Enser Communications Ltd
Price Range
₹70
Min. Quantity
2,000
Closes on
19 March 2024
Min. investment
₹1,40,000/2,000 Shares
Enser Communications Ltd IPO Timeline
Enser Communications Ltd was originally incorporated as a Private Limited Company in the name of 'Enser Communications Private Limited' dated May 28, 2008 issued by the Registrar of Companies, Mumbai. Subsequently, the name of Company was changed to 'Enser Communications Limited' and a Fresh Certificate of Incorporation on September 11, 2023 was issued by Registrar of Companies, Mumbai.
| Event | Date |
|---|---|
| Enser Communications Ltd IPO Opening Date | 15 March 2024 |
| Enser Communications Ltd IPO Closing Date | 19 March 2024 |
| Basis of Allotment | 20 March 2024 |
| Initiation of Refunds | 21 March 2024 |
| Credit of Shares to Demat | 21 March 2024 |
| Enser Communications Ltd IPO Listing Date | 22 March 2024 |
Enser Communications Ltd IPO Details
| Enser Communications Ltd IPO Date | 15 March 2024 to 19 March 2024 |
| Enser Communications Ltd IPO Face Value | ₹10 per share |
| Enser Communications Ltd IPO Price | ₹70 to ₹0 per share |
| Enser Communications Ltd IPO Lot Size | 2,000 |
| Issue Size | Shares of ₹10 (aggregating up to ₹16.17 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹16.17 Cr) |
| Offer for Sale | - |
| Issue Type | Fixed Price - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Harihara Subramanian Iyer, Rajnish Omprakash Sarna, Gayatri Rajnish Sarna |
Enser Communications Ltd IPO Lot Size
The Enser Communications Ltd IPO lot size is 2,000 shares. A retail-individual investor can apply for up to 1 lots (2,000 shares or ₹1,40,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 2,000 | ₹1,40,000 |
| Maximum | 1 | 2,000 | ₹1,40,000 |
- Strengths
- Risks
- Opportunities
- Experienced Promoters supported by dedicated Management team.
- Synergy of young and experienced management team with a committed employee base.
- Identifying new customers and increasing business with existing customer's.
- Stringent quality control mechanism ensuring standardized product quality.
Company Financials
Enser Communications Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 37.64 | 46.3 | 5.27 |
| 03-2023 | 14.25 | 25.91 | 1.35 |
| 03-2022 | 8.7 | 16.86 | 0.78 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Setting up of new service unit
- Working capital requirement
- General corporate purposes
Enser Communications Ltd IPO Promoter Holding
| Pre Issue Share Holding | 33.81% |
| Post Issue Share Holding | 24.85% |
Enser Communications Ltd IPO Subscription Status (Bidding Detail)
The Enser Communications Ltd IPO is subscribed 6.9576 times on 19 March 2024 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | - | - | - | - | 6.9576 |
Enser Communications Ltd IPO Prospectus
Enser Communications Ltd IPO Listing Date
| Listing Date | 22 March 2024 |
| BSE Script | 92602 |
| NSE Symbol | ENSER |
| Listing In | NSE - SME |
| ISIN | INE0R9I01013 |
| IPO Price | ₹70 |
| Face Value | ₹10 |
Company Contact Information
5th Flr 501-506 Arihant Aura-Turbhe Sanpada Thane,Navi Mumbai-400703
Phone: 0124-425 8077
Email: solutions@enser.co.in
Website: www.enser.co.in
Enser Communications Ltd IPO Registrar
Enser Communications Ltd IPO Lead Manager(s)
- Fast Track Finsec Pvt Ltd
FAQ
What is the issue size of Enser Communications Ltd IPO?
I have pre-applied for Enser Communications Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.