Enfuse Solutions Limited
ListedSMEEmerging SME Services · NSE
Enfuse Solutions Limited, established in 2017, is a leading provider of integrated digital solutions, specializing in data management & analytics, e-commerce & digital services, machine learning & artificial intelligence, and edtech & technology solutions. With a strong commitment to innovation, the company enhances business decision-making through data-driven insights, optimizes digital platforms for seamless user experiences, and pioneers AI-driven advancements across industries. Operating from two delivery centers in Maharashtra, Enfuse Solutions serves both domestic and international markets, including the USA, Ireland, Netherlands, and Canada. Supported by a dedicated workforce of 433 employees as of November 30, 2023, the company continues to shape the digital landscape, empowering businesses and educational institutions with cutting-edge technological solutions.
Price Band
₹91 – ₹96
Issue Size
₹22.44 Cr
Lot Size
1200 shares
GMP
₹40
+41.7%
Est. Listing
₹136
at current GMP
Subscribed
357.39x
overall
Open
15 Mar 2024
Close
19 Mar 2024
Allotment
20 Mar 2024
Refund
21 Mar 2024
Demat Credit
22 Mar 2024
Listing
22 Mar 2024
Last updated 12 days ago
Official Registrar Verification
Enfuse Solutions Limited Allotment Status
Designated Registrar: Bigshare Services Private Limited
Allotment Date
20 Mar 2024
Basis finalization
Refunds Initiate
21 Mar 2024
Mandate release
Demat Credit
22 Mar 2024
Shares in demat
Listing Debut
22 Mar 2024
Trading begins
How to Check Enfuse Solutions Limited IPO Allotment Status
- Click the Check on Registrar button above to visit Bigshare Services Private Limited's allotment portal.
- Select Enfuse Solutions Limited from the dropdown company list.
- Choose your lookup mode: PAN Number, Application Number, or DP Client ID.
- Enter your details accurately and solve the Captcha code.
- Click Submit / Search to view the number of shares applied and allotted to you.
About Enfuse Solutions Limited Public Issue & Market Profile
Enfuse Solutions Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹22.44 Crores. The shares are offered at a price band of ₹91 to ₹96 per equity share on NSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
Public Issue & Allotment Procedure:
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Official Allotment Timelines & Registrar Guidance:
Following the close of bidding on 2024-03-19, the basis of allotment is scheduled to be finalized on 2024-03-20. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Bigshare Services Private Limited) or the BSE allotment checking window.
Frequently Asked Questions
What if my name is not showing on the registrar portal?
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
How will I receive the refund if I don't get allotment?
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.