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Enfuse Solutions IPO is a book build IPO listing on NSE EMERGE exchange. The company is based in Mumbai and caters to Information Technology - Data Solutions sector. Hem Securities is the merchant banker of Enfuse Solutions IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 1st January 2024.
Enfuse Solutions IPO open date is 15th March 2024 and close date is 19th March 2024. IPO Allotment Date is 20th March 2024 and Listing date is 22nd March 2024.Enfuse Solutions IPO size is Rs 22.44 Cr. crores with IPO price of Rs 96.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Hem Securities Limited is the book-running lead manager of the Enfuse Solutions IPO. Bigshare Services Private Limited is the Registrar and Market Maker is Hem Finlease Private Limited for Enfuse Solutions IPO.
Enfuse Solutions IPO anchor investors are the below investors. The number of anchor investors in this IPO is 5.
| Anchor Investor Name | No. of shares Allotted | Offer Price (in Rs.) | Amount Invested (in Rs.) |
|---|---|---|---|
| India - Ahead | 172,800.00 | ₹96.00 | ₹16,588,800.00 |
| FINAVENUE CAPITAL TRUST | 126,000.00 | ₹96.00 | ₹12,096,000.00 |
| Moneywise Financial Services | 114,000.00 | ₹96.00 | ₹10,944,000.00 |
| Benani Capital - | 124,800.00 | ₹96.00 | ₹11,980,800.00 |
| LC Radiance Fund | 126,000.00 | ₹96.00 | ₹12,096,000.00 |
Enfuse Solutions IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Enfuse Solutions IPO, based in Mumbai, operates in the Information Technology - Data Solutions sector with a focus on data management, analytics, digital services. The company is launching its SME IPO on the NSE EMERGE exchange, using the Book Building Issue method. Enfuse Solutions IPO size is ₹ 22.44 Cr. Crores with fresh issue size of Rs 22.44 Cr. Crores and Offer for sale being Nil.
The IPO allotment date for Enfuse Solutions IPO is expected to be 20th March 2024, after the finalization of basis of allotment. Investors can check Enfuse Solutions IPO allotment status on the registrars website, Bigshare Services Private Limited. Enfuse Solutions IPO refund dates are 21st March 2024.
Enfuse Solutions IPO is expected to be listed on 22nd March 2024.
The upper price band for the Enfuse Solutions IPO is set at ₹ 96.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Enfuse Solutions IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Enfuse Solutions IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 19th March 2024. After submission, funds are blocked until the basis of allotment of Enfuse Solutions IPO is finalised.
The merchant banker for Enfuse Solutions IPO is Hem Securities Limited . Hem Securities Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Enfuse Solutions IPO RHP for further details.
The registrar for Enfuse Solutions IPO is Bigshare Services Private Limited. Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Enfuse Solutions IPO through their official website or helpline.
Enfuse Solutions IPO was subscribed 357.31 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 22.44 Cr.
Avg IPO Size (Sector Based)
:
₹ 23.76 Cr.
Sector: Information Technology - Data Solutions
SME IPO so far:
48
Merchant Banker:
Hem Securities
SME IPO by BRLM so far:
47
City:
Mumbai
SME IPO so far:
280
Revenue (annualised):
₹ 37.37 cr.
PE
Ratio:
23.80x
Average Sector PE Ratio: 18.61x
Enfuse Solutions IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Enfuse Solutions Financial Review Page
Merchant Banker(s) of Enfuse Solutions IPO: Hem Securities Limited
Enfuse Solutions IPO subscription was 357.31 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Enfuse Solutions IPO listed at a listing price of 115.45 against the offer price of 96.00.
The current market price of Enfuse Solutions is 218.00.
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