← All Indian IPOs

Coreintegra Consulting Services Limited IPO

Open now
NSE SME

23–25 Sep 2026

Expected Allotment 28 SepRefund 29 SepListing 30 Sep
Price band ₹74–₹78
GMP
Subscribed
Min to apply (retail) ₹2,49,600 1600 shares, one lot at the cap
↓ Download IPO analysis PDF

Latest update:

Price band ₹74–₹78 · Closes 25 Sep 2026 · Allotment 28 Sep 2026 (Expected) · Lists 30 Sep 2026 (Expected)

Offer document (RHP) ↗not cross-checked

What Coreintegra Consulting Services Limited does

Coreintegra Consulting Services Limited is a comprehensive human resource solutions provider, offering end-to-end services tailored to meet the evolving needs of businesses across diverse industries. The company offers targeted support in recruitment, staffing, payroll processing, HR advisory, and proprietary HR-Tech and Reg-Tech solutions.

EBITDA margin
1.2%
Debt / Equity
0.00x
[~] Profit not converting to cash: Operating cash flow is -68% of profit after tax. Less than half of reported profit arrived as cash — usually receivables or inventory build.

Coreintegra Consulting Services Limited financials

Rs crore  ·  Annual

Latest year highlighted in green. Sparklines show the trend.

202420252026
Sales 366403515
Operating Profit 646
OPM % 1.6%1.0%1.2%
Net Profit 535
Total Debt 000

Coreintegra Consulting Services Limited IPO offer structure

Fresh issue: ₹22 cr

The offer-for-sale component is not stated in what we extracted from the offer document, so the full issue size and the split between the two are unknown. This figure is the fresh issue alone, not the total raise. Fresh issue proceeds go to the company; OFS proceeds go to selling shareholders.

The document states these as share counts against a blank amount, because the price band is announced separately. Converted here at the cap of ₹78, with each count cited to its page.

Use of proceeds

Coreintegra Consulting Services Limited promoters and holding

Coreintegra Consulting Services Limited strengths and risks

Company-stated strengths and disclosed risk factors from the offer document.

Strengths
  • Technology Platforms built in-house covering all aspects of the human resource value chain. (p.142)
  • Deep domain expertise delivered through comprehensive solutions across industries. (p.142)
  • Wide geographic presence with efficient labour law compliance capabilities. (p.143)
  • Established long term relationship with clients leading to recurring business. (p.144)
  • Experience of our Promoter and management team. (p.145)
Risks
  • Our top five customers contribute a substantial portion of our revenues, and any loss of business from them may adversely affect our profitability. (p.25)
  • There are certain outstanding legal proceedings involving our Company, Promoters, Directors, and KMP/SMP which may adversely affect our business. (p.25)
  • Security breaches, disruptions to our information technology, or cyberattacks could result in liabilities and damage to our reputation. (p.26)
  • We depend significantly on clients operating in the IT/ITES and Infra industries in India, making us highly dependent on their performance. (p.27)
  • We depend on our proprietary technology for critical functions, and failure to maintain or upgrade it may result in disruptions. (p.28)

Coreintegra Consulting Services Limited peer comparison: DRHP median P/E 18.9x

Live BSE prices
Company CMP P/E OPM% ROE% Source
Team Lease Services Limited Rs 1,203 -1.3% 12.2x 1.4% 11.9% live
Quess Corp Limited Rs 360.4 -0.8% 21.3x 2.7% 7.6% live

P/E from offer document where live data unavailable. Not a fair-value judgement.

Coreintegra Consulting Services Limited market and competition

Core Integra operates in a fragmented market dominated by staffing-heavy players, positioning itself as one of the few integrated players offering staffing, payroll outsourcing, labour law compliance, and proprietary HR-Tech solutions under a single umbrella. The company has a market share of 0.19% as per the Ken Research report.

Coreintegra Consulting Services Limited outlook, as the document states it

Core Integra is uniquely positioned to capture the upcoming wave of labour law digitization, wage code enforcement, and ESG-linked compliance. With 5+ proprietary products under development and a clear investment roadmap into SaaS-based HR tech, the company is building a pipeline of offerings that could generate 40-45% margins.

Coreintegra Consulting Services Limited IPO: common questions

When does the Coreintegra Consulting Services Limited IPO open and close?

The Coreintegra Consulting Services Limited IPO is open from 23 Sep 2026 to 25 Sep 2026.

What is the Coreintegra Consulting Services Limited IPO price band?

The price band is ₹74–₹78 per share.

What is the lot size and minimum investment for the Coreintegra Consulting Services Limited IPO?

One lot is 1600 shares, and a retail application must be at least one lot. That is about ₹2,49,600 at the upper end of the band. An HNI application starts above Rs 2 lakh, so the minimum is higher for that category.

When are the Coreintegra Consulting Services Limited IPO allotment and listing dates?

Not published yet. Derived from the close date on the usual timetable: allotment around 28 Sep 2026, refund/unblock around 29 Sep 2026 and listing around 30 Sep 2026. Treat these as estimates until the exchange confirms them.

How do I apply for the Coreintegra Consulting Services Limited IPO?

Through any broker app or your bank's net banking, using a demat account and a PAN. You bid in lots at a price inside the band, or at cut-off. The money is blocked in your account, not debited, until allotment. One application per PAN. We do not recommend brokers and carry no broker links. How to apply, start to finish →

Sources & method

Subscription and issue data come from the NSE and BSE exchange feeds, with the third-party aggregator, clearly labelled, where an exchange feed is unreachable. DRHP analysis is extracted from the offer document itself, every figure cited to its page. Each figure on the page carries its source and its timestamp.

Grey-market premium (GMP) is unregulated.

Every GMP figure is a self-reported grey-market estimate. No exchange, regulator or clearing body records or audits it, and there is no settlement guarantee or recourse. Shown for context only; never decide on GMP alone. New to GMP? The 30-second explainer → Has GMP actually been right? →

How often do these actually open above the issue price?

Of the 709 SME IPOs that have listed on the NSE since 2016, 561 (79%) opened above their issue price, at a median of +11%. That is the segment's own record, not a forecast for this issue.

See whether GMP has actually been right, issue by issue →