About the Company:
Enser Communications was established and commenced its business in May 2008, Company is in the business of the “Business Process Management Platform”.
Company’s BPM technology enabled platform that integrates with voice, chat, email, IVRS, and other social media engagements for customer acquisition as well as customer service strategies, specializing in Client Interaction Management.
Company provides and facilitates to clients, thereby fostering mutual growth. Enser’s comprehensive service offerings span across Business Analytics, Customer Relationship Management (CRM), Interactive Voice Response Systems (IVRS), and Customer Interaction Management solutions.
Company’s primary focus encompasses industries such as Insurance, E- commerce, Edtech, Hospitality and Travel and among others, where we deliver tailor-made solutions to meet the unique requirements of our valued clients.
Notable clients in company’s portfolio include innovative Insurance companies like Acko General Insurance, Reliance Nippon, Ola Financial services and New age companies such as India lends, Doubtnut, Cordellia cruises, Mahindra holidays amongst others.
Company provides following 4 services into our BPM business:
- Customer Acquisition Services.
- Customer Services.
- IT Infrastructure Management Services.
- Data Management Services.
Recently company has expanded the service providing capacity of business activity the company by setting up following service facilitating offices:
- 31A, Udyog Vihar in August, 2022 with a workstation capacity of 701 seats.
- Arihant Aura, Navi Mumbai in September, 2022 with a workstation capacity of 216 seats.
- Set up New Office Space at Bangalore in November, 2022.
- EFC Tower, Navi Mumbai in May, 2023 with a workstation capacity of 221 seats.
Further, as a part of expansion of business activity the company is setting up a new service unit at 104, Udyog Vihar, Phase 4 Gurugram, Haryana with 500+ seats capacity, to provide and facilitate customer acquisition and other BPM services to our clients.
Company’s Major Competitors:
- One Point One Solutions Ltd.
- Hinduja Global Solutions Ltd.
- eClerx Services Ltd.
- Conneqt Business Solutions Ltd.
- Eureka Outsourcing Solutions Pvt Ltd.
- Teleperformance India Pvt Ltd.
Management Team:
- Mr. Rajnish Omprakash Sarna (Designation: Chairman & Managing Director)
- Mr. Harihara Subramanian Iyer (Whole Time Director)
Objectives of the Issue:
Fresh Issue: (Rs.16.17 cr)
- Setting up of new service unit
- To meet out the Working Capital requirements of the Company.
- To meet out the General Corporate Purposes.
- To meet out the Issue Expenses.
Fund Utilization:
| Particulars | Amount (Rs. in Crores) |
|---|---|
| Setting up of new Service unit | 5.05 cr |
| Working Capital Requirement | 2.75 cr |
| General Corporate Purposes | 3.85 cr |
Financials of the Company:
| (in Crores) | FY 21 | FY 22 | FY 23 | Upto 30th Sept 23 |
|---|---|---|---|---|
| Revenue | 9.61 | 16.86 | 25.90 | 18.15 |
| Net Profit | (-0.11) | 0.77 | 1.60 | 2.13 |
Valuation of Peer Group Companies:
| Company Name | Face Value | EPS | PE Ratio | RoNW | NAV |
|---|---|---|---|---|---|
| Enser Communications Limited | 10 | 2.66 | 26.32 | 0.40% | 6.57 |
| One Point One Solutions Ltd | 2 | 0.47 | 108.08 | 0.16% | 2.78 |
| Hinduja global solutions Ltd | 10 | 62.84 | 16.09 | 0.05% | 839.16 |
IPO Details:
| Details | Info |
|---|---|
| Issue Opens on | 15th March 2024 |
| Issue Closes on | 19th March 2024 |
| Issue Price | Rs.70 |
| Face Value | Rs.10 |
| Minimum Lot | 2000 Shares |
| Minimum Investment | Rs.1,40,000 |
| Issue Constitutes | 26.50 % |
| Issue Size | Rs.16.17 cr |
| Market Cap | Rs. 61.01 cr |
| Listing at | NSE SME |
| Equity Shares Offered (Fresh) | 23,10,000 |
| Equity Shares Prior to the Issue | 64,06,059 |
| Equity Shares after the Issue | 87,16,059 |
Also Read : List of Upcoming IPO’s in India.
Also Read: List of Upcoming SME IPO’s in India.
Important Dates:
| Finalization of Basis of Allotment | on or Before 20th March 2024 |
| Initiation of Refunds | on or Before 21st March 2024 |
| Credit of Equity Shares: | on or Before 21st March 2024 |
| Listing Date: | on or Before 22nd March 2024 |
IPO Valuation Parameters:
| Earnings Per Share (EPS) | Price To Earnings ratio (PE) | Return on Net Worth (RoNW) | Net Asset Value (NAV) |
|---|---|---|---|
| 2.66 | 26.32 | 0.41% | 6.57 |
| Company Contact Info: |
|---|
| Enser Communications Ltd 5th Floor, 501-506, Arihant Aura Turbhe, Navi Mumbai, Sanpada Thane, Thane Maharashtra – 400703, India. Telephone: 0124-4258077 Email: solutions@enser.co.in; Website: www.enser.co.in |
| Registrar to the Issue: |
|---|
| SKYLINE FINANCIAL SERVICES PRIVATE LIMITED D-153 A, 1st Floor, Okhla Industrial Area, Phase – I, New Delhi-110020 Tel No: +91-11-40450193-97; Email: ipo@skylinerta.com Website: www.skylinerta.com |
| Lead Manager to the Issue: |
|---|
| FAST TRACK FINSEC PRIVATE LIMITED Office No. V-116,1st Floor, New Delhi House, 27, Barakhamba Road, New Delhi – 110001 IN Tel No.: +91-11-43029809 Email:vikasverma@ftfinsec.com; investor@ftfinsec.com Website: www.ftfinsec.com |
