Enfuse Solutions IPO Details | GMP, Date, Price, Review

Enfuse Solutions IPO Details ( Enfuse Solutions Limited IPO Review )

(15 Mar 2024 – 19 Mar 2024)

Enfuse Solutions Limited started in 2017. We provide digital solutions that help with things like managing data, online shopping, learning with technology, and using artificial intelligence.

We do four main things:

1. Data Management & Analytics: We look at data to help make smart decisions.
2. E-commerce & Digital Services: We make and improve websites and apps for online shopping.
3. Machine Learning & Artificial Intelligence: We create new and clever solutions using technology.
4. Edtech & Technology Solutions: We make learning better and offer tech help.

Our company has two places where we work: one in Thane, Maharashtra, and another in Vikroli, Mumbai, both in Maharashtra.

We make money by working with businesses in India and also by helping companies in places like the US, Ireland, the Netherlands, and Canada.

By December 31, 2023, we had 448 people working with us at different levels, including important managers.

Enfuse Solutions Limited Company Product

• Data Management & Analytics
  • Data Management
    • Master Data Management (MDM)
    • Data Stewardship
    • Data Quality
    • Data Governance
    • Product Information Management (PIM)
  • Data Analytics
• E-commerce & Digital Services
  • E-commerce Platform Management
  • Content Management
  • SEO and SEM Services
  • Digital Marketing
  • Web Analytics & Reporting
  • Customer Experience & Quality Assurance
• Edtech & Solutions
  • Live Proctoring
  • Record & Review
  • Auto Proctoring
  • Technical Support
  • Student Counselling
• Machine Learning (ML) & Artificial Intelligence (AI)
  • Tagging / Labelling
  • Annotation
  • Content Moderation
  • Transcription
  • Enrichment & Categorization
  • AI-Based Tagging and Annotation Tool

Enfuse Solutions Limited IPO Competitive Strength

• Diversified revenue from multiple geographies
• Experienced Promoters along with qualified Employee base
• Diversified client base and revenue sources
• Wide range of professional and technical services

Enfuse Solutions IPO Financials Performance ( Results )

Enfuse Solutions Limited Financial Information (Restated)

All Amount in ₹ Lakhs

Period Ended	Total Assets	Total Revenue	PAT	Net Worth	Reserves	Borrowing
31-Mar-21	460.80	1,720.26	155.43	155.60
31-Mar-22	889.80	2,556.64	198.11	353.72		234.08
31-Mar-23	1,164.71	2,610.42	292.73	646.45		242.09
31-Dec-23	2,547.23	2,805.28	322.50	969.95	318.95	905.75

Objective of Enfuse Solutions IPO Issue

• Repayment of certain Borrowings availed by the Company
• To meet Working Capital requirements; and
• General Corporate Purpose

Enfuse Solutions IPO Basic Details

IPO Date	Mar 15, 2024 to Mar 19, 2024
Listing Date	Friday, March 22, 2024
Face Value	₹10 per share
Price	₹91 to ₹96 per share
Lot Size	1200 Shares
Issue Size	2,337,600 shares of ₹10 (aggregating up to ₹22.44 Cr)
Fresh Issue	2,337,600 shares of ₹10 (aggregating up to ₹22.44 Cr)
Issue Type	Book Built Issue IPO
Listing At	NSE SME
Share holding pre issue	6,510,000
Share holding post issue	8,847,600
Company Promoters	Imran Yasin Ansari, Mohammedk Lalmohammed Shaikh, Rahul Mahendra Gandhi, Zaynulabedin Mohmadbhai Mira and Farheen Imran Ansari

Enfuse Solutions IPO Reservation

Anchor Investor Shares Offered	28.39% of the Net Issue
Market Maker Shares Offered	5.13% of the Net Issue
QIB Shares Offered	18.99% of the Net Issue
NII (HNI) Shares Offered	14.27% of the Net Issue
Retail Shares Offered	33.21% of the Net Issue
Total Shares Offered	100% of the Net Issue

Enfuse IPO Timetable

Enfuse IPO will open on March 15, 2024 and close on March 19, 2024. You can join Enfuse IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.

Event	Date
Opening Date	15 March 2024 (Friday)
Closing Date	19 March 2024 (Tuesday)
Basis of Allotment	20 March 2024 (Wednesday)
Initiation of Refunds	21 March 2024 (Thursday)
Credit of Shares to Demat	21 March 2024 (Thursday)
Listing Date	22 March 2024 (Friday)
Deadline for UPI mandate confirmation	5 PM on 19 March 2024

Enfuse Solutions IPO Lot Size

For retail investors in Enfuse Solutions IPO, 1200 shares will come in 1 lot or the minimum investment will be ₹115,200. Retail-individual investors can apply for up to 1 lots or the maximum investment will be ₹115,200.

