₹91 to ₹96 per equity share of the face value of ₹10 apiece. Investors of Enfuse Solutions IPO can bid for a minimum of 1,200 shares and in multiples thereof.
The Enfuse Solutions IPO has set aside 35% of the shares for retail investors, 50% for qualified institutional buyers (QIB), and 15% for non-institutional institutional investors (NII). Up to 1,20,000 equity shares, or 5.13% of the offer, have been allotted to the market maker.
Also Read: Enfuse Solutions IPO: Price band, issue size, GMP, key details to know Red Herring Prospectus (RHP) states that its primary objective is to offer integrated digital solutions in a number of domains, including machine learning and artificial intelligence, e-commerce and digital services, data management and analytics, and education technology and solutions. Vertexplus Technologies Ltd (P/E: 36.43), eClerx Services Ltd (P/E: 25.06), and Systango Technologies Ltd (P/E: 26.76) are the company's listed peers, according to RHP.
Enfuse Solutions Limited's profit after tax (PAT) increased by 47.76% and revenue increased by 2.1% during the fiscal year ending on March 31, 2022, and March 31, 2023. "Exciting news! Mint is now on WhatsApp Channels
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