31 Mar 2020
Assets308.08
Total Income332.36
Profit After Tax72.43
NET Worth229.99
Reserves and Surplus218.24
Total Borrowing14.80
At a glance
Updated 2026-08-23The shares listed at ₹282.05, a 33.67% move from the issue price. EMS is a Mainboard IPO with an issue size of ₹321.25 crore, proposed for listing on BSE, NSE. The offer opens on 8th Sep 2023 and closes on 12th Sep 2023. The issue structure includes a fresh issue of ₹146.24 crore and an offer-for-sale component of ₹175.01 crore. The current listing schedule points to 21st Sep 2023.
Issue details
Listing atBSE, NSE
Issue typeBook Build Issue
Issue size₹321.25 Cr
Fresh issue₹146.24 Cr
Offer for sale₹175.01 Cr
Face value₹10
Price band₹200.00–₹211.00
Allotment15th Sep 2023
Listing21st Sep 2023
Listing performance
Full performance ↗Issue price₹211.00
Listing price₹282.05
Current price—
Listing gain33.67%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹88.00
GMP / upper price41.71%
Est. listing₹299.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens8th Sep 2023
Closes12th Sep 2023
Allotment15th Sep 2023
Refund18th Sep 2023
Demat20th Sep 2023
Listing21st Sep 2023
Subscription demand
Full bidding ↗Total76.21×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 70 | ₹14,770 |
Company
Incorporated2012
Use of proceeds
| Object | Amount |
|---|---|
| Funding of working capital requirements of our Company; and | ₹101.24 Cr |
| General corporate purposes. | ₹36.48 Cr |
Financials
Full financials ↗31 Mar 2021
Assets378.31
Total Income336.18
Profit After Tax71.91
NET Worth301.91
Reserves and Surplus290.16
Total Borrowing3.16
31 Mar 2022
Assets502.55
Total Income363.10
Profit After Tax78.93
NET Worth380.18
Reserves and Surplus368.43
Total Borrowing3.71
31 Mar 2023
Assets638.72
Total Income543.28
Profit After Tax108.67
NET Worth487.83
Reserves and Surplus443.45
Total Borrowing45.40
Trend chart₹ crore
KPIs
| KPI |
|---|
| ROE |
| ROCE |
| Debt / Equity |
| RoNW |
| PAT Margin |
Valuation & shareholding
Pre-IPO EPS23.15
Post-IPO P/E10.78
Promoter holding pre96.71%
Promoter holding post69.79%
Market cap₹1171.70 Cr.
Issue expenses
| Expense | Amount |
|---|---|
| Fees payable to BRLM & Legal Counsel (including underwriting commission) | ₹1.94 Cr |
| Advertising and marketing expenses | ₹1.52 Cr |
| Fees to the Registrar to the Issue | ₹0.46 Cr |
| Fees payable to the Regulators including stock exchanges | ₹1.45 Cr |
| Corporate Action & Stamp duty | ₹0.68 Cr |
| Printing and distribution of Issue stationary | ₹0.43 Cr |
| Brokerage and selling commission payable to Syndicate | ₹1.60 Cr |
| Brokerage and selling commission payable to Registered Brokers(2)(3)(4) | ₹0.47 Cr |
| Processing fees to SCSBs for ASBA Applications procured by the members of the Syndicate or Registered Brokers and submitted with the SCSBs(2)(3)(4) | ₹0.20 Cr |
| Processing fees to Issuer banks for UPI Mechanism w.r.t application Forms procured by the members of the Syndicate, Registered Brokers, RTAs or the CDPs and submitted to them(2)(3)(4) | ₹0.58 Cr |
| Others (Industry Report, charges for monitoring Agency, Restated financials, NSDL & CDSL Fees, Verification Charges etc.) | ₹2.73 Cr |
Registrar & lead managers
Registrar
Kfin Technologies Ltd.Lead managers
- Khambatta Securities Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-23.