IPO during the bidding window ().
  3. Enter bid details — minimum TBA shares per lot. Retail investors are recommended to bid at cut-off price (upper band).
  4. Submit UPI ID linked to a SEBI-approved bank.
  5. Approve UPI mandate from your UPI app within the deadline. Bid amount is blocked, not debited.
  6. Await allotment on .
  7. Listing day — shares list on NSE SME on .

Risk Factors

1. PAT margin compression FY24→FY25 (1.31% → 0.87%) signals either investment cycle or operational pressure — driver not yet RHP-disclosed. 2. NSE Emerge structural liquidity constraints. 3. Competitive pressure from mainboard adjacencies — TeamLease, Quess Corp operate at vastly larger scale with broader customer relationships. 4. Already-thin PAT margins (<1%) leave little buffer for further compression. 5. HR-Tech / Reg-Tech platform monetisation timeline is RHP-disclosure-dependent.

Core Integra Consulting Services IPO — FAQs

What is Core Integra Consulting Services IPO?
Core Integra Consulting Services IPO is a Small and Medium Enterprise (SME) initial public offering listing on NSE SME. The issue opens on — and closes on — with a price band of TBA per share.
What is the Core Integra Consulting Services IPO price band?
The price band for Core Integra Consulting Services IPO is TBA per equity share of face value ₹10 (typical). Retail investors are recommended to bid at the upper band (cut-off price).
What is the Core Integra Consulting Services IPO lot size?
The minimum lot size for Core Integra Consulting Services IPO is TBA shares per application. Minimum retail investment at the upper price band works out to approximately TBA.
When is the Core Integra Consulting Services IPO opening date?
Core Integra Consulting Services IPO opens for subscription on — and closes on —.
When is the Core Integra Consulting Services IPO allotment date?
Basis of allotment is expected on —. Check your status on Purva Sharegistry India's website using your PAN.
When is the Core Integra Consulting Services IPO listing date?
Core Integra Consulting Services shares are expected to list on NSE SME on —.
What is the GMP of Core Integra Consulting Services IPO?
GMP for Core Integra Consulting Services is not currently tracked.
Who is the registrar of Core Integra Consulting Services IPO?
Purva Sharegistry India is handling allotment, refunds, and dematerialisation for Core Integra Consulting Services IPO.
How can I apply for Core Integra Consulting Services IPO?
Apply via any SEBI-registered broker (Zerodha, Upstox, Angel One, Groww, 5paisa, ICICI Direct) during the open window. Use UPI mandate or ASBA for fund blocking. Bid at cut-off for retail category.
What is the minimum investment?
Minimum retail investment is approximately TBA (1 lot × TBA shares at upper band).
Should I apply for Core Integra Consulting Services IPO?
Whether to apply depends on your goals, risk appetite, and the company's fundamentals. Review the RHP, compare valuation with peers, and consult a SEBI-registered advisor.
What happens if my allotment fails?
Bid amount blocked via UPI/ASBA is released back within 24-48 hours. Apply through multiple family demat accounts to improve odds on oversubscribed issues.

Information shown is for educational purposes and does not constitute investment advice. GMP values are unofficial estimates from informal grey market sources. Please read the offer document (Red Herring Prospectus) carefully before investing.

Data sourced from NSE, BSE, the issue's registrar, and public filings. BasicFintech is not affiliated with the issuing company, its underwriters, or the exchanges.

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