IPO Details

Enfuse Solutions Ltd
Registered Office: A/1503 Bonaventure Building #5, Rangnath Kesar Rd Dahisar West, Mumbai - 400068, Maharashtra
Phone: +91 22 2811 8383
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		Money Payable On
Opens On	Closes On	Application	Allotment
15-Mar-2024	19-Mar-2024	₹ 96.00	₹ 0.00

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