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Open
2 Feb 2016
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Close
4 Feb 2016
3
Allotment
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Listing
Fri, Feb 12, 2016
Price Band
₹785 to ₹850
Issue Size
49,84,438 shares (agg. up to ₹424 Cr)
Lot Size
15 Shares
Listing Date
Fri, Feb 12, 2016
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 38.72x |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Shaival Reality Ltd. | SME | ₹5.28 Cr | ₹100 | null | ₹100.50 | +0.50% | ₹33.00 (+3.12%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding existing and incremental working capital requirements of our Company | 80.00 |
| 2 | Acquisitions and other strategic initiatives | 25.00 |
| 3 | Upgradation of the existing IT infrastructure | 15.00 |
| 4 | General corporate purposes | 18.41 |
About TeamLease IPO
Incorporated in 2002, TeamLease Services is Mumbai India based human resource services and people supply-chain Company offering services to various small and large business clients. TeamLease offers employment and employability services. TeamLease employment services include temporary staffing, permanent recruitment and regulatory consultancy for labor law compliance.TeamLease employability offerings include different types of learning and training solutions, including retail learning solutions, institutional learning solutions and enterprise learning solutions. TeamLease has over 1 lakh associate employees as of Nov 2015. Company has 8 regional offices and over 1000 full time employees.Competitive strengths of TeamLease:1. Market leading position with scale [over 5% market share]2. Strong compliance practices that enable the company to build longstanding relationships with clients3. Technological and operational excellence4. Strong functional knowledge and expertise across industry sectors5. Strong management and thought leadership in public policy initiatives and backing by marquee private equity investors+ Read More
Contact Details
TeamLease Services Ltd. AddressOffice No 6, 3rd Floor, C Wing, Laxmi TowersBandra Kurla Complex, Bandra (East)Mumbai, Maharashtra, 400051+ 91 22 6641 9500corporateaffairs@teamlease.comVisit Website