Genius Consultants Limited IPO
Genius Consultants Limited is an ISO IEC 27001:2013 certified 24 years young company and started its business operation with Permanent Staffing Solutions as its core competency under the leadership of Mr.R.P.Yadav (Chairman & Managing Director). Subsequently, Genius diversified its operation into Flexi Staffing Solutions which was launched in 2001 that deals with the outsourcing of manpower. During the course of its further diversification, Genius has launched five of its featured products, namely Payroll Processing Services, Background Checks & Verification Services, Statutory Compliances Management, Facility Management Services and Payroll/HRMS Software.
Genius has managed marquee clients by providing the technical platform for processing the employee’s Leave, Attendance, Income Tax, Salary, Statutory, Disbursement, Appraisal, Training etc. Genius is also shown its expertise on an integration of biometric and GEO tracking attendance through the mobile device.
Genius provides services for Flexi Staffing, Permanent Staffing, Payroll Processing, Background Check, Compliance Management, HRMS and Payroll Software and Facility Management.
Our Company is promoted by Mr. Rajendra Prasad Yadav, who has over two decades of experience in the HR services industry and Ms. Reeta Yadav, who has been instrumental in our growth. Our senior management comprises individuals, including national heads who lead the different verticals within our HR Solutions offerings, with significant experience in the HR services industry and who have been associated with our Company on an average for 15 years.
We have a pan-India presence through 15 branch and area offices across 14 states, including our Registered and Corporate Office at Kolkata, covering over 950 locations across the country as on February 5, 2018. We are present across major cities in India, including Kolkata, Delhi, Mumbai, Chennai, Bengaluru, and Hyderabad, among others.
1. Diverse client base including several marquee e customers with a focus on client retention
2. Leading and established player in the HR Solutions industry with robust financial performance
3. Scalable business model with a pan-India presence
4. Technological and operational excellence
5. Experienced management supported by quality human capital
1. Foray into security services, HR BPO and sale of new software and increased focus on FMS
2. Increase geographic presence in India and overseas and continue to focus on client acquisition
3. Expand through inorganic growth and strategic acquisitions
4. Increased focus on the BFSI sector, retail and e-commerce industries with further penetration in other
Objects of the Genius Consultants Limited IPO:
Genius Consultants Limited IPO are:
Offer for Sale The Offer includes an Offer for Sale of 1,000,000 Equity Shares by the Selling Shareholder. Our Company will not receive any proceeds from the Offer for Sale by the Selling Shareholder.
The objects for which the Net Proceeds of the Fresh Issue will be utilized are as set forth below.
a) Funding working capital requirements
b) Funding expenditure for upgrading the IT infrastructure
c) Funding capital expenditure for setting up branch offices at the New Locations (defined below) and relocation
of branch offices at Mumbai and Chennai
d) Funding strategic acquisitions and initiatives
e) General corporate purposes
Genius Consultants Limited IPO Details:
|| ₹ 10 Per Equity Share
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