PlatinumOne Business Services IPO Details

PlatinumOne Business Services IPO Date, Price, GMP, Review, Allotment, Subscription, Analysis & Documents

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About PlatinumOne Business Services

The company is engaged in the business of providing Business Process Management Services. Business Process Management Services (BPMS) has an endless reach in today’s market. In today’s business world mid-size companies to large corporate are focusing on the outsourcing models for their various activities. India’s cost competitiveness in providing IT services, which is approximately 3-4 times cheaper than the US, continues to be the mainstay of its Unique Selling Proposition (USP) in the global sourcing market. Since BPMS being an endless market, the company focused on a special area in BPMS which is Customer Acquisition.

The company provides services to mid-size and large corporates to fulfill their Customer Acquisition needs. The company provides services in various industries namely FMCG, Real Estate, Furniture, Insurance, Consumer Durables etc. The tailor-made solutions offer customized engagement models to facilitate the ease of doing their business.

The company provides processes like Lead Conversion, Customer Care, Channel management, Lead Generation, and Loyalty programs being delivered through their Call Centres. Additionally, Sales Enablement is a service delivered through a Team of Domain Experts empowering Sales Partners face to face or digitally. The company has a dedicated team of professionals comprising of experienced personnel in every Industry.

PlatinumOne is an Outsourcing company with most processes like Lead Conversion, Customer Care, Channel Management, Lead Generation, and Loyalty Program being delivered through their Call Centres. Additionally, Sales Enablement is a service delivered through a Team of Domain Experts empowering Sales Partners face to face or digitally.

Important Details – PlatinumOne Business Services

DateDetails
July 30, 2008The company was originally incorporated as PlatinumOne Wealth Advisors Private Limited in Mumbai, Maharashtra as a private limited company
January 20, 2015The company name was changed to PlatinumOne Business Services Private Limited.
July 30, 2020The company was converted into a Public Limited Company and the name of the company was changed to “PlatinumOne Business Services Limited”

Objects of the Issue

  • To Meet working capital requirement
  • General Corporate Purposes

PlatinumOne Business Services Limited Financials:

Summary of financial Information (Restated Consolidated Statement)

Particulars For the year ended (₹ in Lakhs)
  31-Mar-21 31-Mar-20 31-Mar-19
Total Assets 1,399.13 1,409.06 1,154.90
Total income 2,020.80 2,618.00 1,839.24
Profit After Tax 107.55 204.32 175.66

PlatinumOne Business Services IPO Price – Details

DetailsPlatinumOne Business Services IPO Details
Public IssueInitial Public offer of 4,22,400 Equity Shares of Rs.10 aggregating up to Rs.3.89 crore
Issue Open  Date02-Sep-21
Issue Close Date07-Sep-21
Issue TypeFixed Price
IPO Price Band₹ 92
Face Value ₹ 10
Market Lot 1200 Equity Shares and in multiples thereof
Minimum Order Quantity 1200 Equity Shares
Maximum Subscription Amount for Retail InvestorRs. 2,00,000
Listing BSE SME
NSE SymbolPOBS
IPO Market Timings 10.00 a.m. to 5.00 p.m.

PlatinumOne Business Services IPO Lot Size

ApplicationLotsNo of SharesAmount (Rs)
Minimum11200₹ 1,10,400
Maximum11200₹ 1,10,400

PlatinumOne Business Services IPO Lead Managers

  • Gretex Corporate Services Pvt Ltd

PlatinumOne Business Services Registrar

  • Bigshare Services Private Limited

PlatinumOne Business Services IPO Allotment Date, Listing Date and other Important Dates

DetailsDate
Bid / Offer Opens on02-Sep-21
Bid / Offer Closes on07-Sep-21
Finalisation of Basis of Allotment13-Sep-21
Initiation of refunds 14-Sep-21
Credit of the Equity Shares15-Sep-21
Commencement of trading – Listing16-Sep-21

Company Peers – Comparison of Accounting Ratios

Name of CompanyFace Value Total income, for Financial Year 2021
(in ₹ Lakh)
NAV, as on March 31, 2021
(₹ per share)
PlatinumOne Business Services Limited102,014.1656.51
Allsec Technologies Ltd1018,865.0092.27
Firstsource Solutions Ltd101,32,474.0029.77
eClerx Services Ltd101,19,740.00300.49

Company Registered Office

Unit No. 0907 & 0908,
Lodha Supremus II,
Plot No. F-4 & F-4/1,
Rd No.22, Wagle Estate,
Thane – 400604,
Maharashtra, India

Company Promoters

  • Platinum Power Wealth Advisors Pvt Ltd
  • Amey Narendra Saxena,
  • Ratul Lahiri and
  • Vivek Yogendra Kumar

PlatinumOne Business Services IPO – FAQS

What is the Platinumone Business Services IPO Price?

The Platinumone Business Services IPO price band is 92 per share

When Platinumone Business Services IPO will open?

The Platinumone Business Services IPO opens on Sep 02, 2021 and closes on Sep 07, 2021

What is the lot size of Platinumone Business Services IPO?

The Platinumone Business Services IPO lot size is 1200 Equity Shares and the minimum order quantity is 1200 Equity Shares

Who is the Registrar for Platinumone Business Services IPO?

The Registrar for Platinumone Business Services IPO is Bigshare Services Private Limited

How to apply in Platinumone Business Services IPO through UPI?

Check the step by step process here – Click here

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