Euphoria Infotech IPO subscription is to open on Jan 19, 2024 and will close on Jan 23, 2024, the price band of the Euphoria Infotech IPO is fixed at ₹ 96 – ₹ 100.
Euphoria Infotech (India) Limited is a full-stack IT and ITes solution, based out at Kolkata, West Bengal. The Company was started off in 2001 by founder and Managing Director Mr. Shamba Bhanja with a vision to encourage multiple aspects of networking, software design, quality assurance and internet technology.
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About Euphoria Infotech
Euphoria Infotech (India) Limited is a full-stack IT and ITes solution, based out at Kolkata, West Bengal. The Company was started off in 2001 by founder and Managing Director Mr. Shamba Bhanja with a vision to encourage multiple aspects of networking, software design, quality assurance and internet technology.
Euphoria Infotech offerings can be classified into five broad categories namely, customized software, e-commerce, IoT, Artificial Intelligence and Machine Learning.
Euphoria Infotech is engaged in the business of customized web application development for industry and general citizens. The applications range from Online Recruitment, Online Application, Urban Local Body services, University management system, Online Ticket Booking Systems, E-commerce and IoT-based dashboards for Sewerage Treatment Plant (STP) and similar industry specific requirements. Euphoria Infotech are developing different products for the education domain and citizen-centric services. Euphoria Infotech are providing consultation to different clients from multiple-spectrum to develop, implement and maintain different customized software to enhance the efficiency and growth of the company. Euphoria Infotech has become a technology partner to different government and financial organizations including more than 100 municipalities in West Bengal.
Objects of the Issue
- Working Capital requirement; and
- General Corporate Expenses
Euphoria Infotech Limited Financials:
Summary of financial Information (Restated Consolidated Statement)
| Particulars | For the year ended (₹ in lakh) | ||
| 31-Mar-23 | 31-Mar-22 | 31-Mar-21 | |
| Total Assets | 832.64 | 626.71 | 709.59 |
| Total income | 737.56 | 493.87 | 556.14 |
| Total Expenses | 561.64 | 463.60 | 524.05 |
| Profit After Tax | 129.69 | 19.9 | 26.17 |
Euphoria Infotech IPO Price – Details
| Description | IPO Details |
|---|---|
| Public Issue | Initial Public Issue of upto 9,60,000 Equity Shares of ₹ 10 (aggregating up to ₹ [.] Cr) |
| Issue Open Date | 19-Jan-2024 |
| Issue Close Date | 23-Jan-2024 |
| Issue Type | Book Building |
| IPO Price Band | ₹ 96 – ₹ 100 |
| Face Value | ₹ 10 |
| Market Lot | 1200 Equity Shares and in multiples thereof |
| Minimum Order Quantity | 1200 Equity Shares |
| Maximum Subscription Amount for Retail Investor | Rs. 2,00,000 |
| Listing | BSE SME |
| NSE Symbol | EUPHORIA |
| IPO Market Timings | 10.00 a.m. to 5.00 p.m. |
Euphoria Infotech IPO DRHP & RHP
Euphoria Infotech IPO Lot Size
| Application | Lots | No of Shares | Amount (Rs) |
| Minimum | 1 | 1200 | 120,000 |
| Maximum | 1 | 1200 | 120,000 |
Euphoria Infotech IPO Lead Managers
- Khandwala Securities Limited
Euphoria Infotech IPO Registrar
- MAS Services Limited
Euphoria Infotech IPO Allotment Date, Listing Date and other Important Dates
| Details | IPO Date |
|---|---|
| Bid / Offer Opens on | 19-Jan-2024 |
| Bid / Offer Closes on | 23-Jan-2024 |
| Finalisation of Basis of Allotment | 24-Jan-2024 |
| Initiation of refunds | 25-Jan-2024 |
| Credit of the Equity Shares | 25-Jan-2024 |
| Listing Date | 29-Jan-2024 |
Company Registered Office
Bengal Eco Intelligent Park, Building,
Tower I, EM-3, Unit 16, 13th Floor,
Sector V, Salt Lake City,
Kolkata 700091
West Bengal.
Website: www.euphoriainfotech.com
Company Promoters
- Mr. Shamba Bhanja
- Mrs. Supriya Gupta
Euphoria Infotech IPO – FAQS
When Euphoria Infotech IPO will open?
The Euphoria Infotech IPO opens on Jan 19, 2024 and closes on Jan 23, 2024
What is the lot size of Euphoria Infotech IPO?
The Euphoria Infotech IPO lot size is 1200 Equity Shares and the minimum order quantity is 1200 Equity Shares
Who is the Registrar for Euphoria Infotech IPO?
The Registrar for Euphoria Infotech IPO is MAS Services Limited
How to apply in Euphoria Infotech IPO through UPI?
Check the step by step process here – Click here
How to apply in Euphoria Infotech IPO through Zerodha?
Check the step by step process here – Click here
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