Service Care Limited Company’s main objective is to provide Workspace Administration Services and Workforce Administration Services across various business domains. With over 23 years of experience and market presence, the promoters have helped the company build credibility with customers and partners throughout the country. Workspace Administration services encompass Integrated Facility Management and Business Services, while Workforce Administration services include staffing solutions, outsourced recruitment processes, and payroll management.
Currently, the company has a team of over 5,800 associates, including contractual employees. It serves clients from diverse verticals such as Manufacturing, Engineering, Infrastructure, Information Technology, Government & Banking, healthcare, Staffing & Recruitment, Food, Education, and FMCG.
The company offers a wide range of services divided into two main categories: Workspace Administration Services and Workforce Administration Services.
- Workspace Administration Services: This vertical concentrates on professional facility management services which includes both Hard Services and Soft Services. With a trained team, environmentally friendly materials, and advanced processes, the company guarantees efficient facility maintenance and compliance with government regulations. Hard Services include maintenance of electrical systems, data centers, HVACs, lifts, water treatment plants, fire fighting systems, and building management. Soft Services encompass facility management, housekeeping, security services, waste management, landscaping, catering, reception services, and more.
- Workforce Administration Services: Service Care Limited delivers complete HR management solutions which include HRMS, HROS, staffing services, talent acquisition, payroll management, compliance, training, and manpower management. Their offerings cover long-term and short-term hiring, onboarding to offboarding processes, payroll management, performance evaluation, and contract staffing for specific projects or tasks. Service Care Limited also provides recruitment services which include talent acquisition, project-based recruitment, international recruitment, executive search, and recruitment process outsourcing.
Service Care Limited IPO Complete Details:
| IPO Date | 14 July 2023 to 18 July 2023 |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Face Value | 10 Rs. Per Share |
| Price | 63 to 67 Rs. |
| Lot Size | 2000 |
| Issue Size | 3,086,000 shares (Rs. 20.68 Cr) |
| Fresh Issue | 3,086,000 shares (Rs. 20.68 Cr) |
| Listing Date | 26 July 2023 |
Service Care Limited IPO Timetable:
| Activity | Date* |
|---|---|
| Opening Date | 14 July 2023 |
| Closing Date | 18 July 2023 |
| Allotment | 21 July 2023 |
| Initiation of Refunds | 24 July 2023 |
| Credit of Shares to Demat Account | 25 July 2023 |
| Listing Date | 26 July 2023 |
Company Financial Details:
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Borrowings |
|---|---|---|---|---|---|
| 31 March 2020 | 1,920.92 | 10,812.34 | 136.28 | 434.38 | 306.01 |
| 31 March 2021 | 2,019.92 | 8,933.38 | 23.46 | 457.84 | 314.56 |
| 31 March 2022 | 2,430.89 | 11,501.64 | 174.48 | 632.32 | 341.47 |
| 31 January 2023 | 3,181.30 | 13,217.29 | 302.34 | 1,134.66 |
AS OF NOW, the GMP OF Service Care Limited is Around 04 Rs.