EMS IPO is scheduled to hit the market on September 8, 2023 and close on September 12, 2023. EMS plans to raise around ₹321.24 Cr through an IPO with a sale of up to … equity shares of ₹10 each. The retail quota is 35%, QIB is 50%, and HNI is 15%.
Established in 2012 as EMS Infracon and later rebranded as EMS Limited, the company specializes in comprehensive water and wastewater management solutions. Their services encompass sewerage solutions, water supply systems, water and waste treatment plants, electrical transmission and distribution, road infrastructure, and the operation and maintenance of Wastewater Scheme Projects (WWSPs) and Water Supply Scheme Projects (WSSPs) for governmental bodies. WWSPs involve Sewage Treatment Plants (STPs), sewage network schemes, and Common Effluent Treatment Plants (CETPs), while WSSPs include Water Treatment Plants (WTPs), pumping stations, and water pipeline installations.
EMS Limited is dedicated to enhancing water and wastewater collection, treatment, and disposal services.
EMS IPO Details
EMS IPO opens on Sept 8, 2023, and closes on Sep 12, 2023. The Listing date for EMS IPO is on Sept 21, 2023. The price band for IPO is ₹200 to ₹211 per share and lot size of 70 shares.
| IPO Date | Sept 8, 2023 to Sep 12, 2023 |
| Listing Date | Sept 21, 2023 |
| Price | ₹200 to ₹211 per share |
| Lot Size | 70 Shares |
| Issue Size | ₹321.24 Cr. |
| Face Value | ₹10 per share |
EMS IPO Tentative Timetable
EMS opening date is September 8, 2023 and close date is September 12, 2023. The IPO allotment date is September 15, 2023. The refund initiation of IPO is on September 18, 2023. The credit of shares in demat account is on September 20, 2023. The listing date is on September 21, 2023.
| Event | Date |
|---|---|
| IPO Opening | Sept 8, 2023 |
| IPO Closing | Sept 12, 2023 |
| IPO Allotment Date | Sept 15, 2023 |
| Refund Initiation | Sept 18, 2023 |
| Shares Credit to Demat | Sept 20, 2023 |
| Lisiting Date | Sept 21, 2023 |
EMS IPO Lot Size
Lot Size of this IPO is 70 shares. A retail-individual investor can apply for up to 13 lots (910 shares or ₹₹192,010).
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail(Minimum) | 1 | 70 | ₹14,770 |
| Retail(Maximum) | 13 | 910 | ₹192,010 |
| S-HNI (Minimum) | 14 | 980 | ₹206,780 |
| B-HNI (Minimum) | 68 | 4,760 | ₹1,004,360 |
EMS IPO Promoter Holding
| Pre Issue Share Holding | 96.71% |
| Post Issue Share Holding |
EMS IPO Review
EMS Limited, formerly known as EMS Infracon, is a company that has been in operation since 2012, primarily focusing on providing water and wastewater collection, treatment, and disposal services. Their services encompass a wide range of offerings, including sewerage solutions, water supply systems, water and waste treatment plants, electrical transmission and distribution, road and allied works, as well as the operation and maintenance of wastewater scheme projects (WWSPs) and water supply scheme projects (WSSPs) for government authorities.
In specific terms, WWSPs include Sewage Treatment Plants (STPs), Sewage Network Schemes, and Common Effluent Treatment Plants (CETPs), while WSSPs include Water Treatment Plants (WTPs), pumping stations, and the laying of pipelines for water supply. What sets EMS apart is its comprehensive approach to these projects, employing its own civil construction team of over 57 engineers along with support from third-party consultants and industry experts.
As of March 24, 2023, EMS is actively managing and maintaining 13 projects, comprising WWSPs, WSSPs, STPs & HAM projects totaling Rs. 1,38,909.00 lakhs, and 5 O&M projects amounting to Rs. 9,928.00 lakhs. These projects are spread across five states.
EMS IPO Subscription Status (Bidding Details)
| Investor | Subscription |
|---|---|
| Qualified Institutions (QII) | 0 |
| Non-Institutional Buyers | 0 |
| bNII (bids above ₹10L) | 0 |
| sNII (bids below ₹10L) | 0 |
| Retail Investors(RII) | 0 |
| Employees | 0 |
| Others | 0 |
| Total | 0 |
EMS IPO Broker Recommendations
- Capital Market: To be updated soon
- Anand Rathi: To be updated soon
- SMC Global: To be updated soon
- Arihant Capital: To be updated soon
EMS IPO FAQs
What is EMS IPO?
EMS is issuing … equity shares with a face value of ₹10 each, totaling up to ₹321.24 Cr. The shares are being offered at a price of ₹200 to ₹211 each, with a minimum order quantity of 70 shares.
Kfin Technologies Limited is the registrar for the IPO, and the shares are planned to be listed on the BSE and NSE.
When EMS IPO will open?
EMS will open on September 8, 2023 for QIB, NII, and Retail Investors.
When EMS IPO will end?
EMS will end on September 12, 2023.
What is EMS IPO Size?
EMS IPO size is 321.24 Cr.
What is EMS IPO Price Band?
EMS price band is ₹200 to ₹211.
What is the EMS IPO Allotment Date?
EMS allotment date is 15 September 2023.
What is the EMS IPO Listing Date?
EMS listing date is 21 September 2023. The IPO is to be listed on BSE and NSE.
How to Apply EMS IPO through Zerodha?
To apply for the IPO “EMS” on Zerodha, log in to the Zerodha website or app, go to the Portfolio section, and click on IPO. Then, click on the “Apply” button and enter your UPI ID, the desired quantity, and the price. Submit the IPO application form and then approve the mandate on your UPI app. To complete the process, you should have an demat account. If you don't have one, open a demat account with Zerodha.
How to Apply EMS IPO through Upstox?
To apply for the IPO “EMS” on Upstox, log in to the Upstox website or app, click on IPO. Then, click on the “Apply” button and enter your UPI ID, the desired quantity, and the price. Submit the IPO application form and then approve the mandate on your UPI app. To complete the process, you should have an demat account. If you don't have one, open a demat account with Upstox.
How to check EMS IPO Allotment Status?
For EMS IPO Allotment status check you can visit this link, select the desired IPO and enter your PAN to check the allotment status.
What is EMS IPO GMP?
You can check out here: EMS IPO GMP