Enfuse Solutions Ltd. IPO

Q: What is the size of Enfuse Solutions Ltd. IPO?

The size of the Enfuse Solutions Ltd. IPO is &#8377;22.44 Cr.

Q: What is the price range of Enfuse Solutions Ltd. IPO?

The price range of Enfuse Solutions Ltd. IPO is at &#8377;91 to &#8377;96 per share.

Q: What is the minimum investment and lot size required for the Enfuse Solutions Ltd. IPO?

The minimum investment required is &#8377;1,15,200 and minimum lot size is 1200 shares.

Q: What is the objective of Enfuse Solutions Ltd. IPO?

1. Repayment of certain Borrowings availed by the Company{BREAK}2. To meet Working Capital requirements{BREAK}3. General Corporate Purpose

Enfuse Solutions Ltd., established in 2017, operates in the IT Enabled Services sector. The company's IPO opened on March 15, 2024 and closed on March 19, 2024, with an issue price of ₹96. The Enfuse ... Read more

Min Investment

₹ 1,15,200 / 1200 shares

Price Range

₹91 - ₹ 96

Bidding Dates

15 Mar '24 - 19 Mar '24

Total Issue Value

22.44 Cr

Lot Size

1,200

Total Issue Size

22.44 Cr

Listing At

NSE SME

Subscription

360.79 times

NSE Price

217.00 (126.04%)

IPO Timeline

15 Mar 2024

Bidding Starts
19 Mar 2024

Bidding Ends
20 Mar 2024

Allotment Finalization
22 Mar 2024

Listing

About Enfuse Solutions Ltd.

Our business operations encompass various domains (i) In Data Management & Analytics, we organize and analyze data, providing tailored insights for informed decision-making such as Master data Management, Product information Management etc (ii) E-commerce & Digital Services form a core ... Read more

Parent organisation

Founded

Enfuse Solutions Ltd.

2017

Enfuse Solutions Ltd. IPO Reservation

Investors Category	Shares Offered
Anchor Investors	6,65,280 (28.46%)
Market Makers	1,20,000 (5.13%)
Non Institutional Investors	3,32,640 (14.23%)
Qualified Institutional Buyers (QIBs)	4,43,520 (18.97%)
Retail Individual Investors (RIIs)	7,76,160 (33.2%)

Enfuse Solutions Ltd. Financial Information

Year End	Revenue	PAT	Reserves & Surplus
31 Mar 2024	39.99 Cr	5.36 Cr	23.03 Cr
31 Mar 2023	26.10 Cr	2.93 Cr	6.46 Cr
31 Mar 2022	25.57 Cr	1.98 Cr	3.54 Cr

Enfuse Solutions Ltd. Background

Major Events And Milestones

2017

Incorporation of the Company.
2021

Established Wholly Owned Subsidiary namely Enfuse Solutions S.R.L. in Bucharest, Romania
2022

Crossed Revenue of ?25 crores
2023

Conversion of the Company from Private Limited to Public Limited Company.

Enfuse Solutions Ltd. Object of Issues

1. Repayment of certain Borrowings availed by the Company
2. To meet Working Capital requirements
3. General Corporate Purpose

Enfuse Solutions Ltd. IPO Listing Details

Listing Date

22 Mar 2024

NSE Symbol

ENFUSE

ISIN

INE0S3X01014

Final Issue Price

₹ 96

Enfuse Solutions Ltd. Listing Day Trading Information

Pricing Details	BSE	NSE
Issue Price	-	₹ 96.00
Open	-	₹ 115.00
Low	-	₹ 109.25
High	-	₹ 120.00
Last Trade	-	₹ 115.45

Enfuse Solutions Ltd. Company Promoters

1. Imran Yasin Ansari
2. Mohammedk Lalmohammed Shaikh
3. Rahul Mahendra Gandhi
4. Zaynulabedin Mohmadbhai Mira

Industry Overview

The IT & BPM sector has become one of the most significant growth catalysts for the Indian economy, contributing significantly to the country’s GDP and public welfare. The IT industry accounted for 7.4% of India’s GDP in FY22, and it is expected to contribute 10% to India’s ... Read more

Enfuse Solutions Ltd. Contact Details

Address: A/1503, Bonaventure Building No.5, Rangnath Kesar Road, Dahisar West, Mumbai Maharashtra - 400068
Phone no:28118383

Email: [email protected]

28118383

Visit Website

Enfuse Solutions Ltd. IPO Registrar

Bigshare Services Private Limited.

S6-2, 6th Floor, Pinnacle Business Park, Mahakali Caves Road, Next to Ahura Centre, Andheri East, Mumbai Maharashtra - 400093

62638200

Enfuse Solutions Ltd. IPO Lead Manager(s)

Hem Securities Ltd

No.904, Naman Midtown-Wing A, 9th Floor, Senapati Bapat Marg, Elphinstone Road, Lower Parel, Mumbai Maharashtra - 400013

49060000

FAQs

When does Enfuse Solutions Ltd. IPO opens and closes?

Enfuse Solutions Ltd. IPO opens from 15th March to 19th March 2024.

What is the size of Enfuse Solutions Ltd. IPO?

The size of the Enfuse Solutions Ltd. IPO is ₹22.44 Cr.

What is the price range of Enfuse Solutions Ltd. IPO?

The price range of Enfuse Solutions Ltd. IPO is at ₹91 to ₹96 per share.

What is the minimum investment and lot size required for the Enfuse Solutions Ltd. IPO?

The minimum investment required is ₹1,15,200 and minimum lot size is 1200 shares.

When is Enfuse Solutions Ltd. IPO listing date?

The Enfuse Solutions Ltd. IPO will be listed on 22nd March 2024.

What is the objective of Enfuse Solutions Ltd. IPO?

1. Repayment of certain Borrowings availed by the Company
2. To meet Working Capital requirements
3. General Corporate Purpose

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