What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the current subscription status of Enfuse Solutions Limited IPO?

Enfuse Solutions Limited IPO has received a total subscription of 357.39 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

Enfuse Solutions Limited

ListedSME

Emerging 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

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

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

357.39x

Total Demand

QIB Multiplier

99.97x

Institutions & Funds

NII / HNI

953.58x

High Net-Worth

Retail (RII)

248.42x

Individual Bidders

Category-Wise Subscription Breakup

Live bidding breakdown by institutional, non-institutional, and retail investors

Total 357.39x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
QIB	444,000	44,388,000	99.97x
NIB	333,600	318,115,200	953.58x
RETAIL	776,400	192,874,800	248.42x
Total	1,554,000	555,378,000	357.39x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 273.35x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	682	169,422	248.42x
HNIs (10L +)	4	3,814	953.58x
HNIs (2-10L)	21	20,025	953.58x
Total Applications	707	193,261	273.35x

Day-Wise Subscription Progress

Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.

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.

Bidding & Quota Instructions:

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.

Allotment Reconciliation Schedule:

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 is Enfuse Solutions Limited IPO GMP today?

The latest Grey Market Premium (GMP) for Enfuse Solutions Limited IPO is ₹40 per equity share. Based on the upper price band of ₹91 to ₹96 per equity share, the estimated listing price is ₹136 (+41.7% expected listing gain).

What is the expected profit per lot for Enfuse Solutions Limited IPO?

With a lot size of 1200 shares and current GMP of ₹40, the expected profit per application lot is approx ₹48,000 (+41.7% gain). Minimum application cost is approx ₹1,15,200.

What is the issue size and price band for Enfuse Solutions Limited IPO?

The Enfuse Solutions Limited IPO aggregate issue size is ₹22.44 Crores with an equity price band set at ₹91 to ₹96 per equity share. The retail lot size is 1200 shares requiring a minimum capital outlay of approx. ₹1,15,200.

How can I check Enfuse Solutions Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 357.39x (Retail: 248.42x, QIB: 99.97x, NII: 953.58x). You can track live multiples directly on our dedicated subscription page.

Where and when will Enfuse Solutions Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2024-03-20. Investors can verify status using PAN card or application number.

When is the listing date for Enfuse Solutions Limited IPO?

Enfuse Solutions Limited shares are scheduled to list on NSE on 2024-03-22.