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EMS Limited IPO : Key Dates

EMS Limited IPO is set to launch on 8 September, 2023. The company initiated its business operations in the year 2012. It provides various services like water and wastewater treatment, collection and disposal. The company’s services includes Water Supply Systems, Sewerage Solutions, Electrical Transmission and Distribution, Water and waste treatment Plants, Operations and Maintenance of Wastewater Scheme Projects and water supply scheme projects for govt. authorities., Road and Allied works.

The company has more than 57 engineers and other third party consultants. It is currently maintaining 13 projects itself and 5 Operations and management processes across 5 states.

EMS Limited IPO DETAILS

EMS Limited IPO is set to launch on 8 September, 2023. The subscription timeline extends till 12 September, 2023. The size for the IPO is 321.24 Crore Rs. Shares issued through fresh issue mode are worth 146.24 Crore Rs. Shares issued through offer for sale mode are worth Rs 175 Crore. The lot size is 70 shares and the price is 200 to 211 Rs per share. The company is going to get listed at both NSE and BSE. The face value per share is Rs.10 and this is a Book Built issue. The registrar for the company is KFin Technologies Limited.

Tabular Description of EMS Limited IPO

IPO OPENING DATE	8 September, 2023
CLOSING DATE FOR IPO	12 September, 2023
ISSUE TYPE	Book Built Issue
Face Value per share	10 Rs. per share
IPO price band	200 Rs. to 211 Rs. per share
LOT SIZE	70 shares
MINIMUM ORDER QUANTITY	70 shares
ISSUE SIZE	321.24 Crore Rs.
OFFER FOR SALE	175 Crore Rs.
FRESH ISSUE	146.25 Crore Rs.
LISTING AT	NSE, BSE
LISTING DATE	21 September, 2023

EMS Limited IPO : IMPORTANT DATES

IPO OPENING DATE	8 September, 2023
CLOSING DATE FOR IPO	12 September, 2023
IPO ALLOTMENT DATE	15 September, 2023
REFUNDS	18 September, 2023
DEMAT A/C CREDITED ON	20 September, 2023
IPO LISTING DATE	21 September, 2023

EMS Limited IPO begins for subscription from 8 September 2023. The IPO subscription would continue till 12 September, 2023. The allotment status for the shareholders who applied would come on 15 September, 2023. The refunds for the ones who did not get allotment would be initiated on 18 September, 2023. The DEMAT accounts of shareholders would be credited on 20 September, 2023. The listing of the company would be completed on 21 September, 2023.

EMS Limited IPO : Lead Managers

The lead managers are :

Khambatta Securities Limited

The minimum lot size for the company is decided at 70 shares. This holding accounts to 14770 Rs.. The maximum lot size is decided at 910 shares. This amounts to 192010 Rs.. Hence the company’s final holdings would be set as :

	Shares	Amount
Minimum	70 shares	14770 Rs.
Maximum	910 shares	192010 Rs.

OBJECTIVES FOR THE IPO

IPO proceeds would be used for general corporate purposes.
The company will use the IPO money for further working capital requirements.

COMPANY FINANCIALS

Particularly (in Crore Rs.)	2020-21	2021-22	2022-23
ASSETS	378	502	638
Revenue	336	363	543
PAT	71	78	108

EMS Limited had an asset base of 378 Crore Rs in 2021 which increased to 502 Crore Rs in 2022 and 638 Crore Rs in 2023. The revenue of the firm was 336 Crore Rs in 2021 which increased slowly to 363 Crore Rs in 2022. However in 2023 the company’s revenue boosted to 543 Crore Rs in 2023. The company has been able to achieve excellent profit levels with this amount of revenue base. The profit of the firm was 71 Crore Rs in 2021 which increased to 78 Crore Rs in 2022 and 108 Crore Rs in 2023. This means that the company is almost maintaining a profit margin of 20% every year on an average.

PROS

The company’s services includes Water Supply Systems, Sewerage Solutions, Electrical Transmission and Distribution, Water and waste treatment Plants, Operations and Maintenance of Wastewater Scheme Projects and water supply scheme projects for govt. authorities., Road and Allied works.
The company has more than 57 engineers and other third party consultants. It is currently maintaining 13 projects itself and 5 Operations and management processes across 5 states.

CONS

The company works in a highly competitive segment.

EMS Limited IPO Application Process with Zerodha

It is very easy to apply for an IPO now if you have a DEMAT account with Zerodha. Follow the steps below for the same :

Logging into Zerodha console through its website or KITE platform. Clicking the IPO section present in the ORDER tab.
Click the EMS Limited IPO button and press the BID button.
Entering the details asked for like UPI ID, Quantity and price.
Submit the application form for the IPO.
Visiting the application of UPI for approving the transaction.

Now, applying for an IPO online is possible with most of the Discount and online brokers.

dhairya@socialcoffee.in