Coreintegra Consulting To Launch SME IPO Of 35 Lakh Shares; Funds Aimed at IT, Leadership, And Brand Expansion

Mumbai, September 8, 2025: Coreintegra Consulting Services Limited has announced that it will soon launch its SME IPO. The IPO will be launched to raise fresh capital by offering 35,00,000 equity shares with a face value of ₹10 each. The price band and the issue size are yet to be announced by the company.

Coreintegra Consulting Services is a provider of manpower, human resources, and compliance solutions. The company was founded in 2009 and has its headquarters in Mumbai, India.

Entirely Fresh Issue With No Offer-For-Sale Element

The issue will be a completely fresh issue, with no element of offer-for-sale. The shares are proposed to be listed on the NSE Emerge platform. Marwadi Chandarana Intermediaries Brokers Pvt. Ltd. will be the book-running lead manager, while Purva Sharegistry (India) Pvt. Ltd. will serve as the registrar. The company will announce the price band and the bidding period some days ahead of the IPO launch. With the fresh issue of 35,00,000 shares, the company’s share capital will increase to 1,11,67,805 equity shares post-issue, from the pre-issue share capital of 76,67,805 equity shares.

Proceeds Aimed At IT, Leadership, And Brand Visibility

The company intends to use ₹872.38 lakh for IT infrastructure upgrades, ₹575.00 lakh for hiring senior leadership, and ₹450.00 lakh for brand visibility and awareness. The balance, which is capped at 15% of gross proceeds or ₹10 crore, will be used for general corporate purposes. Key focus areas include investments in cybersecurity, OCR and AI-enabled audit tools, cloud services, senior leadership expansion across operations, product, legal and marketing, and brand-building through events, PR, and digital outreach.

Financial Performance Snapshot

For FY25, Coreintegra reported revenue from operations at ₹40,262.74 lakh, Profit After Tax at ₹353.45 lakh, EPS (Basic/Diluted) at ₹4.61, Net Worth at ₹2,291.18 lakh, with Nil borrowings. The company’s customer concentration remains high, with the top-5 clients contributing 88.03% of revenue and the largest client accounting for 54.06%.

With a debt-free balance sheet and clear allocation of IPO proceeds toward IT and leadership expansion, Coreintegra appears poised for a strategic growth push. However, investors may also weigh the high revenue concentration from a few clients before making their bidding decision.

REF: https://nsearchives.nseindia.com/emerge/corporates/content/Registration_06092025023502_DRHPCoreintegra05092025.pdf

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