Subscribe to SecUR Credentials: Investment Imperative

The other IPO which also received huge responses were Happiest Minds Technologies and Chemcon Speciality Chemicals, which was subscribed 150.98 times and 149.3 times respectively. Interestingly, both these stocks have seen bumper listing gained over 100 percent. Let's see how the IPO subscription and listing happened in 2020 so far, considered only IPOs issue size over Rs 100 crore.

Trade

• Watchlist
• Portfolio
• Message
• Set Alert

 

 

Choose Stock Exchange: BSE LIVE NSE LIVE

26 Aug, 2025 12:21

Volume

Todays L/H

More

×

SecUR Credentials Ltd is a global background screening and due diligence service provider company headquartered in Mumbai with FY17 topline of Rs. 10.1 crores. The company is promoted by Rahul Belwalkar with more than 2 decades of experience in background screening and BFSI. Background screening or background verification of employees to be recruited is critical to the process of Human Capital Management and an all-important risk mitigation tool for the HR organizations. Hence the verification and due diligence solutions provided by the company aid clients in significantly reducing the risk of a bad hire.

We recommend “Subscribe” - For returns left on the table and long-term Investment
From its inception in August 2016, SecUR credentials has been able to clog in a credible growth rate with revenues in Q1FY18 more than the 50% of revenues for the previous full year. The company has been able to generate a return on Net worth of 89% in FY17 and stands at 38% for Q1FY18.
In a bid to expand its operations, open new branches, support working capital requirement, investments into technology and employees, the company is raising ~INR 30 crores via public offering diluting the ~30% stake. A diversified regional presence, a quantum leap in digitization of employee verification driven by Aadhar revolution in the country, usage of Artificial Intelligence as an opportunity to further revolutionize, makes the company well poised for taking advantage of next leg of growth in the Industry.

For all IPO stories, click here

Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions

Secur IPO Coverage Investment Imperative