Enfuse Solutions Limited IPO is an NSE SME IPO. They are going to raise ₹22.44 Crores via IPO. The issue is priced at ₹91 to ₹96 per equity share. The IPO is to be listed on NSE.
Enfuse Solutions Limited IPO opens for subscription on March 15, 2024, and closes on March 19, 2024. The allotment for the Enfuse Solutions Limited IPO is expected to be finalized on March 20, 2024. Enfuse Solutions Limited IPO will list on NSE SME with tentative listing date fixed as March 22, 2024.
| IPO Details | allotment |
| Minimum Investment ₹115,200 /1 Lot (1200 shares) | Price Range ₹91-₹96 | |
| Max Quantity 1 Lots/1200 Shares | Max Investment ₹115,200 | Retail Discount ₹0 |
| Investor category and subcategory Individual- HNI & Retail | Issue Size 22.44 Cr | Employee Discount ₹0 |
| Total Issue Size 2,337,600 Shares (aggregating up to ₹22.44 Cr) | Share Holding Pree Issue 6,510,000 | Issue Type Book Built Issue IPO |
| Fresh Issue Share 2,337,600 Shares (aggregating up to ₹22.44 Cr) | Share Holding Post Issue 8,847,600 | Listing At NSE SME |
| Market Maker Portion 120,000 shares | Face value ₹10 pr share. |
IPO Dates
| Offer Starts | 15 March 2024 |
| Offer Ends | 19 March 2024 |
| Allotment | 20 March 2024 |
| Refunds | 21 March 2024 |
| Credit of shares to Demat account | 21 March 2024 |
| IPO Listing | 22 March 2024 |
About Enfuse Solutions Limited
Incorporated in 2017, Enfuse Solutions Limited provides integrated digital solutions in data management & analytics, e-commerce & digital services, machine learning & artificial intelligence, and edtech & technology solutions.
The Company operates in four domains:
Data Management and analytics, E-commerce and Digital Services, Machine Learning and AI, and edtech and Technology Solutions.
In Data Management & Analytics, the focus is on analyzing data for informed decision-making.
E-commerce & Digital Services develops and optimizes digital platforms for seamless online experiences.
Machine Learning & AI offers innovative solutions. Edtech & Technology Solutions enhances educational experiences and provides technological solutions.
The Company has two delivery centers, one in Thane, Maharashtra and the second unit in Vikroli, Mumbai, Maharashtra.
| Incorporated in | Managing Director |
| 2017 | Mr. |
Share Holding
| Share Holding Pre-Issue | 100% |
| Share Holding Post-Issue | % |
Enfuse Solutions Limited IPO Prospectus
| Enfuse Solutions Limited IPO Prospectus | |
| DRHP Draft Prospectus | Click Here |
| RHP Draft Prospectus | Click Here |
Financials
| Year | 2023 | 2022 | 2021 |
| Revenue | ₹2,610.42 | ₹2,556.24 | ₹1,720.26 |
| Assets | ₹1,164.71 | ₹889.80 | ₹460.80 |
| Profit | ₹292.73 | ₹198.11 | ₹155.43 |
| values are in ₹. Lakhs |
Fundamentals
Company’s key performance indicators
| Values | Values | ||
| Market cap | 884.94 Cr | ROE | 39.88% |
| P/E (X) | 21.35 | ROCE | 24.05% |
| POST P/E (X) | 23.8 | EPS | 4.5 |
| Debt to Equity | RONW | 33.25% |
Objects of the Issue
The Objects of the company is to raise funds for:
- Repayment of certain Borrowings availed by the Company.
- To meet Working Capital requirements.
- General Corporate Purpose
Brokerage Firm IPO Review
- To be updated soon
| Enfuse Solutions Limited Contact Details | |
| Address | Enfuse Solutions Limited A/1503, Bonaventure Building No.5, Rangnath Kesar Road, Dahisar West Mumbai 400068 |
| Phone: | +91-22-28118383 |
| cs@enfuse-solutions.com | |
| Website | https://www.enfuse-solutions.com/ |
| Enfuse Solutions Limited IPO Registrar | |
| . | Bigshare Services Pvt Ltd |
| Phone | +91-22-6263 8200 |
| ipo@bigshareonline.com | |
| Website | http://www.bigshareonline.com |
| Enfuse Solutions Limited IPO Allotment Status Check |
| Enfuse Solutions Limited IPO Allotment Status Check Click Here |
| Enfuse Solutions Limited Lead Managers | |
| Hem Securities Limited 904, A wing, 9th Floor, Naman Midtown, Senapati bapat marg, Elphinstone road, Lower Parel, Mumbai 400 013 | |
| Phone | +91 22 49060000 |
| ipoinfo@hemonline.com | |
| Website | https://www.hemsecurities.com |
Enfuse Solutions Limited IPO FAQs
What is Enfuse Solutions Limited IPO?
- Enfuse Solutions Limited IPO is an NSE SME IPO. They are going to raise ₹22.44 Crores via IPO. The issue is priced at ₹91 to ₹96 per equity share. The IPO is to be listed on NSE.
- The IPO opens on March 15, 2024, and closes on March 19, 2024.
When Enfuse Solutions Limited IPO will open?
- The IPO is to open on March 15, 2024, for QIB is, NII, and Retail Investors. and closes on March 19, 2024
What is Enfuse Solutions Limited IPO Investors Portion?
- The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.
What is Enfuse Solutions Limited IPO Size?
- Enfuse Solutions Limited IPO size is ₹22.44 crores.
What is Enfuse Solutions Limited IPO Price Band?
- Enfuse Solutions Limited IPO Price Band is ₹91 to ₹96 per equity share.
What is Enfuse Solutions Limited IPO Minimum and Maximum Lot Size?
- The IPO bid is Minimum 1 Lot (1200 Shares) with ₹115,200. and Maximum Lot Size 1 Lots (1200 Shares) with ₹115,200
What is Enfuse Solutions Limited IPO Allotment Date?
- Enfuse Solutions Limited IPO allotment date is March 20, 2024.
What is Enfuse Solutions Limited IPO Listing Date?
- Enfuse Solutions Limited IPO listing date is March 22, 2024. The IPO to list on NSE.