Euphoria Infotech India Limited is a full-stack IT and ITes solution, based out at Kolkata, West Bengal. The company offers IT and ITES solutions for ERP, E-commerce, IoT, cloud-based tools, and data management.
The company’s solutions can be grouped into five categories:
- Customized software
- E-commerce
- IoT
- Artificial Intelligence
- Machine Learning
The applications include online recruitment, application, urban local body services, university management systems, online ticket booking systems, e-commerce, IoT-based dashboards for sewerage treatment plants and other industry-specific requirements.
As of May 31, 2023, the company employs a total of 29 people across various departments, including Accounts, Business Development, Software Development, and Legal and Compliance. Additionally, the company has contracted 16 IT professionals who are responsible for software development and project implementation as of the same date.
Euphoria Infotech India IPO – Details
| IPO Opening Date | 19 January 2024 |
| IPO Closing Date | 24 January 2024 |
| Issue Type | Book Built Issue IPO |
| Issue Size | 9,60,000 Shares Worth ₹9.60 Crore Fresh Issue: 9,60,000 Shares Worth ₹9.60 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹96 – ₹100 |
| Market Lot | 1200 Shares |
| Min Order | 1200 Shares (1 Lot) |
| Listing At | BSE SME |
| Register | Skyline Financial Services Private Ltd |
| QIB Shares Offered | 3.03% |
| NII (HNI) Shares Offered | 29.08% |
| Retail Shares Offered | 67.85% |
Euphoria Infotech India IPO – Date Schedule
| IPO Open Date | 19 January 2024 |
| IPO Close Date | 24 January 2024 |
| Basis of Allotment | 25 January 2024 |
| Initiation of Refund | 29 January 2024 |
| Credit of Shares to Demat Account | 29 January 2024 |
| IPO Listing Date | 30 January 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on Jan 24, 2024 |
Euphoria Infotech India IPO – Lots Size & Price
| Application | Lots | Shares | Amount ( Cut-Off) |
| Retail (Minimum) | 1 | 1200 | 1,20,000 |
| Retail (Maximum) | 1 | 1200 | 1,20,000 |
| HNI (Minimum) | 2 | 2400 | 2,40,000 |
Competitive Strengths
- Highly experienced Promoters and Technically Sound Operational Team.
- Domain expertise.
- Track record of growth and profitability.
- Long-term relationship with clients and repetitive business.
Company Promoters
- Mr. Shamba Bhanja
- Mrs. Supriya Gupta
Object Of The Issue
- Working Capital requirement; and
- General corporate purposes.
Company Financial
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2021 | 5.56 | 5.24 | 0.26 | 1.19 |
| 31 March 2022 | 4.93 | 4.63 | 0.19 | 1.23 |
| 31 March 2023 | 7.37 | 5.61 | 1.29 | 1.55 |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 38% |
| ROCE | 49% |
| Debt/Equity | 0.38 |
| RoNW | 31.62% |
| P/BV | 0 |
Euphoria Infotech India IPO Promoter Holding
| Pre Issue Share Holding | 100.00% |
| Post Issue Share Holding | – |
Euphoria Infotech India IPO Prospectus
- Euphoria Infotech India IPO DRHP
- Euphoria Infotech India IPO RHP
Company Contact Information
| Euphoria Infotech India Limited Bengal Eco Intelligent Park, Building, Tower I, EM-3, Unit 16, 13th Floor Sector V, Salt Lake City, Kolkata 700091 Phone: +91 33 4602 1034 Email: cs@euphoriainfotech.com Website: https://www.euphoriainfotech.com/ |
Euphoria Infotech India IPO Registrar
| Mas Services Limited Phone: (011) 2610 4142 Email: info@masserv.com Website: https://masserv.com/ |
Euphoria Infotech India IPO Lead Manager(s)
| 1. Khandwala Securities Limited |
Euphoria Infotech India IPO FAQs
| What is Euphoria Infotech India IPO? Euphoria Infotech India IPO is a SME IPO. The issue is priced at ₹96 – ₹100 per equity share. The IPO is to be listed on BSE SME. |
| When Euphoria Infotech India IPO will open? The IPO is to open on 19 January 2024 for QIB – 50%, NII – 15% and Retail – 35% Investors. |
| How to Euphoria Infotech India IPO? You can apply Euphoria Infotech India 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 Euphoria Infotech India IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Euphoria Infotech India”. 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 Euphoria Infotech India IPO through Edelweiss? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Euphoria Infotech India”. 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 Euphoria Infotech India IPO Size? Euphoria Infotech India IPO size is ₹9.60 crores. |
| What is Euphoria Infotech India IPO Price Band? Euphoria Infotech India IPO Price Band is ₹96 – ₹100. |
| What is Euphoria Infotech India IPO Minimum and Maximum Lot Size? The minimum bid is 1200 Shares with ₹1,20,000 amount while the maximum bid is 1200 shares with ₹1,20,000. |
| What is the Euphoria Infotech India IPO Allotment Date? Euphoria Infotech India IPO allotment date is 25 January 2024. |
| What is the Euphoria Infotech India IPO Listing Date? Euphoria Infotech India IPO listing date is 30 January 2024. The IPO is to list on BSE SME. |
