Euphoria Infotech India Limited
Live Updates, GMP, Subscription Data, and Financial Details
IPO Overview
Listed
Dates
Jan 19 to Jan 24, 2024
Price Band
₹96-100
Current GMP
₹190 (90%)
Subscription
383.86 times
IPO Details
| IPO Date | January 19, 2024 to January 24, 2024 |
| Listing Date | Tuesday, January 30, 2024 |
| Face Value | ₹10 per share |
| Price Band | ₹96 to ₹100 per share |
| Lot Size | 1200 Shares |
| Total Issue Size | 960,000 shares (aggregating up to ₹9.60 Cr) |
| Fresh Issue | 960,000 shares (aggregating up to ₹9.60 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE SME |
| Share holding pre issue | 1,941,860 |
| Share holding post issue | 2,901,860 |
| Market Maker portion | 48,000 shares Giriraj Stock Broking |
IPO Date
January 19, 2024 to January 24, 2024
Listing Date
Tuesday, January 30, 2024
Face Value
₹10 per share
Price Band
₹96 to ₹100 per share
Lot Size
1200 Shares
Total Issue Size
960,000 shares (aggregating up to ₹9.60 Cr)
Fresh Issue
960,000 shares (aggregating up to ₹9.60 Cr)
Issue Type
Book Built Issue IPO
Listing At
BSE SME
Share holding pre issue
1,941,860
Share holding post issue
2,901,860
Market Maker portion
48,000 shares Giriraj Stock Broking
IPO Subscription Details
| Market Maker | 1 |
| Qualified Institutions | 413.26 |
| Non-Institutional Buyers* | 280.88 |
| Retail Investors | 426.65 |
| Total ** | 383.86 |
Market Maker
1
Qualified Institutions
413.26
Non-Institutional Buyers*
280.88
Retail Investors
426.65
Total **
383.86
Day Wise Sub
| Day | QIB | NII* | Retail | Total |
|---|---|---|---|---|
| Day 1 Jan 19, 2024 | 3.56 | 10.84 | 31.47 | 24.62 |
| Day 2 Jan 23, 2024 | 8.74 | 95.98 | 220.41 | 177.82 |
| Day 3 Jan 24, 2024 | 413.26 | 280.88 | 426.65 | 383.86 |
DayDay 1
Jan 19, 2024
QIB3.56
NII*10.84
Retail31.47
Total24.62
DayDay 2
Jan 23, 2024
QIB8.74
NII*95.98
Retail220.41
Total177.82
DayDay 3
Jan 24, 2024
QIB413.26
NII*280.88
Retail426.65
Total383.86
Day Wise GMP
| Date | Price | GMP | Estimate List Price |
|---|---|---|---|
| 30-01-2024 | 100.00 | 85 (85%) | 185 |
| 29-01-2024 | 100.00 | 85 (85%) | 185 |
| 28-01-2024 | 100.00 | 80 (80%) | 180 |
| 27-01-2024 | 100.00 | 80 (80%) | 180 |
| 26-01-2024 | 100.00 | 80 (80%) | 180 |
| 25-01-2024 | 100.00 | 80 (80%) | 180 |
| 24-01-2024 | 100.00 | 80 (80%) | 180 |
| 23-01-2024 | 100.00 | 80 (80%) | 180 |
| 22-01-2024 | 100.00 | 80 (80%) | 180 |
| 21-01-2024 | 100.00 | 80 (80%) | 180 |
| 20-01-2024 | 100.00 | 80 (80%) | 180 |
| 19-01-2024 | 100.00 | 80 (80%) | 180 |
| 18-01-2024 | 100.00 | 50 (50%) | 150 |
| 17-01-2024 | 100.00 | 30 (30%) | 130 |
| 16-01-2024 | 100.00 | 20 (20%) | 120 |
Date30-01-2024
Price100.00
GMP85 (85%)
Estimate List Price185
Date29-01-2024
Price100.00
GMP85 (85%)
Estimate List Price185
Date28-01-2024
Price100.00
GMP80 (80%)
Estimate List Price180
Date27-01-2024
Price100.00
GMP80 (80%)
Estimate List Price180
Date26-01-2024
Price100.00
GMP80 (80%)
Estimate List Price180
Date25-01-2024
Price100.00
GMP80 (80%)
Estimate List Price180
Date24-01-2024
Price100.00
GMP80 (80%)
Estimate List Price180
Date23-01-2024
Price100.00
GMP80 (80%)
Estimate List Price180
Date22-01-2024
Price100.00
GMP80 (80%)
Estimate List Price180
Date21-01-2024
Price100.00
GMP80 (80%)
Estimate List Price180
Date20-01-2024
Price100.00
GMP80 (80%)
Estimate List Price180
