
CIEL HR IPO Date, Price, Lot Size & More: Upcoming IPO
Posted by : sachet | Thu Oct 09 2025

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The IPO opening date for the CIEL HR IPO has not been announced yet, but the company has already filed its DRHP with SEBI/Exchange on November 21, 2025, and received SEBI approval on February 14, 2026. It is a book-building IPO of ₹[.] crore worth of shares. CIEL HR’s IPO is one of the top upcoming IPOs that will be listed on the NSE and BSE, with a tentative date yet to be announced.
CIEL HR IPO Details
The CIEL HR IPO date is not fixed yet. The face value of CIEL HR shares stands at ₹2 per share, and the IPO price band is fixed at [.] to [.] per share.
Kfin Technologies Limited is the registrar of the CIEL HR IPO and is responsible for managing the allotment process and initiating refunds. Check out the latest IPO details in the table below.
CIEL HR IPO Details
IPO Open Date | Yet to be announced |
IPO Close Date | Yet to be announced |
Face Value | ₹2 per share |
Lot Size | [.] |
IPO Allotment Date | [.] |
Refund initiation | [.] |
Total Issue | [.] |
Fresh Issue | [.] |
Offer for sale | [.] |
Shareholding Pre-Issue | 8,50,05,010 shares |
Price Band | [.] to [.] per share |
Issue Type | Bookbuilding IPO |
Listing At | BSE & NSE |
Listing Date | [.] |
CIEL HR IPO GMP
Note: CIEL HR is yet to open. We will update the CIEL HR GMP data post an official announcement.
CIEL HR IPO DRHP Status
Description | Date |
DRHP Filled With | 21st November 2025 |
SEBI approval received | 14 February 2025 |
CIEL HR IPO Review

Check out the detailed CIEL HR IPO review for a thorough understanding of its potential to report listing gains. The CIEL HR IPO review will help you invest effectively to avoid significant losses. Explore more to make an informed Investment decision on this IPO.
Financial Health
Assess a company’s financial performance to know about its ability to sustain a competitive edge. Therefore, it is crucial to comprehend the business’s financial growth margins and declines before applying for the CIEL HR IPO.
CIEL HR Limited’s revenue increased by 33.90% from ₹800.72 crores in March 2023 to ₹1,088.20 crores in March 2024. Moreover, the company’s PAT increased by 444.44% from ₹10.85 crores to -₹3.15 crores. Investors can analyse other relevant factors and make a decision accordingly.
CIEL HR Limited’s IPO has shown consistent revenue growth, indicating that the company is financially stable. Moreover, brokers, investors, and RAs have a positive outlook for Milky Mist Dairy Foods’ IPO, particularly for its tentative listing day.
Technical Analysis
Some technical indicators are available to assess a company’s potential to deliver returns. Use the parameters mentioned below to analyse the technical aspects of the CIEL HR IPO.
Key Indicators | Value |
PE Ratio (Price-to-Earnings) | [.] |
EPS (Earnings Per Share) | [.] |
RoNW | 12.90% |
ROCE | 13.18% |
ROE | 12.90% |
EBITDA Margin | [.] |
Price to Book Value | [.] |
Market Capitalisation | [.] |
The PE ratio of CIEL HR Limited’s share is [.], and its Earnings Per Share (EPS) stands at [.]. Thus, the IPO of CIEL HR Limited can deliver gains on its tentative listing day.
Note: The data, as mentioned above, is taken from authentic sources and highlights pre-issue information. The PE ratio and EPS of CIEL HR Limited are subject to change after the IPO. Refer to the table below for post-issue updates on these two metrics.
Indicators | Pre-IPO | Post-IPO |
PE Ratio | [.] | [.] |
EPS | [.] | [.] |
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About the CIEL HR Limited Company Overview

