14 July 2023
18 July 2023
Rs. 20.68 Cr
26 July 2023
₹ 63 to ₹ 67 per share
Service Care is an SME offering integrated solutions related to facility and payroll management across a variety of business domains. The company has two service areas which include Workspace Administration Services (integrated facility management and business services) and Workforce Administration Services (staffing solutions, payroll management, and outsourced recruitment processes).
Objective of the Service Care IPO: The company intends to utilize the net proceeds from the issue towards the funding of the following objects: 1. Meet working capital requirements 2. Usual corporate purposes 3. Fund expenses related to the public issue
Service Care IPO lot size is 2000 shares.
The IPO comprises a total issue of 3,086,000 shares (aggregating up to ₹20.68 Cr).
The allotment date of Service Care IPO is set for 21st July.
The book-running lead manager to the offer is Swastika Investmart Limited.