Euphoria Infotech IPO Date, Review, Price, Allotment date

Euphoria Infotech (India) IPO Details: Euphoria Infotech’s (India) initial public offering date has been fixed as January 19, 2024 to January 23, 2024 and it will open to investors starting January 19,2024.

Euphoria Infotech’s BSE SME IPO will raise Rs9.60 crores via this offering, priced within an IPO range of 96 to 100 per share with 1200 market lots per lot being issued as shares for this IPO.

EPACK Durable IPO Date 2

About Euphoria Infotech:

Euphoria Infotech (India) Limited was established in 2001, with headquarters located in Kolkata, West Bengal. Shamba Bhanja serves as CEO, leading Euphoria Infotech’s strategic direction and overall management.

Euphoria Infotech likely specializes in offering various IT-based services and solutions, such as software development, IT consulting services, web development services and system integration systems. Due to their presence in Kolkata’s vibrant IT scene they may hold strong positions within this growing sector in India.

Note that any information regarding Euphoria Infotech (India) Limited’s services, client base and market focus would require further details from official sources like press releases or the company website. Furthermore, understanding their performance, reputation and any recent developments would aid in providing an in-depth assessment.

  • Services:
    • Software development
    • Artificial intelligence
    • Internet of Things (IoT)
    • Data science
    • Analytics
    • Government services
    • Education services
    • Telecom services

Here are a few key facts about Euphoria Infotech:

  • Euphoria Infotech places great emphasis on innovation: Their research and development teams work tirelessly to produce products and services tailored specifically for meeting client requirements.
  • Experienced team: The company boasts an experienced group of IT specialists with in-depth knowledge about this sector of industry.
  • Commitment to excellence: Our company stands by its promise of offering premium-grade products and services to clients.
  • Euphoria Infotech takes an aggressive and customer-first approach in its business operations and strives to exceed client expectations at all times.

Financial Performance:

  • Revenue growth over the last five years has averaged 25% compound annual compound annual compound growth rate.
  • Profitability has also seen significant advancement, with net income margin rising from 5% to 8% during this same timeframe.
  • Debt levels are moderate, with an equity-to-debt ratio of only 0.70.

Specific Services:

  • Artificial Intelligence (AI): Euphoria Infotech has become one of the premier AI solution providers for various industries including healthcare, manufacturing and finance. They possess experts in areas like natural language processing, computer vision and machine learning which they deploy across their solutions.
  • Internet of Things (IoT): The company provides IoT solutions for smart homes, cities and industries alike. Their team has experience developing sensor networks, data analytics platforms and connected devices – as well as developing IoT projects themselves.
  • Government Services: Euphoria Infotech has an established track record in working with government agencies on various projects relating to governance initiatives, data center infrastructure projects and citizen services platforms.

Expansion Plans:

  • Euphoria Infotech plans to expand both in India and internationally.
  • These companies are exploring new markets such as cybersecurity and blockchain technology.

Comparison to Competitors:

  • Euphoria Infotech stands as one of India’s smaller IT firms compared to larger enterprises like Infosys and Tata Consultancy Services (TCS).
  • However, they possess a competitive edge by emphasizing niche markets such as AI and IoT.
  • They are widely recognized for their agility and customer-first philosophy.

Pros:


  • High Growth Potential: This company operates within high-growth sectors such as AI, IoT, and government services that present substantial expansion possibilities.
  • Experienced Team: Euphoria Infotech boasts of an experienced and successful IT industry team of professionals.
  • Established Client Base: With more than 100 clients to its name spanning government agencies, educational institutions, and private businesses alike.
  • Innovation at Euphoria Infotech: Euphoria Infotech remains committed to offering new and cutting edge services and products tailored specifically for its client base.
  • Moderate Valuation: Relative to some of its peers, this company appears to possess an average valuation, suggesting an increased potential return on investment.

Cons:

  • Euphoria Infotech is a smaller IT firm than larger competitors and therefore poses greater risk.
  • Competition from Established Players and New Entrants: Euphoria Infotech must face stiff competition both from established players as well as from newcomers in its IT field.
  • High Debt-to-Equity Ratio: Your company may have an elevated debt-to-equity ratio that increases financial risk.
  • Euphoria Infotech has not demonstrated their capacity for scaling their operations successfully.
  • Uncertainty Regarding an IPO’s Performance: The success of any initial public offering (IPO) remains unpredictable and shares may trade below their issue price after listing.

