TeamLease Services Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 3,730,843 (75%) | — | ₹31,712 Cr |
| NII (HNI) | — | 746,165 (15%) | — | ₹6,342 Cr |
| Retail | — | 497,430 (10%) | — | ₹423 Cr |
| Employee | — | 10,000 (0%) | — | ₹9 Cr |
| Σ Total | — | 4,984,438 (100%) | — | ₹423,677 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 15 | ₹12,750 |
| Retail (Max) | 13 | 195 | ₹165,750 |
| S-HNI (Min) | 14 | 210 | ₹178,500 |
| B-HNI (Min) | 67 | 1,005 | ₹854,250 |
Financial Statements Amount In Crore
| Metric | 31-Mar-15 | 31-Mar-14 | 31-Mar-13 |
|---|---|---|---|
| Revenue | 2,018 | 1,538 | 1,262 |
| Profit After Tax | 30 | 18 | 4 |
| Total Assets | 351 | 243 | 224 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1 Funding existing and incremental working capital requirements of our Company – 80.00
- 2 Acquisitions and other strategic initiatives – 25.00
- 3 Upgradation of the existing IT infrastructure – 15.00
- 4 General corporate purposes – 18.41
Company Overview
Incorporated in 2002, TeamLease Services is Mumbai India based human resource services and people supply-chain Company offering services to various small and large business clients. TeamLease offers employment and employability services.
TeamLease employment services include temporary staffing, permanent recruitment and regulatory consultancy for labor law compliance.
TeamLease employability offerings include different types of learning and training solutions, including retail learning solutions, institutional learning solutions and enterprise learning solutions.
TeamLease has over 1 lakh associate employees as of Nov 2015. Company has 8 regional offices and over 1000 full time employees.
Competitive strengths of TeamLease:
1. Market leading position with scale [over 5% market share]
2. Strong compliance practices that enable the company to build longstanding relationships with clients
3. Technological and operational excellence
4. Strong functional knowledge and expertise across industry sectors
5. Strong management and thought leadership in public policy initiatives and backing by marquee private equity investors