Enser Communications Limited IPO

About Enser Communications Limited

Founded in May 2008, Enser Communications embarked on its journey in the realm of Business Process Management (BPM). At its core, Enser operates a BPM technology platform that seamlessly integrates various channels of communication, including voice, chat, email, Interactive Voice Response Systems (IVRS), and social media.

This integration is designed to enhance customer acquisition and service strategies through a focus on Client Interaction Management. Enser is dedicated to providing solutions that support and promote mutual growth with their clients.

The array of services offered by Enser encompasses Business Analytics, Customer Relationship Management (CRM), IVRS, and solutions aimed at optimising Customer Interaction Management. The organisation is committed to helping its clients navigate the complexities of the customer life cycle by leveraging its advanced BPM platform.

Within their Business Process Management (BPM) operations, they offer 4 key services:

1. Customer Acquisition Services
2. Customer Services
3. IT Infrastructure Management Services
4. Data Management Services

Industry Outlook

1. In recent years, India's Business Process Management (BPM) market has experienced remarkable growth, positioning it as one of the leading outsourcing hubs globally. NASSCOM reports project that the sector's revenue will hit $47.4 billion in the fiscal year 2023, indicating significant expansion.
2. The BPM sector in India plays a crucial role in job creation, offering employment to millions of skilled professionals. The industry's workforce is reported to surpass 4 million employees.
3. The industry's expansion across various sectors such as finance, healthcare, information technology, and e-commerce continues to rise. Forecasts suggest that the Indian BPM industry will witness a growth rate exceeding 7.5% CAGR from 2021 to 2025.

Enser Communications Limited IPO Details

Enser Communications Limited IPO Dates

The IPO of Enser Communications Limited is open for subscription from March 15, 2024, to March 19, 2024.

Enser Communications Limited IPO's Price Band

Enser Communications Limited’s IPO is a fresh issue IPO of up to ₹16.17 crore. It is a book-building issue. The price range is set to ₹70 per share.

Enser Communications Limited IPO's Lot Size

The lot size for Enser Communications Limited’s IPO is 2,000 shares with a minimum investment of ₹1,40,000.

Enser Communications Limited IPO's Objectives

The company plans to allocate the net proceeds from the issuance to the following purposes:

1. Establish a new service unit in Gurgaon with an area of 38,500 Sqft, costing ₹725 lakh, funded entirely by Net Proceeds.
2. Fund working capital requirements of ₹437.00 lakh, primarily through internal accruals, net worth, and loans.
3. Allocate ₹385 lakh for General Corporate Purposes, within 25% of Net Proceeds limit, for strategic initiatives and brand building.
4. Cover Issue-related expenses, estimated up to ₹70 lakh, for fees and charges associated with management, underwriting, legal advisement, and listing.

Peer Details

As per RHP, the listed peer whose business portfolio is comparable to the Enser Communications are as follows:

1. One Point One Solutions Limited,
2. eClerx Services Limited,
3. Hinduja Global Solutions Ltd

How To Check the Allotment Status of Enser Communications Limited’s IPO?

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• Log in to the Angel One app.
• Go to the IPO Section and then to IPO Orders.
• Select the individual IPO that you had applied for and check the allotment status.
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Contact Details of Enser Communications Limited

Registered office: 5th Floor, 501-506, Arihant Aura Turbhe, Navi Mumbai, Sanpada Thane Thane Maharashtra –400703, India

Contact Person: Ms. Muskan (Company Secretary and Compliance Officer)

Phone: 0124-4258077

E-mail: solutions@enser.co.in