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28 Oct, 2025
Enfuse Solutions IPO
Enfuse Solutions, a company offering integrated digital solutions, launched its Initial Public Offering (IPO) with the goal of raising Rs 22.44 crores through the issuance of 23.38 lakh shares. The IPO was open for subscription from March 15, 2024, to March 19, 2024, and successfully listed on the NSE SME platform on March 22, 2024
WHAT IS GMP?
GMP (Grey Market Premium) is the difference between the IPO price and the grey market price. It is the premium amount paid for the traded IPO shares. It plays an important role in IPOs as it reflects how the IPO would react on the listing day.
A grey market is a place where shares/stocks are traded before being listed officially on the stock exchange.
Enfuse Solutions IPO
| GMP Date | IPO Price | GMP | Last Updated |
|---|---|---|---|
| - | - | - | - |
**The GMP prices displayed here are solely for informational purposes related to the grey market news. India IPO does not engage in or facilitate grey market trading, nor are these rates (sub2) indicative of any trading activity. We also do not recommend or endorse participation in the grey market.**
Enfuse Solutions IPO Details
| Detail | Description |
|---|---|
| IPO Opening Date | March 15, 2024 |
| IPO Closing Date | March 19, 2024 |
| Listing Date | March 22, 2024 |
| Issue Type | Book Built Issue IPO |
| Price Band | ₹91 to ₹96 per share |
| Lot Size | 1200 Shares |
| Issue Size | 2,337,600 shares (aggregating up to ₹22.44 Cr) |
| Listing At | NSE SME |
| Market Maker | Hem Finlease |
Enfuse Solutions IPO Timeline
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Enfuse Solutions IPO Lot Size
| Application | Lots | Shares | Amount |
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| - | - | - | - |
Enfuse Solutions IPO Promoter Holding
| Share Holding Pre Issue | Share Holding Post Issue |
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| - | - |
Competitive Strength:
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Enfuse Solutions IPO Financial Information
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| Amount in ₹ Crore | ||||||||||||||||||||||||||||||||||||||||
Key Performance Indicator
| KPI | Values |
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| - | - |
| Pre IPO | Post IPO | |
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| EPS (Rs) | ||
| P/E (x) |
Objects of the Issue
The funds raised through the IPO are intended for the following purposes:
- 1. Repayment of certain borrowings availed by the company.
- 2. Meeting working capital requirements.
- 3. General corporate purposes.
IPO Review
Despite operating in a competitive sector, Enfuse Solutions has shown growth in its financial performance. The IPO pricing, based on the company's annualized earnings for FY24, appears to be fully priced. The financial data for the last 21 months suggests an effort to justify the asking price. Investors looking for opportunities in the digital solutions space may consider this IPO for medium to long-term gains.
RHP:
DRHP:
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Frequently asked Questions (FAQs )
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What is an IPO?
An Initial Public Offering (IPO) is the process by which a privately held company offers shares to the public for the first time, transitioning into a publicly traded company. This allows the company to raise capital from public investors.
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What is Enfuse Solutions?
Enfuse Solutions is a company that specializes in providing technology and IT services. These services may include software development, IT consultancy, digital transformation, and other technology-related services to businesses across various sectors.
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When is the Enfuse Solutions IPO scheduled?
The exact dates for the Enfuse Solutions IPO, including the subscription period, would be announced when the company officially declares its intention to go public. The subscription period typically spans a few days, allowing investors to apply for shares.
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What is the price band for the Enfuse Solutions IPO?
The price band for the IPO will be determined based on a valuation of the company's financial health, market conditions, and growth prospects. This range gives potential investors an idea of the price at which they can purchase the company's shares during the IPO.
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