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Open
19 Jan 2024
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Close
24 Jan 2024
3
Allotment
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Listing
Tue, Jan 30, 2024
Price Band
₹96 to ₹100
Issue Size
9,60,000 shares (agg. up to ₹10 Cr)
Lot Size
1,200 Shares
Listing Date
Tue, Jan 30, 2024
Latest GMP
₹85
Est. Gain
85%
✦ AI Insight
GMP Trend
30-01-2024₹85Est. ₹185+85%
29-01-2024₹85Est. ₹185+85%
28-01-2024₹80Est. ₹180+80%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 379.45x |
Restated Financials (₹ Cr.)
| 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 |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Benchmark Computer Solutions Ltd. | SME | ₹12.24 Cr | ₹66 | 16.3 | ₹77.12 | +16.85% | ₹44.60 (-4.99%) |
| ROX Hi-Tech Ltd. | SME | ₹54.49 Cr | ₹83 | 9.11 | ₹141.75 | +70.78% | ₹36.00 (+4.96%) |
| Synoptics Technologies Ltd. | SME | ₹54.04 Cr | ₹237 | 25.32 | ₹226.10 | -4.60% | ₹72.20 (-5.00%) |
| Veefin Solutions Ltd. | SME | ₹46.73 Cr | ₹82 | 41.41 | ₹90.22 | +10.02% | ₹310.25 (-0.29%) |
| Sahana System Ltd. | SME | ₹32.74 Cr | ₹135 | 16.88 | ₹171.15 | +26.78% | ₹924.45 (+0.05%) |
| Sancode Technologies Ltd. | SME | ₹5.15 Cr | ₹47 | 10.71 | ₹60.80 | +29.36% | ₹376.35 (+1.99%) |
| Vertexplus Technologies Ltd. | SME | ₹14.20 Cr | ₹96 | 28.83 | ₹106.05 | +10.47% | ₹48.30 (+0.00%) |
| Tata Technologies Ltd. | Mainboard | ₹3,042.51 Cr | ₹500 | 32.53 | ₹1,313.00 | +162.60% | ₹765.55 (+0.83%) |
| Protean eGov Technologies Ltd. | Mainboard | ₹489.95 Cr | ₹792 | 29.91 | ₹883.00 | +11.49% | ₹588.95 (-0.30%) |
| Zaggle Prepaid Ocean Services Ltd. | Mainboard | ₹563.38 Cr | ₹164 | 66.67 | ₹158.35 | -3.45% | ₹210.53 (-0.59%) |
| Netweb Technologies India Ltd. | Mainboard | ₹631.00 Cr | ₹500 | 59.67 | ₹910.40 | +82.08% | ₹4,304.20 (-1.61%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Working Capital | 6.83 |
| 2 | General Corporate Expenses | 1.15 |
About Euphoria Infotech IPO
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 ₹. 556.14 Lakhs, ₹. 493.87 Lakhs, and ₹. 737.56 Lakhs, respectively. During the same periods, the Profit after Tax was ₹. 23.91 Lakhs, ₹. 21.71 Lakhs, and ₹.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 i
Contact Details
Euphoria Infotech (India) Ltd. AddressBengal Eco Intelligent Park, Building, Tower IEM-3, Unit 16, 13th FloorSector V, Salt Lake CityKolkata, West Bengal, 700091+91 33 4602 1034cs@euphoriainfotech.comVisit Website