Enser Communications IPO will open for subscription from 15 March 2024. The company aims for an issue size of ₹16.17 Cr through this IPO.
Company Overview
| Full name | Enser Communications Limited |
| Sector | Information Technology |
| Industry | BPO/ITES |
| Company Website | https://enser.co.in/ |
About Company
Established in 2008, Enser Communications provides Information Technology-enabled Services (ITES) to companies in the insurance, e-commerce, edtech, hospitality, and travel sectors. Enser operates within the Business Process Management Platform (BPM) sector. Its BPM technology integrates various communication channels such as voice, chat, email, IVRS, and social media for customer acquisition and service strategies, particularly focusing on Client Interaction Management. The company provides the following four services within the BPM business:
- Customer Acquisition Services
- Customer Services
- IT Infrastructure Management Services
- Data Management Services
Enser offers a wide range of services including Business Analytics, Customer Relationship Management (CRM), Interactive Voice Response Systems (IVRS), and Customer Interaction Management solutions. As of 31 December 2023, the company employs 780 full-time employees.
The company’s clients include Acko General Insurance Limited and Ola Financial 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.
The Objectives of the Issue
- Customer Acquisition Services
- Customer services
- IT infrastructure management services
- Data management services
Enser Communications IPO Timetable
| IPO Opening date | 15 March 2024 |
| IPO Closing | 19 March 2024 |
| Basis of Allotment | 20 March 2024 |
| Initiation Refund | 21 March 2024 |
| Credit to Demat Account | 21 March 2024 |
| Listing Date | 22 March 2024 |
Enser Communications IPO details
| Issue type | Fixed Price Issue IPO |
| IPO issue size | ₹16.17 Cr – 2,310,000 shares |
| Fresh Issue | ₹16.17 Cr – 2,310,000 shares |
| Offer for sale | Nil |
| Face value | ₹10 per share |
| Offer Price | ₹70 per share |
| Lot size | 2000 Shares |
| Market Maker portion | 118,000 shares |
| Shareholding pre-issue | 6,406,059 |
| Shareholding post-issue | 8,716,059 |
| Listing Exchange | NSE SME |
Enser Communications IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2000 | ₹140,000 |
| Retail (Max) | 1 | 2000 | ₹140,000 |
| HNI (Min) | 2 | 4,000 | ₹280,000 |
Enser Communications IPO Reservation Details
| Retail Shares Offered | 50% |
| Other Shares Offered | 50% |
Enser Communications Financial Performance
| FY 2021 | FY 2022 | FY 2023 | H1 FY 2024 | |
| Revenue | 9.24 | 16.60 | 25.41 | 18.09 |
| Expenses | 9.90 | 15.51 | 23.71 | 15.33 |
| Net income | (0.12) | 0.78 | 1.60 | 2.14 |
Enser Communications Valuations & Margins
| FY 2021 | FY 2022 | FY 2023 | |
| EPS | (0.20) | 1.30 | 2.66 |
| PE ratio | – | – | 26.32 |
| RONW (%) | (7.49) | 33.20 | 40.54 |
| NAV | 2.61 | 3.91 | 6.57 |
| ROCE (%) | 15.11 | 52.36 | 36.72 |
| EBITDA (%) | 6.91 | 12.71 | 11.88 |
| Debt/Equity | – | 1.32 | 1.60 |
Company Promoters
- Mr. Harihara Subramanian Iyer,
- Mr. Rajnish Omprakash Sarna
- Mrs. Gayatri Rajnish Sarna
- Mrs. Sindhu Saseedharan Nair
Promoter Holding
| Pre Issue Share Holding | 90.13% |
| Post Issue Share Holding | 66.25% |
Enser Communications IPO Lead Manager(s)
FAST TRACK FINSEC PRIVATE LIMITED
Office No. V-116,1stFloor, New Delhi House,
27, Barakhamba Road, New Delhi -110001
Phone: +91-11-43029809
Email: investor@ftfinsec.com
Website: www.ftfinsec.com
Enser Communications Registrar
SKYLINE FINANCIAL SERVICES PVT. LTD
D-153 A, 1st Floor, Okhla Industrial Area,
Phase – I, New Delhi-110020
Phone: +91- 11-40450193-197
Email: ipo@skylinerta.com
Website: www.skylinerta.com
Enser Communications Contact Details
ENSER COMMUNICATIONS LIMITED
Plot No 217, 1stFloor, Udyog Vihar, Phase 1, Gurgaon,
Haryana Sadar Bazar Gurgaon Haryana-122001
Phone: 0124-4258077
E-mail: solutions@enser.co.in
Website: www.enser.co.in
Enser Communications IPO Allotment Status
Enser Communications IPO allotment status will be available on Skyline Financial Services’ website. Click on this link to get allotment status.
Final thoughts
Enser Communications IPO is going to hit Dalal Street soon. applying for an IPO is purely a personal choice. study well about the company and subscribe if you are feeling good about the company. I hope this post will give you enough details to make a fundamental study of the company. learn well and make wise decisions.
Happy Investing
