EMS IPO Details ( EMS Limited IPO Review )
(8 Sep 2023 – 12 Sep 2023)
EMS Limited, established in 2012 under the name EMS Infracon, is a company dedicated to providing essential water and wastewater services. They handle everything from collecting and treating water and wastewater to ensuring its proper disposal.
Their services encompass sewerage solutions, water supply systems, water and waste treatment facilities, electrical transmission and distribution, road construction, and related projects. EMS Limited is responsible for operating and maintaining projects like Sewage Treatment Plants (STPs), Sewage Network Schemes, Common Effluent Treatment Plants (CETPs), Water Treatment Plants (WTPs), pumping stations, and water pipeline installations.
EMS Limited boasts a skilled in-house civil construction team, consisting of more than 57 engineers, who are further supported by external consultants and industry experts.
As of March 24, 2023, EMS Limited is actively managing and maintaining 13 projects, including various water and wastewater schemes, totaling Rs. 1,38,909.00 lakhs, as well as 5 ongoing operation and maintenance projects valued at Rs. 9,928.00 lakhs. These projects span across five different states.
EMS Limited IPO Competitive Strength
- In house designing, engineering and execution team
- Strong execution capabilities with industry experience
- Use of traditional technologies in the construction and installation of WWSP or WSSP
- World Bank Funded Projects
- Experienced Promoters and senior management team
- Robust Order Book
- Scalable and Asset Light Business Model supported by our Strong Financial Position
EMS IPO Financials Performance ( Results )
EMS Limited Financial Information ( Restated Consolidated )
All Amount in ₹ Crores
| Period Ended | Total Assets | Total Revenue | PAT | EPS (₹) | Net Worth | NAV (₹) | Reserves | Borrowing |
| 31-Mar-20 | 308.08 | 332.36 | 72.43 | 61.65 | 229.99 | 195.74 | 218.24 | 14.80 |
| 31-Mar-21 | 378.31 | 336.18 | 71.91 | 61.24 | 301.91 | 256.95 | 290.16 | 3.16 |
| 31-Mar-22 | 502.55 | 363.10 | 78.93 | 67.27 | 380.18 | 323.56 | 368.43 | 3.71 |
| 31-Mar-23 | 638.72 | 543.28 | 108.67 | 23.15 | 487.83 | 103.79 | 443.45 | 45.40 |
Objective of IPO Issue
- Funding of working capital requirements of the company
- General corporate purposes
EMS IPO Basic Details
| IPO Date | Sep 8, 2023 to Sep 12, 2023 |
| Listing Date | Thursday, September 21, 2023 |
| Face Value | ₹10 per share |
| Price | ₹200 to ₹211 per share |
| Lot Size | 70 Shares |
| Issue Size | [.] shares of ₹10 (aggregating up to ₹321.24 Cr) |
| Fresh Issue | [.] shares of ₹10 (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 | NSE, BSE |
| Share holding pre issue | 48,600,000 |
| Company Promoters | Mr. Ramveer Singh And Mr. Ashish Tomar |
EMS IPO Reservation
| QIB Shares Offered | 50% of the Net Issue |
| NII (HNI) Shares Offered | 15% of the Net Issue |
| Retail Shares Offered | 35% of the Net Issue |
EMS IPO Timetable
EMS IPO will open on September 8, 2023 and close on September 12, 2023. You can join EMS IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.
| Event | Date |
| Opening Date | 8 September 2023 (Friday) |
| Closing Date | 12 September 2023 (Tuesday) |
| Basis of Allotment | 15 September 2023 (Friday) |
| Initiation of Refunds | 18 September 2023 (Monday) |
| Credit of Shares to Demat | 20 September 2023 (Wednesday) |
| Listing Date | 21 September 2023 (Thursday) |
| Deadline for UPI mandate confirmation | 5 PM on 12 September 2023 |
EMS IPO Lot Size
For retail investors in EMS IPO, 70 shares will come in 1 lot or the minimum investment will be ₹14,770. Retail-individual investors can apply for up to 1 lots or the maximum investment will be ₹192,010.
| 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 Promoter Holding
The company’s promoters include Mr. Ramveer Singh and Mr. Ashish Tomar.
| Pre Issue Share Holding | 96.71% |
| Post Issue Share Holding | – |
EMS Ltd IPO Key Performance Indicator ( Valuation )
In the table given below, all the figures have been told according to the latest financial year.
| KPI | Values |
| Market Cap (₹ Cr.) | 1171.7 |
| Earning Per Share (EPS) | ₹23.15 per Equity Share |
| Net Asset Value (NAV) | ₹103.79 per Equity Share |
| P/E Ratio (P/E) (x) | 10.78 |
| Return on Net Worth (RoNW) (%) | 22.31 |
| Return on equity (ROE) (%) | 22.27 |
| Return on Capital Employed (ROCE) (%) | 28.26 |
| Debt/Equity Ratio | 0.09 |
EMS Ltd Peer Comparison
| Company Name | Consolidated/ Standalone | Face Value | EPS (₹) | P/E Ratio | RoNW (%) | NAV (₹) |
| EMS Limited | Consolidated | 10.00 | 36.87 | 10.78 | 22.31 | 103.80 |
| Peer Group | ||||||
| VA Tech Wabag Limited | Consolidated | 2.00 | 23.15 | 13.86 | 0.69 | 253.20 |
peer companies as available at NSE, (available at www.nseindia.com) divided by Basic EPS for FY 2023
reported in the filings made with stock exchanges.
