EUPHORIA INFOTECH (BSE SME)
Jan 19, 2024 - Jan 24, 2024
| Price | ₹96 - ₹100 |
| Premium | ₹85 |
|---|---|
| Lot size | 1200 |
| Allotment | Jan 25, 2024 |
| Listing | Jan 30, 2024 |
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 1200 | 120000 | 0 |
| HNI | 2 | 2400 | 240000 | 261 |
Last updated on 24 Jan 2024 | 05:53:58 PM
| Category | Offered | Applied | Times |
|---|---|---|---|
| QIBs | 27600 | 11406000 | 413.26 |
| HNIs | 313200 | 74538000 | 237.99 |
| Retail | 619200 | 264181200 | 426.65 |
| Total | 960000 | 350125200 | 364.71 |
| Total Application : 235,076 | |||
| HNI Interest Cost per share (7 Days) | |||||
|---|---|---|---|---|---|
| @7% ₹31.95 | @8% ₹36.51 | @9% ₹41.08 | @10% ₹45.64 | @11% ₹50.21 | @12% ₹54.77 |
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.
Euphoria Infotech India IPO Details
| Issue Size | 960,000 shares (aggregating up to ₹9.60 Cr) |
| Fresh Issue | 960,000 shares (aggregating up to ₹9.60 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE SME |
| Share holding pre issue | 1,941,860 |
| Share holding post issue | 2,901,860 |
| Market Maker portion | 48,000 shares Giriraj Stock Broking |
Euphoria Infotech India IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 3.03% of the Net Issue |
| Retail Shares Offered | Not less than 67.85% of the Net Issue |
| NII (HNI) Shares Offered | Not less than 29.08% of the Net Issue |
Euphoria Infotech India IPO Lead Manager(s)
- Khandwala Securities Limited
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 38% |
| ROCE | 49% |
| Debt/Equity | 0.38 |
| RoNW | 31.62% |
| P/BV | 0 |
Company Financials
Euphoria Infotech India Limited Financial Information (Restated Consolidated)
Euphoria Infotech India Limited's revenue increased by 49.34% and profit after tax (PAT) rose by 551.71% between the financial year ending with March 31, 2023 and March 31, 2022.
| Period | 30 Sep 2023 | Mar 2023 | Mar 2022 | Mar 2021 |
| Assets | 966.21 | 832.64 | 626.71 | 709.59 |
| Revenue | 365.61 | 737.56 | 493.87 | 556.14 |
| Profit | 60.49 | 129.69 | 19.90 | 26.17 |
| Net Worth | 470.64 | 410.15 | 280.46 | 260.56 |
| Reserves | 276.45 | 215.96 | 279.17 | 259.27 |
| Borrowing | 213.22 | 155.09 | 123.06 | 119.69 |
| Amount in ₹ Lakhs | ||||
Euphoria Infotech India IPO Lead Manager(s)
- Khandwala Securities Limited
Mas Services Limited
Phone: (011) 2610 4142
Email: info@masserv.com
Website: https://masserv.com/