What is the issue size of Enser Communications Limited IPO?

The issue size of the Enser Communications Limited IPO is Rs. 16.17 cr.

What is 'pre-apply' for Enser Communications Limited IPO?

Pre-apply will alow you to apply for the Enser Communications Limited IPO 2 days before the subscription period starts.

If I pre-apply for Enser Communications Limited IPO, when will my order get placed?

Your order will be placed on the exchange as soon as the Enser Communications Limited IPO bidding starts. You will receive a UPI request within 24 hours after the bidding period opens.

When will I know if my Enser Communications Limited IPO order is placed?

We will notify you when your Enser Communications Limited IPO order is placed with the exchange.

What are the open and close dates of the for Enser Communications Limited IPO?

Enser Communications Limited IPO will be open between 15 Mar - 19 Mar, 2024.

What is the lot size and minimum order quantity of the Enser Communications Limited IPO?

Enser Communications Limited IPO lot size is 2000 shares.

What are the allotment dates for the Enser Communications Limited IPO?

Enser Communications Limited IPO allotment date is 20 Mar, 2024. For Enser Communications Limite IPO allotment status check, you can visit the website of the registrar of the IPO.

Who is the registrar of Enser Communications Limited IPO?

Enser Communications Limited IPO registrar is Skyline Financial Services Private Ltd. You can check Enser Communications Limited IPO allotment status on the website of the registrar.

Where is the Enser Communications Limited IPO getting listed?

The shares are proposed to be listed on NSE SME.

Enser Communications IPO

Enser Communications Limited

₹1,40,000 /2000 sharesMinimum Investment

Enser Communications IPO Listing DetailsListed OnIssue PriceListing PriceListing Gains
NSE₹70.00₹72.00₹2.00 (2.86%)
Enser Communications IPO DetailsBidding DatesMin. InvestmentLot SizePrice Range
15 Mar ‘24 - 19 Mar ‘24₹1,40,0002,000₹70 - ₹70
Issue SizeIPO Doc
16.17CrRHP PDF
About Enser CommunicationsEnser Communications Limited offers Business Process Management (BPM) services. The company operates 4 key business verticals including Customer Acquisition Services, Customer services, IT infrastructure management services and Data management services. Through these verticals, it offers services such as call centres, outsourcing, database management, web services, information systems, and software and hardware sales and maintenance. It also trades communication equipment and provides services like networking, mobile services, computer programming, data processing, business outsourcing, e-commerce facilities, website and portal development, and systems analysis. Additionally, it assists in establishing Management Information Systems, customer contract development, and training and certification.
It main caters to sectors including insurance, e-commerce, education and travel sectors. Some of the company’s clients include Ola Financials Services Pvt Ltd, Reliance Nippon Life Insurance Company Ltd, Acko General Insurance Limited, Metis Eduventures Pvt Ltd, National Health Authority (Government), 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.;
Parent Organisation
Enser Communications Limited
Founded
2008
Managing Director
Mr. Rajnish Omprakash Sarna
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.
Financials
*All values are in Rs. Cr
No Graph Data To Display
Application detailsApply asPrice bandApply upto
Regular₹70 - 70₹2 Lakh
High Networth Individual₹70 - 70₹2 - 5 Lakh
For Enser Communications IPO, eligible investors can apply as Regular.

Listed On	Issue Price	Listing Price	Listing Gains
NSE	₹70.00	₹72.00	₹2.00 (2.86%)

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

Apply as	Price band	Apply upto
Regular	₹70 - 70	₹2 Lakh
High Networth Individual	₹70 - 70	₹2 - 5 Lakh

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