STALWART PEOPLE SERVICES INDIA LIMITED

rhp filed

Source: SEBI

DRHP6 Jul 2026completed
RHP30 Jul 2026completed
Price band—not yet reached
Opens—not yet reached
Closes—not yet reached
Allotment—not yet reached
Listing—not yet reached

Issue price

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Issue size

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Fresh issue

₹150 Cr

Offer for sale

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What the company does

Business model: Stalwart People Services India Limited is a business services provider that offers security solutions, facilities management services, and staffing solutions to corporate clients.
Revenue drivers: Security Services, Facilities Management Services, Staffing Solutions
Customers & concentration: The company has a diverse customer base, with top 10 customers contributing 35.67% of total revenue.
geography: Significant presence in South India, contributing approximately 78.30% of total revenue.
Stated strengths: ISO 9001:2015 and ISO 45001:2018 accredited.

Context

What the company does

Stalwart People Services India Limited is a business services provider that offers security solutions, facilities management services, and staffing solutions to corporate clients. The company operates across 2,752 locations in India and the UAE, serving over 1,099 clients as of April 30, 2026.

Industry opportunity

The Indian security services market is valued at INR 1,773.9 billion in FY2026 and is expected to grow at a CAGR of 11.6% from FY2026 to FY2031. The staffing services market is also projected to grow significantly, driven by increased acceptance of temporary staffing and investments in various sectors.