Enser Communications IPO
Live Updates, GMP, Subscription Data, and Financial Details
IPO Overview
Listed
Dates
Mar 15 to Mar 19 2024
Price Band
₹70
Current GMP
₹72 (2.85%)
Subscription
7.28 times
IPO Details
| IPO Date | March 15, 2024 to March 19, 2024 |
| Listing Date | Friday, March 22, 2024 |
| Face Value | ₹10 per share |
| Price | ₹70 per share |
| Lot Size | 2000 Shares |
| Total Issue Size | 2,310,000 shares (aggregating up to ₹16.17 Cr) |
| Fresh Issue | 2,310,000 shares (aggregating up to ₹16.17 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 6,406,059 |
| Share holding post issue | 8,716,059 |
| Market Maker portion | 118,000 shares B.N. Rathi Securities |
IPO Date
March 15, 2024 to March 19, 2024
Listing Date
Friday, March 22, 2024
Face Value
₹10 per share
Price
₹70 per share
Lot Size
2000 Shares
Total Issue Size
2,310,000 shares (aggregating up to ₹16.17 Cr)
Fresh Issue
2,310,000 shares (aggregating up to ₹16.17 Cr)
Issue Type
Fixed Price Issue IPO
Listing At
NSE SME
Share holding pre issue
6,406,059
Share holding post issue
8,716,059
Market Maker portion
118,000 shares B.N. Rathi Securities
IPO Subscription Details
| Market Maker | 1 |
| Non-Institutional Buyers* | 3.64 |
| Retail Investors | 10.91 |
| Total ** | 7.28 |
Market Maker
1
Non-Institutional Buyers*
3.64
Retail Investors
10.91
Total **
7.28
Day Wise Sub
| Day | NII* | Retail | Total |
|---|---|---|---|
| Day 1 Mar 15, 2024 | 0.59 | 1.87 | 1.23 |
| Day 2 Mar 18, 2024 | 1.36 | 5.46 | 3.41 |
| Day 3 Mar 19, 2024 | 3.64 | 10.91 | 7.28 |
DayDay 1
Mar 15, 2024
NII*0.59
Retail1.87
Total1.23
DayDay 2
Mar 18, 2024
NII*1.36
Retail5.46
Total3.41
DayDay 3
Mar 19, 2024
NII*3.64
Retail10.91
Total7.28
Day Wise GMP
| Date | Price | GMP | Estimate List Price |
|---|---|---|---|
| 22-03-2024 | 70.00 | 0 (0%) | 70 |
| 21-03-2024 | 70.00 | 0 (0%) | 70 |
| 20-03-2024 | 70.00 | 0 (0%) | 70 |
| 19-03-2024 | 70.00 | 0 (0%) | 70 |
| 18-03-2024 | 70.00 | 0 (0%) | 70 |
| 17-03-2024 | 70.00 | 0 (0%) | 70 |
| 16-03-2024 | 70.00 | 0 (0%) | 70 |
| 15-03-2024 | 70.00 | 0 (0%) | 70 |
| 14-03-2024 | 70.00 | 0 (0%) | 70 |
| 13-03-2024 | 70.00 | 0 (0%) | 70 |
Date22-03-2024
Price70.00
GMP0 (0%)
Estimate List Price70
Date21-03-2024
Price70.00
GMP0 (0%)
Estimate List Price70
Date20-03-2024
Price70.00
GMP0 (0%)
Estimate List Price70
Date19-03-2024
Price70.00
GMP0 (0%)
Estimate List Price70
Date18-03-2024
Price70.00
GMP0 (0%)
Estimate List Price70
Date17-03-2024
Price70.00
GMP0 (0%)
Estimate List Price70
Date16-03-2024
Price70.00
GMP0 (0%)
Estimate List Price70
Date15-03-2024
Price70.00
GMP0 (0%)
Estimate List Price70
Date14-03-2024
Price70.00
GMP0 (0%)
Estimate List Price70
Date13-03-2024
Price70.00
GMP0 (0%)
Estimate List Price70
IPO Important Dates
| IPO Open Date | Friday, March 15, 2024 |
| IPO Close Date | Tuesday, March 19, 2024 |
| Basis of Allotment | Wednesday, March 20, 2024 |
| Initiation of Refunds | Thursday, March 21, 2024 |
| Credit of Shares to Demat | Thursday, March 21, 2024 |
| Listing Date | Friday, March 22, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on March 19, 2024 |
IPO Open Date
Friday, March 15, 2024
IPO Close Date
Tuesday, March 19, 2024
Basis of Allotment
Wednesday, March 20, 2024
Initiation of Refunds
Thursday, March 21, 2024
Credit of Shares to Demat
Thursday, March 21, 2024
Listing Date
Friday, March 22, 2024
Cut-off time for UPI mandate confirmation
5 PM on March 19, 2024
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2000 | ₹140,000 |
| Retail (Max) | 1 | 2000 | ₹140,000 |
| HNI (Min) | 2 | 4,000 | ₹280,000 |
ApplicationRetail (Min)
Lots1
Shares2000
Amount₹140,000
ApplicationRetail (Max)
Lots1
Shares2000
Amount₹140,000
ApplicationHNI (Min)
Lots2
Shares4,000
Amount₹280,000
Financial Information
