Euphoria Infotech India Limited IPO
Euphoria Infotech India Limited is a BSE SME IPO listed on the BSE SME platform, priced at ₹96–₹100 per share. The stock debuted at ₹190, delivering a listing gain of 90.0%. The IPO had a lot size of ₹1200 shares and a minimum investment of ₹1,20,000.
Euphoria Infotech India Limited IPO
- IPO Dates
- Jan 19, 2024 – Jan 24, 2024
- Price band
- ₹96-100 per equity share
- Minimum Investment
- ₹1,20,000
- Issue size
- ₹9.6 Cr
- Lot size
- 1200
- Allotment Date
- Jan 25, 2024
- Listing
- Jan 30, 2024
- Listing At
- BSE SME
IPO timeline
-
Jan 19, 2024
Open Date
Completed
-
Jan 24, 2024
Close Date
Completed
-
Jan 25, 2024
Allotment Date
Completed
-
Jan 30, 2024
Listing Date
Completed
Euphoria Infotech India Limited IPO Essentials
Euphoria Infotech India Limited IPO Details
Euphoria Infotech India Limited IPO is priced at ₹96-100 per share with a total issue size of 9.6 crore. The IPO has a lot size of 1200 shares and is listed on BSE SME.
- Issue price
- ₹96-100 per equity share
- Lot size
- 1200 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 960,000 shares(aggregating up to ₹9.60 Cr)
- Total issue size
- 9,60,000 shares
(aggregating up to ₹9.6 crore) - Fresh issue
- 9,60,000 shares
(aggregating up to ₹9.6 crore) - Listing at
- BSE SME
- List price
- 190.0
- Listing date
- Registrar
- Mas Services Limited
- Lead manager
-
Khandwala 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 | ₹1,20,000 |
| Retail(max) | 1 | 1200 | ₹1,20,000 |
| NII (min) | 2 | 2,400 | ₹2,40,000 |
Euphoria Infotech India Limited IPO Reservation
Euphoria Infotech India Limited IPO reservation details show category-wise allocation of shares. Out of the total 960,000 shares, approximately 2.88% are reserved for QIB, 27.63% for NII, 64.5% for retail investors, and 5% for market maker.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | - (NA%) | |
| Market Maker Shares Offered | 48,000 (5%) | |
| QIB Shares Offered | 27,600 (2.88%) | |
| NII (HNI) Shares Offered | 265,200 (27.63%) | |
| Retail Shares Offered | 619,200 (64.5%) | |
| Total Shares Offered | 960,000 (100%) |
Euphoria Infotech India Limited IPO Analytics
Euphoria Infotech India Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Euphoria Infotech India Limited IPO Subscription Status
Euphoria Infotech India 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 | 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
Earnings
- EPS Pre IPO
- ₹6.68/-
- EPS Post IPO
- ₹4.17/-
- P/E Pre IPO
- 14.97
- P/E Post IPO
- 23.99
Returns
- ROE
- 38%
- ROCE
- 49%
- RoNW
- 31.62%
Fundamentals
- Debt / Equity
- 0.38
- Price / Book
- 4.73
Euphoria Infotech India Limited Financials( In Lakhs)
| 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 |
Euphoria Infotech India Limited Company & Offer Insights
About Euphoria Infotech India Limited
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 IPO Issue Objectives
- •
- Working Capital requirement
- •
- General Corporate Expenses
Euphoria Infotech India Limited IPO - Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Euphoria Infotech India Limited | 6.68 | 6.68 | 21.12 | 14.97 | 31.62 | 4.73 | Consolidated |
| Infobeans Technologies Limited | 14.83 | 14.83 | 111.97 | 30.36 | 13.24 | 4.02 | Standalone |
| Xchanging Solutions Ltd. | 4.03 | 4.03 | 60.7 | 13.21 | 19.54 | 0.88 | Standalone |
Notes:
- Based on restated financial statements of the Company for Financial Year 2023.
- Based on closing market price as on March 31, 2023, on BSE and EPS for the year ended March 31, 2023, extracted from the respective annual report of the Company, as available on the BSE website.
- EPS is calculated after adjusting the number of Bonus Shares issued on 12-01-2023.
Contact Information
Contact Details
Euphoria Infotech India Limited
+91 33 4602 1034
https://www.euphoriainfotech.com/
Bengal Eco Intelligent Park, Building, Tower I, EM-3, Unit 16, 13th Floor, Sector V, Salt Lake City, Kolkata 700091
Registrar Contact Details
Frequently Asked Questions
Click any question to reveal the answer
Euphoria Infotech India Limited IPO is a book-built IPO worth ₹9.6 crore. The price band is ₹96–₹100 per share. The IPO opens on Jan 19, 2024 and closes on Jan 24, 2024. It will be listed on BSE SME Platform. Mas Services Limited is the registrar.
The price band of Euphoria Infotech India Limited IPO is ₹96 to ₹100 per share.
The lot size of Euphoria Infotech India Limited IPO is 1200 shares.
The minimum investment for Euphoria Infotech India Limited IPO is approximately ₹1,20,000 based on the upper price band .
Euphoria Infotech India Limited IPO opens on Jan 19, 2024 and closes on Jan 24, 2024.
The allotment date of Euphoria Infotech India Limited IPO is Jan 25, 2024.
Euphoria Infotech India Limited IPO is expected to be listed on Jan 30, 2024, on BSE SME Platform.
Euphoria Infotech India Limited IPO valuation snapshot: P/E 23.99, EPS ₹4.17/-, P/B 4.73, RoNW 31.62%, and market cap N/A.
To apply for Euphoria Infotech India 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 Euphoria Infotech India 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 Euphoria Infotech India Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Euphoria Infotech India Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Euphoria Infotech India Limited IPO allotment status on IPO Ji for quick and easy access.