Core Integra Consulting IPO: dates, price band, lot size and GMP
Core Integra Consulting IPO listed on 30 Sep at ₹78.1 (NSE SME). Issue dates 23 – 25 Sep 2026, price band ₹74 – ₹78, lot 1,600 shares. The shares now trade on the exchange; any pre-IPO price on this site is historical.
Updated 6 Oct 2026, 14:03 IST. Dated dealer references.
BuyUnlistedShares tracks 197 IPOs on its calendar; the Core Integra Consulting IPO has a price band of ₹74 – ₹78, a lot of 1,600 shares and no grey-market premium reported yet as of 06 Oct 2026.
Key details
| Board | SME |
|---|---|
| Issue dates | 23 – 25 Sep 2026 |
| Price band | ₹74 – ₹78 |
| Lot size | 1,600 shares |
| Issue size | ₹21.99 Cr |
| Fresh issue | ₹20.88 Cr |
| Subscription | 1.4x |
| Registrar | Purva Sharegistry (India) Pvt.Ltd. |
| Lead managers | Marwadi Chandarana Intermediaries Brokers Pvt.Ltd. |
| Status | Listed |
Timeline
- Issue opens: 23 Sep
- Issue closes: 25 Sep
- Allotment: 28 Sep
- Refunds: 29 Sep
- Demat credit: 29 Sep
- Listing: 30 Sep
Live subscription
| Category | Subscribed |
|---|---|
| QIB | 1.05x |
| NII | 1.46x |
| sNII | 2.14x |
| bNII | 1.12x |
| Retail | 1.42x |
| Total | 1.4x |
Last updated 25 Sep 2026, 6:55 PM IST.
Issue details
| Face value | ₹10 |
|---|---|
| Issue type | Book Build Issue |
| Listing at | NSE SME |
| Market cap at the upper band | ₹81.8 Cr |
| P/E (pre-issue) | 13.27x |
| P/E (post-issue) | 18.14x |
| Fresh issue (shares) | 26,76,800 |
| Total shares offered | 26,76,800 |
| Promoter holding pre-issue | 93.04% |
| Promoter holding post-issue | 68.03% |
| Promoters | Sriram Natarajan, Sangeetha Sriram, Gaurav Bali |
| Lead managers | Marwadi Chandarana Intermediaries Brokers Pvt.Ltd. |
| Registrar phone | 022-41343255 |
| Registrar email | newissue@purvashare.com |
| Company website | coreintegra.com |
Lot sizes by investor category
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail (minimum) | 1 | 1,600 | ₹2,49,600 |
| Retail (maximum) | 2 | 3,200 | ₹2,49,600 |
| sNII (minimum) | 3 | 4,800 | ₹2,49,600 |
| bNII (minimum) | 3 | 4,800 | ₹11,23,200 |
Reservation
| Category | Share of issue | Shares offered | Basis |
|---|---|---|---|
| QIB | 10% | 2,67,200 | Not more than 9.98% of the Net Issue |
| NII (HNI) | 44.9% | 12,03,200 | Not less than 45.07% of the Net Issue |
| sNII | 15% | 4,01,600 | |
| bNII | 29.9% | 8,01,600 | |
| Retail | 45.1% | 12,06,400 | Not less than 44.95% of the Net Issue |
| Market Maker | 5.3% | 1,42,400 |
Subscription by day
| Day | QIB | NII | sHNI | bHNI | Retail | Total |
|---|---|---|---|---|---|---|
| Day 1 · 23 Sep | 1.05x | 0.02x | 0.07x | 0.00x | 0.06x | 0.14x |
| Day 2 · 24 Sep | 1.05x | 0.46x | 0.90x | 0.25x | 0.32x | 0.46x |
| Day 3 · 25 Sep | 1.05x | 1.46x | 2.14x | 1.12x | 1.42x | 1.40x |
Key ratios as of 31 Mar 2026
| EPS (pre-issue) | ₹5.88 |
|---|---|
| EPS (post-issue) | ₹4.3 |
| P/E (pre-issue) | 13.27x |
| P/E (post-issue) | 18.14x |
| RoCE | 20.19% |
| RoE | 17.94% |
| PAT margin | 0.87% |
| EBITDA margin | 1.17% |
| Price / book | 0.01x |
| NAV per share | ₹35.74 |
| Market cap (upper band) | ₹81.8 Cr |
Financials (₹ Cr)
| Metric | FY26 | FY25 | FY24 | FY26 vs FY25 |
|---|---|---|---|---|
| Assets | 68.51 | 56.8 | 49.96 | +20.6% |
| Total Income | 516.3 | 404.39 | 368.44 | +27.7% |
| Profit After Tax | 4.51 | 3.46 | 4.94 | +30.3% |
| EBITDA | 6.01 | 4.2 | 5.81 | +43.1% |
| NET Worth | 27.41 | 22.89 | 19.43 | +19.7% |
| Reserves and Surplus | 19.74 | 22.88 | 19.42 | −13.7% |
About Core Integra Consulting
Incorporated in 2009, Core Integra Consulting Services Limited is an integrated human resource solutions provider offering staffing, payroll outsourcing, labour law compliance, HR advisory, vendor management, and proprietary HR-Tech and Reg Tech platforms under one umbrella.
The company operates across five verticals: HR Services, Vendor Management, Compliance & Advisory, Reg Tech, and HR Tech Solutions. Its proprietary platforms include CoreX and Core Pay (HR Tech) and Ctrl-F and Core-PFT (Reg Tech).
Between Fiscal 2023 and 2025, Core Integra served 500+ customers across 30+ industries and 1,500+ client locations in 20 states, supported by 7 branch offices.
