Enfuse Solutions Limited

Provides digital solutions, data management, AI/ML, CRO, EdTech, e-commerce, proctoring, and managed services.

2017 | Dahisar West, Maharashtra (India) | Active
Last Updated: May 09, 2024

Enfuse Solutions Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 8.85 Cr
  • Company Age 7 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 6.22 Cr
  • Revenue Growth 2.10%
  • Profit Growth 49.44%
  • Ebitda 48.08%
  • Net Worth 84.39%
  • Total Assets 32.12%

About Enfuse Solutions

Enfuse Solutions Limited (ESL) is a registered startup operating as a Public Limited Indian Non-Government Company incorporated in India on 10 February 2017 (Seven years and 11 months 20 days old ). Its registered office is in Dahisar West, Maharashtra, India.

The Company is engaged in the Information Technology Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 8.85 Cr.

The company currently has active open charges totaling ₹6.22 Cr.

The Key Managerial Personnel (KMP) at Enfuse Solutions Limited India are Mohammedk Shaikh as CFO and Shubhra Maheshwari as Company Secretary. Mohammedk Shaikh, Imran Ansari, Indraneel Basu, and Five other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U74999MH2017PLC291076

  • Company No.

    291076

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    10 Feb 2017

  • Date of AGM

    28 Aug 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Information Technology

What products or services does Enfuse Solutions Limited offer?

Enfuse Solutions Limited offers a wide range of products and services, including Security & Inspection Devices, Security Tag, Business Planning and Management, Business Consultant.

Who are the key members and board of directors at Enfuse Solutions?

Executive Team (3)

NameDesignationAppointment DateStatus
Imran Ansari Country flag representing In Managing Director18-Sep-2019Current
Mohammedk Shaikh CFOCurrent
Shubhra Maheshwari Country flag representing In Company SecretaryCurrent

Board Members (6)

NameDesignationAppointment DateStatus
Sanjay Kakra Country flag representing In Director 30-Dec-2023Current
Indraneel Basu Country flag representing In Director Current
Farheen Ansari Country flag representing In Director Current
Rahul Gandhi Country flag representing In Whole-Time Director 10-Feb-2017Current
Zaynulabedin Mira Country flag representing In Whole-Time Director 10-Feb-2017Current
Gaurav Maheshwari Country flag representing In Director Current

Financial Performance of Enfuse Solutions.

Enfuse Solutions Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 2.1% increase. The company also saw a substantial improvement in profitability, with a 49.44% increase in profit. The company's net worth Soared by an impressive increase of 84.39%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
2.10%
Revenue from Operations
2.18%
Total Assets
32.12%
Profit or Loss
49.44%
Net Worth
84.39%
EBITDA
48.08%

What is the Ownership and Shareholding Structure of Enfuse Solutions?

In 2023, Enfuse Solutions had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹6.22 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Bank Of India : 2.59 Cr
  • Others : 1.52 Cr
  • Hdfc Bank Limited : 1.20 Cr
  • Tata Capital Housing Finance Limited : 0.91 Cr

Latest Charge Details

DateLenderAmountStatus
17 Oct 2023Hdfc Bank Limited₹1.20 CrOpen
20 Jun 2023Bank Of India₹1.18 CrOpen
02 Jun 2023Bank Of India₹1.41 CrOpen
01 Jun 2021Tata Capital Housing Finance Limited₹9.10 MOpen
07 May 2021Others₹1.05 CrOpen

How Many Employees Work at Enfuse Solutions?

Unlock and access historical data on people associated with Enfuse Solutions, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Enfuse Solutions, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Enfuse Solutions's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Enfuse Solutions

Recent activity within the organization

  • Director Appointment

    Sanjay Kakra was appointed as a Director was appointed as a Director on 30 Dec 2023 & has been associated with this company since 1 year 1 month .

    30 Dec 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.20 Cr with Charge ID 100826383 was registered on 17 Oct 2023.

    17 Oct 2023

  • Annual General Meeting

    Enfuse Solutions Limited last Annual general meeting of members was held on 28 Aug 2023 as per latest MCA records.

    28 Aug 2023

  • Charges

    A charge with Bank Of India amounted to Rs. 1.18 Cr with Charge ID 100740896 was registered on 20 Jun 2023.

    20 Jun 2023

  • Charges

    A charge with Bank Of India amounted to Rs. 1.41 Cr with Charge ID 100742068 was registered on 02 Jun 2023.

    02 Jun 2023

  • Balance Sheet

    Enfuse Solutions Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

Recent News, Updates & Announcement

  • News icon
    Enfuse Solutions IPO Allotment Today: Check Status on Bigshare Services, Refunds Begin Soon, Listing on NSE SME This Friday!.

    Enfuse Solutions IPO allotment is today! Check your status on Bigshare Services Pvt Ltd's website. If you didn't get shares, don't worry, refund process starts soon. Shares will be credited to demat accounts on Thursday. Listing on NSE SME on Friday. Grey market premium at +43, estimated listing price at ₹139. GMP rising, ranges from ₹0-₹80. Be careful and consult experts before investing. Exciting news! Mint is on WhatsApp Channels 🚀 Subscribe for financial insights!.

