Enser Communications Limited IPO Review

Enser Communications Limited IPO Review

Enser Communications is coming up with an IPO worth INR 16.17 crores, consisting of a fresh issue of 23.10 lakh shares. The company plans to utilize the funds raised to meet the working capital requirement, invest in IT infrastructure, and meet the general corporate expenses. 

Enser Communications Ltd IPO – Important Dates

Enser Communications IPO DateMarch 15, 2024 to March 19, 2024
Enser Communications IPO Listing DateMarch 22, 2024
Enser Communications IPO PriceINR 70 per share
Enser Communications IPO Lot Size2000 Shares
Enser Communications IPO Total Issue SizeINR 16.17 crores
Enser Communications IPO Basis of AllotmentMarch 20, 2024
Enser Communications IPO Initiation of RefundsMarch 21, 2024
Enser Communications IPO Credit of Shares to DematMarch 21, 2024
Enser Communications IPO Issue TypeFixed Price Issue
Enser Communications IPO Listing AtNSE SME

Enser Communications IPO – Company Profile

Enser Communications was established and commenced its business in May 2008, Enser is in the business of the “Business Process Management Platform”. Enser’s BPM technology-enabled platform integrates with voice, chat, email, IVRS, and other social media engagements for customer acquisition as well as customer service strategies, specializing in Client Interaction Management.

The company is a NASSCOM certified member and has obtained certifications such as ISO/IEC 27001:2013 and ISO 9001:2015. In the year 2022, the company was awarded the Incredible BPO Brand of the Year at the IBI awards platform. The company has also empaneled with the National Health Authority a Government of India Entity in February 2022 and the State Health Authority, Gujrat, in December 2023.

Enser Communications Limited IPO – Fundamental Analysis

Enser Communications’ IPO showcases significant revenue and profit growth, alongside improved liquidity and asset management. However, discrepancies in RoNW and EPS data necessitate clarification, presenting a potentially promising investment after resolving these concerns and assessing the market position.

Revenue Growth: 

Enser Communications has seen a significant revenue increase from ₹1,660.14 lakhs in FY2022 to ₹2,540.82 lakhs in FY2023,