Euphoria Infotech India Limited IPO
- IPO Date19 Jan, 2024 to 23 Jan, 2024
- Listing Date30 Jan, 2024
- Face Value₹10 per share
- Issue Price₹96 to ₹98 per share
- Lot Size1200 Shares
- Minimum Investment₹1,17,600
- Listing AtBSE SME
- Total Issue Size9,60,000 Shares
(aggregating up to ₹9.41 Cr) - Fresh Issue9,60,000 Shares
(aggregating up to ₹9.41 Cr)
- Offer for Sale-
- Issue TypeBook Built Issue IPO
- Share holding pre issue19,41,860
- Shareholding post issue29,01,860
IPO Dates
Closing Date
23 Jan, 2024
Initiation of Refunds
25 Jan, 2024
Listing Date
29 Jan, 2024
19 Jan, 2024
Opening Date
24 Jan, 2024
Basis of Allotment
25 Jan, 2024
Credit of Shares
Euphoria Infotech India Limited Lot Size
Investors can bid for a minimum of 1200 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 | 1200 | ₹1,20,000 |
| Retail (Min) | 1 | 1200 | ₹1,20,000 |
| HNI (Min) | 2 | 2400 | ₹2,40,000 |
Euphoria Infotech India Limited Promoter Holding
| Pre Issue Share Holding | Post Issue Share Holding |
|---|---|
| 100% | - |
Euphoria Infotech India Limited COMPANY INFORMATION
Euphoria Infotech India IPO is a book built issue of Rs 9.60 crores. The issue is entirely a fresh issue of 9.6 lakh shares. Euphoria Infotech India IPO opens for subscription on January 19, 2024 and closes on January 23, 2024. The allotment for the Euphoria Infotech India IPO is expected to be finalized on Wednesday, January 24, 2024. Euphoria Infotech India IPO will list on BSE SME with tentative listing date fixed as Monday, January 29, 2024. Euphoria Infotech India IPO price band is set at ₹96 to ₹100 per share. The minimum lot size for an application is 1200 Shares. The minimum amount of investment required by retail investors is ₹120,000. The minimum lot size investment for HNI is 2 lots (2,400 shares) amounting to ₹240,000. Khandwala Securities Limited is the book running lead manager of the Euphoria Infotech India IPO, while Mas Services Limited is the registrar for the issue. The market maker for Euphoria Infotech India IPO is Giriraj Stock Broking. Refer to Euphoria Infotech India IPO RHP for detailed information.
Incorporated in May 2001, Euphoria Infotech India Limited is a full-stack IT and ITes solution, based out at Kolkata, West Bengal. The company offers IT and ITES solutions for ERP, E-commerce, IoT, cloud-based tools, and data management.
The company's solutions can be grouped into five categories: customized software, e-commerce, IoT, Artificial Intelligence, and Machine Learning.
The applications include online recruitment, application, urban local body services, university management systems, online ticket booking systems, e-commerce, IoT-based dashboards for sewerage treatment plants and other industry-specific requirements.
As for fiscal years 2021, 2022, and 2023, the total revenues of the company were ₹. 556.14 Lakhs, ₹. 493.87 Lakhs, and ₹. 737.56 Lakhs, respectively. During the same periods, the Profit after Tax was ₹. 23.91 Lakhs, ₹. 21.71 Lakhs, and ₹.129.71 Lakhs, respectively.
As of May 31, 2023, the company employs a total of 29 people across various departments, including Accounts, Business Development, Software Development, and Legal and Compliance. Additionally, the company has contracted 16 IT professionals who are responsible for software development and project implementation as of the same date.
FAQs About Euphoria Infotech India Limited Ipo
Euphoria Infotech India Limited IPO will open on 19 Jan, 2024 and close on 23 Jan, 2024. Investors must apply within this period to participate.
The Euphoria Infotech India Limited IPO price band is set between ₹96.00 and ₹98.00 per share. The minimum lot size is 1200, requiring an investment of at least ₹117600.00.
The Euphoria Infotech India Limited IPO shares are expected to be listed on 30 Jan, 2024, subject to regulatory approvals and final allotment.
You can track your Euphoria Infotech India Limited IPO application status on the registrar’s website: Link Intime or KFintech using your PAN, application number, or DP ID
The Euphoria Infotech India Limited IPO will be listed on major stock exchanges such as NSE and BSE, where you can trade shares once they are listed.