Enser Communications Limited IPO
- IPO Date15 Mar, 2024 to 19 Mar, 2024
- Listing Date22 Mar, 2024
- Face Value₹10 per share
- Issue Price₹70 to ₹70 per share
- Lot Size2000 Shares
- Minimum Investment₹1,40,000
- Listing AtNSE SME
- Total Issue Size23,10,000 Shares
(aggregating up to ₹16.17 Cr) - Fresh Issue23,10,000 Shares
(aggregating up to ₹16.17 Cr)
- Offer for Sale-
- Issue TypeFixed Price Issue IPO
- Share holding pre issue64,06,059
- Shareholding post issue87,16,062
IPO Dates
Closing Date
19 Mar, 2024
Initiation of Refunds
21 Mar, 2024
Listing Date
22 Mar, 2024
15 Mar, 2024
Opening Date
20 Mar, 2024
Basis of Allotment
21 Mar, 2024
Credit of Shares
Enser Communications Limited Lot Size
Investors can bid for a minimum of 2000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Max) | 1 | 2000 | ₹1,40,000 |
| Retail (Min) | 1 | 2000 | ₹1,40,000 |
| HNI (Min) | 2 | 4000 | ₹2,80,000 |
Enser Communications Limited Promoter Holding
Mr. Harihara Subramanian Iyer, Mr. Rajnish Omprakash Sarna, Mrs. Gayatri Rajnish Sarna and Mrs. Sindhu Saseedharan Nair are the promoters of the company.
| Pre Issue Share Holding | Post Issue Share Holding |
|---|---|
| 90.13% | 66.25% |
Enser Communications Limited COMPANY INFORMATION
Enser Communications IPO is a fixed price issue of Rs 16.17 crores. The issue is entirely a fresh issue of 23.1 lakh shares. Enser Communications IPO bidding started from March 15, 2024 and ended on March 19, 2024. The allotment for Enser Communications IPO was finalized on Wednesday, March 20, 2024. The shares got listed on NSE SME on March 22, 2024. Enser Communications IPO price is ₹70 per share. The minimum lot size for an application is 2000 Shares. The minimum amount of investment required by retail investors is ₹140,000. The minimum lot size investment for HNI is 2 lots (4,000 shares) amounting to ₹280,000. Fast Track Finsec Pvt Ltd is the book running lead manager of the Enser Communications IPO, while Skyline Financial Services Private Ltd is the registrar for the issue. The market maker for Enser Communications IPO is B.N. Rathi Securities. Refer to Enser Communications IPO RHP for detailed information.
Incorporated in 2008, Enser Communications Limited offers Business Process Management (BPM) services to companies in the insurance, e-commerce, education and travel sectors.
Enser has 4 main business verticals:
- Customer Acquisition Services
- Customer services
- IT infrastructure management services
- Data management services
Under these verticals, the company provides business analytics, customer relationship management (CRM), interactive voice response systems (IVRS), customer interaction management solutions, technology-enabled infrastructure development, technology-enabled solutions - payment reminder/collection/subscription collection, process re-engineering, transaction monitoring systems, ERP implementation and maintenance, application development - customer relationship management, web chat services, application/transaction processing, debt collection, sales & lead generation, customer support, business process outsourcing (BPO) / business process management (BPM), knowledge process consulting, contact center, and customer acquisition services.
The company's clients include Acko General Insurance Limited, Ola Financials Services Pvt Ltd, Metis Eduventures Pvt Ltd, National Health Authority (Government), Reliance Nippon Life Insurance Company Ltd, Class 21A Technologies Pvt Ltd, Acko Technology & Services Pvt ltd, Girnar Finserv Pvt ltd, Gaadi web Private Limited, and G C web ventures Pvt Ltd.
As of December 31, 2023, the company had a total of 780 full-time employees.
FAQs About Enser Communications Limited Ipo
Enser Communications Limited IPO will open on 15 Mar, 2024 and close on 19 Mar, 2024. Investors must apply within this period to participate.
The Enser Communications Limited IPO price band is set between ₹70.00 and ₹70.00 per share. The minimum lot size is 2000, requiring an investment of at least ₹140000.00.
The Enser Communications Limited IPO shares are expected to be listed on 22 Mar, 2024, subject to regulatory approvals and final allotment.
You can track your Enser Communications Limited IPO application status on the registrar’s website: Link Intime or KFintech using your PAN, application number, or DP ID
The Enser Communications Limited IPO will be listed on major stock exchanges such as NSE and BSE, where you can trade shares once they are listed.