Coreintegra Consulting Services IPO- Company Analysis
Coreintegra Consulting Services IPO under the SME IPO category is a book build issue of Rs. 21.99 Cr by Coreintegra Consulting Services Limited, which is an integrated human resource solutions provider offering staffing, payroll outsourcing, labor law compliance, HR advisory, vendor management, and proprietary HR-Tech and Reg Tech platforms under one umbrella.
The human resource services offer targeted support in recruitment, staffing, payroll processing, and HR advisory, including labor compliance, licenses and registration, policy drafting, just-in-time hiring solutions, retainership, and assurance services, which are designed to support regulatory compliance for businesses.
Services:
-
Compliance and Advisory Services
-
HR Services
-
Reg Tech
-
HR Tech Solutions
-
Vendor Management Services
The company offers tech-driven solutions to streamline and digitize human resource management through its proprietary platforms CoreX and Core Pay under HR Tech and Ctrl-F and Core -PFT under Reg Tech.
Coreintegra Consulting Services IPO Details
The Coreintegra Consulting Services IPO date of opening is 23 Sep 2026; its initial public offering will end on 25 Sep, IPO allotment on Sep 28 and refund initiation on Sep 29, 2026.
The Rs. 21.99 crore new SME IPO comprises a wholly fresh issue of 28.19 lac shares.
The Coreintegra Consulting Services IPO listing date (expected) might be Wednesday, Sep 30, 2026, and the listing on the NSE and SME.
The Coreintegra Consulting Services IPO price band is Rs. 74 to Rs. 78.
IPO Timetable (Tentative)
|
Events |
Date |
|
IPO Opening Date |
Sep 23, 2026 |
|
IPO Closing Date |
Sep 25, 2026 |
|
IPO Allotment Date |
Sep 28, 2026 |
|
Refund Initiation |
Sep 29, 2026 |
|
IPO Listing Date |
Sep 30, 2026 |
Click to open demat account and apply for the IPO.
Company Financials
(Amount in Cr)
|
Particulars |
31 Mar 2026 |
31 Mar 2025 |
31 Mar 2024 |
|
Assets |
68.51 |
56.80 |
49.96 |
|
Total Income |
516.30 |
404.39 |
368.44 |
|
Profit After Tax |
4.51 |
3.46 |
4.94 |
|
EBITDA |
6.01 |
4.20 |
5.81 |
|
NET Worth |
27.41 |
22.89 |
19.43 |
|
Reserves and Surplus |
19.74 |
22.88 |
19.42 |
Cash Flows
(Amount in Lac)
|
Net Cash Flow |
31 Mar 2026 |
31 Mar 2025 |
31 Mar 2024 |
|
Net Cash Flow Operating Activities |
(305.37) |
138.97 |
754.63 |
|
Net Cash Flow Investing Activities |
368.55 |
(644.93) |
(506.39) |
|
Net Cash Flow Financing Activities |
(6.63) |
(1.83) |
(4.36) |
Revenue Bifurcation
(Rs. in Lac)
(Source: RHP)
The Objective of the Issue
The Company desires to use the Net Proceeds from the Issue to fulfill its following goals:
-
Augmenting the leadership team for the Company. ~ Rs. 5.75 Cr.
-
Enhancing the visibility and awareness of the brand. ~ Rs. 0.50 Cr.
-
Capital expenditure towards upgrading the existing IT infrastructure. ~ Rs. 11.76 Cr.
-
General Corporate Purposes.
Listed Peers of Coreintegra Consulting Services Ltd.
|
Name of the Company |
Face Value (₹) |
EPS (₹) Basic |
P/E Ratio |
|
Team Lease Services Limited |
10 |
83.30 |
14.74 |
|
Quess Corp Limited |
10 |
14.85 |
23.06 |
Valuation
|
KPI |
Value (Mar 31, 2026) |
|
ROE |
17.94% |
|
ROCE |
20.19% |
|
PAT Margin |
0.87% |
|
EBITDA Margin |
1.17% |
Evaluation of P/E Ratio
Considering the period ended on FY 2026 with an EPS of Rs. 5.88 from the last year, the resulting P/E ratio is 13.26x.
|
Valuation Metric |
Pre IPO |
Post IPO |
|
EPS (₹) |
5.88 |
4.30 |
|
P/E (x) |
13.27 |
18.14 |
Explore the Quanto Agroworld IPO.
IPO's Strengths
-
Technology platforms built in-house covering all aspects of the human resource value chain
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Deep domain expertise delivered through comprehensive solutions across industries
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Wide geographic presence with efficient labor law compliance capabilities
-
Established long-term relationship with clients leading to recurring business.
IPO's Weaknesses
-
Low PAT margin of 0.87% (₹4.51 crore net profit in FY26)
-
The top five clients generate over 88% of revenue.
-
Business relies heavily on changing labor laws.
Coreintegra Consulting Services IPO GMP (Grey Market Premium)
Coreintegra Consulting Services IPO GMP today has not started yet as of 21 September 2026, while writing this information.
Coreintegra Consulting Services IPO Summary
|
IPO Opening & Closing Date |
23 Sep, 2026 to 25 Sep, 2026 |
|
Face Value |
Rs. 10 per Share |
|
Issue Price |
Rs. 74 to Rs. 78 per Share. |
|
Lot Size |
1600 Shares |
|
Issue Size |
28,19,200 Shares (Rs. 22 Cr) |
|
Offer for Sale |
- |
|
Fresh Issue |
26,76,800 Shares (Rs. 21 Cr) |
|
Market Makers |
1,42,400 Shares (Rs. 1 Cr) |
|
Issue Type |
Bookbuild Issue |
|
Registrar |
Purva Sharegistry (India) Pvt. Ltd. |
IPO Lot Details
Retail investors can invest in a minimum and maximum of 2 Lots (3200 Shares) for Rs. 2,49,600, and in multiples thereof, while HNI investors can invest in a minimum of 3 Lots (4800 Shares) for Rs. 3,74,400.
|
Minimum Lot Investment (Retail) |
2 Lots |
|
Maximum Lot Investment (Retail) |
2 Lots |
|
HNI (Min) |
3 Lots |
Coreintegra Consulting Services IPO Allotment Status
To check the Coreintegra Consulting Services IPO Allotment Status, visit the official Registrar’s website or BSE website. Below are the website links for you.
Using BSE Website - BSE IPO allotment status
Promoters And Management of Coreintegra Consulting Services Ltd.
-
Sriram Natarajan
-
Sangeetha Sriram
-
Gaurav Bali.
|
Pre-Issue Promoter Shareholding |
93.04% |
|
Post-Issue Promoter Shareholding |
68.03% |
IPO Lead Managers
Marwadi Chandarana Intermediaries Brokers Pvt. Ltd.
Dividend Policy
The company has not paid a dividend during the last three FYs.
Conclusion
Coreintegra Consulting Services IPO is an SME book-built issue of ₹21.99 crore opening from 23 to 25 September 2026 at a price band of ₹74–₹78. The company provides integrated HR, staffing, payroll, compliance, and proprietary HR-Tech & Reg-Tech solutions with strong client relationships. Investors should carefully evaluate its low PAT margins, high client concentration, and valuation before applying.
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Hope you enjoyed the Finowings IPO Analysis. We tried our best to give every required detail about the company that you should know before applying to the IPO.
You must consult your financial advisor before making any financial decisions.
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DISCLAIMER: This blog is NOT any buy or sell recommendation. No investment or trading advice is given. The content is purely for educational and information purposes only. Always consult your eligible financial advisor for investment-related decisions.
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