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graph-market IPO

Enfuse Solutions Ltd

Registered Office: A/1503 Bonaventure Building #5,Rangnath Kesar Rd Dahisar West, Mumbai - 400068, Maharashtra, India.
Phone : +91 22 2811 8383   Fax:
Email :  cs@enfuse-solutions.com  
Website :  www.enfuse-solutions.com

Initial public offer of upto 23,37,600* equity shares of face value of Rs. 10/- each (the "Equity Shares") of Enfuse Solutions Limited ("The Company" or "The Issuer") at an issue price of Rs. 96 per equity share (including share premium of Rs. 86 per equity share) for cash, aggregating up to Rs. 22.44 crores ("Public Issue") out of which upto 1,20,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 96 per equity share for cash, aggregating Rs. 1.15 crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. issue of upto 22,17,600 equity shares of face value of Rs. 10 each, at an issue price of Rs. 96 per equity share for cash, aggregating upto Rs. 21.29 crores is herein after referred to as the "Net Issue". The public issue and net issue will constitute 26.42% and 25.06% respectively of the post-issue paid-up equity share capital of the company. Price Band: Rs. 96 per equity share of face value of Rs. 10 each. The issue price is 9.6 times of the face value. Bid can be made for a minimum of 1200 equity shares and in multiples of 1200 equity shares thereafter.

Issue Money Payable On
Opens On Closes On Application Allotment
15-Mar-24 19-Mar-24 96.00-0.00 0.00-0.00
Minimum Application for shares in Nos : 1200   Further Multiples of : 1200
  Rs Cr Lead Managers to the Issue
Project Cost 19.75 Hem Securities Ltd
Project Financed through Current Offer 22.44  
Post Issue Equity Share Capital 8.85  
Issue Price 96.00  

Projects

  • Repayment of certain borrowings availed by the company
  • To meet working capital requirements
  • General corporate purposes

Promoted By

Imran Yasin Ansari

Mohammedk Lalmohammed Shaikh

Rahul Mahendra Gandhi

Listing At

NSE - SME

Registrar to the Issue

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