Hello my fellow finance enthusiasts, there is a huge investment opportunity opening up in the near future. Yes, you heard absolutely right. The Euphoriya Infotech India IPO is going to open soon. So I will give you complete information about Euphoriya Infotech India IPO here on IPO India.
On this article I will inform you about Euphoriya Infotech India IPO Date, Price, GMP, Review and Best 3 IPOs to Invest. So without wasting any more time let’s start.
About Euphoriya Infotech India Limited
Established in May 2001, Euphoria Infotech India Limited operates as a comprehensive IT and ITes solutions provider, headquartered in Kolkata, West Bengal. Specializing in ERP, e-commerce, IoT, cloud-based tools and data management, the company offers a full-stack suite of services.
Categorized into five core segments, the company’s solutions include customized software, e-commerce platforms, IoT applications, artificial intelligence and machine learning tools. These applications cater to various needs such as online recruitment, services of urban local bodies, university management systems, online ticket booking systems and industry-specific needs such as IoT-based dashboards for sewage treatment plants.
For the financial years 2021, 2022 and 2023, Euphoria Infotech India Limited reported total revenue of ₹556.14 lakh, ₹493.87 lakh and ₹737.56 lakh respectively. Correspondingly, profit after tax for the same period was ₹23.91 lakh, ₹21.71 lakh and ₹129.71 lakh. As of May 31, 2023, the company maintains a workforce of 29 individuals across various departments including accounts, business development, software development, legal and compliance. Additionally, the company has engaged 16 IT professionals responsible for software development and project implementation.
Euphoriya Infotech India IPO GMP
| Exp. Premium (GMP) | ₹[_] per Share |
About Euphoriya Infotech India IPO
Here is some information about Euphoriya Infotech India IPO which will help you in making a decision to invest in Euphoriya Infotech India IPO. It appears to be a book-built offer with a total value of Rs 9.60 crore, including entirely a fresh issue of 9.6 lakh shares.
Summary of the key details
- Issue Size: Rs 9.60 crores
- Offer for Sale: 9.6 lakh shares
- Subscription Period: January 19, 2024 to January 23, 2024
- Allotment Date: January 24, 2024
- Listing Date: January 29, 2024
Price Range of Euphoriya Infotech India IPO
- ₹96 to ₹100 per share
Lot Size of Euphoriya Infotech India IPO
- Minimum Lot: 1200 Shares.
- Minimum Investment for Retail Investors: ₹120,000
Minimum Lot Size Investments for Euphoriya Infotech India IPO
- HNI: 2 lots (2400 shares), amounting to ₹240,000.
This information provides potential investors with the details they need to participate in the Euphoriya Infotech India IPO. It is important to note that investing in IPOs carries risks, and individuals should do their own research or consult financial professionals before making investment decisions.
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Euphoriya Infotech India IPO
| Open Date | January 19, 2024 |
| Close Date | January 23, 2024 |
| Allotment Date | January 24, 2024 |
| Listing Date | January 29, 2024 |
| Face Value | ₹10 Per Equity Share |
| Issue Price | ₹96-100 Per Equity Share |
| Issue Size | 960,000 shares (Aggregating up to ₹9.60 Cr) |
| Market Lot (Min. Amount) | Retail: 1200 Shares (₹120,000/-) |
| Listing at Group(s) | BSE SME |
| Lead Manager | Khandwala Securities Limited |
| Register | Mas Securities Limited |
| Retail Portion | 35% |
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Valuations of Euphoriya Infotech India IPO
| Earnings Per Share (EPS) | ₹6.68/- |
| P/E Ratio | 14.97 |
| RoNW | 31.62% |
| Net Asset Value (NAV) -as on 31.03.23 | ₹N/A |
Euphoriya Infotech India Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves & Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 30 Sep 2023 | 966.21 | 365.61 | 60.49 | 470.64 | 276.45 | 213.22 |
| 31 Mar 2023 | 832.64 | 737.56 | 129.69 | 410.15 | 215.96 | 155.09 |
| 31 Mar 2022 | 626.71 | 493.87 | 19.90 | 280.46 | 279.17 | 123.06 |
| 31 Mar 2021 | 709.59 | 556.14 | 26.17 | 260.56 | 259.27 | 119.69 |
Promoter(s)
| Pre Issue Share Holding | -% |
| Post Issue Share Holding | -% |
Company Promotor(s):-
If you are new to the investment section and want to know how to invest in IPOs, you can read our article “How to Invest in IPOs?“.
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 38% |
| ROCE | 49% |
| Debt/ Equity | 0.38 |
| RoNW | 31.62% |
| P/BV | 0 |
Issue Objective(s)
- Working Capital requirement
- General Corporate Expenses
Euphoriya Infotech India IPO Registrar
| Name | Mas Services Limited |
| Phone | (011) 2610 4142 |
| info@masserv.com | |
| Website | https://masserv.com/ |
Euphoriya Infotech India IPO Review
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Conclusion
In conclusion, the upcoming Euphoria Infotech India IPO marks an attractive investment opportunity in the IT and ITes solutions sector. Founded in May 2001, the company has a comprehensive suite of services specializing in ERP, e-commerce, IoT, cloud-based tools and data management. With a diverse range of applications including online recruitment, urban local bodies services and industry-specific IoT dashboards, Euphoria Infotech India Ltd has shown financial stability, reporting a revenue of ₹737.56 lakh and a profit after tax of ₹129.71 lakh for the financial year. Year 2023.
With the IPO subscription period running from January 19, 2024 to January 23, 2024, prospective investors should note key details such as an issue size of ₹9.60 crore, a price range of ₹96 to ₹100 per share and a minimum lot size of 1200 shares. Investors must do thorough research considering financial indicators like Earnings per Share (EPS) of ₹6.68, Return on Net Worth (RoNW) of 31.62% and other key performance metrics before taking investment decisions. Investing in IPOs carries inherent risks, and individuals are encouraged to seek professional advice or conduct their own due diligence before participating in this opportunity.
Euphoriya Infotech India IPO FAQs
When Euphoriya Infotech India IPO is coming?
The Euphoria Infotech India IPO opens on January 19, 2024 and closes on January 23, 2024.
What is the lot size of Euphoriya Infotech India IPO?
Euphoria Infotech India IPO lot size is 1200 Shares, and the minimum amount required is ₹120,000.
When Euphoriya Infotech India IPO Allotment?
The finalization of Basis of Allotment for Euphoria Infotech India IPO will be done on Wednesday, January 24, 2024, and the allotted shares will be credited to your demat account by Thursday, January 25, 2024.