EMS Limited
- IPO Date08 Sep, 2023 to 12 Sep, 2023
- Listing Date21 Sep, 2023
- Face Value₹10 per share
- Issue Price₹200 to ₹211 per share
- Lot Size70 Shares
- Minimum Investment₹14,770
- Listing AtBSE, NSE
- Total Issue Size1,52,24,924 Shares
(aggregating up to ₹321.25 Cr) - Fresh Issue69,30,806 Shares
(aggregating up to ₹146.24 Cr)
- Offer for Sale82,94,118 Shares
(aggregating up to ₹175.01 Cr) - Issue TypeBook Built Issue IPO
- Share holding pre issue4,86,00,000
- Shareholding post issue5,55,30,808
IPO Dates
Closing Date
12 Sep, 2023
Initiation of Refunds
20 Sep, 2023
Listing Date
21 Sep, 2023
08 Sep, 2023
Opening Date
15 Sep, 2023
Basis of Allotment
20 Sep, 2023
Credit of Shares
EMS Limited Lot Size
Investors can bid for a minimum of 70 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 70 | ₹14,770 |
| B-HNI (Min) | 68 | 4760 | ₹10,04,360 |
| S-HNI (Min) | 14 | 980 | ₹2,06,780 |
| Retail (Max) | 13 | 910 | ₹1,92,010 |
| S-HNI (Max) | 67 | 4690 | ₹9,89,590 |
EMS Limited Promoter Holding
Mr. Ramveer Singh and Mr. Ashish Tomar are the company's promoters.
| Pre Issue Share Holding | Post Issue Share Holding |
|---|---|
| 96.71% | - |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 22.27% |
| ROCE | 28.26% |
| RoNW | 22.31% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 10.78 | 23.15 |
| P/E (x) | 10.78 | 23.15 |
EMS Limited COMPANY INFORMATION
EMS IPO is a book built issue of Rs 321.24 crores. The issue is a combination of fresh issue of 0.69 crore shares aggregating to Rs 146.24 crores and offer for sale of 0.83 crore shares aggregating to Rs 175.00 crores. EMS IPO bidding started from September 8, 2023 and ended on September 12, 2023. The allotment for EMS IPO was finalized on Friday, September 15, 2023. The shares got listed on BSE, NSE on September 21, 2023. EMS IPO price band is set at ₹200 to ₹211 per share. The minimum lot size for an application is 70 Shares. The minimum amount of investment required by retail investors is ₹14,770. The minimum lot size investment for sNII is 14 lots (980 shares), amounting to ₹206,780, and for bNII, it is 68 lots (4,760 shares), amounting to ₹1,004,360. Khambatta Securities Limited is the book running lead manager of the EMS IPO, while Kfin Technologies Limited is the registrar for the issue. Refer to EMS IPO RHP for detailed information.
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.
FAQs About Ems Limited
EMS Limited will open on 08 Sep, 2023 and close on 12 Sep, 2023. Investors must apply within this period to participate.
The EMS Limited price band is set between ₹200.00 and ₹211.00 per share. The minimum lot size is 70, requiring an investment of at least ₹14770.00.
The EMS Limited shares are expected to be listed on 21 Sep, 2023, subject to regulatory approvals and final allotment.
You can track your EMS Limited application status on the registrar’s website: Link Intime or KFintech using your PAN, application number, or DP ID
The EMS Limited will be listed on major stock exchanges such as NSE and BSE, where you can trade shares once they are listed.