
Emerging SME Services · BSE
Incorporated in May 2001, Euphoria Infotech India Limited is a Kolkata-based full-stack IT and ITES solutions provider specializing in ERP, e-commerce, IoT, cloud-based tools, and data management. The company's offerings span five key categories: customized software, e-commerce, IoT, artificial intelligence, and machine learning, catering to applications such as online recruitment, urban local body services, university management systems, ticket booking, and industry-specific IoT solutions. For fiscal years 2021, 2022, and 2023, the company reported revenues of ₹556.14 Lakhs, ₹493.87 Lakhs, and ₹737.56 Lakhs, respectively, with corresponding Profit after Tax of ₹23.91 Lakhs, ₹21.71 Lakhs, and ₹129.71 Lakhs. As of May 31, 2023, Euphoria Infotech employs 29 personnel across various departments and has 16 contracted IT professionals dedicated to software development and project execution.
Price Band
₹96 – ₹100
Issue Size
₹9.60 Cr
Lot Size
1200 shares
GMP
+85.0%
Est. Listing
₹185
at current GMP
Subscribed
364.71x
overall
Open
19 Jan 2024
Close
24 Jan 2024
Allotment
25 Jan 2024
Refund
26 Jan 2024
Demat Credit
27 Jan 2024
Listing
30 Jan 2024
Designated Registrar: Mas Services Limited
Allotment Date
25 Jan 2024
Basis finalization
Refunds Initiate
26 Jan 2024
Mandate release
Demat Credit
27 Jan 2024
Shares in demat
Listing Debut
30 Jan 2024
Trading begins
Euphoria Infotech India Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹9.6 Crores. The shares are offered at a price band of ₹96 to ₹100 per equity share on BSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
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.
Following the close of bidding on 2024-01-24, the basis of allotment is scheduled to be finalized on 2024-01-25. 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 (Mas Services Limited) or the BSE allotment checking window.
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.