Euphoria Infotech India Limited IPO

Price
₹96 - ₹100
Lot
1200
Subs.
383.86
Expected Listing Earning

Exp. Premium(GMP):
40.00(40.00%)
IPO Details

Open Date: 19-Jan-2024
Close Date: 23-Jan-2024
Allotment Date: 24-Jan-2024
Listing Date: 29-Jan-2024
Listing Price: N/A
Face Value: ₹10 Per Equity Share
Issue Price: ₹96-100 Per Equity Share
Issue Size: Total Issue Size 960,000 shares (aggregating up to ₹9.60 Cr) : Fresh Issue 960,000 shares (aggregating up to ₹9.60 Cr)
Market Lot (Min Amount): Retail - ₹120,000 : HNI - ₹240,000
Subscription Details Updated at End of the Day

As on

QIB

Nll

Rll

Total

Shares Offered/Reserved27,600265,200619,200912,000
Day 1 - 19-01-24 
05:00 PM
3.56x10.84x31.47x24.62x
Day 2 - 23-01-24 
05:00 PM
8.74x95.98x220.41x177.82x
Day 3 - 24-01-24 
05:00 PM
413.26x280.88x426.65x383.86x
Total No. of Application:235,076 (Approx.)
Retail Subscription on the basis of Apps:883.74x
Valuations

Earning Per Share(EPS)6.68/-
P/E Ratio14.97
RoNW31.62%
Net Asset Value (NAV) - Post Issue:21.12/-
Company Financials (in Crore)

 Total AssetsTotal RevenueProfit After Tax
31 Sep,2023966.21365.6160.49
31 Mar,2023832.64737.56129.69
31 Mar,2022626.71493.8719.90
31 Mar,2021709.59556.1426.17
Promoter(s)

Pre Issue Share Holding100%
Post Issue Share HoldingN/A%
Company Promoter(s)
1. Mr. Shamba Bhanja
Issue Objective(s)

The company intends to utilize the Net Fresh Issue Proceeds for the following Objects

  1. Working Capital requirement; and
  2. General Corporate Expenses
About Company

Incorporated in May 2001, Euphoria Infotech India Limited is a full-stack IT and ITes solution, based out at Kolkata, West Bengal. The company offers IT and ITES solutions for ERP, E-commerce, IoT, cloud-based tools, and data management.

The company's solutions can be grouped into five categories: customized software, e-commerce, IoT, Artificial Intelligence, and Machine Learning.

The applications include online recruitment, application, urban local body services, university management systems, online ticket booking systems, e-commerce, IoT-based dashboards for sewerage treatment plants and other industry-specific requirements.

As for fiscal years 2021, 2022, and 2023, the total revenues of the company were ₹. 556.14 Lakhs, ₹. 493.87 Lakhs, and ₹. 737.56 Lakhs, respectively. During the same periods, the Profit after Tax was ₹. 23.91 Lakhs, ₹. 21.71 Lakhs, and ₹.129.71 Lakhs, respectively.

As of May 31, 2023, the company employs a total of 29 people across various departments, including Accounts, Business Development, Software Development, and Legal and Compliance. Additionally, the company has contracted 16 IT professionals who are responsible for software development and project implementation as of the same date.

Disclaimer

No financial information whatsoever published anywhere, within this application, should be considered as an advise to buy or sell securities or invest in IPOs, or as guide to do so in any way whatsoever. All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions. 

Also we are not a SEBi registered analyst comapny. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on information published on this application. Above information is based on information available as on date coupled with market perceptions.

If you are agree with app tems and condition to use the app. 

Thank you.