About EMS Limited Company
Incorporated in 2012, 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 has its own civil construction team and 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 IPO Details
EMS IPO is a Book Built Issue. The IPO total issue size is Rs 321.24 Cr. The EMS IPO price is ₹200 to ₹211 per share. The IPO will list on BSE, NSE.
| IPO Date | September 8, 2023 to September 12, 2023 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price | ₹200 to ₹211 per share |
| Lot Size | 70 Shares |
| Total Issue Size | [.] shares (aggregating up to ₹321.24 Cr) |
| Fresh Issue | [.] shares (aggregating up to ₹146.24 Cr) |
| Offer for Sale | 8,294,118 shares of ₹10 (aggregating up to ₹175.00 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 48,600,000 |
EMS IPO Lot Size
The minimum lot size of this EMS IPO is 70 shares required is ₹14,770.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 70 | ₹14,770 |
| Retail (Max) | 13 | 910 | ₹192,010 |
| S-HNI (Min) | 14 | 980 | ₹206,780 |
| S-HNI (Max) | 67 | 4,690 | ₹989,590 |
| B-HNI (Min) | 68 | 4,760 | ₹1,004,360 |
EMS IPO Reservation
EMS IPO a total of 15,224,924 shares are offered. QIB: 3,044,985 (20.00%), RII: 5,328,724 (35.00%), NII: 2,283,739 (15.00%).
| Anchor Investor Shares Offered | 4,567,476 (30.00%) |
| QIB Shares Offered | 3,044,985 (20.00%) |
| NII (HNI) Shares Offered | 2,283,739 (15.00%) |
| Retail Shares Offered | 5,328,724 (35.00%) |
| Total Shares Offered | 15,224,924 (100%) |
EMS IPO Financial Information
| Period Ended | 31 Mar 2020 | 31 Mar 2021 | 31 Mar 2022 | 31 Mar 2023 |
| Assets | 308.08 | 378.31 | 502.55 | 638.72 |
| Revenue | 332.36 | 336.18 | 363.10 | 543.28 |
| Profit After Tax | 72.43 | 71.91 | 78.93 | 108.67 |
| Net Worth | 229.99 | 301.91 | 380.18 | 487.83 |
| Reserves and Surplus | 218.24 | 290.16 | 368.43 | 443.45 |
| Total Borrowing | 14.80 | 3.16 | 3.71 | 45.40 |
Objects of the Issue of EMS IPO
The company intends to utilize the net proceeds from the issue towards the funding of the following objects:
Funding of working capital requirements of the company; and
General corporate purposes.
EMS IPO Review
The company has posted static performance for FY21 and FY22 under the Pandemic impact but performed well for FY23 indicating bright prospects ahead. It has orders worth Rs. 1845 cr. on hand and many in pipelines. According to the management, the company is in a fast-forward mode now. Investors may consider parking funds for short to long-term rewards in this lucratively priced issue.
EMS IPO Subscription Status
The EMS IPO is subscribed 0.55 times on Sep 8, 2023 11:41:00 AM. The public issue subscribed 0.74 times in the retail category, 0.00 times in the QIB category, and 0.83 times in the NII category. Check Day by Day Subscription Details (Live Status)
EMS IPO GMP today
Shares of EMS Limited are available at a premium of ₹125 inn unlisted stock market today, say market observers.
EMS IPO price
Company has fixed price band of the public issue at ₹200 to ₹211 per equity share.
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Disclaimer: This price prediction is only for reference purpose only, this prediction is only if there are positive market sentiments, and any uncertainties in the company or global market condition is not covered in this analysis.
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