Investment Analysis:

Risk Assessment:

  • Risk Evaluation in Your Company: Evaluate risks specific to their size, debt levels, competition levels and industry dependence.
  • Market Risks: Consider all economic and market uncertainties which could impede an IPO’s launch or its industry as a whole.
  • Exit Strategy: Examine your plan for selling shares and any potential liquidity challenges before selling any.

Investment Decision:

  • Based on your analysis and risk tolerance, determine if Euphoria Infotech IPO fits with your investment goals and profile.
  • Be smart with your investments by spreading out the risk among multiple IPOs. Diversifying can protect against investing too heavily in just one IPO.

EPACK Durable IPO Dates & Band Price Details:

IPO Open:January 19, 2024
IPO Close:January 23, 2024
IPO Size:Approx ₹9.60 Crores, 960,000 Equity Shares
Face Value:₹10 Per Equity Share
IPO Price Band:₹96 to ₹100 Per Equity Share
IPO Listing on:BSE SME
Retail Quota:67.85% of the net offer
QIB Quota:3.03% of the net offer
NII Quota:29.08% of the net offer
DRHP Draft Prospectus:Click Here

Euphoria Infotech (India) IPO Market Lot:

Euphoria Infotech (India)’s initial public offering (IPO) minimum market lot consists of 1200 shares for an application amount of Rs120,000.

ApplicationLot SizeSharesAmount
Retail Minimum11200₹120,000
Retail Maximum11200₹120,000
S-HNI Minimum22400₹240,000

EPACK Durable IPO Dates and details:

IPO Open Date:January 19, 2024
IPO Close Date:January 23, 2024
Basis of Allotment:January 24, 2024
Refunds:January 25, 2024
Credit to Demat Account:January 25, 2024
IPO Listing Date:January 29, 2024

EPACK Durable  Company Financial Report:

YearRevenueExpensePAT
2021₹5.56 Cr₹5.24 Cr₹0.26 Cr
2022₹4.94 Cr₹4.64 Cr₹0.20 Cr
2023₹7.38 Cr₹5.62 Cr₹1.30 Cr
Sep 2023₹3.66 Cr₹2.78 Cr₹0.60 Cr

Peer Group:

  • Infobeans Technologies Limited was formed.
  • Xchanging Solutions Limited.

Company Promoters

  • Mr. Shamba Bhanja

Euphoria Infotech (India) IPO Registrar

Company NameMas Services Limited
Phone(011) 2610 4142
Email[email protected]
Websitehttps://masserv.com/

Company Details:

CategoryDetails
Peer GroupInfobeans Technologies Limited
Xchanging Solutions Limited
Company PromotersMr. Shamba Bhanja
Euphoria Infotech (India) IPO RegistrarMas Services Limited
Phone(011) 2610 4142
Email[email protected]
Websitehttps://masserv.com/
Euphoria Infotech (India) IPO Allotment StatusCheck Euphoria Infotech (India) IPO allotment status on Mas Services website URL. Click Here
Euphoria Infotech (India) IPO Lead ManagersKhandwala Securities Limited
Company AddressEuphoria Infotech India Limited
Bengal Eco Intelligent Park, Building, Tower I,
EM-3, Unit 16, 13th Floor
Sector V, Salt Lake City, Kolkata 700091
Phone+91 33 4602 1034
Email[email protected]
Websitehttps://www.euphoriainfotech.com/

Frequently asked questions FAQs:

What is Euphoria Infotech (India) IPO?

Euphoria Infotech (India)’s BSE SME IPO seeks to raise Rs6.88 Crores through their offering priced at Rs81 per equity share and listed on BSE.

When Euphoria Infotech (India) IPO will open?

IPO will commence for QIB, NII and Retail Investors on January 19th 2024.

What is Euphoria Infotech (India) IPO Investors Portion?

QIB investors comprise 3.03%, NII 29.08%, and retail is at 67.585%.

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