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LISTEDSME

ITCONS E-Solutions IPO

Open 28th Feb 2023 · Close 2nd Mar 2023 · Listing 13th Mar 2023

Price BandTBA
Live GMP₹4.00
Subscription16.79×
Issue Size₹8.67 Cr
Allotment8th Mar 2023

At a glance

Updated 2026-08-23

ITCONS E-Solutions is a SME IPO with an issue size of ₹8.67 crore, proposed for listing on BSE SME. The offer opens on 28th Feb 2023 and closes on 2nd Mar 2023. The issue structure includes a fresh issue of ₹8.23 crore.

Issue details

Listing atBSE SME
Issue typeFixed Price Issue
Issue size₹8.67 Cr
Fresh issue₹8.23 Cr
Face value₹10
Price band—–—
Allotment8th Mar 2023
Listing13th Mar 2023

Grey market

GMP page ↗
Latest GMP₹4.00
GMP / upper priceNO DATA
Est. listing₹55.00
GMP is unofficial sentiment data, not an exchange price.

Timeline

Opens28th Feb 2023
Closes2nd Mar 2023
Allotment8th Mar 2023
Refund9th Mar 2023
Demat10th Mar 2023
Listing13th Mar 2023

Subscription demand

Full bidding ↗
Total16.79×

Lot size

InvestorLotsSharesAmount
Minimum Bid12000

Company

Incorporated2007

Use of proceeds

ObjectAmount
Working capital requirements₹6.00 Cr
Issue related expenses₹1.27 Cr
General corporate expenses₹1.40 Cr

31 Mar 2020

Assets3.51
Total Income8.35
Profit After Tax0.11
NET Worth0.97
Reserves and Surplus0.96
Total Borrowing1.45

31 Mar 2021

Assets3.41
Total Income8.42
Profit After Tax0.08
NET Worth1.04
Reserves and Surplus1.03
Total Borrowing1.36

31 Mar 2022

Assets4.71
Total Income18.20
Profit After Tax1.19
NET Worth2.23
Reserves and Surplus2.22
Total Borrowing1.06

30 Sep 2022

Assets7.92
Total Income16.05
Profit After Tax1.06
NET Worth4.62
Reserves and Surplus1.29
Total Borrowing1.77
Trend chart₹ crore

KPIs

KPI
ROE
ROCE
Debt / Equity
RoNW
PAT Margin
EBITDA Margin

Valuation & shareholding

Pre-IPO EPS4.16
Pre-IPO P/E12.09
Promoter holding pre89.67%
Promoter holding post59.36%
Market cap₹25.65 Cr.

Issue expenses

ExpenseAmount
Lead Manager Fees including other intermediaries Fees₹0.55 Cr
Regulators Including Stock Exchanges₹0.10 Cr
Advertising and Marketing Expenses₹0.60 Cr
Printing and distribution of Issue Stationary₹0.02 Cr

Registrar & lead managers

Registrar

Cameo Corporate Services Ltd.

Lead managers

  • Finshore Management Services Ltd.

Offer documents

Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-23.