The Service Care IPO commenced on June 14, 2023, and concluded on June 18, 2023. The allotment of shares took place on July 21, 2023, and the initiation of refunds began on July 24, 2023. The shares were credited to the demat accounts of investors on July 25, 2023. Finally, the listing of Service Care on the stock exchange occurred on July 26, 2023.
The Service Care Limited IPO was priced at ₹63 to ₹67 per share, with a lot size of 2000. The total issue size was ₹20.68 crores, comprising a fresh issue of ₹20.68 crores. The IPO was listed on the NSE SME.
In terms of quota reservations, the QIB (Qualified Institutional Buyers) quota was reserved for 9.53% of the shares, the NII (Non-Institutional Investors) quota was reserved for 42.71% of the shares, and the retail quota was reserved for 42.71% of the shares.
Service Care IPO GMP Today:
| Date | GMP | Listing Gain | Kostak | Subject to |
| 25 July 2023 | ₹4 | 5.97% | – | – |
| 24 July 2023 | ₹4 | 5.97% | – | – |
| 23 July 2023 | ₹4 | 5.97% | – | – |
| 22 July 2023 | ₹5 | 7.42% | – | – |
| 21 July 2023 | ₹7 | 9.86% | – | – |
| 20 July 2023 | ₹9 | 13.48% | – | – |
| 19 July 2023 | ₹9 | 13.48% | – | – |
| 18 July 2023 | ₹11 | 16.42% | – | – |
| 17 July 2023 | ₹11 | 16.42% | – | – |
| 16 July 2023 | ₹11 | 16.42% | – | – |
| 15 July 2023 | ₹11 | 16.42% | – | – |
| 14 July 2023 | ₹8 | 11.94% | – | – |
Established in 2011, “Service Care Limited” provides Workspace Administration Services and Workforce Administration Services in diverse industries.
The Workspace Administration Services focus on professional facility management, while the workforce management services encompass comprehensive HRMS & HROS solutions to address complex HR challenges.
With over 23 years of experience and a strong market presence, Service Care Limited has gained the trust of its customers and partners nationwide.
The company employs a team of 5,800+ associates, including both permanent and contractual employees. Service Care serves clients from various sectors, including Engineering, Education, Manufacturing, Infrastructure, Government & Banking, Information Technology, healthcare, Staffing & Recruitment, Food, FMCG, and more.
Service Care IPO More Details Click Here
