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

Enfuse Solutions IPO

Table of Contents

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 EndedTotal AssetsTotal RevenuePATNet WorthReservesBorrowing

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 DateMar 15, 2024 to Mar 19, 2024
Listing DateFriday, March 22, 2024
Face Value₹10 per share
Price₹91 to ₹96 per share
Lot Size1200 Shares
Issue Size2,337,600 shares of ₹10
(aggregating up to ₹22.44 Cr)
Fresh Issue2,337,600 shares of ₹10
(aggregating up to ₹22.44 Cr)
Issue TypeBook Built Issue IPO
Listing AtNSE SME
Share holding pre issue6,510,000
Share holding post issue8,847,600
Company PromotersImran Yasin Ansari, Mohammedk Lalmohammed Shaikh,
Rahul Mahendra Gandhi, Zaynulabedin Mohmadbhai Mira
and Farheen Imran Ansari

Enfuse Solutions IPO Reservation

Anchor Investor Shares Offered28.39% of the Net Issue
Market Maker Shares Offered5.13% of the Net Issue
QIB Shares Offered18.99% of the Net Issue
NII (HNI) Shares Offered14.27% of the Net Issue
Retail Shares Offered33.21% of the Net Issue
Total Shares Offered100% 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.

Opening Date15 March 2024 (Friday)
Closing Date19 March 2024 (Tuesday)
Basis of Allotment20 March 2024 (Wednesday)
Initiation of Refunds21 March 2024 (Thursday)
Credit of Shares to Demat21 March 2024 (Thursday)
Listing Date22 March 2024 (Friday)
Deadline for UPI mandate confirmation5 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.

Retail (Min)11200₹115,200
Retail (Max)11200₹115,200
S-HNI (Min)22400₹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 Holding100.00%
Post Issue Share Holding73.58%

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.

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 Ratio7.57

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

DateGMPKostakSubject to
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.


Enfuse Solutions IPO Prospectus

Enfuse Solutions IPO DRHPDownload
Enfuse Solutions IPO RHPDownload
Enfuse Solutions IPO addendum to DRHPDownload
Enfuse Solutions IPO Anchor Investors Details PDFDownload

Enfuse Solutions IPO Rating

Our Rating3.5/5.0

Enfuse Solutions Company Contact Information

Enfuse Solutions Limited

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

What is the lot size of Enfuse Solutions IPO?

The total size of Enfuse Solutions  IPO is ₹22.44 crores and this is a complete fresh Issue.

When will Enfuse Solutions IPO start?

Enfuse Solutions IPO will open from 15 March 2024 and IPO will close on 19 March 2024.

What is the open date of Enfuse Solutions IPO?

Enfuse Solutions IPO will open date from 15 March 2024.

What is the last date ( close date ) of Enfuse Solutions IPO?

Enfuse Solutions IPO will close from 19 March 2024.

What is the price band of Enfuse Solutions IPO?

Enfuse Solutions IPO price band is ₹91 to ₹96. ( Upper Price Band: ₹96, Lower Price Band: ₹91 )

What is the minimum amount required to apply for Enfuse Solutions IPO?

The minimum investment for retailers to apply for Enfuse Solutions IPO is ₹115,200 and the maximum investment is ₹115,200.

What is going on gray market premium of Enfuse Solutions IPO?

View gray market premium of Enfuse Solutions IPO by Clicking Here

How much is the GMP of Enfuse Solutions IPO?

Watch Enfuse Solutions IPO GMP Today: Click Here

What is the allotment date of Enfuse Solutions IPO?

The allotment date of Enfuse Solutions IPO is 20 March 2024.

How to check allotment status in Enfuse Solutions IPO?

To check the allotment status of Enfuse Solutions IPO, first of all go to the registrar website by clicking here, select your bad Enfuse Solutions IPO name or enter your bad application number, PAN number or client ID and click on submit. ( Video Link )

What is the listing date of Enfuse Solutions IPO?

The listing date of Enfuse Solutions IPO is 22 March 2024.

How much will be the listing gain in Enfuse Solutions IPO?

View listing gain of Enfuse Solutions IPO by Clicking Here

How much time Enfuse Solutions IPO is subscribed?

Total 357.31 times subscribed in Enfuse Solutions IPO out of which 248.42 times subscription was done in retail quota, 953.22 times subscription in NII quota and 99.97 times subscription in QIB quota.

How to apply for Enfuse Solutions IPO from Upstox?

Click Here to see how to apply for Enfuse Solutions IPO from Upstox. (step by step)

How to apply for Enfuse Solutions PO from Zerodha?

Click Here to see how to apply for Enfuse Solutions IPO from Zerodha. (step by step)

How to apply for Enfuse Solutions IPO from Angle One?

Click Here to see how to apply for Enfuse Solutions IPO from Angle One. (step by step)

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