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Enser Communications Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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Enser Communications Ltd IPO

Registered Office: 5th Flr 501-506 Arihant Aura-,Turbhe Sanpada Thane , Navi Mumbai - 400703 , Maharashtra , India.
Phone : 0124-425 8077   Fax:
Email :  solutions@enser.co.in  
Website :  www.enser.co.in
Initial public offer of 23,10,000 equity shares of face value of (Rs)10/- each ("Equity Shares") of Enser Communications Limited ("Issuer" or the "Company") for cash at a price of (Rs)70/- per equity share ("Issue Price") (including a share premium of (Rs)60/- per equity share), aggregating to (Rs)16.17 crores ("The Issue"), out of which, 1,18,000 equity shares of face value of (Rs)10/- each for cash at a price of (Rs)70/- per equity share aggregating to (Rs)0.83 crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. issue of 21,92,000 equity shares of face value of (Rs)10.00/- each at an issue price of (Rs)70 per equity share aggregating to (Rs)15.34 crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 26.50% and 25.15%, respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is (Rs)10/- each and the issue price of (Rs)70/- is 7 times of the face value.

Issue Money Payable On
Opens On Closes On Application Allotment
15-Mar-24 19-Mar-24 (Rs)70.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :2000  Further Multiples of :2000

  (Rs Cr) Lead Managers to the Issue
Project Cost 15.47
Fast Track Finsec Pvt Ltd
Project Financed through Current Offer 16.17  
Post Issue Equity Share Capital 8.72  
Issue Price (Rs)70.00  
 
Projects
Setting up of new service unitGeneral corporate purposes
Working capital requirement
Promoted By
Harihara Subramanian Iyer  
Rajnish Omprakash Sarna  
Gayatri Rajnish Sarna  
Listing At
NSE - SME 
Registrar to the Issue
Skyline Financial Services Pvt