Security and Intelligence Services India (SIS India) is a leading provider of private security and facility management services in India. Its portfolio of services includes Private Security Services and Facility Management Services. Within the Private Security Services vertical, it offers Security Services, Cash Logistics Services, Electronic Security Services and Home Alarm Monitoring and Response Services.
SIS India has entered into strategic relationships in India with several multinational companies. For cash logistics and alarm monitoring and response businesses, it has entered into joint ventures with affiliates of Prosegur Compañía de Seguridad, S.A., a global player in cash management and alarm monitoring. It has also entered into a joint venture with an affiliate of Terminix International Company, L.P., a multinational provider of termite and pest control services. In addition, it has licensed the ‘ServiceMaster Clean’ brand, and associated proprietary processes, operating materials and knowhow for facility management business in India from The ServiceMaster Company, LLC group, a commercial and residential cleaning service provider.
As of April 30, 2017, it has a widespread branch network consisting of 251 branches in 124 cities and towns in India, which covers 630 districts. It employed 148,678 personnel in India and rendered security and facility management services at 11,869 customer premises across India. In Australia, the company operates in each of the eight states and employed 5,754 personnel servicing 245 customers, as of April 30, 2017. Its widespread branch network enables it to service a large number of customer premises and render customized services across India and Australia.
Security and Intelligence Services (India) Limited IPO Stock Quote & Charts
- Open: 761.05
- High - Low: 777.00 - 761.00
- Previous Close: 773.20
- Total Traded Volume: 2821
- Updated On: 18-Jan-2019
Objects of the Security and Intelligence Services (India) Limited IPO:
1. Repayment and pre-payment of a portion of certain outstanding indebtedness availed by the Company
2. Funding working capital requirements of the Company
3. General corporate purposes.
Security and Intelligence Services (India) Limited IPO Details:
||Jul 31 2017
||Aug 02 2017
|| ₹ 10 Per Equity Share
||Book Built Issue IPO
|| ₹ 805-815 Per Equity Share
||Aug 10 2017
Discussion on Security and Intelligence Services (India) Limited IPO: