Enser Communications IPO

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 nameEnser Communications Limited
SectorInformation Technology
Company Websitehttps://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 date15 March 2024
IPO Closing19 March 2024
Basis of Allotment20 March 2024
Initiation Refund21 March 2024
Credit to Demat Account21 March 2024
Listing Date22 March 2024
(Cut-off time for UPI mandate confirmation – 5 PM on March 19, 2024)

Enser Communications IPO details

Issue typeFixed Price Issue IPO
IPO issue size₹16.17 Cr – 2,310,000 shares
Fresh Issue₹16.17 Cr – 2,310,000 shares
Offer for saleNil
Face value₹10 per share
Offer Price₹70 per share
Lot size2000 Shares
Market Maker portion118,000 shares
Shareholding pre-issue6,406,059
Shareholding post-issue8,716,059
Listing ExchangeNSE SME

Enser Communications IPO Lot Size

Retail (Min)12000₹140,000
Retail (Max)12000₹140,000
HNI (Min)24,000₹280,000

Enser Communications IPO Reservation Details

Retail Shares Offered50%
Other Shares Offered50%

Enser Communications Financial Performance

 FY 2021FY 2022FY 2023H1 FY 2024
Net income(0.12)0.781.602.14
(Amount in ₹ Crores)

Enser Communications Valuations & Margins

FY 2021FY 2022FY 2023
PE ratio26.32
RONW (%)(7.49)33.2040.54
ROCE (%)15.1152.3636.72
EBITDA (%)6.9112.7111.88

Company Promoters

  • Mr. Harihara Subramanian Iyer,
  • Mr. Rajnish Omprakash Sarna
  • Mrs. Gayatri Rajnish Sarna
  • Mrs. Sindhu Saseedharan Nair 

Promoter Holding

Pre Issue Share Holding90.13%
Post Issue Share Holding66.25%

Enser Communications IPO Lead Manager(s)

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

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

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

Leave a Comment

Your email address will not be published. Required fields are marked *