eMudhra Limited
- IPO Date20 Mar, 2022 to 24 Mar, 2022
- Listing Date01 Jun, 2022
- Face Value₹5 per share
- Issue Price₹243 to ₹256 per share
- Lot Size58 Shares
- Minimum Investment₹14,848
- Listing AtBSE, NSE
- Total Issue Size-
- Fresh Issue-
- Offer for Sale98,35,394 Shares
(aggregating up to ₹251.79 Cr) - Issue TypeBook Built Issue IPO
- Share holding pre issue-
- Shareholding post issue-
IPO Dates
Closing Date
24 Mar, 2022
Initiation of Refunds
31 May, 2022
Listing Date
01 Jun, 2022
20 Mar, 2022
Opening Date
27 May, 2022
Basis of Allotment
31 May, 2022
Credit of Shares
eMudhra Limited Lot Size
Investors can bid for a minimum of 58 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 | 58 | ₹14,848 |
| Retail (Max) | 13 | 754 | ₹1,93,024 |
eMudhra Limited Promoter Holding
Venkatraman Srinivasan and Taarav Pte. Limited are the company promoters.
| Pre Issue Share Holding | Post Issue Share Holding |
|---|---|
| 79.19% | 61.03% |
eMudhra Limited COMPANY INFORMATION
eMudhra IPO is a book built issue of Rs 412.79 crores. The issue comprises of fresh issue of Rs 161.00 crore and offer for sale of 0.98 crore shares. eMudhra IPO bidding started from May 20, 2022 and ended on May 24, 2022. The allotment for eMudhra IPO was finalized on Friday, May 27, 2022. The shares got listed on BSE, NSE on June 1, 2022. eMudhra IPO price band is set at ₹243 to ₹256 per share. The minimum lot size for an application is 58 Shares. The minimum amount of investment required by retail investors is ₹14,848. Iifl Securities Ltd, Yes Securities (India) Limited and Indorient Financial Services Ltd are the book running lead managers of the eMudhra IPO, while Link Intime India Private Ltd is the registrar for the issue. Refer to eMudhra IPO RHP for detailed information.
eMudhra Limited is India's largest licenced Certifying Authority ("CA"). The company's business is divided into two verticles Digital Trust Services and Enterprise Solutions. eMudhra Limited is engaged in the business of providing services like individual/organizational certificates, digital signature certificates, SSL/TLS certificates and device certificates, a portfolio of digital security and paperless transformation solutions, multi-factor authentication, mobile application security, website security testing, IT policy assessment, etc.
The company has strong digital signature certificate expertise and is the only Indian company to be directly recognised by renowned browsers and document processing software companies such as Microsoft, Mozilla, Apple, and Adobe, allowing it to sell digital identities to individuals and organisations worldwide and issue SSL/TLS certificates for website authentication.
The company has issued over 50 million digital signature certificates through the network of 88,457 channel partners spread across India. As of September 30, 2021, the company is serving 36,233 retail customers and 563 enterprises.
As of September 30, 2021, eMudhra's Enterprise Solutions are used by the top 10 banks, 6 top automotive companies and 19 top companies amongst the top 500 ranked companies in India by Economic Times in Financial Year 2020.
Competitive Strengths:
- Largest licensed Certifying Authority in India.
- The company is a one-stop shop solution provider in secure digital transformation and is well-positioned to capture the favourable industry dynamics in India and globally.
- Technology certifications, accreditations and membership in international bodies.
- Technology backed infrastructure to support quality and security of services and solutions.
- Diverse, longstanding and growing customer base.
- Partnerships with leading Indian and global channel partners and enterprise solution partners.
- Experienced promoter, board of directors and senior management team.
FAQs About Emudhra Limited
eMudhra Limited will open on 20 Mar, 2022 and close on 24 Mar, 2022. Investors must apply within this period to participate.
The eMudhra Limited price band is set between ₹243.00 and ₹256.00 per share. The minimum lot size is 58, requiring an investment of at least ₹14848.00.
The eMudhra Limited shares are expected to be listed on 01 Jun, 2022, subject to regulatory approvals and final allotment.
You can track your eMudhra Limited application status on the registrar’s website: Link Intime or KFintech using your PAN, application number, or DP ID
The eMudhra Limited will be listed on major stock exchanges such as NSE and BSE, where you can trade shares once they are listed.