EMS IPO GMP Live Update, Kostak Rate day by day
| Date | GMP | Kostak | Subject to |
| 7 September 2023 | ₹125 | – | – |
| 6 September 2023 | ₹120 | – | – |
EMS IPO Detail Video:
EMS IPO Subscription Status (Bidding Detail)
The EMS IPO on September 12, 2023 at 7:30:00 PM was subscribed 76.21 times, with the retail category being subscribed 30.55 times, the NII (Non-Institutional Investor) category being subscribed 84.39 times, QIB (Qualified-Institutional Buyers) category being subscribed 149.98 times.
| Category | Subscription |
| QIB | 149.98x |
| NII | 84.39x |
| Retail | 30.55x |
| Total | 76.21x |
EMS IPO Prospectus
EMS IPO Rating
| Our Rating | 3.5/5.0 |
EMS Company Contact Information
EMS Limited
Registered Office: 701, DLF Tower A, Jasola New Delhi-110025, India
Corporate Office: C-88, Second Floor, Raj Nagar Distt. Centre,
Raj Nagar, Ghaziabad-201002, Uttar Pradesh, India
Tel No.: +91 8826696627; 0120 4235555/ 4235559
E-mail: cs@ems.co.in
Website: www.ems.co.in
Contact Person: Mr. Deepak Kumar, Company Secretary and Compliance Officer
Promoters Of Our Company: Mr. Ramveer Singh And Mr. Ashish Tomar
EMS IPO Registrar
Kfin Technologies Limited
Registered Office: Selenium Tower B, Plot 31-32, Financial District,
Nanakramguda, Gachibowli, Hyderabad – 500 032,
India
Tel: +91 40 6716 2222
Email: ems.ipo@kfintech.com
Website: www.kfintech.com
Contact Person: Mr. M Murali Krishna
SEBI Registration No: INR000000221
EMS IPO Lead Manager
Khambatta Securities Limited
Registered Office: 1 Ground Floor, 7/10, Botawala Building, 9 Bank Street,
Horniman Circle, Fort, Mumbai, Maharashtra – 400 001, India
Tel: 011-41645051, 022-66413315
Email: ipo@khambattasecurities.com
Investor Grievance Email: mbcomplaints@khambattasecurities.com
Website: www.khambattasecurities.com
Contact Person: Mr. Chandan Mishra; Mr. Vipin Aggarwal
SEBI Registration No.: INM000011914
EMS IPO FAQs
What is the lot size of EMS IPO?
The total size of EMS IPO is ₹321.24 crores out of which ₹146.24 crores is fresh issue and ₹175.00 crores is offer for sale (OFS).
When will EMS IPO start?
EMS IPO will open from 8 September 2023 and IPO will close on 12 September 2023.
What is the open date of EMS IPO?
EMS IPO will open date from 8 September 2023.
What is the last date ( close date ) of EMS IPO?
EMS IPO will close from 12 September 2023.
What is the price band of EMS IPO?
EMS IPO price band is ₹200 to ₹211. ( Upper Price Band: ₹211, Lower Price Band: ₹200 )
What is the minimum amount required to apply for EMS IPO?
The minimum investment for retailers to apply for EMS IPO is ₹14,770 and the maximum investment is ₹192,010.
What is going on gray market premium of EMS IPO?
View gray market premium of EMS IPO by Clicking Here
How much is the GMP of EMS IPO?
Watch EMS IPO GMP Today: Click Here
What is the allotment date of EMS IPO?
The allotment date of EMS IPO is 15 September 2023.
How to check allotment status in EMS IPO?
To check the allotment status of EMS IPO, first of all go to the registrar website by clicking here, select your bad EMS IPO name or enter your bad application number, PAN number or client ID and click on submit. ( Video Link )
What is the listing date of EMS IPO?
The listing date of EMS IPO is 21 September 2023.
How much will be the listing gain in EMS IPO?
View listing gain of EMS IPO by Clicking Here
How much time EMS IPO is subscribed?
Total 76.21 times subscribed in EMS IPO out of which 30.55 times subscription was done in retail quota, 84.39 times subscription in NII quota and 149.98 times subscription in QIB quota.
How to apply for EMS IPO from Upstox?
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How to apply for EMS IPO from Zerodha?
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How to apply for EMS IPO from Angle One?
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