Enser Communications Limited
Fixed Price Issue IPO · NSE
- Price band
- ₹70 - ₹70
- Lot size
- 2,000 shares
- Issue amount
- ₹16.17 cr
- Total subscription
- 7.33×
- Opens
- 15 Mar 2024
- Closes
- 19 Mar 2024
- Allotment
- 20 Mar 2024
- Listing
- 22 Mar 2024
Offer at a glance
Issue overview
- Issue size
- 23,10,000 shares
- Face value
- ₹10 Per Equity Share
- Minimum investment
- ₹1,40,000
- Fresh issue
- ₹16.17 cr
- Offer for sale
- ₹0 cr
- Registrar
- Skyline Financial Services Private Limited
- Listing exchange
- NSE
- Maximum investment
- ₹1,40,000
- Issue type
- Fixed Price Issue IPO
- Shares before issue
- 64,06,059
- Shares after issue
- 87,16,059
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 2,000 | ₹1,40,000 |
| HNI | 2 | 4,000 | ₹2,80,000 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| — | — |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| RETAIL | 7.67 | 83.68 |
Financial performance
Company financials
in ₹ Lakhs · Reported periods may include interim results.
Key performance indicators
| Metric | Sep-23 | Mar-23 | Mar-22 |
|---|---|---|---|
| EPS | 3.55 | 2.66 | 1.3 |
| ROE | 32.76 | 40.54 | 33.2 |
| ROCE | 34.61 | 36.72 | 52.36 |
| RONW | 32.76 | 40.54 | 33.2 |
| PRE IPO(PE) | 6.46 | 0 | 0 |
| POST IPO(PE) | 28.02 | 0 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Enser Communications Limited, established in 2008, is a leading provider of Business Process Management (BPM) services, catering to industries such as insurance, e-commerce, education, and travel. The company operates across four key verticals—customer acquisition, customer services, IT infrastructure management, and data management—offering solutions that include business analytics, CRM systems, and ERP implementation. With a prestigious client portfolio featuring Acko General Insurance Limited and Ola Financial Services Pvt Ltd, Enser delivers tailored services that meet the evolving demands of modern businesses. Supported by a workforce of 780 full-time employees as of December 31, 2023, the company remains committed to innovation and operational excellence, solidifying its reputation as a trusted BPM partner.
Strengths
- Experienced Leadership: The company is guided by seasoned promoters and a dedicated management team, ensuring strong strategic direction and operational efficiency.
- Balanced Management Synergy: A combination of young talent and experienced professionals fosters innovation, agility, and sound decision-making, enabling adaptability to market shifts.
- Customer-Centric Focus: Enser emphasizes customer satisfaction by identifying new clients and strengthening existing relationships, which helps build long-term partnerships.
- Commitment to Quality: A stringent quality control mechanism ensures high standards in product and service delivery, reinforcing brand credibility and customer trust.
Risk factors
- Financial Strain & Negative Cash Flows: Continuous negative cash flows across key activities could lead to liquidity challenges, making it difficult to sustain operations or invest in expansion.
- Unassessed Funding Risks: The lack of appraisal for its funding requirements increases the risk of inefficient fund deployment, potential overruns, and operational delays.
- First-Generation Entrepreneurship Risks: While entrepreneurial leadership can bring fresh perspectives, limited industry experience may lead to strategic and operational inefficiencies.
- Ongoing Net Losses & Rising Expenses: A history of losses and anticipated cost increases could weaken financial stability, making it harder to attract investors and sustain business growth.
Promoters
Mr. Harihara Subramanian Iyer
Mr. Rajnish Omprakash Sarna
Mrs. Gayatri Rajnish Sarna
Mrs. Sindhu Saseedharan Nair
Registrar & documents
Lead manager
Fast Track Finsec Private Limited
Registrar & contacts
Skyline Financial Services Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
5 th Floor, 501-506, Arihant Aura Turbhe, Navi Mumbai, Sanpada Thane - 400703
0124-4258077
[email protected]Company website ↗Understanding ENSER IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.