EMS LIMITED
₹ 200 - ₹ 211
08-Sep-2023 - 12-Sep-2023
₹ 14770.00

/ 70 Shares

EMS LIMITED

08-Sep-2023 - 12-Sep-2023

₹ 200 - ₹ 211

Price Band

₹ 14770.00

Minimum Investment

70

Bid Lot

15,224,925

Shares

  • Face Value - ₹ 10/- Per Share

  • Listing at NSE BSE

  • 76,124 Application Required in Retail for 1 Time.

  • Registrar : KFin Technologies Limited

IPO Details

Fresh Issue of Equity shares aggregating upto Rs. 146.24 Cr + Offer for Sale of 8,294,118 Equity Shares

Category % Shares/Amount
QIB 50% 7,612,462 Shares Rs. 160.62 Cr
HNI 1 5% 761,246 Shares Rs. 16.06 Cr @ 777 Form 1x
HNI 2 10% 1,522,493 Shares Rs. 32.12 Cr @ 1554 Form 1x
Retail 35% 5,328,724 Shares Rs. 112.44 Cr @ 76125 Form 1x

Khambatta Securities Ltd

Application Require for 1 Time

Retail (Upto 2 Lakh) HNI (2 Lakh to 10 Lakh) HNI (Above 10 Lakh)
76125 Form 1x 777 Form 1x 1554 Form 1x

IPO Lot Size

Category Lots Shares Amount
Retail (Upto 2 Lakh) 1 70 ₹ 14,770
Retail (Upto 2 Lakh) 13 910 ₹ 192,010
S-HNI (2 Lakh to 10 Lakh) 14 980 ₹ 206,780
S-HNI (2 Lakh to 10 Lakh) 67 4690 ₹ 989,590
B-HNI (Above 10 Lakh) 68 4760 ₹ 1,004,360

IPO Timeline

  • Open Date

    08-Sep-2023

  • Close Date

    12-Sep-2023

  • Basis of Allotment Date

    15-Sep-2023

  • Initiation of Refunds

    18-Sep-2023

  • Credit Shares to Demat A/c

    20-Sep-2023

  • IPO Listing Date

    21-Sep-2023

Subscription as on
12-Sep-2023 16:39

Category Book Size Subscription No. of Times
QIB 3,044,985 ₹ 64.25 Cr. 456,682,450 ₹ 9636.00 Cr. 149.98x
HNI (<10 LAKH) 761,246 ₹ 16.06 Cr. 66,068,170 ₹ 1394.04 Cr. 86.79x
HNI2 (>10 LAKH) 1,522,493 ₹ 32.12 Cr. 126,593,880 ₹ 2671.13 Cr. 83.15x
RETAIL 5,328,724 ₹ 112.44 Cr. 161,879,830 ₹ 3415.66 Cr. 30.38x
Total 10,657,448 811,224,330 76.12x
Category Book Size Subscription No. of Times
QIB 3,044,985 ₹ 64.25 Cr. 456,682,450 ₹ 9636.00 Cr. 149.98x
HNI (<10 LAKH) 761,246 ₹ 16.06 Cr. 66,068,170 ₹ 1394.04 Cr. 86.79x
HNI2 (>10 LAKH) 1,522,493 ₹ 32.12 Cr. 126,593,880 ₹ 2671.13 Cr. 83.15x
RETAIL 5,328,724 ₹ 112.44 Cr. 161,879,830 ₹ 3415.66 Cr. 30.38x
Total 10,657,448 811,224,330 76.12x

*Excluding Anchor

Total No. of Application Approx : ~2342036 (30.77 Appwise)

Disclaimer: The above-mentioned information / data are sourced from the websites of National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) and are subject to change on real time basis. For updated information / data you can visit their respective website. The information / data provided herein above are for information purpose only and provided "AS IS" and "AS AVAILABLE" basis and without warranty, express or implied. We do not guarantee or warrant the accuracy, adequacy or completeness of the information received through the said websites. “We” hold not responsibility of any kind as regard to any discrepancies, errors, omissions, losses or damages. “We” including its affiliates and any of its officers, directors, personnel and employees, shall not liable for any loss, damage of any nature, including but not limited to direct, indirect, punitive, special, exemplary, consequential, as also any loss of profit in any way arising from the use of information / data received through the said websites. The recipient alone shall be fully responsible / are liable for any decision taken on the basis of such information / data. All recipients should before acting upon the said information make their own investigation, seek appropriate professional advice.

