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Enser Communications Ltd

Registered Office : 5th Flr 501-506 Arihant Aura-,Turbhe Sanpada Thane,Navi Mumbai Maharashtra 400703 Phone : 0124-425 8077
Fax :

Email : solutions@enser.co.in

Website : www.enser.co.in

Initial public offer of 23,10,000 equity shares of face value of Rs. 10/- each ("Equity Shares") of Enser Communications Limited ("Issuer" or the "Company") for cash at a price of Rs. 70/- per equity share ("Issue Price") (including a share premium of Rs. 60/- per equity share), aggregating to Rs. 16.17 crores ("The Issue"), out of which, 1,18,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 70/- per equity share aggregating to Rs. 0.83 crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. issue of 21,92,000 equity shares of face value of Rs. 10.00/- each at an issue price of Rs. 70 per equity share aggregating to Rs. 15.34 crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 26.50% and 25.15%, respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10/- each and the issue price of Rs. 70/- is 7 times of the face value.

Issue

Opens On

Closes On

15-Mar-2024

19-Mar-2024

Money Payable On

Application

Allotment

70.00

0.00

Minimum Application for shares in Nos : 2000.0 Further Multiples of : 2000.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

15.47

16.17

8.72

70.00

Fast Track Finsec Pvt Ltd

Projects

Setting up of new service unit

Working capital requirement

General corporate purposes

Promoted By

Harihara Subramanian Iyer

Rajnish Omprakash Sarna

Gayatri Rajnish Sarna

Listing At

NSE - SME

Registrar to the Issue

Skyline Financial Services Pvt