Enser Communications is scheduled to hit the market on March 15, 2024 and close on March 19, 2024. Enser Communications plans to raise around ₹16.17 Cr through an IPO with a sale of up to 2,310,000 equity shares of ₹10 each. The Retail offered 50%, Others Offered 50%.
Enser Communications, established in 2008, specializes in providing Business Process Management (BPM) services to businesses across various sectors such as insurance, e-commerce, education, and travel. The company's core operations are divided into four main business verticals, namely Customer Acquisition Services, Customer Services, IT infrastructure management services, and Data management services. Within these verticals, Enser offers a wide range of solutions including business analytics, customer relationship management (CRM), interactive voice response systems (IVRS), technology-enabled infrastructure development, ERP implementation and maintenance, application development, web chat services, debt collection, and business process outsourcing (BPO) services.
Enser Communications serves a diverse clientele that includes prominent organizations like Acko General Insurance Limited, Ola Financials Services Pvt Ltd, National Health Authority (Government), Reliance Nippon Life Insurance Company, and various others. With a dedicated team of 780 full-time employees as of December 31, 2023, the company continues to deliver comprehensive BPM solutions tailored to meet the evolving needs of its clients across different industries.
Enser Communications IPO Details
Enser Communications IPO opens on March 15, 2024, and closes on March 19, 2024. The Listing date for Enser Communications IPO is on March 22, 2024. The price band for IPO is ₹70 per share and lot size of 2000 Shares.
| IPO Date | Mar 15, 2024 to Mar 19, 2024 |
| Listing Date | Mar 22, 2024 |
| Price | ₹70 per share |
| Lot Size | 2000 Shares |
| Issue Size | ₹16.17 Cr |
| Face Value | ₹10 per share |
Enser Communications IPO Tentative Timetable
Enser Communications opening date is March 15, 2024 and close date is March 19, 2024. The IPO allotment date is March 20, 2024. The refund initiation of IPO is on March 21, 2024. The credit of shares in demat account is on March 21, 2024. The listing date is on March 22, 2024.
| Event | Date |
|---|---|
| IPO Opening | Mar 15, 2024 |
| IPO Closing | Mar 19, 2024 |
| IPO Allotment Date | Mar 20, 2024 |
| Refund Initiation | Mar 21, 2024 |
| Shares Credit to Demat | Mar 21, 2024 |
| Lisiting Date | Mar 22, 2024 |
Enser Communications IPO Lot Size
Lot Size of this IPO is 2000 shares. A retail-individual investor can apply for up to 1 lots (2000 shares or ₹140,000).
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail(Minimum) | 1 | 2000 | ₹140,000 |
| Retail(Maximum) | 1 | 2000 | ₹140,000 |
| HNI (Minimum) | 2 | 4000 | ₹2,80,000 |
Enser Communications IPO Promoter Holding
| Pre Issue Share Holding | 90.13% |
| Post Issue Share Holding | 66.25% |
Enser Communications IPO Review
Enser Communications Limited, a leading provider of Business Process Management (BPM) services, has recently entered the market with an IPO valued at Rs 61.01 Cr. The company's track record of success is evident through a substantial growth in revenue and profit after tax between the financial years ending March 31, 2023, and March 31, 2022. With a focus on delivering services to diverse sectors including insurance, e-commerce, education, and travel, Enser has established itself as a trusted partner for clients like Acko General Insurance, Ola Financials, and the National Health Authority. The company's offerings span customer acquisition services, IT infrastructure management, data management services, and more, showcasing a comprehensive approach to business solutions.
Investors eyeing Enser Communications Limited's IPO are presented with a compelling opportunity backed by the company's strong financial performance and strategic objectives. Key Performance Indicators (KPIs) like Return on Equity (ROE) at 32.76%, Return on Capital Employed (ROCE) at 34.61%, and a Price-to-Book Value (P/BV) ratio of 6.46 reflect positively on the company's growth potential. Furthermore, the Post-IPO metrics such as earnings per share (EPS) and Price-to-Earnings (P/E) ratio indicate a favorable outlook for investors seeking long-term value. By earmarking IPO funds for IT infrastructure investment, working capital support, general corporate needs, and issue expenses, Enser is poised to further solidify its market presence and drive sustainable growth in the competitive BPM industry.
Enser Communications Limited's IPO not only represents a chance for investors to partake in a successful enterprise but also signifies an opportunity to engage with a dynamic player in the BPM domain. The company's commitment to enhancing IT infrastructure, addressing working capital requirements, and pursuing general corporate goals underscores a forward-looking approach to business expansion and innovation. With a client portfolio that includes prominent names like Reliance Nippon Life Insurance and Ola Financials, Enser is well-positioned to capitalize on emerging market trends and reinforce its position as a strategic partner for organizations seeking efficient BPM solutions. Investors looking for exposure to a promising sector can consider Enser Communications Limited as a prospective addition to their investment portfolio.
Enser Communications IPO Subscription Status (Bidding Details)
Table not foundEnser Communications IPO Broker Recommendations
- Capital Market: To be updated soon
- Anand Rathi: To be updated soon
- SMC Global: To be updated soon
- Arihant Capital: To be updated soon
Enser Communications IPO FAQs
What is Enser Communications IPO?
Enser Communications is issuing 2,310,000 equity shares with a face value of ₹10 each, totaling up to ₹16.17 Cr. The shares are being offered at a price of ₹70 each, with a minimum order quantity of 2000 shares.
Skyline Financial Services Private Ltd is the registrar for the IPO, and the shares are planned to be listed on the BSE and NSE.
When Enser Communications IPO will open?
Enser Communications will open on March 15, 2024 for QIB, NII, and Retail Investors.
When Enser Communications IPO will end?
Enser Communications will end on March 19, 2024.
What is Enser Communications IPO Size?
Enser Communications IPO size is ₹16.17 Cr.
What is Enser Communications IPO Price Band?
Enser Communications price band is ₹70 per share.
What is the Enser Communications IPO Allotment Date?
Enser Communications allotment date is March 20, 2024.
What is the Enser Communications IPO Listing Date?
Enser Communications listing date is March 22, 2024. The IPO is to be listed on BSE and NSE.
How to Enser Communications IPO through Zerodha?
To apply for the IPO “Enser Communications” on Zerodha, log in to the Zerodha website or app, go to the Portfolio section, and click on IPO. Then, click on the “Apply” button and enter your UPI ID, the desired quantity, and the price. Submit the IPO application form and then approve the mandate on your UPI app. To complete the process, you should have an demat account. If you don't have one, open a demat account with Zerodha.
How to Apply Enser Communications IPO through Upstox?
To apply for the IPO “Enser Communications” on Upstox, log in to the Upstox website or app, click on IPO. Then, click on the “Apply” button and enter your UPI ID, the desired quantity, and the price. Submit the IPO application form and then approve the mandate on your UPI app. To complete the process, you should have an demat account. If you don't have one, open a demat account with Upstox.
How to check Enser Communications IPO Allotment Status?
For Enser Communications IPO Allotment status check you can visit this link, select the desired IPO and enter your PAN to check the allotment status.
What is Enser Communications IPO GMP?
You can check out here: Enser Communications IPO GMP