TeamLease Services Ltd. share price target

Offer for Sale: The objects of the Offer are to achieve the benefits of listing on the Stock Exchanges and for the sale of Equity Shares by the Selling Shareholders. Further, Company expects that the listing of the Equity Shares will enhance their visibility and brand image among their existing and potential clients and provide liquidity to the existing shareholders. Company will not receive any proceeds from the Offer for Sale and all the proceeds will go to the Selling Shareholders....

TeamLease Services Ltd (TSL) is one of India's leading providers of human resource services in the organized segment. It's staffing business accounts for 98.8% of the revenues while HR services accounts for the balance. It has a market share of ~6% in the Indian Flexi-staffing Industry. It delivers staffing services across industries like..

The Company will not receive any proceeds of the Offer for Sale by the Selling shareholder (Gaja Capital India Fund-I (GCIF) (275,977 eq. sh.), Gaja Advisors Private Limited (GAPL) (76,660 eq. sh.), GPE (India) Ltd. (GIL) (1,180,569 eq. sh.), India Advantage Fund S3 I (IAF) (1,533,206 eq. sh.) and HR Offshoring Ventures...