About Company

  • EMS Limited (“EMS”) was incorporated on December 21, 2010. EMS is in the business of Sewerage solution provider, Water Supply System, 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 supply of water (collectively, “Projects”). The treatment process installed at STPs and CETPs is compliant with Ministry of Environment, Forest and Climate Change of India norms and the treated water can be used for horticulture, washing, refrigeration and other process industries. 
  • EMS bids for tenders issued by CPWD, State Governments and Urban Local Bodies (“ULBs”) for developing WWSPs and WSSPs on EPC or HAM basis. 
  • EMS offered services which includes Sewerage and their allied works; Design, construction, operation, and maintenance of Sewage Treatment Plants; Design, construction, operation, and maintenance of Sewage Pumping Stations; Water supply works; Road & Allied works; Design and construction of power transmission and distribution infrastructure; Design and construction of buildings and allied works; Design, construction, operation, and maintenance of public infrastructure facilities & utilities; Designing, installing electricity transmissions and Construction related works. 
  • EMS has in-house team of 61 engineers for Designing, Engineering and Construction which makes them self-reliant on all aspects of their business. They are supported by third-party consultants and industry experts to ensure compliance and quality standards laid down by the industry and government agencies & departments. 
  • As on July 31, 2023, EMS is operating and maintaining 18 projects including WWSPs, WSSPs, STPs & HAM aggregating of Rs. 1,744.92 crore & 5 O&M projects aggregating to Rs. 99.28 crore. 
  • In addition to the execution of projects independently, they also enter into joint ventures with other infrastructure and construction companies to jointly bid and execute projects.
  • In the past, Company has executed 50 projects & 17 projects executed by the proprietorship which businesses was taken over by the company on June 2012. EMS has provided quality services to various government bodies and municipalities since 2010 and has successfully completed these projects.
Read More

Strengths

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 the Strong Financial Position.

Business Strategies 

  • Increasing the size of projects and the pre-qualification;
  • Expansion of the footprint;
  • Capitalize on Government policy initiatives in WWTP and WSSP sectors;
  • Continue to enhance the core strengths by attracting, retaining and training qualified personnel.

Company Promoters

Company Financials

EMS IPO Financial Information (Restated Consolidated)
Period Ended 31 Mar 2020 31 Mar 2021 31 Mar 2022 31 Mar 2023
Assets 308.08 378.31 502.55 638.72
Revenue 332.36 336.18 363.10 543.28
Profit After Tax 72.43 71.91 78.93 108.67
Net Worth 229.99 301.91 380.18 487.83
Reserves and Surplus 218.24 290.16 368.43 443.45
Total Borrowing 14.80 3.16 3.71 45.40

Amount in ? Crore

Objects of the Issue

  1. Funding of working capital requirements of the company; and
  2. General corporate purposes.

How to Apply

Apply for IPO in few simple steps.

  • Step 01 :

    Once you create your account, Login to InvestoYard.

  • Step 02 :

    Under IPO Section, you will be able to see a list of Ongoing IPOs, where you can click on apply button.

  • Step 03 :

    Add quantity of shares to apply – Maximum 3 bids are allowed (For retail category – max amount Rs.2,00,000/-).

  • Step 04 :

    Enter your UPI ID and you will receive mandate on your UPI App.

  • Step 05 :

    Once you accept the mandate, Application is submitted successful.

  • Applying for an IPO is easier than ever with InvestoYard, in just a few clicks your application is processed. You can bid for any IPO through InvestoYard, the bidding process is simple and hassle free. Every company has a lot size decided & you can buy in multiples of the decided lot.
  • If lot size is 15, then you have to bid for multiples of 15 share like 30,45,60 and so on.
  • The maximum subscription amount for retail investors is 2 lakh.
  • Any bid can be at a desired price or cut off price given by the company.

  • Enter the number of shares you wish to buy, as per the lot size.
  • You can apply at the cut off price set by the company or bid for a desired amount within the price band.
  • Maximum three bids will be accepted.
  • You then need to enter the UPI ID on InvestoYard’s IPO application form.

  • You will immediately get a fund blocked request on your UPI for the submitted IPO application.
  • The funds will be blocked in your bank account until allotment when it is debited.
  • The limit for IPO application is Rs 2 lakh per transaction on UPI.
  • On allotment of the shares, the money will be automatically debited.
  • If the share aren’t allotted the blocked funds will reflect back into your account.

Frequently Asked Questions

Check Allotment