Last updated on January 30, 2024
Euphoria Infotech IPO description – Euphoria Infotech (India) is a comprehensive IT and ITes solutions provider, headquartered in Kolkata, West Bengal. Presently, the company delivers sophisticated IT and ITes solutions, specializing in citizen-centric applications, Enterprise Resource Planning (ERP), E-Commerce, Application Programming Interface (API), Internet of Things (IoT), cloud-based tools and applications, as well as data management.
Euphoria Infotech’s offerings fall into five overarching categories: customized software, e-commerce, IoT, Artificial Intelligence, and Machine Learning. It serves as a channel partner for Webel Technologies Limited.
As of 30 November 2023, the company employs a total of 48 individuals across various departments. Core Services provided by Euphoria Infotech:
- University & School Management
- Recruitment Management
- Enterprise Resource Planning (ERP)
- E-Commerce
- Application Programming Interface (API)
- Mobile Apps and Progressive Web App (PWA)
- Transport management
- Citizen-centric portal
- Internet of Things (IoT)
- Artificial Intelligence/ Machine Learning
- Product Building
Promoters of Euphoria Infotech (India) – Mr. Shamba Bhanja, and Mrs. Supriya Gupta
Table of Contents
Euphoria Infotech IPO Details
| Euphoria Infotech IPO Dates | 19 – 24 January 2024 |
| Euphoria Infotech Issue Price | INR 96 – 100 per share |
| Fresh issue | 960,000 shares (INR 9.22 – 9.60 crore) |
| Offer For Sale | NIL |
| Total IPO size | 960,000 shares (INR 9.22 – 9.60 crore) |
| Minimum bid (lot size) | 1,200 shares (INR 120,000) |
| Face Value | INR 10 per share |
| Retail Allocation | 67.89% |
| Listing On | BSE SME |
Euphoria Infotech Financial Performance
| Â | FY 2021 | FY 2022 | FY 2023 | H1 FY 2024 |
| Revenue | 554.81 | 465.16 | 736.73 | 365.48 |
| Expenses | 524.05 | 463.60 | 561.64 | 277.50 |
| Net income | 26.17 | 19.90 | 129.69 | 60.49 |
Euphoria Infotech (India) IPO News
- Euphoria Infotech (India) RHP
- Euphoria Infotech Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
Euphoria Infotech (India) Valuations & Margins
| FY 2021 | FY 2022 | FY 2023 | |
| EPS | 1.35 | 1.02 | 6.68 |
| PE ratio | – | – | 14.37 – 14.97 |
| RONW (%) | 10.04 | 7.10 | 31.62 |
| NAV | 13.42 | 14.44 | 21.12 |
| ROCE (%) | 22.00 | 18.00 | 49.00 |
| EBITDA (%) | 10.78 | 11.01 | 29.16 |
| Debt/Equity | 0.46 | 0.44 | 0.38 |
Euphoria Infotech IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 29 January 2024 | 80 | – | 72,000 |
| 27 January 2024 | 80 | – | 72,000 |
| 26 January 2024 | 80 | – | 72,000 |
| 25 January 2024 | 80 | – | 72,000 |
| 24 January 2024 | 77 | – | 71,500 |
| 23 January 2024 | 77 | – | 71,500 |
| 22 January 2024 | 65 | – | 64,500 |
| 20 January 2024 | 55 | – | 56,000 |
| 19 January 2024 | 45 | – | 39,000 |
| 18 January 2024 | 27 | – | 25,000 |
Euphoria Infotech IPO Subscription – Live Updates
| Category | QIB | NII | Retail | Total |
| Shares Offered | 27,600 | 265,200 | 619,200 | 912,000 |
| 24 Jan 2024 | 413.26 | 281.06 | 426.65 | 383.91 |
| 23 Jan 2024 | 8.74 | 81.51 | 220.96 | 169.36 |
| 19 Jan 2024 | 3.57 | 9.18 | 31.47 | 23.39 |
The market maker reservation portion of 48,000 shares is not included in the above calculations.
Euphoria Infotech IPO Allotment Status
Euphoria Infotech IPO allotment status is now available on Mas Services’ website. Click on Mas Services IPO weblink to get allotment status.
Euphoria Infotech IPO Dates & Listing Performance
| IPO Opening Date | 19 January 2024 |
| IPO Closing Date | 24 January 2024 |
| Finalization of Basis of Allotment | 25 January 2024 |
| Initiation of refunds | 29 January 2024 |
| Transfer of shares to demat accounts | 29 January 2024 |
| IPO Listing Date | 30 January 2024 |
| Opening Price on BSE SME | INR 190 per share (up 90%) |
| Closing Price on BSE SME | INR 182 per share (up 82%) |
Euphoria Infotech Offer Lead Manager
KHANDWALA SECURITIES LIMITED
Vikas Building, Ground Floor, Green Street,
Fort, Mumbai 400 023, Maharashtra, India
Phone:Â +91 22 40767373
Email:Â [email protected]/[email protected]
Website:Â www.kslindia.com
Euphoria Infotech Offer Registrar
MAS SERVICES LIMITED
T-34, 2nd Floor, Okhla Industrial Area,
Phase – II, New Delhi -110 020, Delhi, India
Phone:Â +91 112 638 7281 /82 / 83
Email:Â [email protected]
Website:Â www.masserv.com
Euphoria Infotech Offer Contact Details
EUPHORIA INFOTECH (INDIA) LIMITED
Bengal Eco Intelligent Park, Building,
Tower I, EM-3, Unit 16, 13th Floor, Sector V,
Salt Lake City, Kolkata 700091 West Bengal
Phone: +91 33 4602 1034
E-mail: [email protected]
Website: www.euphoriainfotech.com
IPO FAQs
What is the Euphoria Infotech (India) IPO size?
Euphoria Infotech offer size is INR 9.22 – 9.60 crores.
What is the Euphoria Infotech offer price band?
Euphoria Infotech public offer price is INR 96 – 100 per share.
What is the lot size of the Euphoria Infotech IPO?
Euphoria Infotech offer lot size is 1,200 shares.
What is Euphoria Infotech IPO GMP today?
Euphoria Infotech IPO GMP today is INR 80 per share.
What is the Euphoria Infotech kostak rate today?
Euphoria Infotech kostak rate today is NA per application.
What is Euphoria Infotech Subject to Sauda rate today?
Euphoria Infotech are Subject to the Sauda rate today is INR 72,000 per application.
