Euphoria Infotech (India) Limited is a full-stack IT and IT solution, based out in Kolkata, West Bengal. The Company was started in 2001 by the founder and Managing Director Mr. Shamba Bhanja with a vision to encourage multiple aspects of networking, software design, quality assurance, and internet technology.
Today, They provide high-end IT and IT 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. using standard software practices or through customized software development model depending upon the requirement of the clients which is backed by advanced technology and efficient team of software developers who tend to keep themselves abreast by undergoing continuous R&D activity. Their offerings can be classified into five broad categories namely, customized software, e-commerce, IoT, Artificial Intelligence, and Machine Learning.
Euphoria Infotech (India) 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 systems, Online Ticket Booking Systems, E-commerce, and IoT-based dashboards for Sewerage Treatment plants (STP) and similar industry-specific requirements. They are developing different products for the education domain and citizen-centric services. They provide 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.
Objects of the Issue:
- Working Capital Requirement
- General Corporate Expenses
Euphoria Infotech (India) IPO Review
- Avoid
Euphoria Infotech (India) IPO Date & Price Band Details
| IPO Open: | January 19, 2024 |
| IPO Close: | January 24, 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 |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors in IPO: | Click Here |
Euphoria Infotech (India) IPO Market Lot
The Euphoria Infotech (India) IPO minimum market lot is 1200 shares with a ₹120,000 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 1200 | ₹120,000 |
| Retail Maximum | 1 | 1200 | ₹120,000 |
| S-HNI Minimum | 2 | 2400 | ₹240,000 |
Euphoria Infotech (India) IPO Dates
The Euphoria Infotech (India) IPO date is January 19 and the IPO close date is January 24. The IPO allotment date is January 25 and the IPO might list on January 30.
| IPO Open Date: | January 19, 2024 |
| IPO Close Date: | January 24, 2024 |
| Basis of Allotment: | January 25, 2024 |
| Refunds: | January 29, 2024 |
| Credit to Demat Account: | January 29, 2024 |
| IPO Listing Date: | January 30, 2024 |
You can check IPO subscription status and IPO allotment status on their respective pages.
Euphoria Infotech (India) IPO Form
How to apply Euphoria Infotech (India) IPO? You can apply Euphoria Infotech (India) IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Euphoria Infotech (India) IPO in the Invest section. The other option you can apply Euphoria Infotech (India) IPO via IPO forms download via the BSE website. Check out the Euphoria Infotech (India) forms – click BSE IPO Forms download, fill and submit in your bank or with your broker.
Euphoria Infotech (India) Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2021 | ₹5.56 | ₹5.24 | ₹0.26 |
| 2022 | ₹4.94 | ₹4.64 | ₹0.20 |
| 2023 | ₹7.38 | ₹5.62 | ₹1.30 |
| Sep 2023 | ₹3.66 | ₹2.78 | ₹0.60 |
Euphoria Infotech (India) IPO Valuation – FY2023
Check Euphoria Infotech (India) IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹6.68 per Equity Share |
| Price/Earning P/E Ratio: | NA |
| Return on Net Worth (RoNW): | 31.62% |
| Net Asset Value (NAV): | ₹21.12 per Equity Share |
Peer Group
- Infobeans Technologies Limited
- Xchanging Solutions Limited
Company Promoters
- Mr. Shamba Bhanja
Euphoria Infotech (India) IPO Registrar
Mas Services Limited
Phone: (011) 2610 4142
Email: [email protected]
Website: https://masserv.com/
Euphoria Infotech (India) IPO Allotment Status
Check Euphoria Infotech (India) IPO allotment status on Mas Services website URL. Click Here
Euphoria Infotech (India) IPO Lead Managers aka Merchant Bankers
- Khandwala Securities Limited
Company Address
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
Email: [email protected]
Website: https://www.euphoriainfotech.com/
5 Responses
માસ ફાઇનાન્સિયલ દ્વારા ઉફોરિયા ipo નું ફાળવાની વેબસાઇટ ખૂલતી જ નથી .customers ને mail કે મેસેજ થી જાણ કરેલ નથી. Very poor service. Web side not work .
I have no mail abut allotments or not allotments and my money is till reserved. What’s its maeaning?
Please confirm
not opening mass side i have received allotment mail ,,but not debited from bank account please clearyfi my allotment status.
It will be done next week.
Good