Headquartered in Mumbai, Core Integra also operates regional offices in Pune, Solapur, Bangalore, Chennai, Delhi, and Kolkata, reinforcing its Pan-India presence.
In Fiscal 2025, the company served 384 customers, with 6 of its top 10 customers associated for more than 3 years.
As of July 31, 2025, the company had 243 skilled employees.
Objects of the issue
- Capital expenditure towards upgrading the existing IT infrastructure — ₹11.76 Cr
- Augmenting Leadership Team for the Company — ₹5.75 Cr
- Enhancing the visibility and awareness of the brand — ₹0.5 Cr
- General corporate purposes — ₹1.76 Cr
- Issue Expenses — ₹2.22 Cr
Net proceeds: ₹21.99 Cr
Peer comparison
| Company | EPS (Basic) | EPS (Diluted) | NAV (₹ per share) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Coreintegra Consulting Services (issuer) | 5.88 | 5.88 | 35.74 | — | 16.46% | — | Restated |
| Team Lease Services | 83.3 | 83.3 | 622.12 | 28.04x | 13.55% | 2.92 | Consolidated |
| Quess Corp | 14.85 | 14.85 | 78.11 | 87.67x | 19.05% | 3.45 | Consolidated |
Notes: P/E Ratio has been computed based on the closing market price of equity shares on September 16, 2026 divided by the Post-Bonus Diluted EPS as on March 31, 2026.
Strengths (per the offer document)
- Wide geographic presence with efficient labour law compliance capabilities — Our company has established a presence in 23 states and 4 union territories in India by serving clients in more than 1500 locations.
- Established long term relationship with clients leading to recurring business — As of March 31, 2026, we have served over 600+ clients across various sectors, demonstrating our ability to cater to various business needs.
- Experience of our Promoter and management team — Our Promoters have played a key role in overseeing our rapidly expanding operations.
- Track record of high quality and efficient service delivery — We have consistently focused on providing quality services and follow a process-oriented approach to achieve this.
Risk factors (as disclosed by the company)
- Our top five customers contribute about 89.31%, 88.04% and 90.16% of our revenues for the financial year ended March 31, 2026, March 31, 2025 and March 31, 2024 — Our top five customers contribute to a substantial portion of our revenues for the year ended March 31, 2026, March 31, 2025 and March 31, 2024.
- There are certain outstanding legal proceeding involving our Company, Group Company, Promoters — There are certain proceedings pending at different levels of adjudication before various authorities, enquiry officers and appellate forums.
- Security breaches, any disruption to our information technology or cyberattacks could result in liabilities — In the normal course of business, we control, process and have access to personal information regarding our own employees, our Deputees, our customers.
- We depend significantly on our clients from different industries and are highly dependent on the performance — of their industry. A loss of, or a significant decrease in their business could adversely affect our business and profitability.
- We depend on our proprietary technology for critical functions of our business — business and ability to service clients may be adversely affected.
- Our business revenue from operations is concentrated in a few segments — Our service offerings include HR Services, Vendor Management, Compliance and Advisory, HR Tech Solutions, Professional Fees and Reg Tech Solution.
- Our inability to protect and further strengthen and enhance our brand and business reputation could adversely affect our business prospects and financial… — Our business reputation and the “CoreX”, “Core Pay”, “Ctrl F”, and Core PFT brands under which we market our solutions are critical to the success of our business.
- Our businesses are manpower intensive and our inability to attract and retain skilled manpower could have an adverse impact on our growth — manage our attrition, we may not be able to meet the expectations of our customers, which may have an adverse impact on our financial condition.
From the RHP (strengths pages 141–146, risk factors pages 25–30). Headings shortened; the wording is the company’s. Not a recommendation.
Offer documents: DRHP (PDF) · RHP (PDF)
Track this issue
- Core Integra Consulting IPO GMP today and trend
- Core Integra Consulting IPO subscription status, day by day
- Core Integra Consulting IPO allotment status and how to check
Frequently asked questions
When does the Core Integra Consulting IPO open and close?
The issue is scheduled for 23 – 25 Sep 2026.
What is the Core Integra Consulting IPO price band?
The price band is ₹74 – ₹78 per share with a lot size of 1,600 shares.
How big is the Core Integra Consulting IPO?
The total issue size is ₹21.99 Cr.
When will Core Integra Consulting list?
The tentative listing date is 30 Sep on the SME platform.
How do I apply for the Core Integra Consulting IPO?
Apply through your broker or bank using ASBA or UPI within the issue window; the amount stays blocked in your account until allotment. BuyUnlistedShares does not take applications; it tracks the issue and the unlisted price before it.
Sources
- Draft red herring prospectus (DRHP), Core Integra Consulting · as filed with SEBI · nsearchives.nseindia.com
- Red herring prospectus (RHP), Core Integra Consulting · as filed · nsearchives.nseindia.com
- Registrar allotment page, Purva Sharegistry (India) Pvt.Ltd. · allotment 28 Sep · purvashare.com
- NSE public issues page · listing 30 Sep · nseindia.com
- Core Integra Consulting company website · coreintegra.com
- BuyUnlistedShares IPO record: GMP, subscription and allotment, dated daily · GMP as of 30 Sep, 04:01 · buyunlistedshares.com
How to cite this page: BuyUnlistedShares, “Core Integra Consulting IPO”, https://buyunlistedshares.com/ipo/core-integra-consulting-ipo, as of 06 Oct 2026.
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Indicative reference price, dated. BuyUnlistedShares is India's premium unlisted shares desk: the unlisted and pre-IPO dealing desk of Gayatri Financial Synergy, Faridabad, in the market since 2002. Reviewed by the BuyUnlistedShares desk before publishing. Data as of 06 Oct 2026.
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