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Open
15 Mar 2024
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Close
19 Mar 2024
3
Allotment
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Listing
Fri, Mar 22, 2024
Price Band
₹91 to ₹96
Issue Size
23,37,600 shares (agg. up to ₹22 Cr)
Lot Size
1,200 Shares
Listing Date
Fri, Mar 22, 2024
Latest GMP
₹40
Est. Gain
41.67%
✦ AI Insight
GMP Trend
22-03-2024₹40Est. ₹136+41.67%
21-03-2024₹40Est. ₹136+41.67%
20-03-2024₹43Est. ₹139+44.79%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 119.59x |
Restated Financials (₹ Cr.)
| 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 |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Enser Communications Ltd. | SME | ₹16.17 Cr | ₹70 | 28.02 | ₹70.10 | +0.14% | ₹15.25 |
| Euphoria Infotech (India) Ltd. | SME | ₹9.60 Cr | ₹100 | 14.97 | ₹181.51 | +81.51% | ₹28.55 |
| Benchmark Computer Solutions Ltd. | SME | ₹12.24 Cr | ₹66 | 16.3 | ₹77.12 | +16.85% | ₹44.30 |
| ROX Hi-Tech Ltd. | SME | ₹54.49 Cr | ₹83 | 9.11 | ₹141.75 | +70.78% | ₹47.55 |
| Synoptics Technologies Ltd. | SME | ₹54.04 Cr | ₹237 | 25.32 | ₹226.10 | -4.60% | ₹49.35 |
| Veefin Solutions Ltd. | SME | ₹46.73 Cr | ₹82 | 41.41 | ₹90.22 | +10.02% | ₹228.00 |
| Sahana System Ltd. | SME | ₹32.74 Cr | ₹135 | 16.88 | ₹171.15 | +26.78% | ₹887.85 |
| Sancode Technologies Ltd. | SME | ₹5.15 Cr | ₹47 | 10.71 | ₹60.80 | +29.36% | ₹638.45 |
| BLS E-Services Ltd. | Mainboard | ₹309.29 Cr | ₹135 | 44.31 | ₹366.00 | +171.11% | ₹322.05 |
| Tata Technologies Ltd. | Mainboard | ₹3,042.51 Cr | ₹500 | 32.53 | ₹1,313.00 | +162.60% | ₹798.50 |
| Protean eGov Technologies Ltd. | Mainboard | ₹489.95 Cr | ₹792 | 29.91 | ₹883.00 | +11.49% | ₹499.65 |
| Zaggle Prepaid Ocean Services Ltd. | Mainboard | ₹563.38 Cr | ₹164 | 66.67 | ₹158.35 | -3.45% | ₹180.11 |
| Netweb Technologies India Ltd. | Mainboard | ₹631.00 Cr | ₹500 | 59.67 | ₹910.40 | +82.08% | ₹5,087.50 |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ 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 |
About Enfuse Solutions IPO
Updated on Aug 5, 2026
Contact Details
Enfuse Solutions Ltd. AddressA/1503, Bonaventure BuildingNo.5, Rangnath Kesar RoadDahisar WestMumbai, Maharashtra, 400068+91-22-28118383cs@enfuse-solutions.comVisit Website