| IPO Listing At | NSE SME |
| SME IPO Issue Type | Book Build Issue |
| Total Issue Size | ₹22.44 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹22.44 Cr |
| Fresh Issue | ₹21.29 Cr |
| Face Value | โน10 Per Equity Share |
| Price Band | โน91.00-96.00 per share |
| Discount | Retail: 0.00 |
| NSE Code | ENFUSE |
| Registrar | Bigshare Services Pvt.Ltd. |
| Lead Managers | Hem Securities Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 1,200 shares and in multiples thereof
Incorporated in 2017, Enfuse Solutions Limited provides integrated digital solutions in the areas of data management and analytics, e-commerce and digital services, machine learning and artificial intelligence, education, and technology solutions.
The company operates in four areas:
The company has two delivery centers, one in Thane, Maharashtra, and the second in Vikroli, Mumbai, Maharashtra.
The company generates revenue from its domestic business in India and exports services to countries such as the US, Ireland, the Netherlands and Canada.
As of December 31, 2023, the company employed a total of 448 employees at various levels of the organization, including key management personnel.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | Repayment of certain Borrowings availed by the Company | 3.84 |
| 2 | To meet Working Capital requirements | 10.50 |
| 3 | General Corporate Purpose | 5.41 |
| Period Ended | 31 Dec 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 25.47 | 11.65 | 8.90 | 4.61 |
| Total Income | 28.05 | 26.10 | 25.57 | 17.20 |
| Profit After Tax | 3.23 | 2.93 | 1.98 | 1.55 |
| NET Worth | 9.70 | 6.46 | 3.54 | 1.56 |
| Reserves and Surplus | 3.19 | |||
| Total Borrowing | 9.06 | 2.42 | 2.34 | |
| Amount in ₹ Crore | ||||
| KPI | Dec 31, 2023 |
|---|---|
| ROE | 39.88% |
| ROCE | 24.05% |
| RoNW | 33.25% |
| PAT Margin | 11.51% |
| Price to Book Value | 7.57 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 4.50 | 4.03 |
| P/E (x) | 21.35 | 23.8 |
| Promoter Holding | 100.00% | 73.58% |
| Market Cap | โน84.94 Cr. | |