Enfuse Solutions Limited IPO

Enfuse Solutions Limited IPO bidding starts from March 13, 2024 and ends on March 15, 2024. The allotment for the Enfuse Solutions Limited IPO is expected to be finalized on March 13, 2024. Enfuse Solutions Limited IPO will list on NSE SME with tentative listing date fixed as March 13, 2024. Enfuse Solutions Limited IPO price band is set at ₹91 to ₹96 per share. The minimum lot size for an application is 1200 Shares. The minimum amount of investment required by retail investors is ₹1,15,200.

Important Dates:-

Particulars	Value
Open Date:-	March 13, 2024
Close Date:-	March 15, 2024
Allotment Date:-	March 13, 2024
Listing Date:-	March 13, 2024

About Enfuse Solutions Limited :-

Established in 2017, Enfuse Solutions Limited specializes in integrated digital solutions encompassing data management and analytics, e-commerce and digital services, machine learning and artificial intelligence, education, and technology solutions.

The company's operations are structured across four core domains. In the realm of Data Management & Analytics, the emphasis lies on leveraging data analysis for informed decision-making. E-commerce & Digital Services division is dedicated to crafting and enhancing digital platforms to ensure seamless online experiences. Machine Learning & AI division focuses on pioneering innovative solutions. Edtech & Technology Solutions division aims to enhance educational experiences and offer technological advancements.

Enfuse Solutions Limited operates from two delivery centers situated in Thane, Maharashtra, and Vikroli, Mumbai, Maharashtra. Its revenue stream originates from both domestic operations in India and the export of services to countries like the US, Ireland, the Netherlands, and Canada.

As of December 31, 2023, the company's workforce comprised 448 employees across various hierarchical levels, including key management personnel.

Contact Details :-

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

Phone:- +91-22-28118383

E-mail:- cs@enfuse-solutions.com

Website:- https://www.enfuse-solutions.com/

IPO Details :-

Particulars	Value
IPO Type:-	SME
Price:-	₹91 to ₹96
Lot Size:-	1200
Minimum Amount for 1 Lot:-	₹1,15,200
Listing At:-	NSE SME
Total issue of Shares:-	23,37,600
Total issue Size:-	₹22.44 Crore
Fresh issue of Shares:-	23,37,600
Fresh issue Size:-	₹22.44 Crore
Face Value:-	₹10 per Equity Share

Financial Information :-

Amount in ₹ Lakh

Period Ended	31 Dec 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	2,547.23	1,164.71	889.80	460.80
Revenue	2,805.28	2,610.42	2,556.64	1,720.26
Profit After Tax	322.50	292.73	198.11	155.43
Net Worth	969.95	646.45	353.72	155.60
Reserves and Surplus	318.95
Total Borrowing	905.75	242.09	234.08

Key Performance Indicator :-

Particulars	Value
Market Cap (₹ in Crore):-	84
ROE:-	39.88%
ROCE:-	24.05%
RoNW:-	33.25%

IPO Registrar :-

Name:- Bigshare Services Pvt Ltd

Website:- https://ipo.bigshareonline.com/ipo_status.html

IPO Prospectus :-

Particulars	Link
Enfuse Solutions Limited IPO DHRP:-	Click Here
Enfuse Solutions Limited IPO RHP:-	Click Here

Subscription Details :-

Date	QIB	NII	Retail	Total
March 15, 2024	1.93	5.27	13.36	8.36
March 18, 2024	3.57	35.14	61.82	39.45
March 19, 2024	99.97	953.22	248.42	357.31

Allotment Status:-

Particulars	Link
Check Allotment Status (available on March 13, 2024)	Click Here

Listing Details :-

Particulars	Value
Listing Date:-	March 22, 2024
NSE Symbol :-	ENFUSE
ISIN:-	INE0S3X01014
Final Issue Price:-	₹96.00
Open:-	₹115.00
Low:-	₹109.25
High:-	₹120.00
Close:-	₹115.45

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