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Home › IPOs › TeamLease Services Ltd.
TE
TeamLease Services Ltd.
CLOSED NSE & BSE Bookbuilding IPO Fresh Capital-cum-Offer for Sale TeamLease Services IPO GMP
GREY MARKET PREMIUM
₹ 0
No premium data
EST. LISTING PRICE
₹850
Issue Price: ₹ 850
Issue Price
₹850
Face Value
₹10
Lot Size
15 shares
Open Date
02 Feb 2016
Close Date
04 Feb 2016
Listing Date
12 Feb 2016
Exchange
NSE & BSE
TeamLease Services IPO About the Company

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

...read more
TeamLease Services IPO Objects of the Issue
Purpose Amount (₹ Cr)
1 Funding existing and incremental working capital requirements of our Company ₹80
2 Acquisitions and other strategic initiatives ₹25
3 Upgradation of the existing IT infrastructure ₹15
4 General corporate purposes ₹18
TeamLease Services IPO Lead Managers
Credit Suisse Securities (India) Pvt.Ltd. ICICI Securities Ltd. Dam Capital Advisors Ltd.
Financial Summary Amount In Crore
Metric 31-Mar-15 31-Mar-14 31-Mar-13
Total Assets 351 243 224
Revenue 2,018 1,538 1,262
PAT 30 18 4
Issue Details
Total Shares Offered
4,984,438 (100%)
Pre-Issue Shareholding
15,332,064 shares
Post-Issue Shareholding
17,096,769 shares
UPI Mandate
04 Feb 2016
IPO Analytics Dashboard
LIVE
TeamLease Services IPO GMP Insights
👤
Retail Demand
Weak
💼
HNI Interest
Good
🏦
QIB Demand
Strong
📊
Valuation
Moderate
TeamLease Services IPO GMP Strength Score
6 / 10 Moderate
0–3 Weak 3–6 Moderate 6–8 Good 8–10 Strong
TeamLease Services IPO Category-wise Subscription Shares offered, bid & amount
Category Sub (x) Offered Bid For
🏦 QIB — 3,730,843 (75%) —
💼 NII / HNI — 746,165 (15%) —
👤 Retail (RII) — 497,430 (10%) —
🧑‍💼 Employee — 10,000 (0%) —
Σ Total — 4,984,438 (100%) —

* Amount calculated at upper price band (₹850) ·  ** Total includes all investor categories

Subscription Overview Share allocation by investor category
🏦
QIB ? 3,730,843 (75%)
75%
💼
NII / HNI ? 746,165 (15%)
15%
👤
Retail (RII) ? 497,430 (10%)
10%
🧑‍💼
Employee ? 10,000 (0%)
0%
Total Shares Offered 4,984,438 (100%)
TeamLease Services IPO Application Sizing Minimum investment by category
👤 Retail Investors ?
Min. Lots 1
Shares / Lot 15
Min. Investment ₹12,750
💼 HNI Investors ?
Min. Lots 16
Min. Shares 240
Min. Investment ₹204,000
🏛️ bHNI (>₹10L) ?
Min. Lots 79
Min. Shares 1,185
Min. Investment ₹1,007,250
Investor Interpretation
  • Retail allocation is weak at 10% of the total offering.
  • HNI/NII demand is good at 15%.
  • Institutional (QIB) interest is strong at 75%.

This IPO has relatively lower interest or stretched valuation. Proceed with thorough research and caution.

STOCK PRICE HISTORY  ·  NSE
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Issue Price: ₹ 850  ·  Symbol: —
H —
L —
O —
TeamLease Services IPO Company Info
📍 Office No 6, 3rd Floor, C Wing, Laxmi Towers, Bandra Kurla Complex, Bandra (East), Mumbai 400 051, Maharashtra Mumbai, Maharashtra
Visit Website
TeamLease Services IPO Registrar
Kfin Technologies Ltd.
Check Allotment Status
TeamLease Services IPO FAQs
TeamLease Services IPO has already listed. Its last recorded GMP was ₹0. GMP is only indicative and never a guarantee of listing gains.
The issue price of TeamLease Services IPO is ₹850 per share. One lot has 15 shares, so the minimum investment is about ₹12,750. It is a Fresh Capital-cum-Offer for Sale issue.
TeamLease Services IPO opened on 02 Feb 2016 and closed on 04 Feb 2016. Shares are listed on NSE & BSE on 12 Feb 2016.
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.
As per the offer document, TeamLease Services plans to use the IPO proceeds for: 1 Funding existing and incremental working capital requirements of our Company (₹80); 2 Acquisitions and other strategic initiatives (₹25); 3 Upgradation of the existing IT infrastructure (₹15); 4 General corporate purposes (₹18).
The lead managers of TeamLease Services IPO are Credit Suisse Securities (India) Pvt.Ltd., ICICI Securities Ltd., Dam Capital Advisors Ltd..
TeamLease Services IPO is proposed to list on NSE & BSE; it is a Bookbuilding IPO and the issue is a Fresh Capital-cum-Offer for Sale.
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