Service Care IPO

Service Care Limited

₹1,26,000 /2000 sharesMinimum Investment

Service Care IPO Listing DetailsListed OnIssue PriceListing PriceListing Gains
NSE₹67.00₹67.00₹0.00 (0.00%)
Service Care IPO DetailsBidding DatesMin. InvestmentLot SizePrice Range
14 Jul ‘23 - 18 Jul ‘23₹1,26,0002,000₹63 - ₹67
Issue SizeIPO Doc
20.68CrRHP PDF
About Service CareIncorporated in 2011, Service Care provides workspace administration services across various industries. The services encompass a wide range of integrated facility management and business services, while the workforce administration services specialize in staffing solutions, outsourced recruitment processes, and payroll management.
Currently, the company has a dedicated team of over 5,800 associates, including both permanent and contractual employees.
Its client base spans diverse sectors such as manufacturing, engineering, infrastructure, information technology, government & banking, healthcare, staffing & recruitment, food, education, and FMCG.;
Parent Organisation
Service Care Limited
Founded
2011
Managing Director
Mrs. Shany Jalal.
Strengths & Risks
With over 23 years of experience and a strong market presence, the company has earned a reputation for reliability among its customers and partners.
The company is fully compliant with all statutory and government regulations, ensuring adherence to legal requirements. The company also consistently meets deadlines for statutory compliance and ensures timely disbursement of obligations.
The company has established contracts directly with clients, ensuring better control over service delivery.
The company has a presence in several segments like manufacturing, engineering, infrastructure, information technology, government & banking, healthcare, staffing & recruitment, food, education, and FMCG.
Service Care relies heavily on its top 10 clients, with a significant portion of its total revenue attributed to them. 
The company operates in over 20 states, but its revenue heavily relies on 6 states, including Tamil Nadu, Karnataka, Maharashtra, Andhra Pradesh, Rajasthan, and Gujarat. 
The company's revenue from manpower services contract receipts plays a significant role in its overall revenue from operations. Any loss of business in this area would harm the company's revenue and profitability. 
The company's business operations are subject to extensive government regulation, which could limit the range of services the company can offer. 
The company operates in an extremely competitive and fragmented industry characterised by easily accessible entry points. The challenges lie in successfully outperforming existing and emerging competitors, especially within the unorganised segment.
There are ongoing legal proceedings involving the company, promoters, and directors. Adverse rulings in these cases could significantly impact the company's business, operations, and financial position.
Financials
*All values are in Rs. Cr
No Graph Data To Display
Application detailsApply asPrice bandApply upto
Regular₹63 - 67₹2 Lakh
High Networth Individual₹63 - 67₹2 - 5 Lakh
For Service Care IPO, eligible investors can apply as Regular.

Listed On	Issue Price	Listing Price	Listing Gains
NSE	₹67.00	₹67.00	₹0.00 (0.00%)

Bidding Dates	Min. Investment	Lot Size	Price Range
14 Jul ‘23 - 18 Jul ‘23	₹1,26,000	2,000	₹63 - ₹67

Issue Size	IPO Doc
20.68Cr	RHP PDF

Apply as	Price band	Apply upto
Regular	₹63 - 67	₹2 Lakh
High Networth Individual	₹63 - 67	₹2 - 5 Lakh

Vaishnavi Tech Park, 3rd & 4th Floor
Sarjapur Main Road, Bellandur
Bengaluru – 560103
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