Enfuse Solutions Limited IPO (Enfuse Solutions IPO)

Enfuse Solutions Limited IPO
Upcoming Enfuse Solutions IPO | New Enfuse Solutions IPO

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 Date15 March 2024
IPO Closing Date19 March 2024
Issue TypeBook Built Issue IPO
Issue Size23,37,600 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 Lot1200 Shares
Min Order1200 Shares (1 Lot)
Listing AtNSE SME
RegisterBigshare Services Pvt Ltd
QIB Shares Offered50%
NII (HNI) Shares Offered15%
Retail Shares Offered35%

Enfuse Solutions IPO – Date Schedule

IPO Open Date15 March 2024
IPO Close Date19 March 2024
Basis of Allotment20 March 2024
Initiation of Refund21 March 2024
Credit of Shares to Demat Account21 March 2024
IPO Listing Date22 March 2024
Cut-off time for UPI mandate confirmation5 PM on March 19, 2024

Enfuse Solutions IPO – Lots Size & Price

ApplicationLotsSharesAmount ( Cut-Off)
Retail (Minimum)11200₹1,15,200
Retail (Maximum)11200₹1,15,200
HNI (Minimum)22400₹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

ParticularsTotal RevenueTotal ExpenseProfit After TaxTotal Borrowing
31 March 202117.2015.111.55
31 March 202225.5622.871.982.34
31 March 202326.1022.132.922.42
30 September 202328.0523.713.229.05
Amount in ₹ Crore

Key Performance Indicator

PAT Margin (%)11.51
EPS (Rs)4.54.03
P/E (x)21.3523.8

Enfuse Solutions IPO Promoter Holding

Pre Issue Share Holding100.00%
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

Enfuse Solutions IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ib@hemsecurities.com

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.
Share Market IPO App
Previous articleKP Green Engineering Limited IPO (KP Green Engineering IPO)
Next articleEnser Communications Limited IPO (Enser Communications IPO)