    20 Mar 2024 mint

  • News icon
    Enfuse Solutions Limited IPO To Open On 15th March, Sets Price Band At Rs 91 to Rs 96 Per Share.

    New Delhi (India), March 15: Established in 2017, Enfuse Solutions Limited specializes in offering comprehensive digital solutions across various domains including E-commerce, Digital Services, Machine Learning/Artificial Intelligence, Education Technology, and Data Management & Analytics. The company is poised for its initial public offering (IPO), with plans to raise INR 22.44 crores through the issuance of 23.38 lakh new shares.For its SME Initial Public Offering (IPO), Enfuse Solutions Limited has established a price band of Rs 91 to Rs 96 per share. The company’s shares will open for subscription on March 15, 2024 and closes on March 19, 2024. These will be listed on the NSE Emerge, with a projected listing date of Friday, March 22, 2024Hem Securities Limited is the book running lead manager of Enfuse Solutions Ltd IPO, while Bigshare Services Pvt Ltd is the registrar for the issue.The issue proceeds will be utilized in repayment of certain Borrowings availed by the Company, to meet working capital requirements and general corporate purposes.On Wednesday, March 20, 2024, the shares for the Enfuse Solutions IPO are anticipated to be allotted, and on Thursday, March 21, 2024, the shares will be credited to the demat account of the allottees. The IPO comprises 50% of the net issue for QIB, 35% for retail investors and 15% of the net issue for the NII segment.Retail investors need to contribute a minimum of Rs 1.152 lakh considering the minimum lot size for an application is 1200 shares. For HNIs, the minimum bidding size is two lots, or 2400 shares, for a total investment of Rs 2.304 lakh at the upper price band.Enfuse Solutions Limited’s revenue increased by a CAGR of 23.15% and profit after tax (PAT) rose by 37.23% % during the period FY 2021-23. Revenue as on 31st December 2023 was Rs. 28.03 Crs. with a PAT of Rs. 3.22 Crs. at 11.51% margin.Enfuse Solutions Limited is active in four key areas: Data Management & Analytics, E-commerce & Digital Services, Machine Learning & Artificial Intelligence, and Education Technology and Solutions. The company’s primary offerings encompass a suite of innovative solutions, such as AI-driven auto proctoring to identify anomalies during assessments, advanced tagging and labelling for pattern recognition and predictive analytics, comprehensive e-commerce platform management including product listing and payment gateway integration, and sophisticated data analytics to reveal trends and inform strategic decisions.The Company has two delivery centres, one in Mira Road, Thane, Maharashtra and the second unit in Vikroli, Mumbai, Maharashtra. The Company generates revenue from domestic operations in India and exports services to countries like the USA, Ireland, Netherlands, Canada etc. During the financial year ended FY 2023 the company generated 83.47% of Revenue from exports.As of December 31, 2023, the Company has employed a total of 448 individuals at various levels of the organization, including key members.If you have any objection to this press release content, kindly contact [email protected] to notify us. We will respond and rectify the situation in the next 24 hours.Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor.

    15 Mar 2024 Lokmat News

  • News icon
    Enfuse Solutions IPO: Price band, issue size, GMP, key details to know | Mint.

    Enfuse Solutions IPO price band set at ₹91-96 per share, subscription opens on March 15 and closes on March 19, lot size of 1,200 shares. The IPO worth ₹22.44 crore with fresh issue of 23,37,600 equity shares, proceeds for general corporate purposes, working capital needs, and loan repayment..

    11 Mar 2024 mint

  • News icon

Frequently asked questions

  • Enfuse Solutions Limited was incorporated on 10 Feb 2017.

  • The authorized share capital of Enfuse Solutions Limited is ₹ 10.00 Cr and paid-up capital is ₹ 8.85 Cr.

  • Currently 10 directors are associated with Enfuse Solutions Limited.

    • Mohammedk Lalmohammed Shaikh
    • Shubhra Rahul Maheshwari
    • Mohammedk Lalmohammed Shaikh
    • Imran Yasin Ansari
    • Indraneel Basu
    • Farheen Imran Ansari
    • Rahul Mahendra Gandhi
    • Sanjay Kakra
    • Zaynulabedin Mohmadbhai Mira
    • Gaurav Maheshwari
  • As per Ministry of Corporate Affairs (Mca), the registered address of Enfuse Solutions Limited is A-1503Bonaventurebldgno5 Rangnath Kesar Road, Dahisar West, Maharashtra, India, 400068.

  • The corporate identification number (CIN) of Enfuse Solutions Limited is U74999MH2017PLC291076 and the company number is 291076 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Enfuse Solutions Limited is https://www.enfuse-solutions.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Enfuse Solutions Limited has risen by 2.10%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Enfuse Solutions Limited has experienced an upsurge of 84.39%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Enfuse Solutions Limited amount to ₹ 6.22 Cr.

  • The most recent Balance Sheet for Enfuse Solutions Limited was filed with the ROC on 31 Mar 2023.

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