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Enfuse Solutions Limited

Enfuse Solutions Limited

smelisted
Registrar: Bigshare Services Pvt Ltd · Listing 2024-03-22
IPO Timeline
Today · 20 Oct 2026
Opens
15 Mar 2024
Closes
19 Mar 2024
Allotment
17 Mar 2024
Refund
21 Mar 2024
Demat
20 Mar 2024
Listing
22 Mar 2024
Price Band
₹91–96
GMP
₹0
0%
Lot Size
1200 Shares
Min ₹115,200
Subscription
0x
Issue Size
₹22.44 Cr
Open
2024-03-15
Close
2024-03-19
Listing
2024-03-22

About the company

## **About  Enfuse Solutions Limited** Incorporated in 2017,Enfuse Solutions Limited work as consultants for their clients as per the terms of subcontracting agreements entered with them. For e.g., if their client is desirous of providing digitization services to one of its customers, then, they as consultants will work on behalf of their client to provide said services to their customers. They execute a Statement of Work with their clients which specify the scope of their services to be provided to their customers which includes the term of the project, background and objective of the project and description of services to be provided. Their  diverse suite of offerings, spanning Data as a Service (DAAS) and software solutions, encompasses an AI platform for tagging audio, video, image, and documents, Edtech AI solutions, data annotation and curation platforms, data engineering, data science, cloud computing, and digital marketing. Through their clients, they have served entrepreneurs ranging from start-up enterprises to established companies, primarily consisting of blue-chip companies operating in sectors such as Technology, BFSI (Banking, Financial Services, and Insurance), Retail, Financial Services (FinTech), Media and Entertainment, Health, Education and various other industries. They work as consultants for their clients as per the terms of subcontracting agreements entered with them. For e.g., if their client is desirous of providing digitization services to one of its customers, then, they as consultants will work on behalf of their client to provide said services to their customers. They execute a Statement of Work with their clients which specify the scope of their services to be provided to their customers which includes the term of the project, background and objective of the project and description of services to be provided. Our diverse suite of offerings, spanning Data as a Service (DAAS) and software solutions, encompasses an AI platform for tagging audio, video, image, and documents, Edtech AI solutions, data annotation and curation platforms, data engineering, data science, cloud computing, and digital marketing. Enfuse Solutions Limited prepares for its forthcoming IPO, it stands as a beacon of excellence in the natural resource processing industry. With a diversified product portfolio, a focus on sustainability, and a strategic vision for the future, the company is poised for continued growth and success, promising investors a compelling opportunity to partake in their journey towards a greener, more sustainable future. 1. Repayment of certain Borrowings availed by the Company 1. To meet Working Capital requirements; and 1. General Corporate Purpose Here are key details about the Enfuse Solutions Limited IPO: Company Name| **Enfuse Solutions Limited**|  | Enfuse Solutions Limited IPO Opening Date| **March 15, 2024** ---|---|---|---|--- Company Established On|**2017**|

Strengths

    Risks

      Financial performance (₹ Cr)

      IPO Roadmap / Timeline

      Current Status · as of 20 Oct 2026
      Listed
      Listed on 22 Mar 2024
      Listed 942 days ago
      1. IPO Opens

        Completed
        15 Mar 2024

        Bidding starts for all investor categories

      2. IPO Closes

        Completed
        19 Mar 2024

        Last day to place your bid

      3. Basis of Allotment

        Completed
        17 Mar 2024

        Share allotment finalised

      4. Refund Initiation

        Completed
        21 Mar 2024

        Refunds credited for non-allottees

      5. Credit to Demat

        Completed
        20 Mar 2024

        Allotted shares credited to demat account

      6. Listing on Exchange

        Completed
        22 Mar 2024

        Shares list on NSE / BSE

      Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.

      Lot size & minimum investment

      Lot Size
      1200 shares
      Price / Share (upper)
      ₹96
      Min Investment (1 lot)
      ₹115,200
      Price Band
      ₹91–96
      Retail / Individual
      1 lot only
      Min lots
      1
      Min shares
      1200
      Min amount
      ₹115,200
      Max amount
      ₹115,200
      HNI
      Min 2 lots
      Min lots
      2
      Min shares
      2400
      Min amount
      ₹230,400
      Max amount
      ₹230,400

      Shares reserved per category & allotment probability

      QIB
      100% allotment
      Reservation
      50%
      Amount
      ₹11.22 Cr
      Shares offered
      1,200,000
      Shares bid
      0
      Subscribed
      0.00x
      NII
      100% allotment
      Reservation
      15%
      Amount
      ₹3.37 Cr
      Shares offered
      360,000
      Shares bid
      0
      Subscribed
      0.00x
      Retail
      100% allotment
      Reservation
      35%
      Amount
      ₹7.85 Cr
      Shares offered
      840,000
      Shares bid
      0
      Subscribed
      0.00x

      Retail is a lottery-based allotment when oversubscribed; QIB/NII get pro-rata. Probability ≈ 1 / subscription times (100% if under-subscribed).