The Enfuse Solutions IPO started on March 15, 2024, and ended on March 19, 2024. Shares were allocated on March 20, 2024, and refund processes began on March 21, 2024. On March 21, 2024, the shares were credited to investors demat accounts. Enfuse Solutions was officially listed on the stock exchange on March 22, 2024.
During the IPO, Enfuse offered shares at a price range of ₹91 to ₹96 per share, and the lot size was 1200 shares. The total issue size was ₹22.44 crores, with ₹22.44 crores from new shares. The IPO was listed on the NSE SME.
Enfuse IPO Subscription Update Video
Enfuse Solutions IPO Subscription Status
The Enfuse Solutions IPO on March 19, 2024 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, the 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 Basic Details
| Company Name | Enfuse Solutions Limited |
| Enfuse Solutions IPO Open Date | March 15, 2024 |
| Enfuse Solutions IPO Close Date | March 19, 2024 |
| Enfuse Solutions IPO Allotment Date | March 20, 2024 |
| Enfuse Solutions IPO Listing Date | 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 |
| Company Promoters | Imran Yasin Ansari, Mohammedk Lalmohammed Shaikh, Rahul Mahendra Gandhi, Zaynulabedin Mohmadbhai Mira and Farheen Imran Ansari |
About Enfuse Solutions Limited
Enfuse Solutions Limited was founded in 2017. We specialize in digital solutions across different fields like managing data, online shopping, using technology for learning, and artificial intelligence.
We work in four main areas:
- Data Management & Analytics: We analyze data to help businesses make smart decisions.
- E-commerce & Digital Services: We create and improve online platforms for smoother shopping experiences.
- Machine Learning & Artificial Intelligence: We come up with new and clever solutions.
- Edtech & Technology Solutions: We enhance education and offer tech solutions.
We have two centers where we operate: one in Thane, Maharashtra, and the other in Vikroli, Mumbai, Maharashtra.
Our business reaches both within India and beyond. We sell services to countries like the US, Ireland, the Netherlands, and Canada.
By December 31, 2023, our team had grown to 448 employees. They work at different levels within the company, including our top managers.
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Enfuse Solutions IPO FAQs
What is the start and end date of Enfuse Solutions IPO Subscription?
The Enfuse Solutions IPO started on March 15, 2024, and ended on March 19, 2024.
When does Enfuse Solutions IPO Subscription open?
The Enfuse Solutions IPO open on March 15, 2024.
When does Enfuse Solutions IPO Subscription close?
The Enfuse Solutions IPO Close on March 19, 2024.
What is the allotment date of Enfuse Solutions IPO?
The allotment date for Enfuse Solutions IPO is March 20, 2024.
When is the initial refund date of Enfuse Solutions IPO?
The initial Refund date for Enfuse Solutions IPO is March 21, 2024.
When were the shares credited to investors demat accounts for the Enfuse Solutions IPO?
The shares for the Enfuse Solutions IPO were credited to investors demat accounts on March 21, 2024.
When will Enfuse Solutions IPO be listed on the stock market?
Enfuse Solutions IPO stock market will be listed on March 22, 2024 at 10 am.
What was the price range of the Enfuse Solutions IPO shares?
The Enfuse Solutions IPO shares were offered at a price range of ₹91 to ₹96 per share.
What was the lot size for the Enfuse Solutions IPO shares?
The lot size for the Enfuse Solutions IPO shares was 1200 shares.
What was the total issue size of the Enfuse Solutions IPO?
The total issue size of the Enfuse Solutions IPO was ₹22.44 crores.
On which stock exchanges was the Enfuse Solutions IPO listed?
The Enfuse Solutions IPO was listed on the NSE SME.
What is the Enfuse Solutions IPO Subscription Status?
Enfuse Solutions IPO is subscribed 357.31 Times.
