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Ciel HR Services Limited IPO DRHP
Ciel HR Services Limited IPO

Ciel HR Services Limited IPO DRHP

CIEL HR Services Limited is the only player in India offering a full spectrum of technology-driven HR solutions covering the entire employee lifecycle (F&S Report). Its services include professional and value staffing, executive search, RPO, payroll, compliance, HR advisory, and skilling. Its HR tech platforms cover talent assessment, engagement, learning, HRMS, fresher upskilling, and compliance management. Between FY 2021 and FY 2024, it achieved a strong 62% CAGR in revenue, reflecting rapid growth and market leadership.

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Ciel HR Services IPO Objects

  1. Acquisition of additional shareholding in certain subsidiaries
  2. Investment in the certain Subsidiaries
  3. Funding incremental working capital requirements of our Company
  4. Unidentified inorganic acquisitions and general corporate purposes

Ciel HR Services IPO Details

Price Band

₹0.00

Listing At

NSE & BSE

IPO Issue Type

100% Book Built Offer

Fresh Issue

₹335.00 Cr ( Shares)

Offer For Sale

(0.47 Cr Shares)

Total Issue

( Shares)

Face Value

₹2 per equity share

Category Allocation

Particulars Allocation
QIB Not less than 75% of Net Offer
Big HNIs (NII) Not more than 10% of Net Offer
Small HNIs (NII) Not more than 5% of Net Offer
Retail Not more than 10% of Net Offer

Ciel HR Services IPO Financials

(Rs. in crores)

Particulars Jun-24 Mar-24 Mar-23 Mar-22
Revenue from Operations 325.18 1,085.74 799.64 527.55
Profit after Tax 3.17 10.85 -3.15 6.88
Net Worth 80.22 77.20 30.86 3.52
Total Borrowing 61.34 58.68 49.52 29.02
Total Assets 298.91 283.38 179.68 109.12
NAV per share (in ₹) 19.83 19.10 14.05 1.68
EPS - Basic (in ₹) 0.80 2.55 -1.34 3.47

The financial information presented is on a consolidated basis.

Key Performance Indicators

KPI Values
EBITDA 2.00%
PAT 1.00%
ROE 12.90%
ROCE 13.18%
  • All the data pertains to FY 2023-24

Promoter Details

Name Shareholding
Pandiarajan Karuppasamy 44.24%
Hemalatha Rajan 16.08%
Aditya Mishra 14.08%
Santhosh Nair 9.47%
Other Promoter 3.15%
Total 87.02%

Management Details

Name Designation
Pandiarajan Karuppasamy Chairman
Aditya Mishra MD & CEO
Saurabh More CFO

Company Details

Name: CIEL HR Services Limited

Address:Plot No. 3726, Door No. 41, ‘Ma Foi House’ 6th Avenue, Q Block, Anna Nagar, Chennai 600 040, Tamil Nadu.

Number: +91 080 485 371 79

Email: companysecretary@cielhr.com

Website: https://www.cielhr.com/

Frequently Asked questions?

Find answers to common questions that come in your mind related to IPO.

Ciel HR Services IPO is a Mainboard IPO having an issue size of Rs. ₹0.00 Crs. Ciel HR Services IPO is priced at ₹0.00 - ₹0.00 per share. The issue opens on 11 Feb 26 and closes on 11 Feb 26.

Ciel HR Services IPO opens on 11 Feb 26 and closes on 11 Feb 26.

The estimated Grey Market Premium of Ciel HR Services IPO is ₹0 per share (-).

The minimum lot size of Ciel HR Services IPO is 0.00 shares & the minimum application amount is Rs. 0.

The allotment date of Ciel HR Services IPO is 11 Feb 26.

The listing date of Ciel HR Services IPO is 11 Feb 26.

Ciel HR Services IPO is subscribed -.

Ciel HR Services IPO is priced at ₹0.00 - ₹0.00 per share.

Click the allotment link on Ciel HR Services IPO page of IPO360.

  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app

  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app

  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Ciel HR Services IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date