Enser Communications IPO

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Enser Communications, launched in May 2008, is a leader in the Business Process Management (BPM) sector, focusing on enhancing communication services. The company excels in call centers, outsourcing, database management, and the sale and maintenance of software and hardware, among other areas.

Core Business and Services:

Enser provides diverse services such as trading and marketing communication equipment, networking, mobile services, computer programming, data processing, business outsourcing, e-commerce, website development, and MIS setup. It also focuses on customer contract development, product training, certification, and educational services.

Services Offered

Enser Communications provides four key services within its BPM business:

1. Customer Acquisition Services: Focused on expanding the customer base for clients through strategic acquisition initiatives.

2. Customer Services: Dedicated to maintaining and enhancing customer relationships through superior service and support.

3. IT Infrastructure Management Services: Offering comprehensive solutions for managing clients’ IT infrastructure, ensuring efficiency and security.

4. Data Management Services: Specializing in the management, security, and analysis of data to add value to clients’ businesses and improve productivity.

Industry Focus and Clientele

Enser’s primary focus encompasses industries such as Insurance, E-commerce, Edtech, Hospitality, and Travel, among others. The company prides itself on delivering tailor-made solutions to meet the unique requirements of its valued clients. Notable clients in Enser’s portfolio include innovative insurance companies like Acko General Insurance, Reliance Nippon, Ola Financial Services, and new-age companies such as India lends, Doubtnut, Cordellia Cruises, Mahindra Holidays, amongst others.

Objects of the Enser Communications IPO:

The Issue Proceeds from the Fresh Issue will be utilized towards the following objects: 1. Setting up of new Service unit 2. Working Capital Requirement and General Corporate Purposes

Enser Communications IPO Details:

Open Date: Mar 15 2024
Close Date: Mar 19 2024
Total Shares: 2,310,000
Face Value: ₹ 10 Per Equity Share
Issue Type: Fixed Price Issue
Issue Size: 16.17 Cr.
Lot Size: 2000 Shares
Issue Price: ₹ 70 Per Equity Share
Listing At: NSE Emerge
Listing Date: Sep 22 2025

Promoters And Management:

1. Mr. Rajnish Omprakash Sarna aged 60 years, Managing Director and the Founder of the Company. He has been appointed as Managing Director of the Company for 5 years w.e.f. 12/09/2023. He holds a degree of Bachelor of Commerce from University of Bombay. He holds a certificate in Customer Relationship Management from Indian Institute of Management, Bangalore and Certificate in Improving your business through a Culture of Health from Harvard Business School. 2. Mr. Harihara Subramanian Iyer, aged 45 years, is the Director of the Company. He has been appointed as Whole time Director on 12/09/2023. He holds a Degree in Bachelor of Commerce from University of Bombay. He has over 23+ years of rich and varied experience in conceiving and setting up first of-its kind path breaking Information Technology/Information Technology Enabled projects. 3. Mrs. Gayatri Sarna, graduated with a Bachelor of Arts from University of Bombay, Diploma in Business Administration from Welingkar Institute of Management. She heads the HR Functions entailing Planning & Talent Acquisition HR Policies & Procedures Performance Management. Mrs. Gayatri Sarna, having wide experience of around 26 years, has worked with organization like GTL Limited managing the full life cycle of HR Operations in 23+ states Pan India Manpower.

Financials of Enser Communications IPO:

Particular (In Lakh) Mar-21 Mar-22 Mar-23 6MFY24
Revenue from Operations 924 1,660 2,541 1,809
Equipment and IT Services Expenses 134 156 168 66
Employee Cost 642 1124 1624 972
Other Expenses 119 191 492 429
EBITDA 29 189 257 342
EBIDTA Margin 3.14% 11.39% 10.11% 18.91%
Other income 37 26 50 7
Depreciation 31 31 28 17
Interest 64 48 60 50
Profit before tax -29 135 220 282
Tax -18 57 60 69
Net profit -11 78 160 214
NPM (%) -1.14% 4.63% 6.18% 11.78%

Comparison With Peers:

Name of the Companies Revenue (Cr) Profit (Cr) EPS P/E CMP MCap (Cr)
Enser Communications Limited 25 1.6 1.83 38 70 61
One Point One Solutions Ltd. 140 9 0.47 55 50 973
Hinduja global solutions Ltd. 4,505 334 63.2 55.5 790 3,675
eClerx Services Ltd. 2648 489 99.7 23 2426 11893
All the Data is as per 2023

Recommendation on Enser Communications IPO:

(To Be Updated)

Lead Manager of Enser Communications IPO:

  1. Fast Track Finsec Private Limited

Registrar of Enser Communications IPO:

  1. Skyline Financial Services Private Ltd

Discussion on Enser Communications IPO:

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