m.Stock by Mirae AssetOpen Demat Account
m.Stock by Mirae Asset

IPO EMS Ltd

  • Price Range

    ₹200 - ₹211

  • Min. Quantity

    70

  • Closes on

    12 September 2023

  • Min. investment

    ₹14,770/910 Shares

EMS Ltd IPO Timeline

EMS Limited was originally incorporated as EMS Infracon Private Limited' a Private Limited Company at Delhi, dated December 21, 2010. Thereafter on June 30, 2012, Company along with its two directors, i.e. Shri Ramveer Singh & Mr. Ashish Tomar took over the business of partnership firm, M/s Satish Kumar. Thereafter, name of Company was changed from EMS Infracon Private Limited' to EMS Private Limited', on October 26, 2022. Subsequently, Company was converted from Private Limited to Public Limited, on October 27, 2022 and a fresh Certificate of Incorporation upon the Change in Name of the Company was issued by the RoC, Delhi on November 25, 2022.

EventDate
EMS Ltd IPO Opening Date8 September 2023
EMS Ltd IPO Closing Date 12 September 2023
Basis of Allotment15 September 2023
Initiation of Refunds18 September 2023
Credit of Shares to Demat20 September 2023
EMS Ltd IPO Listing Date21 September 2023

EMS Ltd IPO Details

EMS Ltd IPO Date8 September 2023 to 12 September 2023
EMS Ltd IPO Face Value10 per share
EMS Ltd IPO Price200 to ₹211 per share
EMS Ltd IPO Lot Size70
Issue SizeShares of ₹10 (aggregating up to ₹321.25 Cr)
Fresh IssueShares of ₹10 (aggregating up to ₹146.24 Cr)
Offer for SaleShares of ₹10 (aggregating up to ₹175.01 Cr)
Issue Type(Book Built Portion)
Listing At BSE, NSE
QIB Shares OfferedNot more than 29,84,371 of the Net Offer
Retail Shares OfferedNot less than 54,62,142 of the Net Offer
NII (HNI) Shares OfferedNot less than 23,40,918 of the Net Offer
Company PromotersRamveer Singh, Ashish Tomar

EMS Ltd IPO Lot Size

The EMS Ltd IPO lot size is 70 shares. A retail-individual investor can apply for up to 13 lots (910 shares or ₹1,92,010).

Application LotsSharesAmount
Minimum170₹14,770
Maximum13910₹1,92,010
  • Risks
  • Opportunities
  • In house designing, engineering and execution team;
  • Strong order book of projects across India;
  • Strong execution capabilities with industry experience and established track record;
  • Experienced Promoters and Management Team.
  • Strong Financial Performance for the last 3 years:

Company Financials

EMS Ltd Financial Information (Restated)

Period Ended Total AssetsTotal RevenueProfit After Tax
03-2024854.06734.73149.96
03-2023553.42488.92103.19
03-2022486.36341.8275.16
Amount in ₹ Crore

Objects of the Issue

The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:

  • Funding Working Capital Requirements of the Company
  • General Corporate Purposes

EMS Ltd IPO Promoter Holding

Pre Issue Share Holding94.59%
Post Issue Share Holding67.85%

EMS Ltd IPO Subscription Status (Bidding Detail)

The EMS Ltd IPO is subscribed 15.05 times on 12 September 2023 05:00:00 PM. The public issue subscribed 16.62 times in the retail category, 0.67 times in the QIB category, and 29.73 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategoryQIBNIIRetailEmployeeTotal
Subscription (times)0.6729.7316.62-15.05

EMS Ltd IPO Prospectus

EMS Ltd IPO Listing Date

Listing Date21 September 2023
BSE Script 543983
NSE SymbolEMSLIMITED
Listing In BSE, NSE
ISININE0OV601013
IPO Price211
Face Value10

Company Contact Information

EMS Ltd
701 DLF Tower AJasola,New Delhi-110025
Phone: 91-011-46067666/8826696627
Email: cs@ems.co.in
Website: www.ems.co.in

EMS Ltd IPO Registrar

Phone:+91 40 6716 2222
Email: ems.ipo@kfintech.com
Website: www.kfintech.com

EMS Ltd IPO Lead Manager(s)

  1. Khambatta Securities Ltd

FAQ

What is the issue size of EMS Ltd IPO?

EMS Ltd IPO, which opens for subscription from to 12 September 2023 has an issue size of ₹321.25 crore. The issue type is book building issue.

I have pre-applied for EMS Ltd IPO. When will my order get placed?

In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.

What are the open and close dates for EMS Ltd IPO?

EMS Ltd IPO Opens for subscription from 8 September 2023 to 12 September 2023

What is the lot size and minimum order quantity of the EMS Ltd IPO?

The lot size of EMS Ltd is 70 shares. Retail investors can subscribe to minimum 1 lot and maximum 13 lots. The minimum and maximum application value is ₹14,770 and ₹1,92,010 respectively.

What are the allotment dates for the EMS Ltd IPO?

Allotment date for EMS Ltd is 15 September 2023 and refund of application amount (in case allotment is not received) will begin from 18 September 2023. If your allotment goes through, then shares will be credited in your Demat account by 20 September 2023.

Who is the registrar of EMS Ltd IPO?

The registrar for EMS Ltd IPO is KFin Techologies Ltd . You can check your IPO allotment status on the registrar's website.

Where is the EMS Ltd IPO getting listed?

The shares of EMS Ltd are proposed to be listed on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE)