The Platinumone Business Services date has been confirmed from September 2 and ended on September 7
The Platinumone Business Services IPO allotment was completed on Monday, September 13, 2021. On September 16, 2021, the shares will be launched on the BSE SME. The IPO price of Platinumone Business Services is $92 per share. The minimum lot size for an application is 1200 shares. Retail investors must make a minimum investment of 110,400.
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Bidding Dates
September 7 – 9
Price Range
₹92 per share
Face Value
₹10 per share
GMP
Coming Soon
Platinumone Business Services GMP
The Platinumone Business Services IPO GMP is ₹[].
IPO Overview
Platinumone Business Services IPO is a new offering of 4.22 lakh shares at a fixed price of Rs 3.89 crores. PlatinumOne Business Services Limited specializes in providing Business Process Management Services (BPMS) tailored for customer acquisition to mid-size and large corporations.
They offer various services in various industries, such as FMCG, Real Estate, Furniture, Insurance, and Consumer Durables. Their Call Centres provide solutions like Lead Conversion, Customer Care, Channel Management, Lead Generation, and Loyalty Programmes.
The company is headquartered in Maharashtra and has branches in Delhi and Kolkata. Some of their notable clients include Godrej Properties, Godrej Interio, Edelweiss Tokio Life, Tally, Lodha Group, Hafele, Reliance Nippon, and Capital Foods.
Platinumone Business Services IPO Details
| IPO Date | September 2, 2021 to September 7, 2021 |
| Listing Date | September 16, 2021 |
| Face Value | ₹10 per share |
| Price | ₹92 per share |
| Lot Size | 1200 Shares |
| Total Issue Size | 422,400 shares (aggregating up to ₹3.89 Cr) |
| Fresh Issue | 422,400 shares (aggregating up to ₹3.89 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Market Maker portion | 21,600 shares |
Platinumone Business Services IPO Timeline
| IPO Open Date | Thursday, September 2, 2021 |
| IPO Close Date | Tuesday, September 7, 2021 |
| Basis of Allotment | Monday, September 13, 2021 |
| Initiation of Refunds | Tuesday, September 14, 2021 |
| Credit of Shares to Demat | Wednesday, September 15, 2021 |
| Listing Date | Thursday, September 16, 2021 |
| Cut-off time for UPI mandate confirmation | 5 PM on September 7, 2021 |
Platinumone Business Services IPO Reservation
| Investor Category | Shares Offered |
| Anchor Investor Shares Offered | – |
| Market Maker Shares Offered | 21,600 (5.11%) |
| Other Shares Offered | 200,400 (47.44%) |
| Retail Shares Offered | 200,400 (47.44%) |
| Total Shares Offered | 422,400 (100%) |
Platinumone Business Services IPO Lot Size
Investors can bid for a minimum of 1200 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Share | Amount |
| Retail (Min) | 1 | 1200 | ₹110,400 |
| Retail (Max) | 1 | 1200 | ₹110,400 |
Platinumone Business Services IPO Promoter Holding
| Share Holding Pre Issue | 100% |
| Share Holding Post Issue | 73.31% |
Company Profile
The company specializes in offering Business Process Management Services. BPMS has a broad reach in today’s market. India’s cost advantage in providing IT services, which is around 3-4 times cheaper than the US, remains its main strength in the global sourcing market. It has a dedicated team of professionals comprising experienced personnel in every Industry. PlatinumOne is an Outsourcing company with processes like Lead Conversion, Customer Care, Channel Management, Lead Generation and Loyalty Programs delivered through their Call Centres.
The company offers FMCG, Real Estate, Furniture, Insurance, and Consumer Durables services. They provide personalized solutions with customized engagement models to make business operations easier. The company’s call centers handle processes like Lead Conversion, Customer Care, Channel Management, Lead Generation, and Loyalty Program. Moreover, they offer Sales Enablement services through a team of domain experts who empower sales partners in face-to-face or digital interactions.
Registrar Info
| Name | Platinumone Business Services Limited |
| Phone number | +91-22-6263 8200 |
| Email ID | ipo@bigshareonline.com |
| Website | https://ipo.bigshareonline.com |
Contact Details
| Name | Platinumone Business Services IPOo World LIMITED |
| Phone number | +91 – 9152018640 |
| Email ID | info@platinumone.co.in |
| Website | https://platinumone.in |
IPO Strenghts
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
