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Enfuse Solutions IPO: Know these 10 things before investing!

Enfuse Solutions IPO
___________Enfuse Solutions IPO: Know these 10 things before investing!

Enfuse Solutions IPO: Enfuse Solutions is inviting people to buy shares in its company. This invitation starts on 15 March and ends on 19 March. They have decided what the price of each share will be. In this article, we will learn more about Enfuse Solutions’ invitation to buy shares. We’ll talk about how much each share is worth, how many shares you can buy at once if you’ve given shares, and when they start trading on the stock market.

Table of Contents

Enfuse Solutions IPO Details

Hey, if you’re thinking about investing in IPOs, here’s something you might like. Enfuse Solutions is offering shares from March 15 to March 19. This is your chance to be part of a new company’s journey! Enfuse Solutions is making something big with its IPO, which aims to raise Rs 22.24 crore. They are offering 23.38 lakh new shares for this exciting opportunity!

IPO DateMarch 15, 2024 to March 19, 2024
Listing Date[.]
Face Value₹10 per share
Price Band₹91 to ₹96 per share
Lot Size1200 Shares
Total Issue Size2,337,600 shares (aggregating up to ₹22.44 Cr)
Fresh Issue2,337,600 shares (aggregating up to ₹22.44 Cr)
Issue TypeBook Built Issue IPO
Listing AtNSE SME
Shareholding Pre-Issue6,510,000
Shareholding Post-Issue8,847,600
Market Maker Portion120,000 shares

__________Enfuse Solutions IPO Details

Enfuse Solutions IPO
___________Enfuse Solutions IPO Details

Enfuse Solutions IPO Price

Enfuse Solutions is setting the price for its IPO between Rs 91 and Rs 96 per share. The original price of each share is ₹10. As you know, this is a small business IPO. Also, the IPO of Crystal Integrated Services is available from today.

___________Enfuse Solutions IPO Details

Enfuse Solutions IPO Lot Size

The lot size of Enfuse Solutions IPO is 1200 shares. Retail investors will have to invest at least Rs 115,200 in the IPO. Whereas for HNI the minimum lot size investment is 2 lots, which amounts to Rs 230,400.

Retail (Min)11200₹115,200
Retail (Max)11200₹115,200
HNI (Min)22,400₹230,400

__________Enfuse Solutions IPO Lot Size

Enfuse Solutions IPO Allotment

Investors who purchased the Enfuse Solutions IPO will receive their shares on Wednesday, March 20, 2024. If necessary, refunds will be processed the next day, Thursday, March 21, 2024.

IPO Open DateFriday, March 15, 2024
IPO Close DateTuesday, March 19, 2024
Basis of AllotmentWednesday, March 20, 2024
Initiation of RefundsThursday, March 21, 2024
Credit of Shares to DematThursday, March 21, 2024
Listing DateFriday, March 22, 2024
Cut-off time for UPI mandate confirmation5 PM on March 19, 2024

__________Enfuse Solutions IPO Allotment

Enfuse Solutions IPO Listing

Enfuse Solutions IPO will be listed on the SME platform of the National Stock Exchange (NSE). The IPO listing will take place on Friday, March 22, 2024.

Enfuse solutions IPO
___________Enfuse Solutions IPO Listing

Hem Securities Ltd is the book-running lead manager to the Enfuse Solutions IPO, while BigShare Services Pvt Ltd is the registrar to the issue. And the market maker for the Enfuse Solutions IPO is Heim Finleys.

Company promoter

Imran Yasin Ansari, Mohammad Lal Mohammad Shaikh, Rahul Mahendra Gandhi, Jainulabdin Mohammad bhai Meera, and Farheen Imran Ansari are the promoters of the company. 50% of the offer is reserved for qualified institutional buyers, 35% for retail investors, and 15% for non-institutional investors.

Investor CategoryShares Offered
QIB Shares OfferedNot more than 50% of the Net Issue
Retail Shares OfferedNot less than 35% of the Net Issue
NII (HNI) Shares OfferedNot less than 15% of the Net Issue

__________Company promoter

Enfuse Solutions IPO GMP

Enfuse Solutions IPO is trading at a premium of ₹60 in the gray market today, Investors Gain reports. That means investors can make a profit of 62% on the very first day. According to this, the listing of IPO can be done at Rs 156.

Enfuse solutions IPO
___________Enfuse Solutions IPO GMP

More About Enfuse Solutions Ltd.

Enfuse Solutions Limited started its journey in 2017. They are all about offering digital solutions that work seamlessly across different sectors. From data management to providing e-commerce and digital services, with expertise in machine learning, artificial intelligence, and education technology, they cover it all.

When it comes to their financial position, between March 31, 2022, and March 31, 2023, Enfuse Solutions Limited witnessed some good growth. Their revenue increased by 2.1%, showing continued progress. What’s even more impressive is that their profit after tax increased by 47.76%, which shows that they are not only growing but also thriving in the digital solutions market.


We are not financial advisors, but here’s a friendly tip: The information provided here is not investment advice. If you’re thinking about getting into the stock market, it’s always a good idea to talk to your financial advisor first. They’ve got your help!


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1 thought on “Enfuse Solutions IPO: Know these 10 things before investing!”

  1. Pingback: KP Green Engineering IPO: Know complete details including Date, Price, GMP, Allotment, Listing! | News 24×7

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