The Enser Communications 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. Enser Communications was officially listed on the stock exchange on March 22, 2024.
During the IPO, Enser offered shares at a price range of ₹70 per share, and the lot size was 2000 shares. The total issue size was ₹16.17 crores, with ₹16.17 crores from new shares. The IPO was listed on the NSE SME.
Enser IPO Subscription Update Video
Enser Communications IPO Subscription Status
The Enser Communications IPO on March 19, 2024 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 IPO Basic Details
| Company Name | Enser Communications Limited |
| Enser Communications IPO Open Date | March 15, 2024 |
| Enser Communications IPO Close Date | March 19, 2024 |
| Enser Communications IPO Allotment Date | March 20, 2024 |
| Enser Communications IPO Listing Date | 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 |
| Company Promoters | Mr. Harihara Subramanian Iyer, Mr. Rajnish Omprakash Sarna, Mrs. Gayatri Rajnish Sarna and Mrs. Sindhu Saseedharan Nair |
About Enser Communications Limited
Enser Communications Limited started in 2008. They help companies in insurance, online shopping, education, and travel with their Business Process Management (BPM) services.
Enser has 4 main areas of work:
- Getting new customers.
- Helping customers.
- Managing IT systems.
- Handling data.
In these areas, they offer lots of services like analyzing business, managing customer relationships, setting up phone systems, managing customer interactions, developing technology, managing money reminders, improving processes, watching transactions, setting up and managing computer systems, making apps for managing customer relationships, chatting online, processing applications and transactions, collecting debts, finding new customers, supporting customers, managing business processes, giving advice on processes, running call centers, and getting new customers.
Enser’s clients include Acko General Insurance Limited, Ola Financials Services Pvt Ltd, Metis Eduventures Pvt Ltd, 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.
By December 31, 2023, Enser had 780 people working full-time.
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Enser Communications IPO FAQs
What is the start and end date of Enser Communications IPO Subscription?
The Enser Communications IPO started on March 15, 2024, and ended on March 19, 2024.
When does Enser Communications IPO Subscription open?
The Enser Communications IPO open on March 15, 2024.
When does Enser Communications IPO Subscription close?
The Enser Communications IPO Close on March 19, 2024.
What is the allotment date of Enser Communications IPO?
The allotment date for Enser Communications IPO is March 20, 2024.
When is the initial refund date of Enser Communications IPO?
The initial Refund date for Enser Communications IPO is March 21, 2024.
When were the shares credited to investors demat accounts for the Enser Communications IPO?
The shares for the Enser Communications IPO were credited to investors demat accounts on March 21, 2024.
When will Enser Communications IPO be listed on the stock market?
Enser Communications IPO stock market will be listed on March 22, 2024 at 10 am.
What was the price range of the Enser Communications IPO shares?
The Enser Communications IPO shares were offered at a price range of ₹70 per share.
What was the lot size for the Enser Communications IPO shares?
The lot size for the Enser Communications IPO shares was 2000 shares.
What was the total issue size of the Enser Communications IPO?
The total issue size of the Enser Communications IPO was ₹16.17 crores.
How were the shares allocated among different types of investors for the Enser Communications IPO?
50% of the shares were allocated to Qualified Institutional Buyers (QIB), 15% were reserved for Non-Institutional Investors (NII), and 35% were set aside for retail investors.
On which stock exchanges was the Enser Communications IPO listed?
The Enser Communications IPO was listed on the NSE SME.
What is the Enser Communications IPO Subscription Status?
Enser Communications IPO is subscribed 7.29 Times.
