Coreintegra Consulting Services IPO
Coreintegra Consulting Services IPO is an SME IPO raising ₹22 Cr at ₹74 – ₹78 a share. It listed on 30 Sept 2026 at ₹78, +0.1% against its issue price of ₹78, and trades at ₹113 today (+44.9% since issue). It was subscribed 2.07× in total.
2.1 times more demand than shares on offer
populated partly populated we hold nothing here — the tab says why
Where your money goes
Only the fresh issue reaches the company. The offer for sale is existing shareholders selling their own stock — that money goes to them, not the business.
A red herring prospectus is filed before the price is fixed, so it states share counts rather than rupee amounts. derived: shares x cut-off price Rs78 + OFS by subtraction from exchange total Rs22 Cr. Checked: exchange issue size Rs22 Cr vs derived Rs22 Cr (0.0% apart).
What the fresh money funds
The stated uses of the net proceeds, from the prospectus’s Objects of the Issue table. Only the fresh issue funds these — the offer-for-sale money goes to the selling shareholders above.
As stated in the prospectus. “General corporate purposes” is the part with no committed use; SEBI caps it at 25% of the issue.
The price they’re asking
From the prospectus’s own “Basis for Issue Price” — the issuer’s earnings multiple against the peers it chose to compare itself with.
Priced 30% below the median multiple of the peers the issuer itself names.
| Listed peer (issuer’s choice) | P/E | RoNW | EPS |
|---|---|---|---|
| Team Lease Services Limited | 14.74× | 13.55% | ₹83.3 |
| Quess Corp Limited | 23.06× | 19.05% | ₹14.85 |
| This issue | 13.3× | 16.46% | ₹5.88 |
derived: cut-off price Rs78 / stated EPS Rs5.88 (FY26 (year ended March 31, 2026) Basic & Diluted EPS, post-bonus, restated consolidated, as per Restated Financial Statements). Peer figures are as printed in the prospectus — they date from its filing, not today. A multiple is one lens, not a verdict.
Terms of the issue
The mechanics of what is being sold. Held for every issue we track.
Not here yet
The anchor-investor allocation — which institutions were allotted shares before bidding opened — is still to be read out of its document.