INTEGRATED PERSONNEL SERVICES LIMITED
	CIN: U74190MH2004PLC144160

Our Company was originally incorporated as 'Integrated Personnel Services Private Limited' under the provisions of Companies Act, 1956 vide Certificate of Incorporation dated January 22, 2004 bearing Registration Number 144160 issued by Registrar of Companies, Maharashtra, Mumbai. Subsequently our Company was converted into a Public Limited Company vide Special Resolution passed by the shareholders at the Extra- Ordinary General Meeting held on August 30, 2018 and consequently the name of the Company was changed from 'Integrated Personnel Services Private Limited' to 'Integrated Personnel Services Limited' vide fresh Certificate of Incorporation granted to our Company consequent upon conversion into public limited company dated September 17, 2018 by Registrar of Companies, Mumbai bearing Corporate Identification Number U74190MH2004PLC144160. For details of incorporation, change of name and registered office of our Company, please refer to chapter titled "General Information" and "History and Certain Corporate Matters" beginning on page 53 and 121 respectively of this Prospectus.

THIS ISSUE IS BEING MADE IN TERMS OF CHAPTER IX OF THE SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2018 (THE "SEBI (ICDR) REGULATIONS"), AS AMENDED. IN TERMS OF RULE 19(2)(B)(I) OF THE SECURITIES CONTRACTS (REGULATION) RULES, 1957, AS AMENDED, THIS IS AN ISSUE FOR AT LEAST 25% OF THE POST-ISSUE PAID-UP EQUITY SHARE CAPITAL OF OUR COMPANY. THIS ISSUE IS A FIXED PRICE ISSUE AND ALLOCATION IN THE NET ISSUE TO THE PUBLIC WILL BE MADE TERMS OF REGULATION 253 OF THE SEBI (ICDR) REGULATIONS, 2018 AS AMENDED.

As per Regulation 253(2) of the SEBI (ICDR) Regulations, as amended, as present issue is a fixed price issue the allocation in the net issue to the public category shall be made as follows:

a) Minimum fifty percent to retail individual investors; and

b) Remaining to other investors including corporate bodies or institutions, irrespective of the number of specified securities applied for;

Provided that the unsubscribed portion in either of the categories specified in (a) or (b) above may be allocated to the applicants in the other category.

If the retail individual investor category is entitled to more than fifty per cent on proportionate basis, accordingly the retail individual investors shall be allocated that higher percentage.

ISSUE PRICE: Rs 59 PER EQUITY SHARE OF FACE VALUE OF Rs 10/- EACH THE ISSUE PRICE IS 5.9 TIMES OF THE FACE VALUE OF THE EQUITY SHARES

*Subject to the receipt of listing and trading approval from NSE Emerge.

The Equity Shares offered through the Prospectus are proposed to be listed on the EMERGE Platform of National Stock Exchange of India Limited ("NSE") in terms of the Chapter IX of the SEBI (ICDR) Regulations, as amended from time to time. Our Company has received an approval letter dated October 12, 2022 from National Stock Exchange of India Limited ("NSE") for using its name in the Offer Document for listing of our shares on the Emerge Platform of NSE. For the purpose of this Issue, NSE is the Designated Stock Exchange. The trading is proposed to be commenced on or about Friday, November 11, 2022*.

*Subject to the receipt of listing and trading approval from the NSE EMERGE Platform.

All Applicants were allowed to participate in the Issue through APPLICATIONS SUPPORTED BY BLOCKED AMOUNT ("ASBA") process by providing the details of their respective bank accounts in which the corresponding application amounts were blocked by Self Certified Syndicate Banks (the "SCSBs"). Further, for UPI Applicants (Investors biding for amount upto Rs 5 Lacs) use of UPI Id in Application Form was allowed while applying for equity IPOs through Designated Intermediaries (Syndicate members, Registered Stock Brokers, Registrar and Transfer agent and Depository Participants). All Other Category of Investors shall mandatorily use only Application Supported by Blocked Amount (ASBA) facility for making payments. Subsequently, pursuant to SEBI circular no SEBI/H0/CFD/DIL2/P/CIR/2022/75 dated May 30, 2022, applications made using the ASBA facility in initial public offerings (opening on or after September 1, 2022) shall be processed only after application monies are blocked in the bank accounts of investors (all categories).

SUBSCRIPTION DETAILS

The Issue has received 17244 applications for 47898000 Equity Shares resulting in 22.18 times subscription before technical rejections and bids not banked (including reserved portion of Market Maker). The Issue has received 13225 applications for 39490000 Equity Shares resulting in 18.28 times subscription after technical rejections and bids not banked (including reserved portion of Market Maker).

Detail of Applications Received (Before Technical Rejection and bids not banked):

Details of Applications rejected by the Registrar on technical grounds and bids not banked:

After eliminating technically rejected applications and bids not banked, the following table gives the details of Category wise net valid applications:

A. Allocation to Market Maker (After Technical Rejections and bids not banked): The Basis of Allotment to the Market Maker, at the Issue Price of Rs 59/- per Equity Share, was finalized in consultation with NSE. The category was subscribed by 1.00 times. The total number of shares allotted in this category is 1,10,000 Equity Shares in full out reserved portion of 1,10,000 Equity Shares.

