IPO Advisory
In-depth, experienced and seamless execution throughout the IPO Process.
Enser Communications IPO is a book build IPO listing on NSE EMERGE exchange. The company is based in Mumbai and caters to Corporate Solutions sector. Fast Track Finsec Private is the merchant banker of Enser Communications IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 5th December 2023.
Enser Communications 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.Enser Communications IPO size is Rs 16.17 Cr. crores with IPO price of Rs 70.00 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.
Fast Track Finsec Private Limited is the book-running lead manager of the Enser Communications IPO. Skyline Financial Services Private Limited is the Registrar and Market Maker is B.N. Rathi Securities Limited for Enser Communications IPO.
Enser Communications IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Enser Communications IPO, based in Mumbai, operates in the Corporate Solutions sector with a focus on Business process management. The company is launching its SME IPO on the NSE EMERGE exchange, using the Fixed Price Issue method. Enser Communications IPO size is ₹ 16.17 Cr. Crores with fresh issue size of Rs 16.17 Cr. Crores and Offer for sale being Nil.
The IPO allotment date for Enser Communications IPO is expected to be 20th March 2024, after the finalization of basis of allotment. Investors can check Enser Communications IPO allotment status on the registrars website, Skyline Financial Services Private Limited. Enser Communications IPO refund dates are 21st March 2024.
Enser Communications IPO is expected to be listed on 22nd March 2024.
The upper price band for the Enser Communications IPO is set at ₹ 70.00 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 Enser Communications 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 Enser Communications 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 Enser Communications IPO is finalised.
The merchant banker for Enser Communications IPO is Fast Track Finsec Private Limited . Fast Track Finsec Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Enser Communications IPO RHP for further details.
The registrar for Enser Communications IPO is Skyline Financial Services Private Limited. Investors can go to Skyline Financial Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Enser Communications IPO through their official website or helpline.
Enser Communications IPO was subscribed 7.29 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 16.17 Cr.
Avg IPO Size (Sector Based)
:
₹ 16.48 Cr.
Sector: Corporate Solutions
SME IPO so far:
27
Merchant Banker:
Fast Track
SME IPO by BRLM so far:
47
City:
Mumbai
SME IPO so far:
280
Revenue (annualised):
₹ 36.32 cr.
PE
Ratio:
14.26x
Average Sector PE Ratio: 18.22x
Enser Communications IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Enser Communications Financial Review Page
Merchant Banker(s) of Enser Communications IPO: Fast Track Finsec Private Limited
Enser Communications IPO subscription was 7.29 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.
Enser Communications IPO listed at a listing price of 70.10 against the offer price of 70.00.
The current market price of Enser Communications is 18.15.
Why Us?