Application	Lots	Shares	Amount
Retail (Min)	1	1200	₹115,200
Retail (Max)	1	1200	₹115,200
S-HNI (Min)	2	2400	₹230,400

Enfuse Solutions IPO Promoter Holding

The company’s promoters include Imran Yasin Ansari, Mohammedk Lalmohammed Shaikh, Rahul Mahendra Gandhi, Zaynulabedin Mohmadbhai Mira and Farheen Imran Ansari.

Pre Issue Share Holding	100.00%
Post Issue Share Holding	73.58%

Enfuse Solutions Ltd IPO Key Performance Indicator ( Valuation )

In the table given below, all the figures have been told according to the latest financial year.

KPI	Values
Market Cap (₹ Cr.)	84.94
Earning Per Share (EPS)	₹4.50 per Equity Share
Net Asset Value (NAV)	₹9.95 per Equity Share
P/E Ratio (P/E) (x)	21.35
Post P/E Ratio (P/E) (x)	23.8
Return on Net Worth (RoNW) (%)	33.25
Return on equity (ROE) (%)	39.88
Return on Capital Employed (ROCE) (%)	24.05
Debt/Equity Ratio
Price/Book Value Ratio	7.57

Enfuse Solutions IPO GMP Live Update, Kostak Rate day by day

Date	GMP	Kostak	Subject to
Today	₹34	–	–
15 March 2024	₹34	–	–
14 March 2024	₹34	–	–

Enfuse Solutions IPO Detail Video:

Enfuse Solutions IPO Subscription Status (Bidding Detail)

The Enfuse Solutions IPO on March 19, 2024 at 7:00:00 PM was subscribed 357.31 times, with the retail category being subscribed 248.42 times, the NII (Non-Institutional Investor) category being subscribed 953.22 times, QIB (Qualified-Institutional Buyers) category being subscribed 99.97 times.

Category	Subscription
QIB	99.97x
NII	953.22x
Retail	248.42x
Total	357.31x

Enfuse Solutions IPO Prospectus

Enfuse Solutions IPO DRHP	Download
Enfuse Solutions IPO RHP	Download
Enfuse Solutions IPO addendum to DRHP	Download
Enfuse Solutions IPO Anchor Investors Details PDF	Download

Enfuse Solutions IPO Rating

Our Rating

3.5/5.0

Enfuse Solutions Company Contact Information

Enfuse Solutions Limited

Registered Office: A/1503, Bonaventure Building No.5, Rangnath Kesar Road, Dahisar West, Mumbai 400068, Maharashtra, India.
Corporate Office: Unit No. 501-504, 5th Floor, Sai Arpan, B-11, Sai Complex, Survey Number.: Old S. No. 254/PT(New), P G Vora Road, Besides Shanti Vihar, Mira Road (E), Thane401107, Maharashtra, India.
Tel No: +91-22-28118383
E-mail: cs@enfuse-solutions.com
Website: www.enfuse-solutions.com
Contact Person: Shubhra Maheshwari, Company Secretary & Compliance Officer
Promoters of our Company: Imran Yasin Ansari, Mohammedk Lalmohammed Shaikh, Rahul Mahendra Gandhi, Zaynulabedin Mohmadbhai Mira and Farheen Imran Ansari

Enfuse Solutions IPO Registrar

Bigshare Services Private Limited

Address: S6-2, 6th Floor, Pinnacle Business Park, Next to Ahura Centre, Mahakali Caves Road, Andheri (East) Mumbai – 400093, Maharashtra, India.
Telephone: +91 22 6263 8200;
Fax No.: +91 22 6263 8299
Email: ipo@bigshareonline.com
Investor Grievance Email: investor@bigshareonline.com
Website: www.bigshareonline.com
Contact Person: Vinayak Morbale
SEBI Registration Number: MB/INR000001385
CIN: U99999MH1994PTC076534

Enfuse Solutions IPO Lead Manager

Hem Securities Limited

Address: 904, A Wing, Naman Midtown, Senapati Bapat Marg, Elphinstone Road, Lower Parel, Mumbai-400013, Maharashtra, India.
Tel. No.: +91- 22- 4906 0000;
Email: ib@hemsecurities.com
Investor Grievance Email: redressal@hemsecurities.com
Website: www.hemsecurities.com
Contact Person: Ajay Jain
SEBI Registration Number: INM000010981
CIN: U67120RJ1995PLC010390

Enfuse Solutions IPO FAQs