Enser Communications Ltd IPO

Enser Communications is in the business of the Business Process Management Platform. Enser's BPM technology enabled platform that integrates with voice, chat, email, IVRS, and other social media engagements for customer acquisition as well as customer service strategies, specializing in Client Interaction Management. Enser provides and facilitates to its clients, thereby fostering mutual growth. Enser's comprehensive service offerings span across Business Analytics, Customer Relationship Management (CRM), Interactive Voice Response Systems (IVRS), and Customer Interaction Management solutions.

Open Demat Account

50years

Enser Communications Ltd IPO Details

Details

Total Shares OfferedOffer to PublicRetail Max (Shares)Pre Issue Promoters HoldingExchangeIssue size
₹ 23.1 LTBA₹ 10.96 L₹ 57.73 LNSETBA
IPO Open DateClose DateLot SizeMin InvestmentIssue TypeListing Date
15 Mar, 2419 Mar, 242000 TBA Fixed Price - SME22 Mar, 24

Enser Communications Ltd IPO Dates

  • 15 Mar 2024

    Opening date

  • 19 Mar 2024

    Closing date

  • 20 Mar 2024

    Basis of
    Allotment

  • 21 Mar 2024

    Initiation of
    Refunds

  • 21 Mar 2024

    Credit of
    Shares

  • 22 Mar 2024

    Listing date

Details

SectorType
SectorComputers - Software - Medium
Sub SectorSmall
Issue TypeFixed Price - SME

Subscription Status

*Values are in Lakhs

Investor TypeSubscription TimesShares Offered*Shares Bid*
QIB0x00
NII0x10960000
Retail0x10960000
Employee0x00
Total0x23100000

Subscription Status

Investor Type

QIB

NII

Retail

Employee

Total

*Values are in Lakhs

Enser Communications Ltd Financial Status

Income Statement

Balance Sheet

Particulars (in Rs. Crores)FY23FY22FY21
Revenue from operations7.882.521.66
EBITDA8.653.231.97
PAT5.271.350.78
Total Assets32.169.064.87
Share Capital8.720.010.01
Total Borrowings2.262.082.45
Operating Activities (Net Cash)6.042.061.09
Investing Activities (Net Cash)0.010.010.01
Financing Activities (Net Cash)2.262.082.45
Net Cashflow20.093.603.95

Particulars (in Rs. Crores)

Revenue from operations

EBITDA

PAT

Total Assets

Share Capital

Total Borrowings

Operating Activities (Net Cash)

Investing Activities (Net Cash)

Financing Activities (Net Cash)

Net Cashflow

About Enser Communications Ltd

Enser Communications Limited was originally incorporated as a private limited company under the Companies Act, 1956 in the name and style of Enser Communications Private Limited bearing Corporate Identification Number U64200MH2008PTC182752 dated May 28, 2008 issued by the Registrar of Companies, Mumbai. Subsequently, the Company was converted into public limited company pursuant to a shareholders' resolution passed at an Extra Ordinary General Meeting held on August 18, 2023, and name of the Company was changed to Enser Communications Limited and a fresh Certificate of Incorporation dated September 11, 2023, was issued by Registrar of Companies, Mumbai. As on date of this Prospectus, the Corporate Identification Number of the Company is U64200MH2008PLC182752.

The Indian Information Technology/ Software industry is a global powerhouse today, and its impact on India has been incomparable. It has contributed immensely in positioning the country as a preferred investment destination amongst global investors and creating hug job opportunities in India, as well as in the USA, Europe and other parts of the world. In the last decade, the industry has grown many folds in revenue terms, and relative share to India's GDP is around 7.5 percent in FY 2022-23. India is the topmost off-shoring destination for IT companies across the world. Having proven its capabilities in delivering both on-shore and off-shore services to global clients, emerging technologies now offer an entire new gamut of opportunities for top IT firms in India. Indian IT/Software industry offers cost- effectiveness, great quality, high reliability, speedy deliveries and, above all, the use of state-of-the-art technologies globally. Additionally, the Business Process Management (BPM) Industry has undergone successful evolution in the last 20 years to satisfy changing business requirements and has demonstrated continuously increased global adoption over the years. Indian BPM market has witnessed remarkable growth in recent years, becoming one of the world's largest outsourcing destinations. According to NASSCOM, the Indian BPM sector's revenue is estimated to reach USD 47.4 billion in FY 2022-23, showcasing a significant expansion. The Indian IT/ ITeS industry has a leading position globally and has been progressively contributing to the growth of exports and creation of employment opportunities. India's IT-BPM industry (excluding e-commerce) is expected to grew by 7.9% to reach at USD 245 billion, including exports of 194 USD Billion in FY2022-23 (E). The IT/ITeS has also created large employment opportunities and is estimated to employ 5.4 million professionals, an addition of 2,90,000 people over FY 2021-2022 (E). Women employees account for 36% share in total industry employee base Furthermore, the Indian BPM industry has been a major contributor to employment generation in the country. It provides livelihood opportunities to millions of skilled professionals, with a workforce that exceeds four million employees.

