EMS Limited
Mainboard₹14,770 / 70 Shares
EMS Limited IPO Details
The EMS Limited IPO price band is set between ₹200-211 per equity share, with a face value of ₹10 per share. The issue is managed by Kfin Technologies Limited, and the equity shares are proposed to be listed on the Mainboard.
The IPO date for subscription opens on 8 Sep, 2023 and closes on 12 Sep, 2023. Investors can check the allotment status on 15 Sep, 2023, while the listing date is tentatively scheduled for 21 Sep, 2023.
The total issue size is Total ₹320.73 Cr :#Fresh Issue : 6,906,161 shares, aggregating up to ₹145.72 Cr. Stay tuned for the latest EMS Limited IPO review and GMP updates.
EMS Limited IPO Review, Rating & Analysis
EMS Limited IPO Review
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EMS Limited IPO Highlights
IPO Date
Sep 8, 2023 - Sep 12, 2023
Listing Date
21 Sep, 2023
Face Value
₹10 Per Equity Share
Price Band
₹200-211 per equity share
Lot Size
70 Shares
Fresh Issue
6,906,161 Shares
Offer for Sale
8,294,118 shares of ₹10
Listing At
BSE, NSE
EMS Limited IPO Lot Size
The minimum market lot for EMS Limited IPO is 70 shares with an application amount of ₹14,770. Retail investors can apply for up to 13 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 70 | ₹14,770 |
| Retail (Max) | 13 | 910 | ₹1,92,010 |
| S-HNI (Min) | 14 | 980 | ₹2,06,780 |
| S-HNI (Max) | 67 | 4690 | ₹9,89,590 |
| B-HNI (Min) | 68 | 4760 | ₹10,04,360 |
EMS Limited IPO Timeline
Issue Price
₹200-211 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE, NSERegistrar
Kfin Technologies LimitedLead Manager
Khambatta Securities LimitedIssue Size
Total ₹320.73 Cr :#Fresh Issue : 6,906,161 shares(aggregating up to ₹145.72 Cr) +
#OFS : 8,294,118 shares of ₹10(aggregating up to ₹175.01 Cr)
EMS Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Mar 23 | 641.41 | 543.28 | 108.85 | - | - | - |
| 31 Mar 22 | 502.55 | 363.10 | 78.93 | - | - | - |
| 31 Mar 21 | 378.31 | 336.18 | 71.91 | - | - | - |
All values are in ₹ Cr.
Promoters & Share Holding
Promoter(s) Name
- Mr. Ramveer Singh
- Mr. Ashish Tomar
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 96.71% | 69.73% |
About Company
EMS Limited previously known as EMS Infracon, is engaged in the business of providing water and wastewater collection, treatment, and disposal services.
The company provides Sewerage solutions, Water Supply Systems, Water and Waste Treatment Plants, Electrical Transmission and Distribution, Road and Allied works, operation and maintenance of Wastewater Scheme Projects (WWSPs) and Water Supply Scheme Projects (WSSPs) for government authorities/bodies. WWSPs include Sewage Treatment Plants (STPs) along with Sewage Network Schemes and Common Effluent Treatment Plants (CETPs) and WSSPs include Water Treatment Plants (WTPs) along with pumping stations and laying of pipelines for the supply of water.
EMS Limited employs over 57 engineers, supported by third-party consultants and industry experts.
As on March 24, 2023, EMS is operating and maintaining 13 projects including WWSPs, WSSPs, STPs & HAM aggregating Rs. 1,38,909.00 lakhs & 5 O&M projects aggregating to Rs. 9,928.00 lakhs i.e. unbilled amount as of February 28, 2023, spread across five states.
EMS Limited IPO Subscription Details
| As on | QIB | NII bNII sNII | Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 3,044,985 | 2,283,739 1,522,493 761,246 | 5,328,724 | 10,657,448 |
Day 1 -08-09-23 05:00 PM | 0.09 x | 6.00 4.78 x 8.43 x | 4.82 x | 3.77 x |
Day 2 -11-09-23 05:00 PM | 0.67 x | 29.73 25.22 x 38.74 x | 16.62 x | 15.05 x |
Day 3 -12-09-23 05:00 PM | 153.02 x | 82.32 81.12 x 84.73 x | 29.79 x | 75.28 x |
Frequently Asked Questions about EMS Limited IPO
When will EMS Limited IPO open for subscription?
The EMS Limited IPO opens on 8 Sep, 2023 and closes on 12 Sep, 2023.
What is the investors portion for EMS Limited IPO?
The investors' portion for QIB is 153.02 x, NII is 81.12 x, and Retail is 29.79 x.
How to apply for EMS Limited IPO?
You can apply for EMS Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of EMS Limited IPO?
The issue size of EMS Limited IPO is approx ₹Total ₹320.73 Cr :#Fresh Issue : 6,906,161 shares(aggregating up to ₹145.72 Cr) +#OFS : 8,294,118 shares of ₹10(aggregating up to ₹175.01 Cr) crores.
What is the price band of EMS Limited IPO?
The price band for EMS Limited IPO is ₹200 to ₹211 per equity share.
What is the lot size of EMS Limited IPO?
The minimum bid (lot size) for EMS Limited IPO is N/A shares with an investment of approx ₹14,770 .
What is the allotment date of EMS Limited IPO?
The allotment date for EMS Limited IPO is 15 Sep, 2023.
What is the listing date of EMS Limited IPO?
The listing date for EMS Limited IPO is expected to be 21 Sep, 2023.
What is the GMP of EMS Limited IPO?
The latest Grey Market Premium (GMP) for EMS Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.