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Enfuse Solutions Ltd

Registered Office : A/1503 Bonaventure Building #5,Rangnath Kesar Rd Dahisar West,Mumbai Maharashtra 400068 Phone : +91 22 2811 8383
Fax :

Email : cs@enfuse-solutions.com

Website : www.enfuse-solutions.com

Initial public offer of upto 23,37,600* equity shares of face value of Rs. 10/- each (the "Equity Shares") of Enfuse Solutions Limited ("The Company" or "The Issuer") at an issue price of Rs. 96 per equity share (including share premium of Rs. 86 per equity share) for cash, aggregating up to Rs. 22.44 crores ("Public Issue") out of which upto 1,20,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 96 per equity share for cash, aggregating Rs. 1.15 crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. issue of upto 22,17,600 equity shares of face value of Rs. 10 each, at an issue price of Rs. 96 per equity share for cash, aggregating upto Rs. 21.29 crores is herein after referred to as the "Net Issue". The public issue and net issue will constitute 26.42% and 25.06% respectively of the post-issue paid-up equity share capital of the company. Price Band: Rs. 96 per equity share of face value of Rs. 10 each. The issue price is 9.6 times of the face value. Bid can be made for a minimum of 1200 equity shares and in multiples of 1200 equity shares thereafter.

Issue

Opens On

Closes On

15-Mar-2024

19-Mar-2024

Money Payable On

Application

Allotment

96.00

0.00

Minimum Application for shares in Nos : 1200.0 Further Multiples of : 1200.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

19.75

22.44

8.85

96.00

Hem Securities Ltd

Projects

Repayment of certain borrowings availed by the company

To meet working capital requirements

General corporate purposes

Promoted By

Imran Yasin Ansari

Mohammedk Lalmohammed Shaikh

Rahul Mahendra Gandhi

Listing At

NSE - SME

Registrar to the Issue

Bigshare Services Pvt Ltd