Enser Communications Limited IPO
NSE SMEListed On: Mar 22, 2024 at ₹ 72.0
₹ 140000 /2000 Shares
Check Allotment15 Mar, 2024
Open Date19 Mar, 2024
Close Date20 Mar, 2024
Allotment Date22 Mar, 2024
Listing DateIssue Price
₹70 per equity shareFace Value
₹10 Per Equity ShareListing at Group
NSE SMERegistrar
Skyline Financial Services Private LtdList Price
72.0Listing Date
2024-03-22Market Lot
2000 Shares (₹140,000/-)Lead Manager
Fast Track Finsec Pvt LtdIssue Size
2,310,000 shares(aggregating up to ₹16.17 Cr)Retail Portion
50%Subscription
7.33 times
The IPO of Enser Communications Limited is priced at ₹70 per equity share, which has a face value of ₹10 Per Equity Share each. The company shall list its equity shares on NSE SME. Skyline Financial Services Private Ltd is the registrar of the issue.
Enser Communications Limited IPO bid opening date is from Mar 15, 2024 and the bid closing date was Mar 19, 2024.
Enser Communications Limited IPO allotment result will be available on Mar 20, 2024. The tentative listing date for Enser Communications Limited is Mar 22, 2024.
The total issue size is 2,310,000 shares(aggregating up to ₹16.17 Cr).
Enser Communications Limited IPO Subscription Details
| 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
EPS Pre IPO
₹2.50/-EPS Post IPO
₹4.91/-P/E Pre IPO
28.02P/E Post IPO
14.26ROE
32.76%ROCE
34.61%RoNW
32.76%PAT Margin
213.98Price to Book Value
6.46Enser Communications Limited Company Financials All values are in ₹ Lakh
| 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 |
About The Company
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)
Pre Issue Share Holding: 90.13%
Post Issue Share Holding: 66.25%
- Mr. Harihara Subramanian Iyer
- Mr. Rajnish Omprakash Sarna
- Mrs. Gayatri Rajnish Sarna
- Mrs. Sindhu Saseedharan Nair
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.
Other Details
Enser Communications Limited
5 th Floor, 501-506, Arihant Aura Turbhe, Navi Mumbai, Sanpada Thane - 400703Skyline Financial Services Private Ltd
Enser Communications Limited IPO - FAQs
Ans. Enser Communications Limited IPO is a SME IPO. The issue is priced at ₹70 per equity share. The minimum order quantity is 2000 Shares. The IPO opens on Mar 15, 2024, and closes on Mar 19, 2024. Skyline Financial Services Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Enser Communications Limited IPO opens on Mar 15, 2024 and closes on Mar 19, 2024.
Ans. The size of Enser Communications Limited IPO is 2,310,000 shares(aggregating up to ₹16.17 Cr).
Ans. The IPO price band is set between ₹70 per equity share.
Ans. To apply for Enser Communications Limited IPO IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Enser Communications 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 Enser Communications Limited IPO is Mar 20, 2024.
Ans. The Enser Communications Limited IPO will be listed on Mar 22, 2024.
Ans. Follow the steps to check the allotment status for Enser Communications Limited IPO here.
