The Enser Communications date has been confirmed from March 15, 2024, and closes on March 19, 2024. Read the post to learn about Enser Communications IPO GMP.
Enser Communications Developers is on the brink of a remarkable journey, poised to embark on an IPO adventure worth a staggering Rs 16.17 crores. Picture this: shares priced at a modest ₹70 each, beckoning both seasoned investors and eager newcomers alike. Now, let’s delve into the heart of this opportunity. Enser Communications IPO GMP Today is ₹NA. The threshold for participation stands at a minimum lot size of 2000 shares, requiring a commitment of ₹140,000 from our retail investors. And for those among us who navigate the realm of High Net Worth Individuals (HNIs), the ante is doubled, calling for a minimum of 2 lots, totaling ₹280,000.
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Bidding Dates
March 15-19
Price Range
₹70 per share
Face Value
₹10 per share
GMP
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Enser Communications IPO GMP
The Enser Communications IPO GMP Today is ₹[].
IPO Overview
But wait, there’s more! Mark your calendars, my friends, for the Enser Communications IPO spectacle that unfolds between March 15 and March 19, 2024. Anticipation swells as we await the revelation of allocations by March 20, 2024, with whispers suggesting a grand listing date set for March 22, 2024, gracing the illustrious NSE SME.
Enser Communications IPO Details
| IPO Date | March 15, 2024 to March 19, 2024 |
| Listing Date | [.] |
| 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 |
Enser Communications Limited Financial Information
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
| Assets | 1,799.26 | 1,383.92 | 870.42 | 662.41 |
| Revenue | 1,815.89 | 2,590.97 | 1,686.47 | 961.30 |
| Profit After Tax | 213.98 | 160.06 | 77.92 | -11.74 |
| Net Worth | 653.24 | 394.78 | 234.71 | 156.78 |
| Reserves and Surplus | 652.17 | 393.78 | 233.71 | 155.78 |
| Total Borrowing | 709.09 | 631.88 | 309.37 | 276.92 |
| Amount in ₹ Lakhs | ||||
Enser Communications IPO Timeline
| 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 |
Company Profile
Now, let me regale you with the story of Enser Communications, a tale of innovation and service that began in the year 2008. Their specialty lies in the realm of business process management (BPM), serving as the silent orchestrators behind the scenes for sectors ranging from travel to education, insurance to e-commerce. Their client roster reads like a who’s who of corporate giants, including the likes of Reliance Nippon Life Insurance Company Ltd, Ola Financials Services Pvt Ltd, and Acko General Insurance Limited, among others.
As of December 31, 2023, their dedicated workforce numbered at 780 souls, tirelessly weaving the fabric of success through services encompassing business analytics, CRM, and web converse services, all tailored to suit the varied needs of their clientele. So, dear investors, as the curtains rise on this captivating IPO saga, I urge you to keep a watchful eye on Enser Communications. For in their story lies the promise of opportunity, beckoning those who dare to seize the moment and partake in the excitement of the IPO frenzy!
Registrar Info
| Name | Skyline Financial Services Private Ltd |
| Phone number | 02228511022 |
| Email ID | ipo@skylinerta.com |
| Website | skylinerta.com |
Contact Details
| Name | Enser Communications Limited |
| Phone number | 0124-4258077 |
| Email ID | solutions@enser.co.in |
| Website | enser.co.in |
IPO Strengths
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
