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 RHP

The IPO of Enfuse Solutions Limited is priced at ₹91-96 per equity share, which has a face value of ₹10 Per Equity Share each. The company shall list its equity shares on NSE SME. Bigshare Services Pvt Ltd is the registrar of the issue.

Enfuse Solutions Limited IPO bid opening date is from Mar 15, 2024 and the bid closing date was Mar 19, 2024.
Enfuse Solutions Limited IPO allotment result will be available on Mar 20, 2024. The tentative listing date for Enfuse Solutions Limited is Mar 22, 2024.

The total issue size is 2,337,600 shares(aggregating up to ₹22.44 Cr).

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

ROE

39.88%

ROCE

24.05%

RoNW

33.25%

PAT Margin

11.51

Price to Book Value

7.57

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

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)

Pre Issue Share Holding: 100%

Post Issue Share Holding: 73.58%

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

Other Details

Company Contact Details

Enfuse Solutions Limited

A/1503, Bonaventure Building, No.5, Rangnath Kesar Road, Dahisar West, Mumbai - 400068

Phone: +91-22-28118383

Email: cs@enfuse-solutions.com

Website: https://www.enfuse-solutions.com/

Registrar Contact Details

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200

Email: ipo@bigshareonline.com

Website: https://ipo.bigshareonline.com/ipo_status.html

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.