Coreintegra Consulting Services IPO
LISTEDSMEListing Performance
▲ 0.13%
Issue Price
₹78
Listing Price
₹78
Listed On
30 Sep 2026
- Price Band
- ₹74 – ₹78
- Lot Size
- 1,600
- Lot Value
- ₹1,24,800
- Open Date
- 23 Sep23 Sep 2026
- Close Date
- 25 Sep25 Sep 2026
- Min Investment
- ₹1,24,800
Coreintegra Consulting Services — Stock Performance
About Coreintegra Consulting Services
Use of IPO Proceeds
Total allocation: ₹18.01 Cr (excludes issue expenses)
Promoters
Sriram Natarajan
Non-Executive Director
Pre-issue: 49.13%
Sangeetha Sriram
Non-Executive Director
Pre-issue: 2.87%
Gaurav Bali
Non-Executive Director
Pre-issue: 12.51%
Investment Analysis
Quick Analysis: 4 strengths · 6 risk factors· Exchange: NSE SME
Strengths (4)
- •Diversified service portfolio across HR, compliance, and tech platforms
- •Proprietary technology platforms for HR and regulatory solutions
- •Strong revenue growth from FY24 to FY26
- •Long-term customer relationships with top 10 clients
Risk Factors (6)
- •First public issue with no established market for shares; floor, cap and issue prices may not reflect post-listing market value.
- •Industry data from commissioned Ken Research Report has not been independently verified by company or BRLM.
- •Actual financial results may differ materially from forward-looking statements due to various uncertain factors.
- •Operational and financial indicators used may not be derived from audited financial statements or comparable to industry peers.
- •No assurance of active or sustained trading in equity shares post-listing despite NSE Emerge platform listing.
- •Investors may lose entire investment if they cannot afford equity and equity-related securities risk exposure.
Demand snapshot
Subscription and grey market data as reported. Not a recommendation.
- Subscribed 1.38x (QIB 1.05x, NII 1.41x, Retail 1.42x) at close
Application Lot Sizes
Retail caps at ₹2,00,000 (1 lots here). S-HNI is ₹2L–₹10L, B-HNI is above ₹10L.
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 1,600 | ₹1,24,800 |
| Retail (max) | 1 | 1,600 | ₹1,24,800 |
| S-HNI (min) | 2 | 3,200 | ₹2,49,600 |
| S-HNI (max) | 8 | 12,800 | ₹9,98,400 |
| B-HNI (min) | 9 | 14,400 | ₹11,23,200 |
Subscription Status
| Category | Day 1 | Day 2 | Day 3 |
|---|---|---|---|
| QIB | 1.05x | 1.05x | 1.05x |
| sNII (S-HNI) | — | — | — |
| bNII (B-HNI) | — | — | — |
| Retail | 0.06x | 0.31x | 1.42x |
| Total | 0.13x | 0.42x | 1.38x |
Colour: red <1x · amber 1–10x · green ≥10x oversubscribed.
Allotment Statistics
Retail Individual Investors (RII)
Subscription
1.42x
Allotment Ratio
1 lot per 2 applicants
Allotment Probability
~70.4%
Non-Institutional Investors (NII / HNI)
Subscription
1.41x
Allotment Type
Proportionate allotment
Qualified Institutional Buyers (QIB)
Subscription
1.05x
Allotment Type
Discretionary allotment
Total Subscription
1.38x
Allotment probability is estimated based on subscription data and is not guaranteed. Actual allotment depends on the registrar's process.
