:::LALKAR GROUP::::

Enfuse Solutions Ltd

Registered Office: A/1503 Bonaventure Building #5,Rangnath Kesar Rd Dahisar West, Mumbai - 400068, Maharashtra, India.
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		Money Payable On
Opens On	Closes On	Application	Allotment
15-Mar-24	19-Mar-24	96.00-0.00	0.00-0.00

Minimum Application for shares in Nos : 1200 Further Multiples of : 1200

	(Rs)	Lead Managers to the Issue
Project Cost	19.75	Hem Securities Ltd
Project Financed through Current Offer	22.44
Post Issue Equity Share Capital	8.85
Issue Price	96.00

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

No Data Available