eMudhra Limited IPO
Mainboard₹14,848 / 58 Shares
eMudhra Limited IPO Details
The eMudhra Limited IPO price band is set between ₹243-256 per equity share, with a face value of ₹5 per share. The issue is managed by Link Intime India Private Limited, and the equity shares are proposed to be listed on the Mainboard.
The IPO date for subscription opens on 20 May, 2022 and closes on 24 May, 2022. Investors can check the allotment status on 27 May, 2022, while the listing date is tentatively scheduled for 1 Jun, 2022.
The total issue size is Total ₹412.79 Crores Approx : Fresh Issue: ₹161 Crores + Offer for Sale : 9,835,394 Shares, aggregating up to . Stay tuned for the latest eMudhra Limited IPO review and GMP updates.
eMudhra Limited IPO Review, Rating & Analysis
eMudhra Limited IPO Review
NO REVIEWeMudhra Limited IPO Rating
eMudhra Limited IPO Highlights
IPO Date
May 20, 2022 - May 24, 2022
Listing Date
1 Jun, 2022
Face Value
₹5 Per Equity Share
Price Band
₹243-256 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE, NSE
eMudhra Limited IPO Lot Size
The minimum market lot for eMudhra Limited IPO is 58 shares with an application amount of ₹14,848. 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 | 58 | ₹14,848 |
| Retail (Max) | 13 | 754 | ₹1,93,024 |
| S-HNI (Min) | 14 | 812 | ₹2,07,872 |
| S-HNI (Max) | 67 | 3886 | ₹9,94,816 |
| B-HNI (Min) | 68 | 3944 | ₹10,09,664 |
eMudhra Limited IPO Timeline
Issue Price
₹243-256 per equity shareFace Value
₹5 Per Equity ShareListing at Group
BSE, NSERegistrar
Link Intime India Private LimitedLead Manager
IIFL Securities Limited, YES Securities (India) Limited, Indorient Financial Services LimitedIssue Size
Total ₹412.79 Crores Approx : Fresh Issue: ₹161 Crores + Offer for Sale : 9,835,394 ShareseMudhra Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 30 Sep 21 | 238.27 | 93.45 | 19.92 | - | - | - |
| 31 Mar 21 | 191.91 | 132.45 | 25.35 | - | - | - |
| 31 Mar 20 | 158.71 | 116.79 | 18.41 | - | - | - |
| 31 Mar 19 | 119.51 | 101.68 | 17.43 | - | - | - |
All values are in ₹ Cr.
Promoters & Share Holding
Promoter(s) Name
- Venkatraman Srinivasan
- Taarav Pte. Limited
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 79.19% | 61.03% |
About Company
eMudhra Limited is India's largest licenced Certifying Authority (CA). The company's business is divided into two verticles Digital Trust Services and Enterprise Solutions. eMudhra Limited is engaged in the business of providing services like individual/organizational certificates, digital signature certificates, SSL/TLS certificates and device certificates, a portfolio of digital security and paperless transformation solutions, multi-factor authentication, mobile application security, website security testing, IT policy assessment, etc.
The company has strong digital signature certificate expertise and is the only Indian company to be directly recognised by renowned browsers and document processing software companies such as Microsoft, Mozilla, Apple, and Adobe, allowing it to sell digital identities to individuals and organisations worldwide and issue SSL/TLS certificates for website authentication.
The company has issued over 50 million digital signature certificates through the network of 88,457 channel partners spread across India. As of September 30, 2021, the company is serving 36,233 retail customers and 563 enterprises.
As of September 30, 2021, eMudhra's Enterprise Solutions are used by the top 10 banks, 6 top automotive companies and 19 top companies amongst the top 500 ranked companies in India by Economic Times in Financial Year 2020.
eMudhra Limited IPO Subscription Details
| As on | QIB | NII bNII sNII | Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 3,134,329 | 2,469,137 | 5,761,318 | 11,364,784 |
Day 1 -20-05-22 05:00 PM | 0.00 x | 0.04 | 0.85 x | 0.44 x |
Day 2 -23-05-22 05:00 PM | 0.25 x | 0.16 | 1.69 x | 0.96 x |
Day 3 -24-05-22 05:00 PM | 4.05 x | 1.28 | 2.61 x | 2.72 x |
Frequently Asked Questions about eMudhra Limited IPO IPO
When will eMudhra Limited IPO open for subscription?
The eMudhra Limited IPO opens on 20 May, 2022 and closes on 24 May, 2022.
What is the investors portion for eMudhra Limited IPO?
The investors' portion for QIB is 4.05 x, NII is 1.28, and Retail is 2.61 x.
How to apply for eMudhra Limited IPO?
You can apply for eMudhra 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 eMudhra Limited IPO?
The issue size of eMudhra Limited IPO is approx ₹Total ₹412.79 Crores Approx : Fresh Issue: ₹161 Crores + Offer for Sale : 9,835,394 Shares crores.
What is the price band of eMudhra Limited IPO?
The price band for eMudhra Limited IPO is ₹243 to ₹256 per equity share.
What is the lot size of eMudhra Limited IPO?
The minimum bid (lot size) for eMudhra Limited IPO is N/A shares with an investment of approx ₹14,848 .
What is the allotment date of eMudhra Limited IPO?
The allotment date for eMudhra Limited IPO is 27 May, 2022.
What is the listing date of eMudhra Limited IPO?
The listing date for eMudhra Limited IPO is expected to be 1 Jun, 2022.
What is the GMP of eMudhra Limited IPO?
The latest Grey Market Premium (GMP) for eMudhra 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.