Basis of Allotment
Category-wise subscription & allotment ratio
Weigh your chances
IPO Timeline
Issue Opens
23 Sep 2026 · Wed
Issue Closes
25 Sep 2026 · Fri
Bidding Cut-off (UPI Mandate)
25 Sep 2026 · 5:00 PM IST
Allotment
28 Sep 2026 · Mon
Listing
30 Sep 2026 · Wed
Issue Opens
23 Sep 2026 · Wed
Issue Closes
25 Sep 2026 · Fri
Bidding Cut-off (UPI Mandate)
25 Sep 2026 · 5:00 PM IST
Allotment
28 Sep 2026 · Mon
Listing
30 Sep 2026 · Wed
IPO Details
| Registrar | Purva Sharegistry (India) Private Limited |
| Exchange | NSE SME |
| ISIN | — |
| Face Value | ₹10 |
| Issue Size | ₹21.99 Cr |
| Fresh Issue | — |
| OFS Size | — |
| Lead Managers | — |
3-Year Financial Summary
Revenue trend
↑ FY24→FY26
| Fiscal Year | Revenue (₹Cr) | PAT (₹Cr) | EPS | P/E | ROE |
|---|---|---|---|---|---|
| FY26 | 515.15 | 4.51 | 5.88 | 13.26 | 16.46% |
| FY25 | 402.61 | 3.46 | 4.51 | 17.28 | 15.12% |
| FY24 | 366.37 | 4.94 | 6.44 | 12.12 | 25.40% |
Detailed Line Items (₹ Cr)
| Line Item | FY24 | FY25 | FY26 |
|---|---|---|---|
| Total Income | 368.44 | 404.39 | 516.3 |
| EBITDA | 5.81 | 4.2 | 6.01 |
| Net Worth | 19.43 | 22.89 | 27.41 |
| Cash Flow — Operating | 7.55 | 1.39 | -3.05 |
| Cash Flow — Investing | -5.06 | -6.45 | 3.69 |
| Cash Flow — Financing | -0.04 | -0.02 | -0.07 |
From the company's offer document (DRHP/RHP); restated figures where available.
Valuation at Issue Price
Issue P/E
13.3x
Price ÷ EPS
EPS (FY26)
₹6
Earnings per share
RoNW
16.46%
Return on net worth
ROCE
—
Not in abridged DRHP
EBITDA margin
1.2%
EBITDA ÷ revenue
Price/NAV
—
NAV not in abridged DRHP
Check the valuation yourself
Company Fundamentals
12 sections extracted from this filingCapital Structure
| Authorised Capital | — |
| Issued Capital | — |
| Paid-up Capital | — |
| Equity Shares (Pre-Issue) | 76,67,805 |
| Equity Shares (Post-Issue) | — |
Source: Coreintegra Consulting Services offer document (DRHP/RHP).
Shareholding Pattern
Pre-Issue
- Sriram Natarajan(Promoter)+49.13%
- Sangeeta Sriram(Promoter)+2.87%
- Gaurav Bali(Promoter)+12.51%
- Soumya Bali(Promoter Group)+0.01%
- Eureka Outsourcing Solutions Private Limited(Promoter Group)+28.52%
Post-Issue
- Sriram Natarajan(Promoter)—
- Sangeeta Sriram(Promoter)—
- Gaurav Bali(Promoter)—
- Soumya Bali(Promoter Group)—
- Eureka Outsourcing Solutions Private Limited(Promoter Group)—
Source: Coreintegra Consulting Services offer document (DRHP/RHP).
Reservations & OFS
Investor Reservation
Reservation split not disclosed in this filing.Not disclosed in Coreintegra Consulting Services's filing.
OFS Selling Shareholders
No offer-for-sale component (or sellers not disclosed).
Source: Coreintegra Consulting Services offer document (DRHP/RHP).
Board & Management
Board of Directors (4)
- Amitava Ghosh₹0.00 Cr p.a.
Non-Executive Independent Director
Bachelor of Laws (LLB), Master of Business Administration (MBA) in Human Resources, Diploma in Industrial Relations and Personnel Management
More than 2 decades of experience in Employee Relations, Compliance, Employment Law and Policy Formulation
- Rajeshwar Tripathi₹0.01 Cr p.a.
Non-Executive Independent Director
Post Graduate Diploma in Social Service with specialization in Personnel Management and Industrial Relations
More than one decade of experience in human resource strategy, talent management, HR transformation and digitalization
- Manav Ravindranath Dhanda₹0.01 Cr p.a.
Non-Executive Independent Director
Bachelor of Commerce (Honours), certification course on Innovation of Products and Services from Emeritus Institute, Business Analytics from University of Pennsylvania
Over a decade of experience across media, consumer, and sustainable brands
- Sanjeev Kumar Chauhan₹0.02 Cr p.a.
Non-Executive Independent Director
Bachelor of Laws (LL.B.), Doctor of Philosophy (Ph.D.) in Law, Master of Laws (LL.M.), Master of Business Administration (MBA) in Human Resources, Master of Arts (M.A.)
