Euphoria Infotech India Limited
Euphoria Infotech India Limitedlisted
₹1.15LMin. investment
About Euphoria Infotech India Limited
Issue size
₹9.6Cr
IPO type
SME
Price range
₹96.00 – ₹100
Lot size
1200 shares
Price range₹96.00 – ₹100
IPO type
SME
Lot size1200 shares
Issue size₹9.6Cr
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About Euphoria Infotech India Limited
Incorporated in 2001,Euphoria Infotech (India) Limited is a full-stack IT and ITes solution, based out at Kolkata, West Bengal.The company is engaged in the business of customised 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. 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 customised software to enhance the efficiency and growth of the company. They have become a technology partner to different government and financial organisations including more than 100 municipalities in West Bengal. The Information Technology industry is a continuously evolving technological industry and we endeavour to exploit these technological advances to reach audiences in India and globally to provide growth, efficiency and advancement in the business objectives.
The company's success lies in the strength of their relationship with their clients, expertise in the industry. They are channel partners 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. They have been able to get repeated projects from their clients which includes municipal boards, government agencies and corporates. The team, through their vast experience, efficiency and timely delivery, is able to source new businesses for their Company.
As Euphoria Infotech India Limited gears up for its Initial Public Offering (IPO), the generated proceeds from the Fresh Issue will be strategically allocated to crucial objectives.
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Working Capital requirement; and
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General Corporate Expenses
Here are key details about the Euphoria Infotech India Limited IPO:
Company Name | Euphoria Infotech India Limited | Euphoria Infotech India Limited IPO Opening Date | January 19, 2024 | |
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Company Established On | 2001Euphoria Infotech India Limited IPO Price band | ₹96 to ₹100 per share |
Frequently asked questions
How to invest in the IPO?
Investors can apply for the IPO through their Demat account via the stock exchange or through their broker.
What is the issue size of Euphoria Infotech India Limited ?
The issue size of the Euphoria Infotech India Limited is 9.6 Cr.
What is 'pre-apply' for Euphoria Infotech India Limited ?
Pre-applying for an IPO allows you to submit your application before the official subscription period begins.
Which exchanges will Euphoria Infotech India Limited shares list on?
The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.
Timeline
- Bidding starts19 Jan 2024
- Bidding ends24 Jan 2024
- Allotment finalisation21 Jan 2024
- Release of funds29 Jan 2024
- Demat transfer25 Jan 2024
- Listing30 Jan 2024