Security and Intelligence Services (INDIA) Limited IPO – Company Profile, Price Band, IPO Listing and Closing Date, Analysis


Security and Intelligence Services (India) Limited – An ISO 9001:2008 Company [popularly known as SIS] – India’s second largest security services provider is planning to raise Rs. 362.25 Crores via initial public offer (IPO).

Security and Intelligence Services (India) Limited – Company Profile

Incorporated in 1985, The SIS Group is India’s second largest security services provider and Australia’s joint largest security service provider with a comprehensive suite of security and business support services. They are also the 2nd largest cash logistics company in India and with the recent acquisition of the Dusters, have become the 4th largest facility management company in India.

Working Area and Work Force

  • SIS portfolio of services includes Private Security Services. Within the Private Security Services vertical, it offers Cash Logistics Services, Electronic Security Services, Home Alarm Monitoring, Security Services and Response Services.
  • SIS servers customers that operate in various industries and sectors, which include automobile, banking and financial services, consumer goods, construction, engineering, educational institutions, governmental undertakings, hospitality (healthcare) and real estate, IT/ITeS & telecom, steel & heavy industries and utilities.
  • As of April 30, 2017, the company has a widespread branch network consisting of 251 branches in 124 cities and towns in India, which covers 630 districts. It employed 148,678 personnel in India and rendered security and facility management services at 11,869 customer premises across India.
  • In Australia, the company operates in each of the 8 states and employed 5,754 personnel servicing 245 customers, as of April 30, 2017.

Company Promoters

  • Ravindra Kishore Sinha
  • Rituraj Kishore Sinha

IPO Details – Issue Price, Minimum Bid and Other

Security and Intelligence Services (India) Limited

IPO Opening, Closing & Listing Dates

Security and Intelligence Services (India) Limited

Financial Performance

Security and Intelligence Services (India) Limited

Revenues

The Company shows steady revenue growth in recent years. Topline has been increasing regularly for the last five years and jumped from INR 465 crores in FY2012 to INR 1287 crores for the year ended March 2016.

Profits

Though the company has shown steady growth in revenue, the company more or less failed to sustain profits in these years. Starting from INR 11 crores of profit in FY2012, the company’s earnings improved to INR 34 crores in FY2016. [Company’s profit were INR 30 crores in 2013 and 34 crores in 2016, increased just 4 core in 4 years]

CONCLUSION –
Considering company’s valuation, financial parameters and the kind of services it offers, FinBlab recommends SUBSCRIBE ratings on Security and Intelligence Services (India) Limited issue.

 


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About me

Vishal Dalwadi

Vishal Dalwadi

Vishal is an MBA (Finance) post-graduate. He is the founder and owner of "FinBlab". His blog aims at providing information and research on Stock market and sectors including Mutual funds, IPOs, Insurance and more.

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