About Euphoria Infotech India Limited
Euphoria Infotech India Limited is launching its IPO. The IPO opens for subscription on 19th January 2024 and will close on 23rd January 2024.
Disclaimer: This stock will trade with a lot size of 1200 shares in the SME segment on listing.
What does Euphoria Infotech India Limited do?
Incorporated in 2001, Euphoria Infotech India Limited is a Kolkata-based full-stack IT and ITes solutions company providing high-end IT and ITes solutions in the field of ERP, E-Commerce, Application programming interface (API), Internet of Things (IoT), cloud-based tools and applications.
The company’s offerings can be classified into five broad categories: customized software, e-commerce, IoT, Artificial Intelligence, and Machine Learning.
The Company 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 now technology partners to different government and financial organizations including more than 100 municipalities in West Bengal.
Schedule of Euphoria Infotech India Limited IPO
| Issue Period | 19th January to 24th January 2024 |
| Deadline for accepting UPI mandate | Until 5 PM on the issue closing day |
| Finalization of Allotment | January 25, 2024 |
| Initiation of Refunds | January 29, 2024 |
| Credit of Shares | January 29, 2024 |
| Date of Listing | January 30, 2024 |
| Mandate end date | February 07, 2024 |
| Anchor Investors Lock-In End Date (50% of the investment) | February 24, 2024 |
| Anchor Investors Lock-In End Date (Remaining investment) | April 24, 2024 |
Note: Given that the above schedule is tentative, it should be noted that the anchor lock-in period ends 30 days after the actual allotment date for 50% of the shares, and 90 days after for the remaining portion.
How to apply to the Euphoria Infotech India Limited IPO?
You can apply for the Euphoria Infotech India Limited IPO using any supported UPI app by following two steps:
- Enter your bid on Kite
- Accept the UPI mandate on your phone
On acceptance of the mandate, the bid amount will get blocked in your bank account. Click here to learn more.
How to check the allotment status for the Euphoria Infotech India Limited IPO?
You can check the allotment status for the Euphoria Infotech India Limited IPO on the website of the Registrar and Transfer agent.