Euphoria Infotech India Limited

Company Profile
Company Name Euphoria Infotech India Limited
Open Date 19-01-2024
Close Date 23-01-2024
Exchange BSE SME
Lot Size 1200 Shares
Issue Price ₹96 to ₹100 per share
Issue Size 9,60,000 shares
Application Amount ₹1,20,000
Recommendation Avoid
Euphoria Infotech (India) Limited was originally incorporated in the year 2001 and had its registered office in Kolkata, West Bengal, India. The company is engaged in the business of customized web application development for industry and general citizens. The company provide high-end IT and ITes solutions in the fields of Citizen-Centric Applications, Enterprise Resource Planning (ERP), E-Commerce, Application programming interface (API), Internet of Things (IoT), cloud-based tools and applications, data management etc. As of 30th November 2023, the Company had 48 employees on its payroll.
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Financial Summary in Lakhs

For the Period Ended Mar-21 Mar-22 Mar-23 Sep-23
Total Assets 709.58 626.71 832.64 966.21
Net Assets 260.56 280.46 410.15 470.64
Total Borrowings 119.69 123.06 155.09 213.22
Total Revenue 556.14 493.88 737.56 365.61
Profit After Tax 26.17 19.90 129.68 60.51

Tentative Timeline

Opening Date 19-01-2024
Closing Date 23-01-2024
Basis of Allotment 24-01-2024
Initiation of Refunds 25-01-2024
Credit of Shares to Demat 25-01-2024
Listing Date 29-01-2024

Objects of the Issue

Working Capital requirement
General Corporate Expenses

Contact Information

Registered Office Euphoria 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

Registrar Details

Name Mas Services Limited
Phone (011) 2610 4142

IPO Reservation

Market Maker Shares Offered 5.00%
QIB Shares Offered 47.50%
NII (HNI) Shares Offered 14.25%
Retail Shares Offered 33.25%
Total Shares Offered 100%

Shareholding Pattern

Share Holding Pre Issue 95.11 %
Share Holding Post Issue 63.64 %

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