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- Team Lease offers IPO, Price Band: Rs.785-850
The country's largest recruitment firm Teamlease Services came with IPO and can be applied for from February 2-4 .
Price band set for this is between Rs.785-850.
From this fresh issue company will bring 150 crore, by issuing 32.2 million sharers.
Company's Status:
Company's Status:
From the past 4 years, annual financial growth of company is 30%.
The company's revenue in fiscal year 2014-2015 was Rs 2018 crore . The company's revenue in the first half of fiscal 2015-2016 to 25 % and reached Rs 1,215. While the net profit fell 36 percent and come to Rs 11 crore.
According to the Experts the price band of the IPO is very high, but response is good.