First Meridian Business Services Ltd.

250

₹0.0

Share Price Chart

250

You'll receive a Whatsapp shortly for the next steps

Oops! Something went wrong while submitting the form.

First Meridian Business Services Ltd.

* Best In Industry

You'll receive a Whatsapp shortly for the next steps

Oops! Something went wrong while submitting the form.

About Share

First Meridian Business Services Ltd. is a prominent staffing and human resources solutions provider based in Bengaluru, India. Established in 2018, the company has rapidly ascended to become the third-largest staffing company in India by revenue, employing over 126,824 associates and serving more than 1,200 clients across various sectors including telecommunications, retail, BFSI (banking, financial services, and insurance), IT, e-commerce, and logistics

Fundamentals

First Meridian Business Services Ltd.

250

Lot Size

52 Week High

52 Week Low

Depository

PAN Number

ISIN Number

CIN

U74999MH2018PLC371978

RTA

Market Cap (in cr)

1968

P/E Ratio

24.28

P/B Ratio

Debt to Equity

ROE (%)

16.56

Book Value

Face Value

Valuation (In Cr)

Total Shares

786100000

Events

Name

Date

Details

DRHP Filing

January 27, 2023

First Meridian filed its Draft Red Herring Prospectus (DRHP) with SEBI for an IPO aiming to raise up to ₹740 crores. This includes a fresh issue of ₹50 crores and an offer for sale of ₹690 crores

IPO Launch

Expected in early 2024

The IPO will consist of a total offer size of ₹800 crores, with proceeds allocated for repayment of borrowings and general corporate purposes

Awards and Recognition

2022

First Meridian received the Certificate of Excellence for 'Best Technology Enabled Staffing Solutions' at the Achiever's Awards 2022 and the Brand Impact Award from the Indian Achievers’ Forum for significant contributions to professional achievement

FAQ's

What are unlisted shares?

Unlisted shares are shares of a company that are not listed on any recognized stock exchange. They are usually traded privately or through over-the-counter (OTC) markets, offering investors an opportunity to invest in companies before they go public.

Are unlisted shares safe to invest in?

Like any investment, unlisted shares carry risks, including lower liquidity and lack of regulatory oversight compared to listed stocks. However, they can offer higher growth potential as you invest in companies before they go public. It's important to conduct thorough research or consult with a financial advisor before investing.

What are the tax implications of buying and selling unlisted shares?

Gains from unlisted shares are subject to capital gains tax in India. Short-term capital gains (if held for less than 24 months) are taxed at your applicable income tax rate, while long-term capital gains (if held for more than 24 months) are taxed at 20% with indexation benefits. Always consult a tax advisor for precise tax implications.

What is the difference between unlisted and listed shares?

Listed shares are traded on stock exchanges and are subject to strict regulatory oversight, which offers transparency and liquidity. Unlisted shares, on the other hand, are traded privately and may have limited information available, with lower liquidity but potentially higher growth prospects for early-stage investors.

How do I value unlisted shares?

Valuing unlisted shares can be complex since they are not publicly traded. The valuation typically depends on factors like the company's financials, growth potential, recent fundraising, and market conditions. It’s advisable to work with financial experts or brokers experienced in unlisted shares to get an accurate assessment.

Our Blogs

Learn More about unlisted shares

First Meridian Business Services Ltd.

FAQ's

Our Blogs

The Benefits of Investing in Unlisted Shares

Why Pre-IPO Shares Could Be Your Next Big Investment Opportunity

How to Evaluate the Value of Unlisted Shares Before Investing