Enser Communications IPO Details ( Enser Communications Limited IPO Review )
(15 Mar 2024 – 19 Mar 2024)
Enser Communications Limited started up in 2008. They offer Business Process Management (BPM) services to companies in insurance, e-commerce, education, and travel.
Enser has 4 main areas of focus:
- Getting new customers
- Helping customers once they’re onboard
- Managing IT systems
- Handling data
Within these areas, they do a bunch of stuff like figuring out business patterns, managing customer relationships, setting up phone systems, sorting out technology, making sure payments go smoothly, fixing up processes, keeping an eye on transactions, setting up and looking after big software systems, building apps for managing customers, offering chat services online, dealing with transactions, getting owed money back, finding new customers, supporting current customers, managing business tasks, offering advice on knowledge-related tasks, running call centers, and getting new customers on board.
Enser’s clients are companies like Acko General Insurance Limited, Ola Financials Services Pvt Ltd, Metis Eduventures Pvt Ltd, the National Health Authority (Government), Reliance Nippon Life Insurance Company Ltd, Class 21A Technologies Pvt Ltd, Acko Technology & Services Pvt Ltd, Girnar Finserv Pvt Ltd, Gaadi web Private Limited, and G C web ventures Pvt Ltd.
As of December 31, 2023, they had 780 people working for them full-time.
Enser Communications Limited IPO Competitive Strength
- Experienced Management Leadership
- Blue chip companies and Innovative customers
- Customized IT Infrastructure and State of the art Management Information Systems
- Diverse Service Portfolio
- Skilled workforce
- Advance technology utilization and development
- Scalable, Flexible and speed
- Value for Money pricing
Enser Communications IPO Financials Performance ( Results )
Enser Communications Limited Financial Information (Restated)
All Amount in ₹ Lakhs
| Period Ended | Total Assets | Total Revenue | PAT | Net Worth | Reserves | Borrowing |
| 31-Mar-21 | 662.41 | 961.30 | -11.74 | 156.78 | 155.78 | 276.92 |
| 31-Mar-22 | 870.42 | 1,686.47 | 77.92 | 234.71 | 233.71 | 309.37 |
| 31-Mar-23 | 1,383.92 | 2,590.97 | 160.06 | 394.78 | 393.78 | 631.88 |
| 30-Sep-23 | 1,799.26 | 1,815.89 | 213.98 | 653.24 | 652.17 | 709.09 |
Objective of Enser Communications IPO Issue
- To invest in IT Infrastructure;
- To meet the Working Capital requirements of the Company;
- To meet the General Corporate Purposes; and
- To meet the Issue Expenses.
Enser Communications IPO Basic Details
| IPO Date | Mar 15, 2024 to Mar 19, 2024 |
| Listing Date | Friday, March 22, 2024 |
| Face Value | ₹10 per share |
| Price | ₹70 per share |
| Lot Size | 2000 Shares |
| Issue Size | 2,310,000 shares of ₹10 (aggregating up to ₹16.17 Cr) |
| Fresh Issue | 2,310,000 shares of ₹10 (aggregating up to ₹16.17 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 6,406,059 |
| Share holding post issue | 8,716,059 |
| Company Promoters | Mr. Harihara Subramanian Iyer, Mr. Rajnish Omprakash Sarna, Mrs. Gayatri Rajnish Sarna and Mrs. Sindhu Saseedharan Nair |
Enser IPO Reservation
| Market Maker Shares Offered | 5.11% of the Net Issue |
| Other Shares Offered | 47.45% of the Net Issue |
| Retail Shares Offered | 47.45% of the Net Issue |
Enser IPO Timetable
Enser IPO will open on March 15, 2024 and close on March 19, 2024. You can join Enser 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 |
Enser Communications IPO Lot Size
For retail investors in Enser Communications IPO, 2000 shares will come in 1 lot or the minimum investment will be ₹140,000. Retail-individual investors can apply for up to 1 lots or the maximum investment will be ₹140,000.
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 2000 | ₹140,000 |
| Retail (Max) | 1 | 2000 | ₹140,000 |
| S-HNI (Min) | 2 | 4000 | ₹280,000 |
Enser Communications IPO Promoter Holding
The company’s promoters include Mr. Harihara Subramanian Iyer, Mr. Rajnish Omprakash Sarna, Mrs. Gayatri Rajnish Sarna and Mrs. Sindhu Saseedharan Nair.
