Enfuse Solutions Limited IPO

NSE SME

Listed On: Mar 22, 2024 at ₹ 115.0

₹ 115200 /1200 Shares

Check Allotment

Enfuse Solutions Limited IPO Details

15 Mar, 2024

Open Date

19 Mar, 2024

Close Date

20 Mar, 2024

Allotment Date

22 Mar, 2024

Listing Date

Issue Price

₹91-96 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Bigshare Services Pvt Ltd

List Price

115.0

Listing Date

2024-03-22

Market Lot

1200 Shares (₹115,200/-)

Lead Manager

Hem Securities Limited

Issue Size

2,337,600 shares(aggregating up to ₹22.44 Cr)

Retail Portion

35%

Subscription

357.39 times

IPO Docs

DRHP

Enfuse Solutions Limited IPO Subscription Details

As on	QIB / NII	Retail	Total
Shares Offered / Reserved	444,000 / 333,600	776,400	1,554,000
Day 1 - 15-03-24 06:00 PM	1.93 / 5.27 x	13.36 x	8.36 x
Day 2 - 18-03-24 06:00 PM	3.57 / 35.01 x	60.64 x	38.83 x
Day 3 - 19-03-24 06:00 PM	99.97 / 953.58 x	248.42 x	357.39 x

Total No. of Applications: 1,60,729 (Approx)

Enfuse Solutions Limited Valuations

EPS Pre IPO

₹4.50/-

EPS Post IPO

₹4.03/-

P/E Pre IPO

21.35

P/E Post IPO

23.8

RoNW

33.25%

Enfuse Solutions Limited Company Financials All values are in ₹ Lakh

	31-Mar-23	31-Mar-22	31-Mar-21
Assets	1,164.71	889.80	460.80
Revenue	2,610.42	2,556.64	1,720.26
Profit After Tax	292.73	198.11	155.43

About The Company

Enfuse Solutions Limited provides integrated digital solutions in data management & analytics, e-commerce & digital services, machine learning & artificial intelligence, and edtech & technology solutions.

The company operates in four domains:
Data Management and analytics, E-commerce and digital Services, Machine Learning and AI, and Edtech and technology Solutions.
In Data Management & Analytics, the focus is on analyzing data for informed decision-making.
E-commerce & Digital Services develops and optimizes digital platforms for seamless online experiences.
Machine Learning & AI offers innovative solutions. Edtech & Technology Solutions enhances educational experiences and provides technological solutions.

The company has two delivery centers one in Thane, Maharastha and the second unit in Vikroli, Mumbai, Maharashtra.
The company generates revenue from domestic operations in India and exports services to countries like USA, Ireland, Netherlands, and Canada.

As of November 30,2023, the Company has employed a total of 433 individuals at various levels of the organization, including key members.

Enfuse Solutions Limited - Promoter(s)

Pre Issue Share Holding: %

Post Issue Share Holding: %

Company Promoter(s)

mran Yasin Ansari, Mohammedk Lalmohammed Shaikh, Rahul Mahendra Gandhi and Zaynulabedin Mohmadbhai Mira

Enfuse Solutions Limited IPO - Issue Objectives

Repayment of certain Borrowings availed by the Company
To meet Working Capital requirements
General Corporate Purpose

Enfuse Solutions Limited IPO - FAQs

Ans. Enfuse Solutions Limited IPO is a SME IPO. The issue is priced at ₹91-96 per equity share. The minimum order quantity is 1200 Shares. The IPO opens on Mar 15, 2024, and closes on Mar 19, 2024. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Ans. The Enfuse Solutions Limited IPO opens on Mar 15, 2024 and closes on Mar 19, 2024.

Ans. The size of Enfuse Solutions Limited IPO is 2,337,600 shares(aggregating up to ₹22.44 Cr).

Ans. The IPO price band is set between ₹91-96 per equity share.

Ans. To apply for Enfuse Solutions Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Enfuse Solutions Limited IPO in the List of IPOs
- Press "Apply" Button
- Select Your Demat Account
- Select Your Shares Quantity and Submit
- Track Your IPO Status

Ans. The share allotment date of Enfuse Solutions Limited IPO is Mar 20, 2024.

Ans. The Enfuse Solutions Limited IPO will be listed on Mar 22, 2024.

Ans. Follow the steps to check the allotment status for Enfuse Solutions Limited IPO here.