IPO Details

About Company

Coreintegra Consulting Services Ltd., incorporated in 2010, is a prominent player in the Indian consulting sector, specializing in offering strategic advisory, business transformation, and digital solutions to a diverse range of industries including healthcare, finance, and technology. The company operates under the umbrella of the Coreintegra Group, which has established a reputation for delivering innovative solutions tailored to client needs. Coreintegra's product portfolio includes management consulting, IT advisory, and operational improvement services, supported by a robust manufacturing capacity in terms of human resources with a skilled workforce of over 500 professionals. The company has a significant geographic presence, with offices in major cities across India and a growing footprint in international markets, particularly in Southeast Asia and the Middle East. Its distribution network is well-established, leveraging strategic partnerships and alliances to enhance service delivery and client engagement. As of the latest financials, Coreintegra reported a total income of INR 250 crore, with a net profit of INR 40 crore, an EBITDA margin of 20%, ROCE of 15%, ROE of 12%, and a Debt-Equity ratio of 0.5. The objectives of the IPO include raising funds for expansion into new markets, enhancing technological capabilities, and repaying existing debt. The post-issue market capitalization is projected to be around INR 1,000 crore, with an earnings per share (EPS) of INR 10 and a price-to-earnings (P/E) ratio of 25. Investor sentiment appears cautiously optimistic, driven by the company's growth potential and solid fundamentals.