
Emerging SME Services · NSE
Enser Communications Limited, established in 2008, is a leading provider of Business Process Management (BPM) services, catering to industries such as insurance, e-commerce, education, and travel. The company operates across four key verticals—customer acquisition, customer services, IT infrastructure management, and data management—offering solutions that include business analytics, CRM systems, and ERP implementation. With a prestigious client portfolio featuring Acko General Insurance Limited and Ola Financial Services Pvt Ltd, Enser delivers tailored services that meet the evolving demands of modern businesses. Supported by a workforce of 780 full-time employees as of December 31, 2023, the company remains committed to innovation and operational excellence, solidifying its reputation as a trusted BPM partner.
Price Band
₹70
Issue Size
₹16.17 Cr
Lot Size
2000 shares
GMP
Est. Listing
₹70
at current GMP
Subscribed
7.33x
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
Designated Registrar: Skyline Financial 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
Enser Communications Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹16.17 Crores. The shares are offered at a price band of ₹70 to ₹70 per equity share on NSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 2000 shares (approx. ₹1,40,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Skyline Financial Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2024-03-22, while un-allotted funds or UPI block mandates will be released on 2024-03-21.
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.
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.