Euphoria Infotech (India) Ltd IPO — GMP, Details & Subscription

IPO Details

Open Date

19 Jan 2024

Close Date

24 Jan 2024

Allotment

25 Jan 2024

Listing Date

30 Jan 2024

Exchange

BSE SME

Price Band

₹100

Listing Price

See chart

Allotment Status

Check Now →

Price Band

₹100

Per share

Face Value

₹10 per share

Lot Size

1,200 Shares

per lot

Issue Size

9,60,000 shares (aggregating up to ₹9.60 Cr)

Total offering

Issue Type

Bookbuilding IPO

Min Investment

₹120,000

1 lot

Pre-IPO Holding

19,41,860 shares

Promoters

Post-IPO Holding

29,01,860 shares

Promoters

P/E (Pre)

14.97x

P/E (Post)

23.99x

EPS (Pre)

₹6.68

EPS (Post)

₹4.17

UPI Deadline

2024-01-24

Mandate

Anchor AllotmentThu, 18 Jan 2024

Basis of AllotmentThu, 25 Jan 2024

Refund InitiationMon, 29 Jan 2024

Demat CreditMon, 29 Jan 2024

Listing DayTue, 30 Jan 2024

UPI Mandate Deadline2024-01-24

Sale TypeFresh Capital

Net Offer to Public9,12,000 shares (aggregating up to ₹9.12 Cr)

Market Maker Quota48,000 shares (aggregating up to ₹0.4800 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Check AllotmentClick here →

Subscription Rate Final

Euphoria Infotech (India) Ltd IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 24 Jan 2024.

QIB

1.00x

Over

NII/HNI

1.00x

Over

Retail

1.00x

Over

Total

1.00x

Over

Category	Subscription	Shares Offered	% of Total	Amount (₹Cr)
Market Maker	Awaited	48,000	—	₹0.48
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	960,000	100%	₹9.60

IPO Shares Offered

Euphoria Infotech (India) Ltd IPO total issue size: ₹9.60 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Market Maker	48,000	₹0.48	5.00%
Total	960,000	₹9.60	100.00%

* Based on upper price band ₹100 per share

Lot Size & Investment

Lot Size

1,200

Shares per Lot

Issue Price

₹100.00

Upper Band

Min Investment

₹120,000

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	2,400	₹240,000
Retail (Max — 13 Lots)	13	15,600	₹1,560,000
S-HNI (Min — 14 Lots)	14	16,800	₹1,680,000
B-HNI (Min — 68 Lots)	68	81,600	₹8,160,000

* Issue Price ₹100 × Lot Size 1,200 shares

IPO Schedule

Anchor

18 Jan 2024

✓ Done

IPO Open

19 Jan 2024

✓ Done

IPO Close

24 Jan 2024

✓ Done

Allotment

25 Jan 2024

✓ Done

Refunds

29 Jan 2024

✓ Done

Demat Credit

29 Jan 2024

✓ Done

Listing Day

30 Jan 2024

✓ Done

₹100.00

INR · BSE

Fetching…

vs Issue Price

—

OPEN

—

HIGH

—

LOW

—

MKT CAP

—

P/E

—

52W HIGH

—

52W LOW

—

VOLUME

—

DIVIDEND

—

DIV YIELD

—

Loading…

Chart Not Available

Try again 2–3 days after listing.

Issue ₹100.00 Live Price

About Euphoria Infotech (India) Ltd

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.

Objects of the Issue

Working Capital requirement; and

General Corporate Expenses

Euphoria Infotech (India) Ltd Financials (Amount in ₹ Lakhs)

Revenue from Operations

₹737.6

31 Mar 2022

₹737.6

31 Mar 2023

₹365.6

30 Sep 2023

Profit After Tax (PAT)

₹19.9

31 Mar 2022

₹129.7

31 Mar 2023

₹60.5

30 Sep 2023

Particulars	30 Sep 2023	31 Mar 2023	31 Mar 2022
Revenue from Operations	365.61	737.56	737.56
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	60.49	129.69	19.90
Net Worth	470.64	410.15	280.46
Total Assets	966.21	832.64	626.71
Reserves & Surplus	276.45	215.96	279.17
Borrowings	213.22	155.09	123.06
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	N/A	—	—

P/BV Ratio

4.73

RoE

38%

RoCE

49%

RoNW

31.62%

Debt/Equity

0.38

Issue Structure & Shareholding

Total Shares Offered9,60,000 (100.00%)

Net Offer to Public9,12,000 shares (aggregating up to ₹9.12 Cr)

Reserved for Market Maker48,000 shares (aggregating up to ₹0.4800 Cr)

Pre-Issue Promoter Holding19,41,860 shares

Post-Issue Promoter Holding29,01,860 shares

P/BV Ratio4.73

RoE38%

RoCE49%

Debt / Equity0.38

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

MAS Services Ltd

(011) 2610 4142

info@masserv.com

https://www.masserv.com/opt.asp

Check Allotment

Book Running Lead Managers

Khandwala Securities Ltd

GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.

IPO Subscription FAQs

How much Euphoria Infotech (India) Ltd IPO subscribed? ▲

Euphoria Infotech (India) Ltd IPO is subscribed 1.00 times by Jan 24, 2024. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor Category	Subscription
Qualified Institutional (QIB)	1.00x
Non Institutional (NII/HNI)	1.00x
Retail Individual	1.00x
Total Subscription	1.00x

What is Euphoria Infotech (India) Ltd IPO retail subscription status? ▼

The Euphoria Infotech (India) Ltd IPO retail category is subscribed 1.00 times as of 24 Jan 2024. The retail portion is oversubscribed.

How to subscribe Euphoria Infotech (India) Ltd IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 19 Jan 2024 and closes 24 Jan 2024. Min investment: ₹120,000 (1 lot = 1,200 shares). UPI mandate: 2024-01-24.

How many times Euphoria Infotech (India) Ltd IPO subscribed? ▼

The Euphoria Infotech (India) Ltd IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Euphoria Infotech (India) Ltd IPO allotment? ▼

Check allotment on the registrar website (MAS Services Ltd) at https://www.masserv.com/opt.asp. Enter your PAN, application number or DP/Client ID. Allotment date: 25 Jan 2024. Refunds: on 29 Jan 2024.

When Euphoria Infotech (India) Ltd IPO will be listed? ▼

The Euphoria Infotech (India) Ltd IPO listing date is 30 Jan 2024, Tuesday. Listed on: BSE SME. Issue price: ₹100. Estimated listing: ₹100. GMP: NIL.

When Euphoria Infotech (India) Ltd IPO close? ▼

The Euphoria Infotech (India) Ltd IPO closes on 24 Jan 2024, Wednesday. UPI mandate: 2024-01-24. Allotment: 25 Jan 2024. Listing: 30 Jan 2024.

Quick Actions

Check Allotment

Live Price LIVE

Last Price₹100.00

Change—

Issue Price₹100.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹100

Face Value₹10

Lot Size1,200 Sh

Min. Amount₹120,000

GMPNIL

Est. Listing₹100

Subscribed1.00x

Open Date19 Jan 2024

Close Date24 Jan 2024

Allotment25 Jan 2024

Listing Date30 Jan 2024

ExchangeBSE SME

UPI Deadline2024-01-24