Comparison between Enfuse Solutions IPO and Enser Communications IPO.
Enfuse Solutions IPO is a SME Fixed Price IPO proposed to list at NSE SME while Enser Communications IPO is a SME Fixed Price proposed to list at NSE SME.
| Enfuse Solutions IPO | Enser Communications IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Hem Securities Ltd. | Fast Track Finsec Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Skyline Financial Services Pvt.Ltd. |
| Market Maker | Hem Finlease Pvt.Ltd. | B.N.Rathi Securities Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Enfuse Solutions IPO is up to ₹21.29 Cr whereas the issue size of the Enser Communications IPO is up to ₹15.34 Cr. The final issue price of Enfuse Solutions IPO is ₹96.00 per share and of Enser Communications IPO is ₹70.00 per share.
| Enfuse Solutions IPO | Enser Communications IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹91.00 per share | |
| Issue Price (Upper) | ₹96.00 per share | |
| Issue Price (Final) | ₹96.00 per share | ₹70.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1200 shares | 2000 shares |
| Fresh Issue Size | 22,17,600 shares | 21,92,000 shares |
| Fresh Issue Size (Amount) | up to ₹21.29 Cr | up to ₹15.34 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 22,17,600 shares | 21,92,000 shares |
| Issue Size Total (Amount) | up to ₹21.29 Cr | up to ₹15.34 Cr |
Enfuse Solutions IPO opens on Mar 15, 2024, while Enser Communications IPO opens on Mar 15, 2024. The closing date of Enfuse Solutions IPO and Enser Communications IPO is Mar 19, 2024, and Mar 19, 2024, respectively.
| Enfuse Solutions IPO | Enser Communications IPO | |
|---|---|---|
| Anchor Bid Date | Mar 14, 2024 | |
| Issue Open | Mar 15, 2024 | Mar 15, 2024 |
| Issue Close | Mar 19, 2024 | Mar 19, 2024 |
| Basis Of Allotment (Tentative) | Mar 20, 2024 | Mar 20, 2024 |
| Initiation of Refunds (Tentative) | Mar 21, 2024 | Mar 21, 2024 |
| Credit of Share (Tentative) | Mar 21, 2024 | Mar 21, 2024 |
| Listing date (Tentative) | Mar 22, 2024 | Mar 22, 2024 |
| Anchor Lockin End date 1 | Apr 19, 2024 | |
| Anchor Lockin End date 2 | Jun 18, 2024 |
Enfuse Solutions IPO P/E ratio is 21.35, as compared to Enser Communications IPO P/E ratio of 28.02.
| Enfuse Solutions IPO | Enser Communications IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Financials | Enfuse Solutions Limited Financial Information (Restated)Enfuse Solutions Limited's revenue increased by 2.1% and profit after tax (PAT) rose by 47.76% between the financial year ending with March 31, 2023 and March 31, 2022.
| Enser Communications Limited Financial Information (Restated)Enser Communications Limited's revenue increased by 53.63% and profit after tax (PAT) rose by 105.42% between the financial year ending with March 31, 2023 and March 31, 2022.
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| Promoter Shareholding (Pre-Issue) | 100.00 | 90.13 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.58 | 66.25 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 21.35 | 28.02 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹84.94 Cr. | ₹61.01 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 39.88% | 32.76% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 24.05% | 34.61% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹4.50 | ₹2.50 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 33.25% | 32.76% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Enfuse Solutions IPO Retail Individual Investors (RII) are offered 7,76,400 shares while in Enser Communications IPO retail investors are offered 7,76,400 shares. Qualified Institutional Buyers (QIB) are offered 4,44,000 shares in Enfuse Solutions IPO and in Enser Communications IPO.
| Enfuse Solutions IPO | Enser Communications IPO | |
|---|---|---|
| Anchor Investor Reserveration | 6,63,600 shares | |
| Market Maker Reserveration | 1,20,000 shares | 1,18,000 shares |
| QIB | 4,44,000 shares | |
| NII | 3,33,600 shares | 10,96,000 shares |
| RII | 7,76,400 shares | 10,96,000 shares |
| Employee | ||
| Others | ||
| Total | 22,17,600 shares | 21,92,000 shares |
Enfuse Solutions IPO subscribed 357.31x in total, whereas Enser Communications IPO subscribed 7.29x.
| Enfuse Solutions IPO | Enser Communications IPO | |
|---|---|---|
| QIB (times) | 99.97x | |
| NII (times) | 953.22x | 3.64x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 248.42x | 10.92x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 357.31x | 7.29x |
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