More than 2 decades of experience in Talent acquisition, Performance management, organizational restructuring, industrial relations
Key Managerial Personnel (4)
- Vinay Vishnu Kadam
Company Secretary and Compliance Officer
- Pallav Jain₹0.22 Cr p.a.
Chief Financial Officer
Bachelor of Commerce from Institute of Chartered Accountants of India
More than 10 years of experience in handling Organization's Finance Management, Accounting, Audit, Taxation
- Swati Jayant Chavarkar₹0.24 Cr p.a.
Senior Vice President – HR & Payroll Operations
Bachelor of Commerce, Diploma in Personnel Management, Post-Graduation Degree in Human Resource Management
Over 2 decades of work experience in HR strategy & policies, compensation and benefits, HR operations, performance management, talent acquisition and payroll processing
- Munab Ali₹0.20 Cr p.a.
Vice President – Compliance Operations
Bachelor of Science in Physics, Bachelor of Laws (LL.B.), Master of Business Administration in Human Resource Management, Diploma in Labour and Administrative Law
More than a decade of work experience in the field of compliance, payroll, industrial relations, and advisory
Source: Coreintegra Consulting Services offer document (DRHP/RHP).
Industry & Market
Per Ken Research, a report commissioned by the company (not independent).
Material Litigation
| Type | Against | Matters | Amount (₹Cr) |
|---|---|---|---|
| Civil | — | — | — |
Text references outstanding litigation disclosed on page 270 but the litigation details are not provided in the supplied excerpt
Registrar (RTA)
SEBI-registered Registrar & Transfer Agent — handles allotment and refunds.
Registrar:Purva Sharegistry (India) Private Limited→Documents
Frequently Asked Questions
When is the Coreintegra Consulting Services IPO opening?
The Coreintegra Consulting Services IPO opens on 23 Sep 2026 and closes on 25 Sep 2026. Check this page for the latest updates as we refresh every 30 minutes.
What is the price band of the Coreintegra Consulting Services IPO?
The price band for the Coreintegra Consulting Services IPO is ₹74 to ₹78. The final price is announced after the book-building process and is confirmed before listing.
What is the lot size and minimum investment for the Coreintegra Consulting Services IPO?
The minimum lot size is 1600 shares with a minimum investment of ₹1,24,800. Retail investors can apply for up to the retail limit defined by SEBI.
What is the GMP of Coreintegra Consulting Services IPO today?
The latest Grey Market Premium for Coreintegra Consulting Services is ₹0 (+0.00%). GMP is unofficial data and is not a guarantee of listing price.
When will the Coreintegra Consulting Services IPO list on NSE and BSE?
The Coreintegra Consulting Services IPO is expected to list on 30 Sep 2026 on NSE SME. Actual listing day trading begins at the start of the normal market session.
How can I check the Coreintegra Consulting Services IPO allotment status?
The registrar for this IPO is Purva Sharegistry (India) Private Limited. You can check your allotment status on the registrar's portal using your PAN, application number, or DP ID. We link to the registrar directly on our allotment page after the allotment date.
Is the Coreintegra Consulting Services IPO a mainboard or SME issue?
Coreintegra Consulting Services is a SME IPO that will list on the NSE Emerge or BSE SME platform. SME IPOs require a minimum application value of one lakh rupees.
How do I apply for the Coreintegra Consulting Services IPO?
You can apply for the Coreintegra Consulting Services IPO through any SEBI-registered broker such as Zerodha, Upstox, or Angel One using UPI or ASBA while the issue is open for bidding.
What is the GMP-implied price of Coreintegra Consulting Services IPO?
The GMP-implied price (unofficial, not a forecast) is ₹78: the upper price band of ₹78 plus the latest grey market premium of ₹0, as of 30 Sep 2026, 11:33 PM IST. GMP is unofficial grey market data, and the actual listing price can differ from it.
What is the allotment ratio for Coreintegra Consulting Services IPO?
Based on the retail subscription of 1.42x, the estimated allotment ratio is 1 lot per 2 applicants (approximately 70.4% chance of allotment). This is an estimate and actual allotment may vary.
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