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Enser Communications Limited IPO

Enser Communications Limited was a SME IPO in the IT Enabled Services sector, offered at ₹70–₹70 per share to raise ₹16 crore. It listed on 22 Mar 2024 at ₹72 and closed its first day at ₹70, a listing gain of +0.1% versus the ₹70 issue price. It now trades around ₹12 (-82.2% versus the issue price).

Frequently asked questions

What were the Enser Communications Limited IPO listing gains?
Enser Communications Limited listed on 22 Mar 2024 at ₹72, closing its first day at ₹70 — a listing gain of +0.1% versus the ₹70 issue price.
What was the price band and lot size of the Enser Communications Limited IPO?
The price band was ₹70–₹70 per share, with a minimum lot of 2,000 shares (₹1,40,000 at the upper band).
Who were the registrar and lead manager for the Enser Communications Limited IPO?
Skyline Financial Services Private Limited was the registrar, and Fast Track Finsec was the book-running lead manager.