
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
Overall Subscription
7.33x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
3.75x
High Net-Worth
Retail (RII)
10.91x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| NIB | 1,096,000 | 4,108,000 | 3.75x |
| RETAIL | 1,096,000 | 11,954,000 | 10.91x |
| Total | 2,192,000 | 16,062,000 | 7.33x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 404 | 4,408 | 10.91x |
| HNIs (10L +) | 3 | 11 | 3.75x |
| HNIs (2-10L) | 12 | 45 | 3.75x |
| Total Applications | 419 | 4,464 | 10.65x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
Currently, Enser Communications Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹70 to ₹70 per equity share.
The retail lot size is 2000 shares requiring a minimum application amount of ₹1,40,000. Expected listing price is ₹70 per equity share.
The Enser Communications Limited IPO aggregate issue size is ₹16.17 Crores with an equity price band set at ₹70 to ₹70 per equity share. The retail lot size is 2000 shares requiring a minimum capital outlay of approx. ₹1,40,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 7.33x (Retail: 10.91x, QIB: 0.00x, NII: 3.75x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Skyline Financial 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.
Enser Communications Limited shares are scheduled to list on NSE on 2024-03-22.