Executive Centre India Limited IPO

Executive Centre India Limited IPO

Mainboard NSE & BSE 100% Book Built Offer
Open

Price Band

Total Issue

₹0.00 Cr

Bid Dates

TBA - TBA

Subscription

-

Est. GMP

₹0 (-)

Business Overview

Executive Centre India is engaged in providing premium flexible workspace solutions by leasing office spaces within Grade A buildings and transforming them into fully serviced, design-led work environments. The Company caters to a diverse customer base, including multinational corporations, by offering customized managed office solutions. It operates as an India-based platform with a pan-Asia presence across markets such as India, Singapore, the Middle East, Indonesia, Vietnam, the Philippines and Sri Lanka. As of March 31, 2025, its portfolio comprised 89 operational centres across 14 cities in seven countries. Leveraging its scalable business model and strategic locations, the Company delivers high-quality workspace solutions tailored to evolving enterprise requirements

Objects of IPO

  1. Investment in subsidiary TEC Abu Dhabi to part-finance the acquisition of TEC SGP & TEC Dubai from promoter TEC Singapore under an internal restructuring.
  2. General corporate purposes

Financials

(Rs. in crores)

Financial Performance Metrics for Executive Centre India IPO
Particulars Mar-25 Mar-24 Mar-23
Revenue 1,322.64 1,036.62 763.39
PAT -80.61 -56.32 -7.36
Net Worth -2,712.00 -3,342.79 -3,344.80
Borrowings 361.28 315.05 299.13
Assets 3,888.83 3,049.18 2,317.78
NAV (₹) -78.19 -96.38 -96.44
EPS (₹) -2.32 -1.62 -0.21

KPIs

EBITDA

53.93%

ROAE

18.50%

  • All the data pertains to FY 2024-25.
  • PE, PB, and market capitalization are calculated based on the Upper Price Band.

Promoter Holding

Promoter

100.00%

Public

0.00%

Executive Centre Singapore Pte Ltd* 99.67%
Others 0.33%

Management

George Zage Chariman
Paul Salnikoff CEO
Vijayalakshmi Venkatakrishna CFO

Registrar & Lead Managers

Frequently Asked Questions

What is Executive Centre India IPO?
Executive Centre India IPO is a Mainboard IPO having an issue size of ₹0.00 Crs. Executive Centre India IPO is priced at ₹ - ₹ per share. The issue opens on 19 Apr 26 and closes on 19 Apr 26.
When will Executive Centre India IPO open?
Executive Centre India IPO opens on 19 Apr 26 and closes on 19 Apr 26.
What is the GMP of Executive Centre India IPO?
The estimated Grey Market Premium of Executive Centre India IPO is ₹0 per share (-).
What is the lot size of Executive Centre India IPO?
The minimum lot size of Executive Centre India IPO is shares & the minimum application amount is Rs. 0.
When is the allotment of Executive Centre India IPO?
The allotment date of Executive Centre India IPO is 19 Apr 26.
What is the listing date of Executive Centre India IPO?
The listing date of Executive Centre India IPO is 19 Apr 26.
What is the subscription of Executive Centre India IPO?
Executive Centre India IPO is subscribed -.
What is the price band of Executive Centre India IPO?
Executive Centre India IPO is priced at ₹ - ₹ per share.
How to check allotment status of Executive Centre India IPO?
Click the allotment link on Executive Centre India IPO page of IPO360.
How to apply Executive Centre India IPO in Zerodha?
  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
How to apply Executive Centre India IPO in Groww?
  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
How to apply Executive Centre India IPO using ASBA?
  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Executive Centre India 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