How To Check Enfuse Solutions IPO Allotment Status

Enfuse Solutions will finalize its share allotment today. Investors can seamlessly navigate this process through the official website of Bigshare Services, the registrar overseeing the IPO process for Enfuse Solutions.

Checking IPO Allotment Status on Registrar's Website

To check the allotment status of Enfuse Solutions’ IPO, investors are advised to follow the following steps:

  1. Visit the IPO Allotment Status page on the Bigshare Services website.
  2. Select the relevant IPO from the dropdown menu provided.
  3. Input your PAN number and hit ‘Submit’ to view your allotment status.

See also: How To Check KP Green Engineering IPO Allotment Status

Enfuse Solutions’ GMP and IPO Details

Against the backdrop of a buoyant unlisted market, Enfuse Solutions has emerged with a Grey Market Premium (GMP) of ₹40. With the IPO priced at ₹96, the company gears up for its tentative listing date on March 22. The IPO, an entirely fresh equity issue comprising 23.37 lakh shares, closed with a staggering subscription rate of 300 times, reflecting robust investor confidence.

Enfuse Solutions will use the proceeds from its public offering to address three critical areas: repaying debt, strengthening working capital, and supporting broad-based corporate initiatives. This influx of funds will accelerate the company’s growth across its diverse operations, including data management and analytics, e-commerce and digital services, and the expanding fields of machine learning, AI, and edtech solutions.

About Enfuse Solutions: Founded in 2017, Enfuse Solutions Limited delivers integrated digital solutions across data management and analytics, e-commerce and digital services, machine learning and artificial intelligence, as well as education and technology solutions.

It operates primarily in four domains: analyzing data to support decision-making, developing and optimizing online platforms, creating innovative solutions in machine learning and AI, and enhancing educational experiences through technology. With two delivery centres located in Thane and Vikroli, Mumbai, Maharashtra, the company earns revenue through its services in India and by exporting to the US, Ireland, the Netherlands, and Canada.

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