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CIEL HR Services Limited IPO

CIEL HR Services Limited IPO

IPO Date :
Issue Price :
Allotment Date :
Listing Date :
List Price :
Lot Size:
Subscription:

CIEL HR Services Limited's is preparing to launch its Initial Public Offering (IPO) with a substantial issue size of TBD. The offering comprises a fresh issue component of TBD.

The price band for the IPO has been set at TBD, providing investors with a range to place their bids. The minimum investment lot consists of TBD, making it accessible to both retail and institutional investors.

The subscription window for this public offering opens on TBD and will conclude on TBD. Following the subscription period, the share allotment is scheduled for TBD, with the official listing expected to commence on TBD on the NSE, BSE exchange.

CIEL HR IPO Details
CIEL HR IPO Key Performance Indicator
Company Financials ( In Crores )

CIEL HR IPO About Company

CIEL HR Services Limited offers a comprehensive suite of human resource services and HR technology platforms catering to a wide range of industries, helping organizations attract, manage, and develop talent efficiently. The company provides services such as recruitment, professional and value staffing, payroll processing, HR managed services, strategic HR advisory, and skilling, while its HR Tech platforms cover talent assessment and development, employee engagement, learning experience systems, human resource management systems (HRMS), fresher upskilling, and statutory compliance management. Serving 4,019 customers, CIEL’s client base includes prominent names such as Scootsy Logistics (a subsidiary of Swiggy), Puma Sports India, Niva Bupa Health Insurance, Axis Bank, Brigade Enterprises, Blue Star, and the Aditya Birla Group. As of June 30, 2024, the company operated through 49 business partners across 33 locations and had a network of 67 offices across India, with a strong presence in tier-II and tier-III cities, reinforcing its significant footprint in India’s HR solutions sector.


Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."


The expected premium is based on market buzz and online information. It should not be considered as the actual listing price or valuation. Always refer to the RHP and seek advice from a financial expert before making any investment decisions.

CIEL HR IPO Strength Factors

  1. Focused HR Services Business: CIEL HR Services specialises in staffing, workforce solutions, and human resource services, giving it a clear and defined business focus.
  2. Large Client Base: Serves a wide range of companies across industries, which helps reduce dependence on any one client or sector.
  3. Experienced Management Team: Led by professionals with deep experience in HR services and staffing operations, supporting strategic growth.

CIEL HR IPO Risk Factors

  1. Dependence on Economic Cycles: Staffing and HR services are sensitive to economic slowdowns, as companies may cut hiring or reduce workforce requirements.
  2. Margin Pressure: Competitive pricing and cost of labour resources can pressurise profit margins, especially in contract staffing.
  3. Regulatory and Compliance Complexity: HR and labour laws in India are complex and evolving, requiring continuous compliance efforts and risk management.

CIEL HR IPO Lead Manager(s)

  • Ambit Private Limited
  • Centrum Capital Limited
  • Hdfc Bank Limited

CIEL HR IPO Promoter(s)

  1. Pandiarajan Karuppasamy
  2. Hemalatha Rajan
  3. Aditya Narayan Mishra
  4. Santhosh Kumar Nair
  5. Doraiswamy Rajiv Krishnan

CIEL HR IPO Company Details

CIEL HR Services Limited
Phone:
address:

CIEL HR IPO Registrar

Kfin Technologies Limited
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Phone:

CIEL HR IPO FAQs