Enser Communications is in the business of the Business Process Management Platform. Enser's BPM technology enabled platform that integrates with voice, chat, email, IVRS, and other social media engagements for customer acquisition as well as customer service strategies, specializing in Client Interaction Management. Enser provides and facilitates to its clients, thereby fostering mutual growth. Enser's comprehensive service offerings span across Business Analytics, Customer Relationship Management (CRM), Interactive Voice Response Systems (IVRS), and Customer Interaction Management solutions.

Peer Comparison:

  • One Point One Solutions Ltd
  • Hinduja Global Solutions Ltd
  • eClerx Services Ltd

Enser Communications Ltd IPO Key Points

Strengths

  • Experienced Promoters supported by dedicated Management team.
  • Synergy of young and experienced management team with a committed employee base.
  • Identifying new customers and increasing business with existing customer's.
  • Stringent quality control mechanism ensuring standardized product quality.

Risk

  • Its funding requirements and proposed deployment of the Net Proceeds of the Offer have not been appraised by a bank or a financial institution and if there are any delays in the schedule of implementation or cost overruns, its business, cash flows, financial condition and results of operations may be adversely affected.
  • The company has not entered into any formal contracts or exclusive arrangement with its suppliers from whom the company procure equipment's, plant and machinery. In the event, the company is unable to procure such items at terms favourable to it, or at all, its business, financial condition and results of operations may be adversely affected.
  • The company requires a number of approvals, NOCs, licenses, registrations and permits in the ordinary course of its business. Some of the approvals are required to be transferred in the name of Enser Communications Limited from Enser Communications Private Limited pursuant to name change of the company and any failure or delay in obtaining the same in a timely manner may adversely affect its operations.

Strategy

  • Nurturing and Expanding Client Relationships.
  • Investing in creativity, People and Operational Excellence.
  • Strategic Geographic Expansion.
  • New areas of Focus for technology.
  • Expansion plans.
  • Experienced Promoters supported by dedicated Management team.
  • Synergy of young and experienced management team with a committed employee base.
  • Identifying new customers and increasing business with existing customer's.
  • Stringent quality control mechanism ensuring standardized product quality.

How To Apply for Enser Communications Ltd IPO Online?

Step 1:

Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.

Step 2:

From the list of open IPOs, select the IPO you want to invest.

Step 3:

Go through the IPO details like lot size, price band, about the company, etc.

Step 4:

Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.

Step 5:

Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.

Get your FAQs right

Enser Communications Ltd's IPO offers shares for up to ₹ 0 L It begins on Mar 15, 2024 and ends on Mar 19, 2024.

The price of Enser Communications Ltd IPO ranges between NA to NA per share.

The Enser Communications Ltd IPO opens on Mar 15, 2024 and closes on Mar 19, 2024.

The allotment for the Enser Communications Ltd IPO will be finalised on Mar 20, 2024. The shares will be listed on BSE and NSE on Mar 22, 2024.

The minimum lot size for Enser Communications Ltd IPO is 2000 shares, priced between NA to NA per share.

The GMP (Grey Market Premium) of Enser Communications Ltd IPO fluctuates based on market demand and sentiment.

To check the allotment status of Enser Communications Ltd IPO, visit the registrar's website, select the IPO, enter your PAN Card number, Application Number, or DP Client ID, and click 'search.'

The Enser Communications Ltd IPO is getting listed on the BSE and NSE. Bidding opens on Mar 15, 2024, and closes on Mar 19, 2024. The allotment is finalised on Mar 20, 2024.

To apply for the Enser Communications Ltd IPO, download the BlinkX app, complete KYC, select the IPO, enter bid details, and submit. Verify UPI payment for shares allotment.