Euphoria Infotech India Limited IPO
BSE SMEListed On: Jan 30, 2024 at ₹ 190.0
₹ 120000 /1200 Shares
Check Allotment19 Jan, 2024
Open Date24 Jan, 2024
Close Date25 Jan, 2024
Allotment Date30 Jan, 2024
Listing DateIssue Price
₹96-100 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE SMERegistrar
Mas Services LimitedList Price
190.0Listing Date
2024-01-30Market Lot
1200 Shares (₹120,000/-)Lead Manager
Khandwala Securities LimitedIssue Size
960,000 shares(aggregating up to ₹9.60 Cr)Retail Portion
64.50%Subscription
383.86 timesEuphoria Infotech India Limited IPO Details
Euphoria Infotech India Limited IPO is an SME IPO, priced at ₹96-100 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the BSE SME platform. The IPO comprises a total issue of 9,60,000 equity shares, aggregating up to ₹9.6 crores..
The IPO bidding window is open from Jan 19, 2024 to Jan 24, 2024. The allotment is expected to be finalized on Jan 25, 2024, and the tentative listing date is Jan 30, 2024.
The minimum lot size for retail investors is 1200 shares, with a minimum investment of ₹1,20,000. For HNIs, the minimum application size is 2 lots , amounting to ₹ 2,40,000.
Khandwala Securities Limited is acting as the lead manager to the issue. The registrar of the IPO is Mas Services Limited, and Giriraj Stock Broking Private Limited will act as the market maker for this issue.
Euphoria Infotech India Limited IPO Subscription Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 27,600 / 265,200* | 619,200 | 912,000 |
| Day 1 - 19-01-24 06:00 PM | 3.56 / 10.84 x | 31.47 x | 24.62 x |
| Day 2 - 23-01-24 06:00 PM | 8.74 / 95.98 x | 220.41 x | 177.82 x |
| Day 3 - 24-01-24 06:00 PM | 413.26 / 237.99* x | 426.65 x | 383.86 x |
Euphoria Infotech India Limited Valuations
EPS Pre IPO
₹6.68/-EPS Post IPO
₹4.17/-P/E Pre IPO
14.97P/E Post IPO
23.99ROE
38%ROCE
49%Debt/Equity
0.38RoNW
31.62%Price to Book Value
4.73Euphoria Infotech India Limited Company Financials All values are in ₹ Lakh
| 31-Mar-23 | 31-Mar-22 | 31-Mar-21 | |
|---|---|---|---|
| Assets | 832.64 | 626.71 | 709.59 |
| Revenue | 737.56 | 493.87 | 556.14 |
| Profit After Tax | 129.71 | 21.71 | 23.91 |
| Net Worth | 410.15 | 280.46 | 260.56 |
| Reserves & Surplus | 215.96 | 279.17 | 259.27 |
| Total Borrowing | 155.09 | 123.06 | 119.69 |
About The Company
Euphoria Infotech India Limited was incorporated in May 2001. It is a full-stack IT and ITes solution company based out of Kolkata, West Bengal. It offers IT and ITES solutions for ERP, E-commerce, IoT, cloud-based tools, and data management.
Its solutions can be categorized into five heads: customized software, e-commerce, IoT, Artificial Intelligence, and Machine Learning.
The applications comprise online recruitment and application, services of urban local bodies, university management systems, online ticket booking systems, e-commerce, and IoT-based dashboards for sewerage treatment plants and other industry-specific requirements.
As of 31 May 2023, the company has an employee strength of 29 at various departments; these include accounts, business development, software development, and Legal and Compliance. At the same time, the company has contracted IT professionals amounting to 16 who are performing software development, project implementation among others as on the same date.
Euphoria Infotech India Limited - Promoter(s)
Pre Issue Share Holding: %
Post Issue Share Holding: %
Euphoria Infotech India Limited IPO - Issue Objectives
- Working Capital requirement
- General Corporate Expenses
Other Details
Euphoria Infotech India Limited
Bengal Eco Intelligent Park, Building, Tower I, EM-3, Unit 16, 13th Floor, Sector V, Salt Lake City, Kolkata 700091Mas Services Limited
Euphoria Infotech India Limited IPO - FAQs
Ans. Euphoria Infotech India Limited IPO is a SME IPO. The issue is priced at ₹96-100 per equity share. The minimum order quantity is 1200 Shares. The IPO opens on Jan 19, 2024, and closes on Jan 24, 2024. Mas Services Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Ans. The Euphoria Infotech India Limited IPO opens on Jan 19, 2024 and closes on Jan 24, 2024.
Ans. The size of Euphoria Infotech India Limited IPO is 960,000 shares(aggregating up to ₹9.60 Cr).
Ans. The IPO price band is set between ₹96-100 per equity share.
Ans. To apply for Euphoria Infotech India Limited IPO IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Euphoria Infotech India 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 Euphoria Infotech India Limited IPO is Jan 25, 2024.
Ans. The Euphoria Infotech India Limited IPO will be listed on Jan 30, 2024.
Ans. Follow the steps to check the allotment status for Euphoria Infotech India Limited IPO here.
