Enser Communications IPO GMP Guidance & Subscription Status at Chanakyanipothi.com,
    👉A legacy of 31 Years.enser communications IPO GMP
    India`s Oldest Investment & IPO website.
    👉Most Trusted by Investors across India.

    Table of Contents

    Enser Communications IPO Post Listing Review:
    On 22nd March, the scrip is listed at Rs. 72, premium of 2.86% over the issue-price of Rs. 70. This listing has been in line with the expectations of the grey market.



    What was the last GMP of Enser Communications IPO?*
    Premium: Rs.0
    Subject to Rs. 0

    Check Subscription status of Enser Communications IPO

    On 19 March 2024 5.00 pm (Day 3) (Closed)
    Review: 
    NII:        1096000 Shares     3.64 T
    RII:        1096000 Shares   10.92 T
    Total:    2192000 Shares     7.29 T

    What is the business of Enser Communications?

    Enser Communications was established in May 2008 and has been operating  in the Indian Information Technology enabled services (ITES) sector, specializing in Client Interaction Management. Enser primary focus encompasses industries such as Insurance, E commerce, Edtech, and Travel, among others, where it delivers tailor-made solutions to meet the unique requirements of its valued clients.
    Enser’s core mission revolves around facilitating customer acquisition for its clients, thereby
    fostering mutual growth. Notable clients in its portfolio include innovative Insurance companies
    like Acko General Insurance, Reliance Nippon, Ola Financial services and New age companies
    such as India lends, Doubtnut, Cordellia cruises, Mahindra holidays amongst others.
    Enser’s comprehensive service offerings span across Business Analytics, Customer Relationship
    Management (CRM), Interactive Voice Response Systems (IVRS), and Customer Interaction
    Management solutions. We take immense pride in elevating the top and bottom lines for all its
    clients.

    Get more information about the company @ www.enser.co.in 

    Enser Communications IPO Details
    IPO opens on  15 March 2024
    IPO closes on  19 March 2024
    Issue Type Book Built Issue IPO
    Issue Size 2310000 Sh /Rs 16.17 Cr
    * Fresh Issue 2310000 Sh /Rs 16.17 Cr
    * Offer for Sale  – Sh /Rs – Cr
    Market Maker Portion 118000 Sh.
    Net offer to Public 2192000 Sh./Rs.15.34 Cr
    Face Value per share Rs. 10
    Price Band Rs. 70
    Employee discount  Rs. 0 per share
    Retail Lot Size  2000 Shares
    Listing will at  NSE SME
    Shares offered in Enser Communications IPO
      Shares Rs. (Cr)
    QIB (0%) –  
    NII  (50%) 1096000   7.67
    RII  (50%) 1096000   7.67
    Total Shares  2192000 15.34
    Retail portion will be oversubscribed by  548
    Forms
    How much Shares to Apply in Enfuse Solutions IPO?
    Min Retail Application 2000 Sh Rs. 140000
    Min HNI Application  4000 Sh Rs.280000

    Who are the Promoters of Enser Communications IPO?
    The promoters of the company are Mr. Harihara Subramanian Iyer and Mr. Rajnish Omprakash Sarna

    What are the Objects of Enser Communications IPO?

    The Offer comprises only of a Fresh Issue of Equity shares.

    The company intend to utilize the proceeds of the Issue to meet the following objects:

    1. To invest in IT Infrastructure
    2. To meet out the Working Capital requirements of the Company
    3. To meet out the General Corporate Purposes; and
    4. To meet out the Issue Expenses.

    Enser Communications IPO Tentative timetable
    IPO opens on 15 March 2024
    IPO Closes on 19 March 2024
    IPO Allotment on  20 March 2024
    Refund Initiation  21 March 2024
    Credit of Shares 21 March 2024
    Listing on 22 March 2024
    Registered Office of the Company
    5th Floor, 501-506, Arihant Aura
    Turbhe , Navi Mumbai, Sanpada
    Thane Thane MH – 400703 IN

    Who is the Lead Manager of Enser Communications IPO?
    Fast Track Finsec Pvt. ltd
    Who is the Registrar to IPO?
    Skyline Financial Services Pvt ltd
    Enser Communications IPO Financial & Analytical Ratios
    Year Total Income Net Profit EPS RoNW
      Rs.in Cr Rs.in Cr Rs. %
    2020-21   -0.18 -0.07
    2021-22     1,21 0.33
    2022-23      2.49 0.41
    Book Value of the Share on 31.03.2023 Rs 6    
    BV of the Share at cap price after the IPO Rs. ?    
    Offer Price/upper band   Rs. 70    
    Enser Communications IPO
    Key Performance indicators
    Price/last EPS of 22-23  28.11
    Price/BV Ratio 11.67
    Upper price/BV after IPO   


    How Enser Communications IPO compares with the Peers? 

    As per RHP FV Total Income PE Ratio
        In Rs. Cr  
    Enser Communications 10     –                   28.11
    One Point One Solution   2      108.08
    eClerx Services 10   33.81
    Hinduja Global 10   16.09
           

     

    # This is only coverage of News related to Grey Market Premium & subject to rates. We do not deal in grey market premium. We do not recommend dealing in Grey Market. Investment decision based on Grey Market trends can be faulty.

    Enser Communications IPO To the point Guidance
    Enser Communications was established in May 2008 and has been operating  in the Indian Information Technology enabled services (ITES) sector, specializing in Client Interaction Management. Enser primary focus encompasses industries such as Insurance, E commerce, Edtech, and Travel, among others, where it delivers tailor-made solutions to meet the unique requirements of its valued clients.
    Enser’s core mission revolves around facilitating customer acquisition for its clients, thereby
    fostering mutual growth. Notable clients in its portfolio include innovative Insurance companies
    like Acko General Insurance, Reliance Nippon, Ola Financial services and New age companies
    such as India lends, Doubtnut, Cordellia cruises, Mahindra holidays amongst others.
    Size:  The net size of the IPO is Rs. 15.34 Cr comprising of 2192000 shares. The HNI portion is just Rs.7.67 Cr and Retail portion is Rs. 7.67 Cr. The Retail portion will get oversubscribed with only 548 applications. So, there is no worry about oversubscription.
    Financial Snapshot:
    The company has shown steady growth in its topline and bottomline during last 3 years. There seems to be no exception rise in the profits of the year prior to the IPO. The shares are offered at PE multiple of 28.11 and compared to Peers, there appears to be room for listing gain. Apply.

    Quicklinks


    Enser Communications IPO GMP Detail
    IPO GMP today details?

    Enser Communications IPO

    Enser Communications IPO FAQs

    What is Enser Communications IPO?

    Enfuse Solutions IPO is a SME IPO of 2337000 equity shares of the face value of Rs. 10 aggregating up to Rs.22.44 Crores. The issue is priced at Rs.91-96 per share. The minimum order quantity is 1600 Shares.

    When will Enser Communications IPO open?

    Enfuse Solutions IPO opens on March 15, 2024, and closes on March 19, 2024.

    What is the lot size of Enser Communications IPO?
    Enfuse Solutions IPO lot size is 1600 Shares, and the minimum amount required is Rs.115200.

    How to apply for Enser Communications IPO?
    You can apply in Enfuse Solutions IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

    When is Enser Communications IPO allotment?
    The finalization of Basis of Allotment for Enfuse Solutions IPO will be done on March 20, 2024, and the allotted shares will be credited to your demat account by March 21, 2024.

    When is Enser Communications IPO listing date?
    Enfuse Solutions IPO listing date is March 22, 2024.

    Leave a Reply

    Your email address will not be published. Required fields are marked *