Enfuse Solutions Limited IPO
Enfuse Solutions Limited is an NSE SME IPO listed on the NSE SME platform, priced at ₹91–₹96 per share. The stock debuted at ₹115, delivering a listing gain of 19.8%. The IPO had a lot size of ₹1200 shares and a minimum investment of ₹1,15,200.
Enfuse Solutions Limited IPO
- IPO Dates
- Mar 15, 2024 – Mar 19, 2024
- Price band
- ₹91-96 per equity share
- Minimum Investment
- ₹1,15,200
- Issue size
- ₹22.44 Cr
- Lot size
- 1200
- Allotment Date
- Mar 20, 2024
- Listing
- Mar 22, 2024
- Listing At
- NSE SME
IPO timeline
-
Mar 15, 2024
Open Date
Completed
-
Mar 19, 2024
Close Date
Completed
-
Mar 20, 2024
Allotment Date
Completed
-
Mar 22, 2024
Listing Date
Completed
Enfuse Solutions Limited IPO Essentials
Enfuse Solutions Limited IPO Details
Enfuse Solutions Limited IPO is priced at ₹91-96 per share with a total issue size of 22.44 crore. The IPO has a lot size of 1200 shares and is listed on NSE SME.
- Issue price
- ₹91-96 per equity share
- Lot size
- 1200 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 2,337,600 shares(aggregating up to ₹22.44 Cr)
- Total issue size
- 23,37,600 shares
(aggregating up to ₹22.44 crore) - Fresh issue
- 23,37,600 shares
(aggregating up to ₹22.44 crore) - Listing at
- NSE SME
- List price
- 115.0
- Listing date
- Registrar
- Bigshare Services Pvt Ltd
- Lead manager
-
Hem Securities Limited
Market Lot Size
Investors can bid for a minimum of 1200 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 1200 | ₹1,15,200 |
| Retail(max) | 1 | 1200 | ₹1,15,200 |
| NII (min) | 2 | 2,400 | ₹2,30,400 |
Enfuse Solutions Limited IPO Reservation
Enfuse Solutions Limited IPO reservation details show category-wise allocation of shares. Out of the total 2,337,600 shares, approximately 18.99% are reserved for QIB, 14.27% for NII, 33.21% for retail investors, 5.13% for market maker, and 28.39% for anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 663,600 (28.39%) | |
| Market Maker Shares Offered | 120,000 (5.13%) | |
| QIB Shares Offered | 444,000 (18.99%) | |
| NII (HNI) Shares Offered | 333,600 (14.27%) | |
| Retail Shares Offered | 776,400 (33.21%) | |
| Total Shares Offered | 2,337,600 (100%) |
Enfuse Solutions Limited IPO Analytics
Enfuse Solutions Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Enfuse Solutions Limited IPO Subscription Status
Enfuse Solutions Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| 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 |
Enfuse Solutions Limited Valuations
Earnings
- EPS Pre IPO
- ₹4.50/-
- EPS Post IPO
- ₹4.03/-
- P/E Pre IPO
- 21.35
- P/E Post IPO
- 23.8
Returns
- ROE
- 39.88%
- ROCE
- 24.05%
- RoNW
- 33.25%
- PAT Margin
- 11.51
Fundamentals
- Price / Book
- 7.57
Enfuse Solutions Limited Financials( In Lakhs)
| 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 |
Enfuse Solutions Limited Company & Offer Insights
About Enfuse Solutions Limited
Incepted in 2017, Enfuse Solutions Limited covers all the areas of data management and analytics, e-commerce and digital services, machine learning and artificial intelligence, education, and technology solutions.
The firm operates in four areas:
Data Management & Analytics, E-commerce & Digital Services, Machine Learning & Artificial Intelligence and Edtech & Technology Solutions. In the area of Data Management & Analytics, it makes analyses of data to come up with relevant decisions.
E-commerce & Digital Services: This helps in developing and optimizing digital platforms so that there are smooth online experiences. Machine Learning & AI: this provides new age solutions. Edtech & Technology Solutions improves the learning experience and has technological solutions. The company has two delivery centers, namely one at Thane, Maharashtra, and the second is at Vikroli, Mumbai, Maharashtra.
Revenue is earned by the company through the revenues of their domestic business in India and export services to the US, Ireland, the Netherlands, and Canada.
As of December 31, 2023, the Company has a total number of 448 employees at different levels of the organization and key management personnel.
Enfuse Solutions Limited Promoter(s)
mran Yasin Ansari, Mohammedk Lalmohammed Shaikh, Rahul Mahendra Gandhi and Zaynulabedin Mohmadbhai Mira are the company's promoters of Enfuse Solutions Limited.
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 - Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Enfuse Solutions Limited | 4.5 | 4.5 | N/A | N/A | 45.21 | N/A | Standalone |
| Vertexplus Technologies Limited | 4.71 | 4.71 | N/A | 36.43 | 8.36 | N/A | Standalone |
| eClerx Services Limited | 97.15 | 97.15 | N/A | 25.06 | 28.5 | N/A | Standalone |
| Systango Technologies Limited | 12.76 | 12.76 | N/A | 26.76 | 22.7 | N/A | Standalone |
Notes:
- The P/E Ratio is based on the current market price of the respective scrips.
- The EPS and RoNW of the Company are taken as per the Restated Financial Statement for the Financial Year 2022-23.
- RoNW has been computed as net profit after tax divided by closing net worth.
Contact Information
Contact Details
Enfuse Solutions Limited
+91-22-28118383
https://www.enfuse-solutions.com/
A/1503, Bonaventure Building, No.5, Rangnath Kesar Road, Dahisar West, Mumbai - 400068
Registrar Contact Details
Bigshare Services Pvt Ltd
+91-22-6263 8200
Frequently Asked Questions
Click any question to reveal the answer
Enfuse Solutions Limited IPO is a book-built IPO worth ₹22.44 crore. The price band is ₹91–₹96 per share. The IPO opens on Mar 15, 2024 and closes on Mar 19, 2024. It will be listed on NSE SME Platform. Bigshare Services Pvt Ltd is the registrar.
The price band of Enfuse Solutions Limited IPO is ₹91 to ₹96 per share.
The lot size of Enfuse Solutions Limited IPO is 1200 shares.
The minimum investment for Enfuse Solutions Limited IPO is approximately ₹1,15,200 based on the upper price band .
Enfuse Solutions Limited IPO opens on Mar 15, 2024 and closes on Mar 19, 2024.
The allotment date of Enfuse Solutions Limited IPO is Mar 20, 2024.
Enfuse Solutions Limited IPO is expected to be listed on Mar 22, 2024, on NSE SME Platform.
Enfuse Solutions Limited IPO valuation snapshot: P/E 23.8, EPS ₹4.03/-, P/B 7.57, RoNW 33.25%, and market cap N/A.
To apply for Enfuse Solutions Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Enfuse Solutions Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Enfuse Solutions Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Enfuse Solutions Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Enfuse Solutions Limited IPO allotment status on IPO Ji for quick and easy access.