Incorporated in 2007,Bhopal based Surevin BPO Services Ltd provides business process outsourcing services to clients The company is leading certified service provider of IT solutions and Business services, outsourcing services, digital solutions and marketing, data enrichment and management service, skill development and training program and HR consultancy, including inbound and outbound call center, voice broadcast, and document digitalization services and other outsourcing services, digital solutions
At present the company is focusing on outsourcing services that include inbound and outbound call, software development and providing optical fibre cabling to Reliance, Idea BSNL etc
The Promoters :
1. Mr. Abhishek Gupta
2. Mrs. Sonika Gupta
The object of the issue :
To Meet Working Capital Requirement;
Issue Opens on : Jul 28, 2017
Issue Closes on : Aug 1, 2017
Issue Type: Book Built IPO
Issue Size: 912,000 Equity Shares of Rs 10 aggregating up to Rs 3.65 Crores
Face Value: Rs 10 Per Equity Share
Issue Price: Rs 38 – Rs 40 Per Equity Share
Minimum Order Quantity: 3000 Shares
Listing At: NSE SME
Lead Manager:Hem Securities Limited
Regitrar:Sharex Dynamic (India) Pvt Ltd
Revenue/net profits of 2015-16 Rs. 15.29 cr. / Rs. 1.77 crores respectively and
Revenue/net profits of 2016-17 Rs. 15.328 cr. / Rs. 1.52 crores respectively
Based on the latest earnings, upper price band for the IPO is at a P/E of 6.51 against peers trading at a P/E of 15 to 20.
Know the Merchant banker: 37th IPO from this MB.
Out of last 10 listings, one IPO gave negative return, 8 opened positive to offer price.