| IPO Listing At | BSE SME |
| SME IPO Issue Type | Book Build Issue |
| Total Issue Size | ₹9.60 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹9.60 Cr |
| Fresh Issue | ₹9.12 Cr |
| Face Value | โน10 Per Equity Share |
| Price Band | โน96.00-100.00 per share |
| Discount | Retail: 0.00 |
| BSE Code | 544094 |
| Registrar | MAS Services Ltd. |
| Lead Managers | Khandwala 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 May 2001, Euphoria Infotech India Limited is a full-stack IT and ITes solution, based out at Kolkata, West Bengal. The company offers IT and ITES solutions for ERP, E-commerce, IoT, cloud-based tools, and data management.
The company's solutions can be grouped into five categories: customized software, e-commerce, IoT, Artificial Intelligence, and Machine Learning.
The applications include online recruitment, application, urban local body services, university management systems, online ticket booking systems, e-commerce, IoT-based dashboards for sewerage treatment plants and other industry-specific requirements.
As for fiscal years 2021, 2022, and 2023, the total revenues of the company were โน. 556.14 Lakhs, โน. 493.87 Lakhs, and โน. 737.56 Lakhs, respectively. During the same periods, the Profit after Tax was โน. 23.91 Lakhs, โน. 21.71 Lakhs, and โน.129.71 Lakhs, respectively.
As of May 31, 2023, the company employs a total of 29 people across various departments, including Accounts, Business Development, Software Development, and Legal and Compliance. Additionally, the company has contracted 16 IT professionals who are responsible for software development and project implementation as of the same date.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | Working Capital | 6.83 |
| 2 | General Corporate Expenses | 1.15 |
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 9.66 | 8.33 | 6.27 | 7.10 |
| Total Income | 3.66 | 7.38 | 4.94 | 5.56 |
| Profit After Tax | 0.60 | 1.30 | 0.20 | 0.26 |
| NET Worth | 4.71 | 4.10 | 2.80 | 2.61 |
| Reserves and Surplus | 2.76 | 2.16 | 2.79 | 2.59 |
| Total Borrowing | 2.13 | 1.55 | 1.23 | 1.20 |
| Amount in ₹ Crore | ||||
| KPI | |
|---|---|
| ROE | 38% |
| ROCE | 49% |
| Debt / Equity | 0.38% |
| RoNW | 31.62% |
| PAT Margin | 17.58% |
| Price to Book Value | 4.73 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 6.68 | 4.17 |
| P/E (x) | 14.97 | 23.99 |
| Promoter Holding | 100.00% | |
| Market Cap | โน29.02 Cr. | |