B. Allocation to Retail Individual Bidders (After Technical Rejections and bids not banked): The Basis of Allotment to the Retail Individual Applicants, at the Issue Price of Rs 59/- per Equity Share, was finalized in consultation with NSE. The category has been subscribed to the extent of 19.198 times and after Spill over from Non - Institutional Bidders. The total number of Equity Shares Allotted in this category is 12,88,000 Equity Shares to 644 successful applicants. The Category-wise details of the Basis of Allotment are as under:

C. Allocation to Non-Institutional Bidders (After Technical Rejections and bids not banked): The Basis of Allotment to the Non Institutional Bidders, at the issue price of Rs 59/- per Equity Share, was finalized in consultation with NSE. The category was subscribed 19.228 times after spill over to Retail Category. The Category-wise details of the Basis of Allotment are as under:

The Board of Directors of the Company at its meeting held on November 7, 2022 has taken on record the Basis of Allocation of Equity Shares approved by the Designated Stock Exchange viz. NSE and has authorized the corporate action for the transfer of the Equity Shares to various successful applicants.

The Refund/allotment intimation will be dispatched to the address of the Applicants as registered with the depositories on or about November 9, 2022. Further, the instructions to Self- Certified Syndicate Banks for unblocking the amount have been processed on or prior to November 7, 2022. In case the same is not received within ten days, investors may contact Registrar at the address given below.

The Equity Shares allocated to successful applicants are being credited to their beneficiary accounts subject to validation of the account details with the depositories concerned. The Company is taking steps to get the Equity Shares admitted for trading on Emerge Platform of NSE within six working days from the date of the closure of the Issue. Note: All capitalized terms used and not defined herein shall have the respective meaning assigned to them in the Prospectus dated October 20, 2022 ("Prospectus").

INVESTORS, PLEASE NOTE

The details of the allotment made would also be hosted on the website of the Registrar to the Issue Big Share Services Private Limited at: www.bigshareonline.com . All future correspondence in this regard may kindly be addressed to the Registrar to the Issue quoting full name of the First/ Sole Applicant, Serial number of the Application Form, number of Equity Shares applied for, Applicant DP ID, Client ID, PAN, date of submission of the Application Form, address of the Applicant, the name and address of the Designated Intermediary where the Application Form was submitted by the Applicant and copy of the Acknowledgment Slip received from the Designated Intermediary and payment details at the address given below:

	BIGSHARE SERVICES PRIVATE LIMITED
	Office No. S6-2,6th Floor, Pinnacle Business Park, Next to Ahura Centre, Mahakali Caves Road, Andheri (East), Mumbai - 400 093, Maharashtra, India. Tel. No.: +91 22 6263 8200;
	Email: ipo@bigshareonline.com ; Website: www.bigshareonline.com
	Investor Grievance Email: investor@bigshareonline.com ; SEBI Registration No.: INR000001385
	CIN: U99999MH1994PTC076534; Contact Person: Mr. Aniket Chindarkar

THE LEVEL OF SUBSCRIPTION SHOULD NOT BE TAKEN TO BE INDICATIVE OF EITHER THE MARKET PRICE OF THE EQUITY SHARES ON LISTING OR THE BUSINESS PROSPECTS OF INTEGRATED PERSONNEL SERVICES LIMITED.

Disclaimer: Integrated Personnel Services Limited has filed the Prospectus dated October 20, 2022 with the Registrar of Companies, Maharashtra and thereafter with SEBI and the Stock Exchange. The Prospectus is available on the website of NSE EMERGE i.e. www.nseindia.com /emerge/ and is available on the website of the LM at www.unistonecapital.com . Any potential investors should note that investment in equity shares involves a high degree of risk and for details relating to the same, please refer to the Prospectus including the section titled "Risk Factors" beginning on page 30 of the Prospectus.

The Equity Shares offered in this issue have not been and will not be registered under the US Securities Act 1933, as amended (the "Securities Act") or any state securities laws in the United States and may not be offered or sold within the United States or to, or for the account or benefit of, "U.S. persons" (as defined in Regulation S of the Securities Act), except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. Accordingly, the Equity Shares will be offered and sold (i) within= the United States only to persons reasonably believed to be "Qualified Institutional Buyers" (as defined in Rule 144A of the Securities Act) under Section 4(a) of the Securities Act, and (ii) outside the United States in offshore transaction in reliance on Regulations under the Securities Act and the applicable laws of the jurisdiction where those offer and sales occur.

The Equity Shares have not been and will not be registered, listed or otherwise qualified in any other jurisdiction outside India and may not be offered or sold, and Application may not be made by persons in any such jurisdiction, except in compliance with the applicable laws of such jurisdiction.