- POSITIVE
Annual Revenue Coreintegra Consulting Mar-2026 Annual Revenue is Rs 516 Cr which is growth of 27.6% YoY.
- POSITIVE
Annual Net Profit Coreintegra Consulting Mar-2026 Annual Net Profit is Rs 3 Cr which is growth of 5.0% YoY.

Coreintegra Consulting Services Ltd. IPO Details
Coreintegra Consulting Services was incorporated on April 02, 2009. The company provides integrated human resource solutions covering staffing, recruitment, payroll outsourcing, labour law compliance, HR advisory, vendor management and regulatory services. It also offers proprietary HR-Tech and Reg-Tech platforms to digitise HR processes, manage employee lifecycles, enhance workforce capabilities and support regulatory compliance
| Bidding Dates |
|---|
| 23 Sep 2026 - 25 Sep 2026 |
| Subscription |
|---|
| 1.38x Oversubscribed |
| Check Allotment Status |
|---|
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹236,800 | 2 | 2 | 1600 | 2.8 M | ₹74 - ₹78 | 68.03 % | ₹208.6 M - ₹219.9 M | RHP DOC |
Coreintegra Consulting IPO SUBSCRIPTION STATUS
25 Sep '26Coreintegra Consulting IPO overall subscription rate was 1.38 times the total available shares
Coreintegra Consulting IPO retail subscription rate was 1.74 times in the retail segment
Coreintegra Consulting IPO non-institutional investor subscription rate was 4.48 times in the non-institutional investor category
Coreintegra Consulting IPO Qualified Institutional Bidder subscription rate was 0.2 times the available shares for Qualified Institutional Bidder
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 35% | 15% | 50% |
25 Sep 2026 (Day 3) | 1.74x | 4.48x | 0.2x |
24 Sep 2026 (Day 2) | 0.39x | 1.66x | 0.2x |
23 Sep 2026 (Day 1) | 0.07x | 0.07x | 0.2x |
Coreintegra Consulting FINANCIALS
| Period | Revenue from Operations (Rs in crore) | Net Profit (Rs in crore) | Cash Flow from Operations (Rs in crore) | Free Cash Flow (Rs in crore) | Margins |
| FY26 | 515.1 | 4.5 | -3.1 | -8.1 | 1.2% |
| FY25 | 402.6 | 3.5 | 1.4 | -2.4 | 1.0% |
| FY24 | 366.4 | 4.9 | 7.5 | 4.4 | 1.6% |
Coreintegra Consulting IPO SUBSCRIPTION STATUS DETAILS
Coreintegra Consulting has 2.8 M shares on offer
Coreintegra Consulting IPO offer price is in the range ₹74 - ₹78
Coreintegra Consulting IPO minimum Investment is ₹236800
Coreintegra Consulting IPO issue size is ₹ 208.6 M - ₹ 219.9 M
Coreintegra Consulting has a minimum lot size of 1600 Shares per application
Coreintegra Consulting NUMBER OF SHARES ON OFFER
Coreintegra Consulting IPO IMPORTANT DATES
| Issue Open Date | 23 Sep 2026 |
| Issue close Date | 25 Sep 2026 |
| Allotment Date | 28 Sep 2026 |
| Refund Date | 29 Sep 2026 |
| Demat Account Credit Date | 29 Sep 2026 |
| Listing Date | 30 Sep 2026 |
| Listing on Exchange(s) | NSE |
| Coreintegra Consulting Allotment Status | Exchange/ Registrar |
Coreintegra Consulting IPO subscription opens on 23 Sep 2026, and closes on 25 Sep 2026
IPO allotment for Coreintegra Consulting is expected to be finalized on Monday, 28 Sep 2026
IPO listing for Coreintegra Consulting will be on NSE on Wednesday, 30 Sep 2026
Coreintegra Consulting Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Coreintegra Consulting Services Ltd. | 78 | 81.8 | 18.1 | 0.6 | 0.2 | 16.5 | 6.6 | 516.3 | 27.7 | 4.5 | 30.4 | 4.3 | 30.4 |
| International Gemological Institute Ltd. | 330.6 | 14285 | 23.4 | 1 | 10.5 | 47.8 | 38.3 | 1661.9 | 52.7 | 711.2 | 66.4 | 14.1 | 24.3 |
