India’s HR services market size was at ₹1,890.4 billion in FY2024. It is growing at a 14.8% CAGR till FY2029 and is driven by staffing, compliance, outsourcing, and skilling. CIEL HR Services has been in these services and will be going public soon.
The CIEL HR Services IPO manager is HDFC Bank and Ambit Pvt.Ltd., while Kfin Technologies will be working as the registrar. Check here to get your allotment status.
See the CIEL HR Services DRHP.
Note: Half of the CIEL HR IPO shares will be unlocked 30 days after allotment, while the rest will be free from lock-in restrictions after 90 days.
The CIEL HR Services Private Limited company profile is as follows:
Find out the details about the CIEL HR Services IPO.
CIEL HR Services' IPO date isn’t confirmed yet, but the company filed a DRHP with SEBI on November 21, 2024, and got an approval for the offer document on February 14, 2025.
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CIEL HR Services has some benefits and negatives. Let's see them all here.
Strengths
Trusted HR Brand: CIEL is the only HR firm featured in India, which shows its strong reputation.
Impressive Profit Growth: The company grew its net profit in FY25, backed by steady revenue growth.
Wide Range of Services: From staffing to training to HR tech platforms like LMS and HRMS, it has multiple income streams.
Smart Acquisitions: By acquiring platforms like Jombay and Courseplay, it keeps expanding its HR tech reach.
Risks
Low Margins in Staffing: A big chunk of revenue comes from staffing, which brings thin profit margins.
Cash Flow Pressure: The business uses almost all its working capital, so any delay in client payments can cause a squeeze.
Tough Competition: The HR industry is crowded, and high employee attrition can add to the challenge.
Dependent on Economy: Demand for HR services often depends on industries like IT and manufacturing; if they slow down, so does CIEL.
The CIEL HR Services IPO GMP is not available as of 15 September 2025. But you can see all the company information to get a better IPO review. Also, check the CIEL HR Services IPO GMP today here.
See the live subscription status if you will be investing in the Ciel HR Services Pvt Ltd IPO. Apply Today.
1. How is the CIEL HR Services IPO review?
CIEL HR Services is seen as an HR services enterprise. With this IPO, it will expand the capital. For the latest sentiment, you can look for the GMP updates.
2. What is the CIEL HR Services IPO date?
The IPO open and close dates are still unknown as of 15 September 2025. Live subscription details can be monitored through your broker or tracking platforms, showing live subscription data in real time.
3. What is the CIEL HR Services Private Limited share price?
The CIEL HR Services IPO price is not available as of 15 September 2025. Also, don't forget to check the CIEL HR Services IPO size.
4. Should I use a demat account to bid for the CIEL HR Services IPO?
Yes, a demat account is required to bid for the CIEL HR Services IPO. Click here to get the ultimate list of the top demat account providers.