| Pre Issue Share Holding | 90.13% |
| Post Issue Share Holding | 66.25% |
Enser Communications 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.) | 61.01 |
| Earning Per Share (EPS) | ₹2.50 per Equity Share |
| Net Asset Value (NAV) | ₹6.57 per Equity Share |
| P/E Ratio (P/E) (x) | 28.02 |
| Post P/E Ratio (P/E) (x) | 14.26 |
| Return on Net Worth (RoNW) (%) | 32.76 |
| Return on equity (ROE) (%) | 32.76 |
| Return on Capital Employed (ROCE) (%) | 34.61 |
| Price/Book Value Ratio | 6.46 |
Enser Communications IPO GMP Live Update, Kostak Rate day by day
| Date | GMP | Kostak | Subject to |
| Today | ₹0 | – | – |
| 15 March 2024 | ₹0 | – | – |
Enser Communications IPO Detail Video:
link
Enser Communications IPO Subscription Status (Bidding Detail)
The Enser Communications IPO on March 19, 2024 at 7:00:00 PM was subscribed 7.29 times, with the retail category being subscribed 10.92 times, the other category being subscribed 3.64 times.
| Category | Subscription |
| Other | 3.64x |
| Retail | 10.92x |
| Total | 7.29x |
Enser Communications IPO Prospectus
| Enser Communications IPO DRHP | Download |
| Enser Communications IPO addendum to DRHP | Download |
| Enser Communications IPO RHP | Download |
Enser Communications IPO Rating
| Our Rating | 2.5/5.0 |
Enser Communications Company Contact Information
Enser Communications Limited
Registered Office: 5th Floor, 501-506, Arihant Aura Turbhe, Navi Mumbai, Sanpada Thane, Maharashtra- 400703 India
Corporate Office: Plot No 217, 1st Floor, Udyog Vihar, Phase 1, Gurgaon, Haryana Sadar Bazar Gurgaon Haryana-122001 India
Tel: 0124-4258077
Website: www.enser.co.in
E-mail: solutions@enser.co.in
Company Secretary and Compliance Officer: Ms. Muskan
Promoter(S): Mr. Harihara Subramanian Iyer, Mr. Rajnish Omprakash Sarna, Mrs. Gayatri Rajnish Sarna and Mrs. Sindhu Saseedharan Nair
Enser Communications IPO Registrar
Skyline Financial Services Private Limited
SEBI Registration No.: INR000003241
Registered Office: D-153 A, 1st Floor, Okhla Industrial Area, Phase – I, New Delhi-110020
Tel No: +91-11-40450193-97; Fax No: +91-11-26812683
Contact Person: Mr. Anuj Rana
Email: ipo@skylinerta.com
Website: www.skylinerta.com
Enser Communications IPO Lead Manager
Fast Track Finsec Private Limited
SEBI Registration No.: INM000012500
Registered Office: Office No. V-116,1st Floor New Delhi House Barakhamba Road, New Delhi -110001
Tel No.: +91-11-43029809
Contact Person: Mr. Vikas Kumar Verma
Email: vikasverma@ftfinsec.com; investor@ftfinsec.com
Website: www.ftfinsec.com
Enser Communications IPO FAQs
What is the lot size of Enser Communications IPO?
The total size of Enser Communications IPO is ₹16.17 crores and this is a complete fresh Issue.
When will Enser Communications IPO start?
Enser Communications IPO will open from 15 March 2024 and IPO will close on 19 March 2024.
What is the open date of Enser Communications IPO?
Enser Communications IPO will open date from 15 March 2024.
What is the last date ( close date ) of Enser Communications IPO?
Enser Communications IPO will close from 19 March 2024.
What is the price band of Enser Communications IPO?
Enser Communications IPO price band is ₹70.
What is the minimum amount required to apply for Enser Communications IPO?
The minimum investment for retailers to apply for Enser Communications IPO is ₹140,000 and the maximum investment is ₹140,000.
What is going on gray market premium of Enser Communications IPO?
View gray market premium of Enser Communications IPO by Clicking Here
How much is the GMP of Enser Communications IPO?
Watch Enser Communications IPO GMP Today: Click Here
What is the allotment date of Enser Communications IPO?
The allotment date of Enser Communications IPO is 20 March 2024.
How to check allotment status in Enser Communications IPO?
To check the allotment status of Enser Communications IPO, first of all go to the registrar website by clicking here, select your bad Enser Communications 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 Enser Communications IPO?
The listing date of Enser Communications IPO is 22 March 2024.
How much will be the listing gain in Enser Communications IPO?
View listing gain of Enser Communications IPO by Clicking Here
How much time Enser Communications IPO is subscribed?
Total 7.29 times subscribed in Enser Communications IPO out of which 10.92 times subscription was done in retail quota, 3.64 times subscription in other quota.
How to apply for Enser Communications IPO from Upstox?
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How to apply for Enser Communications PO from Zerodha?
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