IPO Alert: Core Integra Consulting Services Files Draft Papers With SEBI

Mumbai-based HR and compliance solutions firm Core Integra Consulting Services has filed its Draft Red Herring Prospectus (DRHP) with SEBI for a proposed IPO on the NSE Emerge Platform. The company aims to issue 35 lakh fresh equity shares to raise capital for scaling its technological capabilities and expanding visibility.

The offering will follow the book-building process, allocating shares to Qualified Institutional Buyers (QIBs), Non-Institutional Investors (NIIs), and retail investors. This move aims to unlock new growth channels while maintaining regulatory transparency.

Strategic Allocation of Funds From the IPO

The funds raised will be used to upgrade IT infrastructure, enhance leadership, and increase brand awareness. Core Integra’s focus on investing in technology aligns with its commitment to scaling HR-Tech and Reg-Tech solutions. The company continues to rely on digital upgrades for improved compliance, efficient service delivery, and innovation.

Company Overview and Business Footprint

Founded in 2009 and headquartered in Mumbai, Core Integra operates across 20 Indian states through offices in Pune, Solapur, Bangalore, Chennai, Delhi, and Kolkata. The company provides services such as labour law compliance, staffing, payroll outsourcing, vendor management, HR-Tech solutions and AI-driven platforms catering to over 500 clients across 30 industries.

Read More: Physicswallah Files Updated IPO Papers With SEBI, Aims To Raise ₹3,820 Crore!

Proprietary Platforms and Technology-Driven Solutions

Through subsidiary Core Integra Global, the firm has developed cloud-based SaaS platforms, including CoreX, Core Pay, Ctrl-F, and Core-PFT, offering advanced workforce and compliance management tools. These platforms strategically enhance their offerings in both HR-Tech and Reg-Tech domains and are key to future scalability.

Conclusion

Core Integra Consulting Services’ proposed NSE SME IPO highlights its intent to boost digital capabilities and expand its presence. This will strengthen infrastructure and brand position, supporting long-term strategic growth across sectors.

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