31 Mar 2021
Assets4.61
Total Income17.20
Profit After Tax1.55
NET Worth1.56
At a glance
Updated 2026-08-24The shares listed at ₹115.00, a 19.79% move from the issue price. Enfuse Solutions is a SME IPO with an issue size of ₹22.44 crore, proposed for listing on NSE SME. The offer opens on 15th Mar 2024 and closes on 19th Mar 2024. The issue structure includes a fresh issue of ₹21.29 crore. The current listing schedule points to 22nd Mar 2024.
Issue details
Listing atNSE SME
Issue typeBook Build Issue
Issue size₹22.44 Cr
Fresh issue₹21.29 Cr
Face value₹10
Price band₹91.00–₹96.00
Allotment20th Mar 2024
Listing22nd Mar 2024
Listing performance
Full performance ↗Issue price₹96.00
Listing price₹115.00
Current price—
Listing gain19.79%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹40.00
GMP / upper price41.67%
Est. listing₹136.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens15th Mar 2024
Closes19th Mar 2024
Allotment20th Mar 2024
Refund21st Mar 2024
Demat21st Mar 2024
Listing22nd Mar 2024
Subscription demand
Full bidding ↗Total357.31×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 1200 | ₹115,200 |
Company
Incorporated2017
Use of proceeds
| Object | Amount |
|---|---|
| Repayment of certain Borrowings availed by the Company | ₹3.84 Cr |
| To meet Working Capital requirements | ₹10.50 Cr |
| General Corporate Purpose | ₹5.41 Cr |
Financials
Full financials ↗31 Mar 2022
Assets8.90
Total Income25.57
Profit After Tax1.98
NET Worth3.54
Total Borrowing2.34
31 Mar 2023
Assets11.65
Total Income26.10
Profit After Tax2.93
NET Worth6.46
Total Borrowing2.42
31 Dec 2023
Assets25.47
Total Income28.05
Profit After Tax3.23
NET Worth9.70
Reserves and Surplus3.19
Total Borrowing9.06
Trend chart₹ crore
KPIs
| KPI | Dec 31, 2023 |
|---|---|
| ROE | 39.88% |
| ROCE | 24.05% |
| RoNW | 33.25% |
| PAT Margin | 11.51% |
| Price to Book Value | 7.57 |
Valuation & shareholding
Pre-IPO EPS4.50
Post-IPO EPS4.03
Pre-IPO P/E21.35
Post-IPO P/E23.8
Promoter holding pre100%
Promoter holding post73.58%
Market cap₹84.94 Cr.
Issue expenses
| Expense | Amount |
|---|---|
| Book Running Lead Manager fees | ₹0.25 Cr |
| Fees Payable to Registrar to the Issue | ₹0.01 Cr |
| Fees Payable for Advertising and Publishing Expenses | ₹0.05 Cr |
| Fees Payable to Regulators including Stock Exchanges | ₹0.10 Cr |
| Payment for Printing & Stationery, Postage, etc. | ₹0.02 Cr |
| Fees Payable to Auditor, Legal Advisors and other Professionals | ₹0.05 Cr |
| Others, if any (Commission/processing fee for SCSBs, Fees payable for Marketing & distribution expenses, Selling Commission, Brokerage, depositories, secretarial, advisors, consultancy, peer review auditors, Processing Fees*, Underwriting fees and Miscellaneous Expenses) | ₹2.22 Cr |
Registrar & lead managers
Registrar
Bigshare Services Pvt.Ltd.Lead managers
- Hem Securities Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-24.