Core Integra Consulting Services has filed its DRHP with SEBI to raise funds.
What do they do: Core Integra provides consulting services in the domain of HR especially solutions pertaining to payroll, compliance, hiring, and employee benefits.
The deets: the IPO comprises fresh issue of 35 lakh equity shares. This offer will follow a book building method.
By the numbers: Core Integra raised revenue of ₹40,262 lakh for FY25, a 10% increase from the same period last year while PAT dropped 27% in FY25 to ₹3.53 crore.
Zoom out: India’s HR Technology is an emerging market slated to grow at a CAGR of 7.88% and reach a valuation of $2,300 million by 2033. While top platforms like SAP, Darwinbox etc. dominate the space, Core Integra can harness its niche expertise and technical prowess to become a trusted name in this market.
