Enser Communications Limited IPO
Enser Communications Limited is an NSE SME IPO listed on the NSE SME platform, priced at ₹70 per share. The stock debuted at ₹72, delivering a listing gain of 2.9%. The IPO had a lot size of ₹2000 shares and a minimum investment of ₹1,40,000.
Enser Communications Limited IPO
- IPO Dates
- Mar 15, 2024 – Mar 19, 2024
- Price band
- ₹70 per equity share
- Minimum Investment
- ₹1,40,000
- Issue size
- ₹16.17 Cr
- Lot size
- 2000
- 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
Enser Communications Limited IPO Essentials
Enser Communications Limited IPO Details
Enser Communications Limited IPO is priced at ₹70 per share with a total issue size of 16.17 crore. The IPO has a lot size of 2000 shares and is listed on NSE SME.
- Issue price
- ₹70 per equity share
- Lot size
- 2000 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 2,310,000 shares(aggregating up to ₹16.17 Cr)
- Total issue size
- 23,10,000 shares
(aggregating up to ₹16.17 crore) - Fresh issue
- 23,10,000 shares
(aggregating up to ₹16.17 crore) - Listing at
- NSE SME
- List price
- 72.0
- Listing date
- Registrar
- Skyline Financial Services Private Ltd
- Lead manager
-
Fast Track Finsec Pvt Ltd
Market Lot Size
Investors can bid for a minimum of 2000 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 | 2000 | ₹1,40,000 |
| Retail(max) | 1 | 2000 | ₹1,40,000 |
| NII (min) | 2 | 4,000 | ₹2,80,000 |
Enser Communications Limited IPO Reservation
Enser Communications Limited IPO reservation details show category-wise allocation of shares. Out of the total 2,310,000 shares, approximately 47.45% for retail investors, and 5.11% for market maker.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | NA (NA%) | |
| Market Maker Shares Offered | 118,000 (5.11%) | |
| Retail Shares Offered | 1,096,000 (47.45%) | |
| Total Shares Offered | 2,310,000 (100%) |
Enser Communications Limited IPO Analytics
Enser Communications Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Enser Communications Limited IPO Subscription Status
Enser Communications 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 | 1,096,000 | 1,096,000 | 2,192,000 |
|
Day 1
15-03-24 06:00 PM
|
(0.59) x | 1.87 x | 1.23 x |
|
Day 2
18-03-24 06:00 PM
|
(1.47) x | 5.34 x | 3.40 x |
|
Day 3
19-03-24 06:00 PM
|
(3.75) x | 10.92 x | 7.33 x |
Enser Communications Limited Valuations
Earnings
- EPS Pre IPO
- ₹2.50/-
- EPS Post IPO
- ₹4.91/-
- P/E Pre IPO
- 28.02
- P/E Post IPO
- 14.26
Returns
- ROE
- 32.76%
- ROCE
- 34.61%
- RoNW
- 32.76%
- PAT Margin
- 213.98
Fundamentals
- Price / Book
- 6.46
Enser Communications Limited Financials( In Lakhs)
| 31-Mar-23 | 31-Mar-22 | 31-Mar-21 | |
|---|---|---|---|
| Assets | 1,383.92 | 870.42 | 662.41 |
| Revenue | 2,590.97 | 1,686.47 | 961.30 |
| Profit After Tax | 160.06 | 77.92 | -11.74 |
| Net Worth | 394.78 | 234.71 | 156.78 |
| Reserves & Surplus | 393.78 | 233.71 | 155.78 |
| Total Borrowing | 631.88 | 309.37 | 276.92 |
Enser Communications Limited Company & Offer Insights
About Enser Communications Limited
Enser Communications Limited is a company incorporated in 2008, offering BPM services to the insurance, e-commerce, education, and travel industries for businesses.
