Mumbai, 15 September 2025: Core Integra Consulting Services Limited, an integrated regulatory technology company serving labour law compliance, payroll outsourcing, proprietary HR-Tech solutions, and staffing services, has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for an Initial Public Offering (IPO) on the Emerge Platform of the National Stock Exchange of India Limited.
The proposed IPO comprises a fresh issue of 35 lakh equity shares. The offer will follow the book-building method, with allocations earmarked for Qualified Institutional Buyers (QIBs), Non-Institutional Investors (NIIs), and Individual Investors (IIs).
Core Integra is well-positioned to capture the upcoming wave of labour law digitalization, wage code enforcement, and ESG-linked compliance. With five proprietary products under development and a clear investment roadmap into SaaS-based Reg-Tech, the company is building a pipeline of offerings expected to generate high margins. The Serviceable Addressable Market (SAM) currently stands at approximately INR 67,000 crore in FY25, spanning staffing, compliance outsourcing, and HR-Tech, and is projected to reach INR 1,29,000 crore by FY30 at a 14.0% CAGR.
Founded in 2009, Core Integra is among the few integrated players offering staffing, payroll outsourcing, compliance, and Reg-Tech solutions under a single umbrella. Through proprietary platforms such as CoreX, Core Pay, Ctrl-F, and Core-PFT, the company digitalizes workforce management and regulatory compliance. Its services span HR, vendor management, advisory, Reg-Tech, and HR-Tech, serving 500+ clients across 30+ industries in 20 states. Between FY23–FY25, the company achieved a 10.75% revenue CAGR, demonstrating scalability and sustained demand for its solutions. Additionally, Core Integra founded a subsidiary in 2016, Core Integra Global Services Private Limited (CIGSPL), a next-generation digital automation company specializing in in-house, cloud-based Software-as-a-Service (SaaS) solutions.
The proceeds from the IPO will be strategically deployed to upgrade IT infrastructure, strengthen the leadership team, and enhance brand visibility and awareness. Strategic investments in technology have strengthened Core Integra’s HR-Tech and Reg-Tech platforms, and the company plans to continue leveraging technological advancements to drive scalability, improve compliance, and foster digital innovation.
Headquartered in Mumbai, Core Integra also operates regional offices in Pune, Solapur, Bangalore, Chennai, Delhi, and Kolkata, reinforcing its Pan-India presence