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 1,799.26 | 1,383.92 | 870.42 |
| Revenue | 1,815.89 | 2,590.97 | 1,686.47 |
| Profit After Tax | 213.98 | 160.06 | 77.92 |
| Net Worth | 653.24 | 394.78 | 234.71 |
| Reserves and Surplus | 652.17 | 393.78 | 233.71 |
| Total Borrowing | 709.09 | 631.88 | 309.37 |
Period EndedPeriod Ended
30 Sep 202330 Sep 2023
31 Mar 202331 Mar 2023
31 Mar 202231 Mar 2022
Period EndedAssets
30 Sep 20231,799.26
31 Mar 20231,383.92
31 Mar 2022870.42
Period EndedRevenue
30 Sep 20231,815.89
31 Mar 20232,590.97
31 Mar 20221,686.47
Period EndedProfit After Tax
30 Sep 2023213.98
31 Mar 2023160.06
31 Mar 202277.92
Period EndedNet Worth
30 Sep 2023653.24
31 Mar 2023394.78
31 Mar 2022234.71
Period EndedReserves and Surplus
30 Sep 2023652.17
31 Mar 2023393.78
31 Mar 2022233.71
Period EndedTotal Borrowing
30 Sep 2023709.09
31 Mar 2023631.88
31 Mar 2022309.37
Key Performance Indicator
| ROE | 32.76% |
| ROCE | 34.61% |
| RoNW | 32.76% |
| P/BV | 6.46 |
| PAT Margin (%) | 213.98 |
| EPS (Rs) | 2.5 |
ROE
32.76%
ROCE
34.61%
RoNW
32.76%
P/BV
6.46
PAT Margin (%)
213.98
EPS (Rs)
2.5
IPO Reservation
| Anchor Investor Shares Offered | - |
| Market Maker Shares Offered | 118,000 (5.11%) |
| Other Shares Offered | 1,096,000 (47.45%) |
| Retail Shares Offered | 1,096,000 (47.45%) |
| Total Shares Offered | 2,310,000 (100%) |
Anchor Investor Shares Offered
-
Market Maker Shares Offered
118,000 (5.11%)
Other Shares Offered
1,096,000 (47.45%)
Retail Shares Offered
1,096,000 (47.45%)
Total Shares Offered
2,310,000 (100%)
Information about company
Incorporated in 2008, Enser Communications Limited offers Business Process Management (BPM) services to companies in the insurance, e-commerce, education and travel sectors.
Enser has 4 main business verticals:
Customer Acquisition Services
Customer services
IT infrastructure management services
Data management services
Under these verticals, the company provides business analytics, customer relationship management (CRM), interactive voice response systems (IVRS), customer interaction management solutions, technology-enabled infrastructure development, technology-enabled solutions - payment reminder/collection/subscription collection, process re-engineering, transaction monitoring systems, ERP implementation and maintenance, application development - customer relationship management, web chat services, application/transaction processing, debt collection, sales & lead generation, customer support, business process outsourcing (BPO) / business process management (BPM), knowledge process consulting, contact center, and customer acquisition services.
The company's clients include Acko General Insurance Limited, Ola Financials Services Pvt Ltd, Metis Eduventures Pvt Ltd, National Health Authority (Government), Reliance Nippon Life Insurance Company Ltd, Class 21A Technologies Pvt Ltd, Acko Technology & Services Pvt ltd, Girnar Finserv Pvt ltd, Gaadi web Private Limited, and G C web ventures Pvt Ltd.
As of December 31, 2023, the company had a total of 780 full-time employees.
Objectives of IPO
The company intends to utilize the funds for the following objects:
To invest in IT Infrastructure;
To meet the Working Capital requirements of the Company;
To meet the General Corporate Purposes; and
To meet the Issue Expenses.
Disclaimer
All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions.
We are not a SEBI Registered analyst. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on Information published on this application.
No financial information whatsoever published anywhere, within this application, should be considered as advice to buy or sell securities or invest in IPOs, or as a guide to doing so in any way whatsoever
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