Enser has 4 main business verticals:
Customer Acquisition Services
Customer services
IT infrastructure management services
Data management services
The above verticals also encompass business analytics, customer relationship management (CRM), interactive voice response systems (IVRS), solutions in customer interaction management, and technology-enabled infrastructures. Developments of various solutions include payment reminders or collection/subscription collections, process re-engineering, transaction monitoring systems, ERP implementations and maintenance work for applications, especially for customer relationships and web-based chat services as well as transactions or debt collections. Sales, lead generation services for customers, the same support given for business as also outsourcing or process management, or BPM, include knowledge process consulting and contact centre or customer acquisition services.
The clients of the company are Acko General Insurance Limited, Ola Financials Services Pvt Ltd, Metis Eduventures Pvt Ltd, National Health Authority (Government), Reliance Nippon Life Insurance Company Ltd, Class 21A Technologies Pvt Ltd, Acko Technology & Services Pvt ltd, Girnar Finserv Pvt ltd, Gaadi web Private Limited, and G C web ventures Pvt Ltd.
The company had 780 full-time employees as of December 31, 2023.
Enser Communications Limited Promoter(s)
Mr. Harihara Subramanian Iyer, Mr. Rajnish Omprakash Sarna, Mrs. Gayatri Rajnish Sarna, Mrs. Sindhu Saseedharan Nair are the company's promoters of Enser Communications Limited.
Enser Communications Limited IPO Issue Objectives
- •
- To invest in IT Infrastructure
- •
- To meet the Working Capital requirements of the Company
- •
- To meet the General Corporate Purposes
- •
- To meet the Issue Expenses.
Enser Communications Limited IPO - Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Enser Communications Limited | 2.66 | N/A | 6.57 | 26.32 | 0.4 | 10.65 | Standalone |
| One Point One Solutions Limited | 0.47 | N/A | 2.78 | 108.08 | 0.16 | 23.45 | Standalone |
| Hinduja Global Solutions Ltd. | 62.84 | N/A | 839.16 | 16.09 | 0.05 | 1.19 | Standalone |
| Eclerx Services Ltd. | 76.45 | N/A | 241.25 | 33.81 | 0.32 | 11.23 | Standalone |
Notes:
- Considering the nature and turnover of the business of the Company, the peers are not strictly comparable. However, the same has been included for broader comparison.
- The figures for Enser Communications Limited are based on the restated results for the year ended March 31, 2023.
- The figures for the peer group are based on standalone audited results for the respective year ended March 31, 2023.
- The Current Market Price (CMP) is the closing price of the respective scrip as on December 4, 2023.
Contact Information
Contact Details
Enser Communications Limited
0124-4258077
5 th Floor, 501-506, Arihant Aura Turbhe, Navi Mumbai, Sanpada Thane - 400703
Registrar Contact Details
Skyline Financial Services Private Ltd
02228511022
Frequently Asked Questions
Click any question to reveal the answer
Enser Communications Limited IPO is a Fixed Priced IPO worth ₹16.17 crore. The issue price is ₹70 per share (fixed price). The IPO opens on Mar 15, 2024 and closes on Mar 19, 2024. It will be listed on NSE SME Platform. Skyline Financial Services Private Ltd is the registrar.
The issue price of Enser Communications Limited IPO is ₹70 per share (fixed price).
The lot size of Enser Communications Limited IPO is 2000 shares.
The minimum investment for Enser Communications Limited IPO is approximately ₹1,40,000 based on the issue price .
Enser Communications Limited IPO opens on Mar 15, 2024 and closes on Mar 19, 2024.
The allotment date of Enser Communications Limited IPO is Mar 20, 2024.
Enser Communications Limited IPO is expected to be listed on Mar 22, 2024, on NSE SME Platform.
Enser Communications Limited IPO valuation snapshot: P/E 14.26, EPS ₹4.91/-, P/B 6.46, RoNW 32.76%, and market cap N/A.
To apply for Enser Communications 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 Enser Communications 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 Enser Communications Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Enser Communications Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Enser Communications Limited IPO allotment status on IPO Ji for quick and easy access.