Platinumone Business Services Ltd IPO Details with Share Price Range and Issue Size | Motilal Oswal
Platinumone Business Services Ltd IPO Details with Share Price Range and Issue Size | Motilal Oswal

Platinumone Business Services Ltd IPO Details with Share Price Range and Issue Size

Opening Date

September 02, 2021

Closing Date

September 07, 2021 

Face Value

Rs. 10 per equity share

IPO Price 

Rs. 92 per equity share

Minimum Order Quantity

1,200 equity shares 

Issue Size 

422,400 equity shares (Rs. 3.89 crores)

 

In addition to the two other upcoming IPOs from the SME segment, there’s another one that’s also in the fray. This latest IPO is from Platinumone Business Services Limited. Interested in getting to know more? Here are some of the key Platinumone Business Services Ltd IPO details. 

  • About the company  

Platinumone Business Services Limited is a Thane-based business process services provider. The company specializes in providing lead generation and conversion services, customer care services, and channel management services, among others. 

The company’s clientele is spread across multiple industries such as real estate, FMCG, insurance, consumer durables, furniture, and more. Some of the company’s clients include big names like Godrej, Edelweiss Tokio Life, Tally, Lodha Group, and Reliance Nippon, among others.  

  • Platinumone Business Services Ltd IPO details    

Let’s now move onto some of the most important details of this upcoming IPO such as the Platinumone Business Services Ltd IPO date and Platinumone Business Services Ltd IPO share price.

  • Platinumone Business Services Ltd IPO date

The company has notified that the public issue would open up for subscription on September 02, 2021 and would come to a close on September 07, 2021. 

  • Platinumone Business Services Ltd IPO issue size

The total issue size of the latest IPO of Platinumone Business Services is Rs. 3.89 crores. The company is looking to issue around 422,400 fresh equity shares, with no offer for sale from its promoters.  

  • Platinumone Business Services Ltd IPO share price

The company has also notified the IPO price band as well. It has chosen to fix the issue price at Rs. 92 per equity share. 

  • Platinumone Business Services Ltd IPO listing 

The shares of Platinumone Business Services would be listed on the Bombay Stock Exchange’s SME platform. 

  • Platinumone Business Services Ltd IPO objectives 

The company is planning to use the net proceeds from this IPO issue for funding its working capital requirements and for other general corporate purposes. 

Conclusion

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With a plethora of companies coming forward with their own IPOs in quick succession, you can keep a track of all the upcoming IPOs by regularly following our IPO calendar.

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