Euphoria Infotech India Limited

Offer PeriodJan 19, 2024 – Jan 24, 2024

Jan 19, 2024 – Jan 24, 2024

BSE - SMEListed

Listed Price:

₹190.00

(+90.00%)

Price Band₹96 - ₹100

Lot Size1,200 Shares

Allotment DateJan 25, 2024

Listing DateJan 30, 2024

Subscription364.71 Times

Issue Size₹9.60 Cr

Check Allotment

Share IPO Trend

IPO Details

Subscription

Lot Distribution

Reservation

Company Fin.

₹85
(85.00%)

Premium (ELP)

The public market debut of Euphoria Infotech India Limited's was completed on Jan 30, 2024 with its listing on the BSE exchange. The IPO process raised 9,60,000 Shares in total capital, consisting of 9,60,000 Shares in new equity.

The offering featured a price range of ₹96 to ₹100 and minimum application size of 1200 shares. Investor response during the subscription period from Jan 19, 2024 to Jan 24, 2024 influenced the final allotment ratios across investor categories.

Final allotment was announced on Jan 25, 2024, distributing shares to successful subscribers. The listing established a continuous market for the company's shares, enabling liquidity, valuation transparency, and broader investor participation.

Euphoria Infotech IPO Details

IPO Date

Jan 19, 2024 to Jan 24, 2024

Allotment Date

Jan 25, 2024

List Date

Jan 30, 2024

Lot Size

1,200 share

Issue Price

₹96 - ₹100

Issue Size

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

Fresh Issue

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

Offer For Sale

Listing At

BSE

Share Holding Pre-Issue

19,41,860

Share Holding Post-Issue

29,01,860

Market Marker Portion

48,000

First time applying for an IPO? Read our guide on How to Apply for an IPO & Bidding Timings.

Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

Category	Lot(s)	Qty	Amount

Category	Lot(s)	Qty	Amount
Retail (Min)	1	1200	1,20,000
HNI	2	2400	2,40,000

IPO Reservation

Shares10,08,000

Retail

61.43%(6,19,200)

NII(HNI)

31.07%(3,13,200)

QIB

2.74%(27,600)

Market Maker

4.76%(48,000)

Total

100.00%(10,08,000)

Euphoria Infotech IPO Key Performance Indicators

Learn About IPO KPIs →

KPI	Values

KPI	Values
EPS	0
ROE	38
ROCE	49
RONW	31.62
PRE IPO(PE)	0
POST IPO(PE)	0

Want to understand how to evaluate these metrics? Read our guide on IPO Key Performance Indicators (KPIs).

Company Financials (in ₹ Lakhs)

Period Ended	Sep-23	Mar-23	Mar-22	Mar-21

Period Ended	Sep-23	Mar-23	Mar-22	Mar-21
Assets	966.21	832.64	626.71	709.59
Revenue	365.61	737.56	493.87	556.14
Net Worth	470.64	410.15	280.46	260.56
profit After Tax	60.49	129.69	19.90	26.17
Reserves And Surpluse	276.45	215.96	279.17	259.27
Total Borrowing	213.22	155.09	123.06	119.69

Euphoria Infotech IPO About Company

Incorporated in May 2001, Euphoria Infotech India Limited is a Kolkata-based full-stack IT and ITES solutions provider specializing in ERP, e-commerce, IoT, cloud-based tools, and data management. The company's offerings span five key categories: customized software, e-commerce, IoT, artificial intelligence, and machine learning, catering to applications such as online recruitment, urban local body services, university management systems, ticket booking, and industry-specific IoT solutions. For fiscal years 2021, 2022, and 2023, the company reported revenues of ₹556.14 Lakhs, ₹493.87 Lakhs, and ₹737.56 Lakhs, respectively, with corresponding Profit after Tax of ₹23.91 Lakhs, ₹21.71 Lakhs, and ₹129.71 Lakhs. As of May 31, 2023, Euphoria Infotech employs 29 personnel across various departments and has 16 contracted IT professionals dedicated to software development and project execution.

Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."

✅Euphoria Infotech IPO Strength Factors

⚠️Euphoria Infotech IPO Risk Factors

🏦Euphoria Infotech IPO Lead Manager(s)

Khandwala Securities Limited

👤Euphoria Infotech IPO Promoter(s)

Mr Shamba Bhanja
Mr Priyabrata Seal

🏢Euphoria Infotech IPO Company Details

Euphoria Infotech India Limited

Email:cs@euphoriainfotech.com

Phone:+91 33 4602 1034

Website:https://www.euphoriainfotech.com/

address:Bengal Eco Intelligent Park, Building, Tower I, EM-3, Unit 16, 13th Floor Sector V, Salt Lake City, Kolkata 700091

📋Euphoria Infotech IPO Registrar

Mas Services Limited

Name:Mas Services Limited

Phone:(011) 2610 4142

Email:info@masserv.com

Website:https://masserv.com/

❓Euphoria Infotech IPO FAQs

Euphoria Infotech IPO is a main-board IPO of 9,60,000 equity shares of the face value of ₹10 Per Equity Share aggregating up to ₹0.00 crore shares. The issue is priced at ₹96 - ₹100 per share. The minimum order quantity is .The IPO opens on Jan 19, 2024, and closes on Jan 24, 2024. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE.

Zerodha customers can apply online in Euphoria Infotech IPO using UPI as a payment gateway. Zerodha customers can apply in Euphoria Infotech IPO by login into Zerodha Console (back office) and submitting an IPO application form. Steps to apply in Euphoria Infotech IPO through Zerodha (1) Visit the Zerodha website and login to Console. (2) Go to Portfolio and click the IPOs link. (3) Go to the 'Euphoria Infotech IPO' row and click the 'Bid' button. (4) Enter your UPI ID, Quantity, and Price. (5) Submit IPO application form. (6) Visit the UPI App (net banking or BHIM) to approve the mandate. Visit Zerodha IPO Application Process Review for more detail.

The Euphoria Infotech IPO opens on Jan 19, 2024 and closes on Jan 24, 2024.

You can apply in Euphoria Infotech IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

The finalization of Basis of Allotment for Euphoria Infotech IPO will be done on Jan 25, 2024, and the allotted shares will be credited to your demat account by Jan 25, 2024

Euphoria Infotech IPO's listing date is Jan 30, 2024.

Euphoria Infotech India Limited

IPO Details

Subscription

Lot Distribution

Reservation

Company Fin.

₹85(85.00%)

Premium (ELP)

₹85
(85.00%)