Platinumone Business Services IPO bidding began on September 2, 2021 and finished on September 7, 2021. 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.
Platinumone Business Services IPO is a fixed price issue of Rs 3.89 crores. The issue is entirely a fresh issue of 4.22 lakh shares. PlatinumOne Business Services Limited offers mid-size and big corporations customer acquisition-specific Business Process Management Services (BPMS). The company provides services in a variety of industries, including FMCG, Real Estate, Furniture, Insurance, Consumer Durables, and so on. Lead Conversion, Customer Care, Channel Management, Lead Generation, and Loyalty Programme are among the process
solutions provided by their Call Centres. The company is based in Maharashtra and has branches in Delhi and Kolkata. 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
Platinumone Business Services IPO Promoter Holding
|Share Holding Pre Issue||100%|
|Share Holding Post Issue||73.31%|
- Strict adherence to quality standards.
- Focus on quality service.
- Experienced Management Team.
- Innovative process solutions.
- Skilled IT team, Excellent Infrastructure, and highest quality of Technology.
- Safe & friendly working environment for employees.
Objects of the Issue (Platinumone Business Services IPO Objectives)
The net proceed from the IPO will be utilized towards the following purposes;
- Funding the working capital requirements of our Company
- General Corporate purpose.
Platinumone Business Services IPO FAQs
Q1. What is Platinumone Business Services IPO?
Ans. Platinumone Business Services IPO is a SME IPO of 422,400 equity shares of the face value of ₹10 aggregating up to ₹3.89 Crores. The issue is priced at ₹92 per share. The minimum order quantity is 1200 Shares. The IPO opens on September 2, 2021, and closes on September 7, 2021. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Q2. When Platinumone Business Services IPO will open?
Ans. The Platinumone Business Services IPO opens on September 2, 2021 and closes on September 7, 2021.
Q3. What is the lot size of Platinumone Business Services IPO?
Ans. Platinumone Business Services IPO lot size is 1200 Shares, and the minimum amount required is ₹110,400.
Q4. When is Platinumone Business Services IPO allotment?
Ans. The finalization of Basis of Allotment for Platinumone Business Services IPO will be done on Monday, September 13, 2021, and the allotted shares will be credited to your demat account by Wednesday, September 15, 2021.
Q5. When is Platinumone Business Services IPO listing date?
Ans. The Platinumone Business Services IPO listing date is on September 16, 2021.