| Indiabulls Ltd. | 29.8 | 6957 | 16.6 | 0 | 6.3 | 8.9 | 6.6 | 880.8 | 172602 | 273.9 | 501.6 | 1.8 | 739.2 |
| SIS Ltd. | 418.4 | 5913.9 | 40.4 | 0.2 | 0.3 | 5.4 | 1.8 | 16030.1 | 20.9 | 137.8 | 1069.1 | 10.4 | 261.6 |
| eMudhra Ltd. | 653.4 | 5411.3 | 47 | 1.8 | 7.3 | 11.8 | 8.9 | 713.2 | 35.1 | 107.8 | 27.4 | 13.9 | 25.5 |
| Network People Services Technologies Ltd. | 1796.3 | 3747.7 | 91.8 | 4.1 | 17.2 | 9.3 | 8 | 209.4 | 15.9 | 40.8 | -9.7 | 19.6 | 22.4 |
Coreintegra Consulting annual results: revenue, profit, P&L, and margins as of Mar 2026 – 11 year history
| Indicator | Graph | CAGR 3 Yrs | CAGR 5 Yrs | Mar '26 | Mar '25 | Mar '24 | Mar '23 | Mar '22 | Mar '21 |
|---|---|---|---|---|---|---|---|---|---|
16.5% | 21.3% | 515.6 | 404 | 377.1 | 325.9 | 279.4 | 196.2 | ||
Operating Exp. Ann. | 16.6% | 21.6% | 509.5 | 398.6 | 370.1 | 321 | 275.8 | 191.9 | |
Operating Profit Ann. | 8.6% | 8.7% | 5 | 3.6 | 4.9 | 3.9 | 3 | 3.3 | |
OPM Ann. % | -6.3% | -10.4% | 0.98% | 0.88% | 1.30% | 1.19% | 1.08% | 1.70% | |
16.6% | 21.5% | 511.7 | 400.5 | 372 | 322.5 | 277 | 193.3 | ||
EBITDA Ann. | 8.2% | 7.6% | 6.2 | 5.4 | 7.1 | 4.9 | 3.7 | 4.3 | |
EBITDA Ann. margin % | -7.4% | -11.2% | 1.20% | 1.33% | 1.87% | 1.51% | 1.31% | 2.17% | |
Interest Ann. | - | -7.8% | 0.2 | 0 | 0 | 0 | 0.1 | 0.3 | |
Depr. | 14.5% | 16% | 2.1 | 1.8 | 1.9 | 1.4 | 1.1 | 1 | |
PBT Ann. | -1% | 16.3% | 3.4 | 3.6 | 5.1 | 3.5 | 2.5 | 1.6 | |
Tax Ann. | - | - | -0.1 | 0.5 | 1.1 | 0.2 | 0.4 | 1.3 | |
1% | 62.5% | 3.4 | 3 | 4 | 3.3 | 2 | 0.3 | ||
Net Profit Ann. | 1% | 62.5% | 3.4 | 3.3 | 4 | 3.3 | 2 | 0.3 | |
NPM Ann. % | -12.9% | 34.5% | 0.66% | 0.81% | 1.07% | 1.00% | 0.72% | 0.15% | |
EPS Adj. latest Ann. | 2.1% | 61.5% | 3.3 | 3.1 | 3.8 | 3.1 | 1.9 | 0.3 |
Coreintegra Consulting INFORMATION ON IPO ISSUE
About Coreintegra Consulting
Coreintegra Consulting Services was incorporated on April 02, 2009. The company provides integrated human resource solutions covering staffing, recruitment, payroll outsourcing, labour law compliance, HR advisory, vendor management and regulatory services. It also offers proprietary HR-Tech and Reg-Tech platforms to digitise HR processes, manage employee lifecycles, enhance workforce capabilities and support regulatory compliance
Object of the Issue
- Augmenting leadership team for the company
- Enhancing the visibility and awareness of their brand
- Capital expenditure towards upgrading the existing IT infrastructure
- General corporate purposes
Coreintegra Consulting - PROMOTERS
| Name |
|---|
| Sriram Natarajan |
| Sangeetha Sriram |
| Gaurav Bali |
Coreintegra Consulting - MANAGEMENT & LEADERSHIP
| Name | Designation |
|---|---|
| Sriram Natarajan | Chairman & Non-Executive Director |
| Sangeetha Sriram | Non-Executive Director |
| Mahesh Krishnamoorthy | Managing Director |
| Amitava Ghosh | Non – Executive Independent Director |
| Rajeshwar Tripathi | Non – Executive Independent Director |
| Manav Ravindranath Dhanda | Non – Executive Independent Director |
| Sanjeev Kumar Chauhan | Non – Executive Independent Director |
Coreintegra Consulting Book Running Lead Manager
Marwadi Chandarana Intermediaries Brokers Private Limited
mb@marwadichandarana.com
Coreintegra Consulting Registrar to the Offer
Purva Sharegistry (India) Private Limited
