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Enser Communications IPO
Enser Communications Limited
₹1,40,000 /2000 sharesMinimum Investment
Enser Communications IPO Details
| Bidding Dates | Min. Investment | Lot Size | Price Range |
|---|---|---|---|
| 15 Mar ‘24 - 19 Mar ‘24 | ₹1,40,000 | 2,000 | ₹70 - ₹70 |
| Issue Size | IPO Doc |
|---|---|
| 16.17Cr | RHP PDF |
About Enser Communications
Founded in
2008
Managing director
Mr. Rajnish Omprakash Sarna
Parent organisation
Enser Communications Limited
Strengths & Financials of Enser Communications
Strengths
Risks
The company offers a range of services including Integrated Telephony Management, Customer Relationship Management, Sales Management, Order Booking Management, IVR Solution Management, and dynamic Client Interaction Management solutions.
The company carries out its business through customized IT infrastructure and State of the art Management Information Systems. It uses Value for Money pricing model to retain its customers.
The company reported revenue from operations of Rs. 9.24 cr, Rs. 16.60 cr and Rs. 25.41 cr in FY 2021, 2022 and 2023 respectively.
The company hasn't established formal contracts or exclusive arrangements with suppliers for procuring equipment, plant, and machinery. Failure to obtain these items on favourable terms or at all could negatively impact the business, financial condition, and results of operations.
The company had negative cash flow from operating activities of Rs. (2.29) crores.
The company has not entered into long-term or definitive agreements with customers; instead, it relies on yearly or short-term contracts.
The company’s top 5 customers accounted for 65.58%, 85.99%, 92.34%, and 84.54% of total revenue for the respective periods. Losing business from any of these customers could negatively impact revenue and profitability. Further, the company's revenue heavily relies on Acko General Insurance Limited, accounting for 69.21%, 51.61%, and 57.81% of revenue in the last three financial years, respectively.
The company has secured and unsecured long-term loan facilities totalling Rs. 3.68 cr, which the lender may demand repayment of at any time.
The company, its promoters, and its directors are engaged in legal and regulatory proceedings. An unfavourable outcome in these proceedings could significantly impact the company's business, financial condition, cash flows, and results of operations.
Enser Communications Financials
*All values are in Rs. Cr
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Application Details of Enser Communications IPO
| Apply as | Price band | Apply Range |
|---|---|---|
| Regular | ₹70 - 70 | ₹2 - 5 Lakh |
| High Networth Individual | ₹70 - 70 | ₹2 - 5 Lakh |
For Enser Communications IPO, eligible investors can apply as Regular.