viewintelliHR Holdings Ltd

intelliHR Holdings will list next week after raising $4.5 million in IPO

The company has a cloud-based people management and data analytics platform.

ASX sign
HR processes are combined with data analytics

intelliHR Holdings Limited (ASX:IHR) will list on the ASX on Tuesday 23 January after raising $4.5 million in its IPO at an offer price of $0.30 per share.

The cloud-based people management and data analytics platform also raised $4 million in a pre-IPO offering.

The company closed the IPO early due to strong investor demand.

Company launched in 2013

intelliHR, which launched in 2013, combines the automation of HR processes with data analytics.

It believes that Software-as-a-Service (SaaS)-based systems will become industry standard in HR management in the near future.

Rob Bromage, managing director, said: “Going into the IPO process, we knew there was strong interest but we have been significantly oversubscribed, so it’s certainly a sign of a very exciting new chapter we are about to embark on.

“I believe the success of the IPO has put us in a very strong position as we head into our ASX listing.

“We intend to invest the capital into further development of our world-class technology and also into our expansion strategy.”

Quick facts: intelliHR Holdings Ltd

Price: 0.19 AUD

Market: ASX
Market Cap: $36.75 m

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events


The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...



Alpha Growth PLC using experienced team to start Alpha Growth and Income...

Alpha Growth PLC (LON: ALGW) CEO Gobind Sahney joined Steve Darling from Proactive to discuss the fund called Alpha Growth and Income fund or AGI. This funds prospective client are family offices, pension funds, and other institutions that still wish to receive some income but also want their...

5 hours, 9 minutes ago

2 min read