Service Care Limited

Company Profile
Company Name Service Care Limited
Open Date 14-07-2023
Close Date 18-07-2023
Exchange NSE SME
Lot Size 2000 shares
Issue Price ₹63 - ₹67 per share
Issue Size 30,86,000 Equity Shares
Application Amount ₹ 1,34,000
Recommendation Risk_Averse - Should Wait Risk_Seekers - Should Apply
Service Care Limited was incorporated in the year 2011 headquartered in Bangalore, Karnataka. The Company was incorporated with the objective to providing services as Workspace Administration Services & Workforce Administration Services across all the business domains. Primarily Workspace Administration services covers all the Integrated Facility Management and Business Services, on the other hand Workforce Administration services covers all kind staffing solutions, outsourced recruitment processes and payroll management. Company currently service clients from the Manufacturing, Engineering, Infrastructure, Information Technology, Government & Banking, healthcare, Staffing & Recruitment, Food, Education, FMCG verticals.
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Summary of Financials (All financials in Lakh)

For the Period Ended Mar-21 Mar-22 Jan-23
Total Assets 2,019.92 2,430.89 3,181.30
Net Assets 457.84 632.32 1,134.66
Total Borrowings 314.56 341.47 -
Total Revenue 8,933.38 11,501.65 13,217.29
Profit After Tax 23.46 174.48 302.34

Tentative Timeline

Opening Date 14-07-2023
Closing Date 18-07-2023
Basis of Allotment 21-07-2023
Initiation of Refunds 24-07-2023
Credit of Shares to Demat 25-07-2023
Listing Date 26-07-2023

Objects of the Issue

To Meet out the Working Capital of the Company.
General Corporate Purpose.
Public Issue Related Expenses.

Contact Information

Registered Office Service Care Limited No. 653, 1st Floor, 2nd Main Road Domlur Layout, Bangalore – 560071
Phone +91-80-25354728 / 2535472

Registrar Details

Name Integrated Registry Management Services Private Limited
Phone + 91 44 2814 0801 to 803

IPO Reservation

Anchor Investor Shares Offered -
Market Maker Shares Offered 1,56,000 (5.06%)
QIB Shares Offered 2,94,000 (9.53%)
NII (HNI) Shares Offered 13,18,000 (42.71%)
Retail Shares Offered 13,18,000 (42.71%)
Total Shares Offered 30,86,000 (100%)

Shareholding Pattern

Pre Issue Share Holding 100%
Post Issue Share Holding 73.16%

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