Euphoria Infotech (India) Limited IPO

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i. 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.

ii. They are developing different products for the education domain and citizen-centric services. They 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. They have become a technology partner to different government and financial organizations including more than 100 municipalities in West Bengal.

iii. Their objective lies in the development and maintenance of software solutions for enterprises in various sectors such as Ecommerce, Education, Fintech, Healthcare, IoT, and other industries to enable ease of doing business and customer-centric solutions

iv. The Information Technology industry is a continuously evolving technological industry and it endeavour to exploit these technological advances to reach audiences in India and globally to provide growth, efficiency and advancement in the business objectives.

v.Euphoria Infotech is channel partner of Webel Technologies Limited. Webel Technologies Limited is the nodal agency for implementation of ITes in the departments and organisations of the Govt. of West Bengal and floats tenders on behalf of departments and organisations of the Govt. of West Bengal.

Company’s Domain 

  •  University & School Management – Students Life-Cycle Management, University & School Management System, Centralised Admission Programme
  • Recruitment Management – Government Recruitment and Exam Management
  • Enterprise Resource Planning (ERP)
  • E-Commerce
  • Transport management – Online Ticketing System and Fleet Management System
  • Citizen-Centric Portal
  • Internet of Things (IoT)
  • Artificial Intelligence and Machine Learning
  •  Agent Banking

Competitive Strengths

i. Experienced Promoter and Qualified Senior Management Team
ii. Scalable Business Model
iii. Agile engineering and delivery

Objects of the Euphoria Infotech (India) Limited IPO:

The Company intends to utilize the Net Fresh Issue Proceeds for the following Objects (“Objects of the Issue”): 1) Working Capital requirement; and 2) General Corporate Expenses

Euphoria Infotech (India) Limited IPO Details:

Promoters And Management:

Mr. Shamba Bhanja, aged 52 years, is Promoter and Managing Director of the Company. He is the Founder of Euphoria Infotech (India) Private Limited. He holds a Master degree in Science from the University of Calcutta. He has extensive knowledge and experience in the field on software, IT and ITes of over two decades. He has expertise in the domain of telecom, education, government services, Internet of Things (IoT), Transport Management, Production and Supply Chain Management. The is the key behind the success of the Company at the present level. He is responsible for overall strategic planning, growth initiatives and execution of projects at the Company. Mr. Bappaditya Dasgupta, aged 48 years is a Wholetime Director of the company. He holds a graduate degree in Physics from University of Calcutta. He has over two decades of experience in Software development, process delivery, quality control and data analytics. He plays a key role in the execution of projects and day to day operations of the Company. Mr. Priyabrata Seal, aged 47 years, is a Wholetime Director of the Company. He is a holds a Masters degree in Multimedia Development from University of Jadavpur. He is having about 20 years of experience in the areas of project management, system architecture and account management. He plays a key role in the execution of projects and day to day operations.

Financials of Euphoria Infotech (India) Limited IPO:

To be updated shortly

Comparison With Peers:

To be updated shortly

Recommendation on Euphoria Infotech (India) Limited IPO:

To be updated shortly

Registrar of Euphoria Infotech (India) Limited IPO:

  1. MAS Services limted

Company Address:

Bengal Eco Intelligent Park, Building, Tower I, EM-3, Unit 16, 13th Floor, Sector V, Salt Lake City, Kolkata 700091 West Bengal

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