OP
ClosedSMEIT-Enabled Services (ITES) · Business Process Management (BPM)
One Point One Solutions Limited
ONEPOINT·₹39.8·Opens 2017-12-13
★★★☆☆3/5
🔗 Official WebsitePrice Band: ₹39.8
Issue Size: 44.38
About the Company
What does this company do?
One Point One Solutions Limited is an IT-enabled services company providing Business Process Management (BPM) services. The company offers transaction processing, data processing, customer support, and back-office services to clients primarily in the ITES industry. The company operates with approximately 3301 employees…
IPO Details
Issue parameters, key dates and structure.
Total Issue Size
44.38
6624000
Fresh Issue
44.38
6624000
Proceeds go to company
Reservation Structure
QIB (Qualified Institutional Buyers)
49.94
60% available for Anchor Investors on discretionary basis, 1/3 of Anchor portion reserved for Mutual Funds
NII / HNI (Non-Institutional Investors)
15
Not less than 15% of Net Issue
RII (Retail Individual Investors)
35
Not less than 35% of Net Issue
Products & Brands
Key offerings and brand portfolio of the company.
Transaction Processing Services: High-volume transaction and payment processing services for financial and non-financial clients
Financial Performance
P&L, Balance Sheet and Cash Flow — all figures in ₹ Crores.
| Particulars (₹ Cr) | FY2013 | FY2014 | FY2015 | FY2016 | FY2017 | H1 FY2017 (June 2017) |
|---|---|---|---|---|---|---|
| Revenue from Operations | 0 | 3.74 | 6405.56 | 8417.20 | 9050.37 | 2562.53 |
| Other Income | — | — | 0.24 | 0.23 | 0.06 | 0.06 |
| EBITDA Margin | — | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Depreciation & Amortisation | — | 9.58 | 51.93 | 287.53 | 172.57 | 172.57 |
| Finance Costs (Interest) | — | 9.75 | 145.33 | 214.19 | 64.74 | 64.74 |
| PBT (Profit Before Tax) | -0.73 | 346.20 | 495.21 | 690.79 | 177.13 | 177.13 |
| Tax | -0.23 | 112.33 | 163.83 | 228.40 | 58.56 | 58.56 |
| PAT (Net Profit) | -0.51 | 233.87 | 331.38 | 462.39 | 118.56 | 118.56 |
| PAT Margin | — | 6253.2% | 5.2% | 5.5% | 1.3% | 4.6% |
All figures in ₹ Crores (INR). Data sourced from DRHP/RHP.
Key Financial Ratios
Valuation and profitability metrics at the IPO price.
EPS — Basic (₹)
—
FY2013
EPS — Diluted (₹)
—
FY2013
P/E Ratio
—
At upper band
RoNW (%)
—
FY2013
NAV per Share (₹)
—
Pre-issue
SWOT Analysis
Internal strengths & weaknesses; external opportunities & threats.
💪Strengths
Established BPM service provider with growing client base
Multiple delivery centers enabling operational scalability
Growing revenue trajectory showing market demand
Experienced management team in ITES operations
⚠️Weaknesses
High customer concentration with top 10 customers representing 70.54% of revenue
Sector concentration risk across limited industries
High employee turnover in competitive labor market
Unregistered trademark creating IP protection gaps
Past negative cash flows from investing activities
🚀Opportunities
Expansion in ITES sector driven by outsourcing demand
Geographic expansion to new delivery centers
Service diversification and upskilling
Acquisition and consolidation opportunities in BPM space
🔥Threats
Intense competition from multinational BPO players and captive units
Wage inflation and regulatory changes in India
Technology disruption in process automation
Economic slowdown reducing outsourcing demand
Client concentration leading to revenue volatility
Competitive Strengths
Key advantages highlighted in the DRHP.
✓
Diversified service offerings including transaction processing, data processing, and customer support
✓
Experienced management team with domain expertise in BPM operations
✓
Multiple delivery centers across key Indian locations providing scalability
✓
Established client relationships with focus on long-term contracts (1-3 years)
✓
Growing revenue base with expansion in service capacity and geographical presence
✓
Strong operational infrastructure with established business continuity plans
Promoters & Shareholding
Pre & post-IPO shareholding pattern. Click a promoter card to learn more.
Promoters
Shareholding Pattern
PrePost
Key Risks
Material risk factors to consider before applying.
⚠
Dependence on limited number of customers (top 10 customers contributed 70.54% of revenue in FY2017)
⚠
Concentration of clients in limited industries creates sector-specific risk
⚠
High employee turnover and competition for skilled personnel in competitive labor market
⚠
Working capital intensive operations requiring significant investments in receivables and inventories
⚠
Negative cash flows from investing activities in past periods
⚠
Vulnerability to technology changes and IT system failures
⚠
Unregistered trademark logo creates intellectual property protection risks
⚠
Regulatory changes and compliance requirements in GST, labor laws and environmental regulations
◆ Neutral
Should You Apply?
One Point One Solutions Limited is an IT-enabled services company operating in the business process management (BPM) sector with approximately 3,301 employees. The company provides transaction processing, data processing, customer support, and back-office services across multiple delivery centers in India. Revenue grew from ₹6,405.56 Cr in FY2015 to ₹9,050.37 Cr in FY2016, demonstrating strong market demand. However, the company faces significant concentration risk with its top 10 customers contributing 70.54% of revenue, high employee turnover challenges typical of the ITES sector, and past negative cash flows from investing activities. At the upper price band of ₹67, the issue is priced at 6.7x face value and represents a 39.62% dilution to existing shareholders. While the company benefits from growing ITES market demand and established operations, investor caution is warranted due to customer concentration, competitive intensity in the BPM space, and working capital requirements. The rating is Neutral reflecting balanced risk-reward for SME IPO investors.
⚠️ This is not investment advice. CheckIPO provides information for educational purposes only. Always consult a SEBI-registered financial advisor before investing.
IPO Timeline
Key milestones from opening to listing.
📅
IPO Opens
2017-12-13
🔒
IPO Closes
2017-12-15
🏛️
Listing
2019-05-09
Lead Managers & Registrar
Institutions managing the issue and handling allotment.
Book Running Lead Managers (1)
PANTOMATH CAPITAL ADVISORS
Registrar to the Issue
📋
LINK INTIME INDIA PRIVATE LIMITED
Registrar to the Issue
Company Details
Registered information and contact details.
Company Name
One Point One Solutions Limited
CIN
U74900MH2008PLC182869
Registered Office
904, Real Tech Park, Plot No. 39/2, Opp. Vashi Railway Station, Sector 30/A, Vashi, Navi Mumbai, Thane – 400703, India
Contact Person
Pritesh Sonawane
Phone
022-61656363
Email
investors@1point1.inWebsite
www.1point1.in