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. Enfuse Solutions generates revenue from domestic operations in India and exports services to countries like the USA, Ireland, Netherlands, and Canada.
As of November 30, 2023, the Company has employed a total of 433 individuals at various levels of the organization, including key members.
Enfuse Solutions IPO – Details
| IPO Opening Date | 15 March 2024 |
| IPO Closing Date | 19 March 2024 |
| Issue Type | Book Built Issue IPO |
| Issue Size | 23,37,600 Shares Worth ₹22.44 Crore Fresh Issue: 23,37,600 Shares Worth ₹22.44 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹91 – ₹96 |
| Market Lot | 1200 Shares |
| Min Order | 1200 Shares (1 Lot) |
| Listing At | NSE SME |
| Register | Bigshare Services Pvt Ltd |
| QIB Shares Offered | 50% |
| NII (HNI) Shares Offered | 15% |
| Retail Shares Offered | 35% |
Enfuse Solutions IPO – Date Schedule
| IPO Open Date | 15 March 2024 |
| IPO Close Date | 19 March 2024 |
| Basis of Allotment | 20 March 2024 |
| Initiation of Refund | 21 March 2024 |
| Credit of Shares to Demat Account | 21 March 2024 |
| IPO Listing Date | 22 March 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on March 19, 2024 |
Enfuse Solutions IPO – Lots Size & Price
| Application | Lots | Shares | Amount ( Cut-Off) |
| Retail (Minimum) | 1 | 1200 | ₹1,15,200 |
| Retail (Maximum) | 1 | 1200 | ₹1,15,200 |
| HNI (Minimum) | 2 | 2400 | ₹2,30,400 |
Competitive Strengths
- Experienced Promoters along with qualified Employee base.
- Diversified revenue from multiple geographies.
- Diversified client base and revenue sources.
- Wide range of professional and technical services.
Company Promoters
- Imran Yasin Ansari
- Mohammedk Lalmohammed Shaikh
- Rahul Mahendra Gandhi
- Zaynulabedin Mohmadbhai Mira
Object Of The Issue
- Repayment of certain Borrowings availed by the Company;
- To meet Working Capital requirements; and
- General Corporate Purpose
Company Financial
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2021 | 17.20 | 15.11 | 1.55 | – |
| 31 March 2022 | 25.56 | 22.87 | 1.98 | 2.34 |
| 31 March 2023 | 26.10 | 22.13 | 2.92 | 2.42 |
| 30 September 2023 | 28.05 | 23.71 | 3.22 | 9.05 |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 39.88% |
| ROCE | 24.05% |
| RoNW | 33.25% |
| P/BV | 7.57 |
| PAT Margin (%) | 11.51 |
| Pre IPO | Post IPO | |
| EPS (Rs) | 4.5 | 4.03 |
| P/E (x) | 21.35 | 23.8 |
Enfuse Solutions IPO Promoter Holding
| Pre Issue Share Holding | 100.00% |
| Post Issue Share Holding | – |
Enfuse Solutions IPO Prospectus
Company Contact Information
| Enfuse Solutions Limited A/1503, Bonaventure Building No.5, Rangnath Kesar Road, Dahisar West Mumbai 400068 Phone: +91-22-28118383 Email: cs@enfuse-solutions.com Website: https://www.enfuse-solutions.com/ |
Enfuse Solutions IPO Registrar
| Bigshare Services Pvt Ltd Phone: +91-22-6263 8200 Email: ib@hemsecurities.com Website: https://ipo.bigshareonline.com/ipo_status.html |
Enfuse Solutions IPO Lead Manager(s)
| 1. Hem Securities Limited |
Enfuse Solutions IPO FAQs
| What is Enfuse Solutions IPO? Enfuse Solutions IPO is a SME IPO. The issue is priced at ₹91 – ₹96 per equity share. The IPO is to be listed on NSE SME. |
| When Enfuse Solutions IPO will open? The IPO is to open on 15 March 2024 for QIB – 50%, NII – 15% and Retail – 35% Investors. |
| How to Enfuse Solutions IPO? You can apply Enfuse Solutions IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Enfuse Solutions IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Enfuse Solutions”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the Enfuse Solutions IPO through Edelweiss? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Enfuse Solutions”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Edelweiss. |
| What is Enfuse Solutions IPO Size? Enfuse Solutions IPO size is ₹22.44 crores. |
| What is Enfuse Solutions IPO Price Band? Enfuse Solutions IPO Price Band is ₹91 – ₹96. |
| What is Enfuse Solutions IPO Minimum and Maximum Lot Size? The minimum bid is 1200 Shares with ₹1,15,200 amount while the maximum bid is 1200 shares with ₹1,15,200. |
| What is the Enfuse Solutions IPO Allotment Date? Enfuse Solutions IPO allotment date is 20 March 2024. |
| What is the Enfuse Solutions IPO Listing Date? Enfuse Solutions IPO listing date is 22 March 2024. The IPO is to list on NSE SME. |