CIEL HR Services Limited offer multiple human resource services and technology platforms catering to the needs of a wide range of sectors. The company’s human resource services provide targeted support in recruitment, staffing, payroll processing, strategic HR advisory, and skill development, thereby enabling organisations to attract, retain, and develop top talent effectively. The company’s HR Tech platforms are: Talent Assessment and Development, Talent Engagement, Employee learning experience, Human resource management system, Fresher upskilling and Statutory compliance management. The company’s HR Services included Professional staffing, Value staffing, Search, selection, and recruitment process outsourcing, HR managed services, HR advisory, and Skilling.
CIEL HR Limited Financials
The company’s financial analysis is essential before applying for the IPO of CIEL HR Limited. Look at the table to learn about CIEL HR Limited’s financials.
Year Ended | 31st March 2024 (in cr.) | 31st March 2023 (in cr.) | 31st March 2022 (in cr.) |
Assets | 283.38 | 179.68 | 109.12 |
Revenue | 1,088.20 | 800.72 | 528.53 |
Profit After Tax | 10.85 | -3.15 | 6.88 |
Net Worth | 58.68 | 49.52 | 29.02 |
Total Borrowing | 77.20 | 30.86 | 3.52 |
Reserves & Surplus | – | – | – |
Explanation
CIEL HR Limited’s revenue increased by 33.90% from ₹800.72 crores in March 2023 to ₹1,088.20 crores in March 2024. Moreover, the company’s PAT increased by 444.44% from ₹10.85 crores to -₹3.15 crores. Investors can analyse other relevant factors and make a decision accordingly.
CIEL HR IPO Promoter Holdings
Have a look at the table below to check the holdings of CIEL HR Limited’s promoters:
Share Holding Pre-Issue | 87.02% |
Share Holding Post-Issue | [.] |
Note: The value will be calculated using Equity Dilution = Share Holding Pre-Issue – Share Holding Post-Issue.
CIEL HR IPO Objectives
The primary aim of CIEL HR is to raise ₹ [.] crore. On the other hand, CIEL HR has decided to utilise these funds in different ways.
1. Acquisition of additional shareholding in the following Subsidiaries:
(i) Firstventure Corporation Private Limited;
(ii) Integrum Technologies Private Limited;
(iii) Next Leap Career Solutions Private Limited; and
(iv) People Metrics Private Limited and Thomas Assessments Private Limited
2. Investment in the following Subsidiaries:
(i) CIEL Skills and Careers Private Limited, towards the upgradation of its HR Tech Platform, ProSculpt;
(ii) Firstventure Corporation Private Limited, towards the upgradation of its learning experience platform, Courseplay;
(iii) Integrum Technologies Private Limited, towards the upgradation of its HR Tech Platform, HfactoR;
(iv) Ma Foi Strategic Consultants Private Limited, towards the upgradation of its HR Tech Platform, EzyComp; and
(v) Next Leap Career Solutions Private Limited, towards the upgradation of its HR Tech Platform, Jombay
3. Funding incremental working capital requirements of the Company.
4. Unidentified inorganic acquisitions and general corporate purposes.
Should I Invest in CIEL HR IPO?
Explore the pros and cons of the CIEL HR IPO to know whether you should apply or avoid the issue. These pros and cons may help you understand the IPO’s potential to deliver profits in the coming decades.
Pros of CIEL HR IPO
- The company has a strong revenue growth
- The company has a Tech-Enabled HR Platform and diversified HR services
- The company has a profitability turnaround
Cons of CIEL HR IPO
- Bharat Coking has a high dependence on the staffing and temporary workforce.
- The company has a small profit margin and Low absolute profit
- The company faces cost and integration risks associated with the acquisition.
How to Invest in the CIEL HR IPO?

CIEL HR has not opened yet. And most investors are still waiting for it. Here is how you will invest in Ayethe Finance IPO after its opening.
- Open a demat account or use your existing demat account to make a bid.
- Navigate to the CIEL HR section to make an application.
- Select the number of lots you want to apply for and proceed with your application further.
- Once you have applied for the CIEL HR IPO, you will receive a mandate request on the selected mode of transaction.
- Approve the mandate request and get your application number instantly.
How to Check CIEL HR IPO Allotment Status?
You can check for the CIEL HR IPO allotment in different ways. These include NSE and the registrar portal. Look at the steps mentioned below to check your allotment status online.
Check On NSE
- Visit the NSE Official Website.
- Navigate to the IPO Allotment Section.
- Select Equity as the issue type.
- Choose the CIEL HR IPO.
- Choose whether to proceed with the PAN number or the application number.
- Submit your details to get the allotment status online.
Check On the Registrar Portal
- Visit the registrar portal.
- Click on the allotment option.
- Fill in the required details.
- Click on the submit button to know your CIEL HR allotment status.
Final Thoughts
Kfin Technologies Limited has recently filed for CIEL HR, worth ₹46.57 crores, with SEBI via a confidential route. The issue is subject to the approval of SEBI. Investors are cautious about CIEL HR’s IPO details, such as issue date, price band, lot size, subscription, and other key information.
Stay informed with Univest to get regular updates on the CIEL HR IPO, GMP, subscription, and more!
FAQs on CIEL HR IPO
When did CIEL HR file IPO draft papers?
Ans. CIEL HR filed its updated draft papers with SEBI for an IPO of up to ₹[.] crore shares on 21st November 2025.
What are the uses of IPO proceeds?
Ans. CIEL HR has raised funds through its IPO to expand its business operations.
Is CIEL HR a publicly listed company?
Ans. CIEL HR is listed on stock exchanges, so it is a publicly listed company. CIEL HR had gone public through an IPO filing of ₹[.] crore shares.
What is the issue size for Mist Dairy Foods?
Ans. It is a book-building IPO comprising a fresh issue and an offer for sale to raise approximately ₹[.] crore in shares.
Is CIEL HR good?
Ans: CIEL HR Limited’s revenue increased by 33.90% from ₹800.72 crores in March 2023 to ₹1,088.20 crores in March 2024. Moreover, the company’s PAT increased by 444.44% from ₹10.85 crores to -₹3.15 crores. Investors can analyse other relevant factors and make a decision accordingly.
Who will be the registrar of the CIEL HR IPO?
Ans. As per the recent updates, Kfin Technologies Limited will be the registrar responsible for managing allotment and refund procedures. For any queries regarding CIEL HR GMP, allotment, and refund, you can contact Kfin Technologies Limited at cielhr.ipo@kfintech.com or 04067162222, 04079611000.
Disclaimer: The above information is compiled from authentic sources and is just for informational purposes. To obtain detailed information about the CIEL HR IPO, please wait for the RHP and DRHP to be released by Milky Mist Dairy Foods. Conduct thorough research before investing in IPOs to minimise the risk of significant losses. You can also consult your financial advisor.
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