newissue@purvashare.com
Coreintegra Consulting Strengths
Technology driven HR solutions
The company has evolved from an HR services and staffing provider into a scalable, technology-driven HR solutions company with proprietary platforms and plug-and-play integrations developed since Fiscal 2015. Its platforms are designed for high availability, easy access and scalability, with four registered software copyrights in India covering Ctrl F, Core X, Core PFT and Core Pay
Diversified industry presence
The company provides services and solutions across more than 30 industries, including banking, automotive, healthcare, IT, manufacturing, logistics, retail, real estate, power and technology. Its broad industry expertise and understanding of customer requirements enable it to tailor technology solutions and support clients’ digital transformation initiatives
Pan-India presence
The company has a presence across 23 states and 4 union territories, serving clients in over 1,500 locations through strategically placed branch offices across major regions of India. Its technology-enabled compliance capabilities and understanding of central and state-specific labour laws support efficient, transparent and tailored compliance solutions for clients across industries
Coreintegra Consulting Risks
Cybersecurity risks
The company relies on information technology systems to store, process and manage employee, deputee and customer data, making it exposed to cybersecurity breaches and system disruptions. Despite security measures such as firewalls, encryption, virtual private clouds and cybersecurity insurance, any breach could result in data leakage, remediation costs, liabilities, reputational damage and adverse effects on its financial performance and cash flows
Service quality risks
The company’s revenue and client relationships depend on delivering services that meet agreed quality and performance standards. Errors, service disruptions or failure to meet contractual requirements could lead to payment delays, contract non-renewals, client claims, litigation costs, reputational damage and adversely affect its business, financial performance and future prospects
Competition
The company operates in a highly competitive and fragmented apparel market, competing with organised and unorganised players on quality, customer satisfaction, product variety and pricing. Intense competition or inability to respond to changing customer preferences could lead to pricing pressure, lower margins, loss of market share and adversely affect its business and financial performance
IPO FAQs
The promoters of the company are Sriram Natarajan, Sangeetha Sriram and Gaurav Bali.
The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.
The price band of the IPO is Rs 74.0 - 78.0.
The IPO application opens on Sep 23, 2026 and closes on Sep 25, 2026.
The minimum lot size for the IPO is 3200. The maximum lot size for the IPO is 3200.
For all category investors, the minimum application amount for this IPO is Rs. 236,800.0, the maximum value for this IPO is Rs 249,600.0.
This IPO will be allotted on Sep 28, 2026.
The refund will be credited to your account on Sep 29, 2026.
The allotted shares will be credited to your demat on Sep 29, 2026.
Coreintegra Consulting Services Ltd.’s shares will list on the stock exchanges on Sep 30, 2026.
