The Service Care Limited IPO started on July 14, 2023, and ended on July 18, 2023. Shares were allocated on July 21, 2023, and refund processes began on July 24, 2023. On July 25, 2023, the shares were credited to investors’ demat accounts. Service Care was officially listed on the stock exchange on July 23, 2023.
During the IPO, Service Care offered shares at a price range of ₹63 to ₹67 per share, and the lot size was 2000 shares. The total issue size was ₹20.68 crores, with ₹20.68 crores from new shares. The IPO was listed on both the NSE and BSE.
Regarding share reservations, 9.53% of the shares were allocated to Qualified Institutional Buyers (QIB), 42.71% were reserved for Non-Institutional Investors (NII), and 42.71% were set aside for retail investors.
Service Care IPO Subscription Status Details
The Service Care IPO has been subscribed by different categories of investors. The retailers have subscribed to it 10.54 times, while the Non-Institutional Investors (NII) have subscribed 2.64 times. The Qualified Institutional Buyers (QIB) have subscribed 5.10 times.
| Category | Subscription |
| QIB | 5.10x |
| NII | 2.64x |
| Retail | 10.54x |
| Total | 6.44x |
Established in 2011, “Service Care Limited” provides Workspace Administration Services and Workforce Administration Services across 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 a market presence and experience spanning over 23 years, Service Care Limited has built a strong reputation with customers and partners nationwide.
The company currently employs a team of 5,800+ associates, including contractual employees, and serves clients in Engineering, Education, Manufacturing, Infrastructure, Government & Banking, Information Technology, healthcare, Staffing & Recruitment, Food, FMCG verticals, and more.
Service Care IPO More Details Click Here
When Service Care IPO Subscription will start and end?
The Service Care IPO started on July 14, 2023, and ended on July 18, 2023.
When Service Care IPO Subscription will start?
The Service Care IPO started on July 14, 2023.
When Service Care IPO Subscription will end?
The Service Care IPO ended on July 18, 2023.
When were the shares credited to investors demat accounts for the Service Care IPO?
The shares for the Service Care IPO were credited to investors demat accounts on July 25, 2023.
When was Service Care officially listed on the stock exchange?
Service Care was officially listed on the stock exchange on July 26, 2023.
What was the price range of the Service Care IPO shares?
The Service Care IPO shares were offered at a price range of ₹63 to ₹67 per share.
What was the lot size for the Service Care IPO shares?
The lot size for the Service Care IPO shares was 2000 shares.
What was the total issue size of the Service Care IPO?
The total issue size of the Service Care IPO was ₹20.68 crores.
How were the shares allocated among different types of investors for the Service Care IPO?
42.71% of the shares were allocated to Qualified Institutional Buyers (QIB), 42.71% were reserved for Non-Institutional Investors (NII), and 9.53% were set aside for retail investors.
On which stock exchanges was the Service Care IPO listed?
The Service Care IPO was listed on both the NSE SME.