Date19-01-2024
Price100.00
GMP80 (80%)
Estimate List Price180
Date18-01-2024
Price100.00
GMP50 (50%)
Estimate List Price150
Date17-01-2024
Price100.00
GMP30 (30%)
Estimate List Price130
Date16-01-2024
Price100.00
GMP20 (20%)
Estimate List Price120
IPO Important Dates
| IPO Open Date | Friday, January 19, 2024 |
| IPO Close Date | Wednesday, January 24, 2024 |
| Basis of Allotment | Thursday, January 25, 2024 |
| Initiation of Refunds | Monday, January 29, 2024 |
| Credit of Shares to Demat | Monday, January 29, 2024 |
| Listing Date | Tuesday, January 30, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on January 24, 2024 |
IPO Open Date
Friday, January 19, 2024
IPO Close Date
Wednesday, January 24, 2024
Basis of Allotment
Thursday, January 25, 2024
Initiation of Refunds
Monday, January 29, 2024
Credit of Shares to Demat
Monday, January 29, 2024
Listing Date
Tuesday, January 30, 2024
Cut-off time for UPI mandate confirmation
5 PM on January 24, 2024
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1200 | ₹120,000 |
| Retail (Max) | 1 | 1200 | ₹120,000 |
| HNI (Min) | 2 | 2,400 | ₹240,000 |
ApplicationRetail (Min)
Lots1
Shares1200
Amount₹120,000
ApplicationRetail (Max)
Lots1
Shares1200
Amount₹120,000
ApplicationHNI (Min)
Lots2
Shares2,400
Amount₹240,000
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 | 966.21 | 832.64 | 626.71 |
| Revenue | 365.61 | 737.56 | 493.87 |
| Profit After Tax | 60.49 | 129.69 | 19.90 |
| Net Worth | 470.64 | 410.15 | 280.46 |
| Reserves and Surplus | 276.45 | 215.96 | 279.17 |
| Total Borrowing | 213.22 | 155.09 | 123.06 |
Period EndedPeriod Ended
30 Sep 202330 Sep 2023
31 Mar 202331 Mar 2023
31 Mar 202231 Mar 2022
Period EndedAssets
30 Sep 2023966.21
31 Mar 2023832.64
31 Mar 2022626.71
Period EndedRevenue
30 Sep 2023365.61
31 Mar 2023737.56
31 Mar 2022493.87
Period EndedProfit After Tax
30 Sep 202360.49
31 Mar 2023129.69
31 Mar 202219.90
Period EndedNet Worth
30 Sep 2023470.64
31 Mar 2023410.15
31 Mar 2022280.46
Period EndedReserves and Surplus
30 Sep 2023276.45
31 Mar 2023215.96
31 Mar 2022279.17
Period EndedTotal Borrowing
30 Sep 2023213.22
31 Mar 2023155.09
31 Mar 2022123.06
Key Performance Indicator
| ROE | 38% |
| ROCE | 49% |
| Debt/Equity | 0.38 |
| RoNW | 31.62% |
| P/BV | 4.73 |
| EPS (Rs) | 6.68 |
ROE
38%
ROCE
49%
Debt/Equity
0.38
RoNW
31.62%
P/BV
4.73
EPS (Rs)
6.68
IPO Reservation
| Anchor Investor Shares Offered | - |
| Market Maker Shares Offered | 48,000 (5.00%) |
| QIB Shares Offered | 27,600 (2.88%) |
| NII (HNI) Shares Offered | 265,200 (27.63%) |
| Retail Shares Offered | 619,200 (64.50%) |
| Total Shares Offered | 960,000 (100%) |
Anchor Investor Shares Offered
-
Market Maker Shares Offered
48,000 (5.00%)
QIB Shares Offered
27,600 (2.88%)
NII (HNI) Shares Offered
265,200 (27.63%)
Retail Shares Offered
619,200 (64.50%)
Total Shares Offered
960,000 (100%)
Information about company
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 â¹. 556.14 Lakhs, â¹. 493.87 Lakhs, and â¹. 737.56 Lakhs, respectively. During the same periods, the Profit after Tax was â¹. 23.91 Lakhs, â¹. 21.71 Lakhs, and â¹.129.71 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 implementation as of the same date.
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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