Founded in 2012 under the name EMS Infracon, EMS Limited IPO is actively involved in the provision of comprehensive services related to water and wastewater management, encompassing collection, treatment, and disposal.
The company specializes in delivering a wide spectrum of solutions, including sewerage systems, water supply infrastructure, water and wastewater treatment facilities, electrical transmission and distribution services, road construction, and associated projects. EMS Limited plays a crucial role in operating and maintaining Wastewater Scheme Projects (WWSPs) and Water Supply Scheme Projects (WSSPs) on behalf of government authorities and entities. WWSPs encompass the management of Sewage Treatment Plants (STPs), sewage network schemes, and Common Effluent Treatment Plants (CETPs). On the other hand, WSSPs involve the operation of Water Treatment Plants (WTPs), pumping stations, and the installation of water supply pipelines.
EMS Limited boasts its own skilled civil construction team, consisting of more than 57 engineers. These professionals are complemented by the expertise of third-party consultants and industry specialists.
As of March 24, 2023, EMS Limited is actively engaged in the operation and maintenance of 13 projects, which include WWSPs, WSSPs, STPs, and HAM (Hybrid Annuity Model) initiatives, with a combined value of Rs. 1,38,909.00 lakhs. Additionally, they are managing 5 Operation and Maintenance (O&M) projects valued at Rs. 9,928.00 lakhs. This represents the unbilled amount as of February 28, 2023, and these projects span across five different states.
EMS IPO Details #
EMS IPO is a Book Built Issue. The IPO total issue size is Rs 321.24 Cr. The EMS IPO price is ₹200 to ₹211 per share. The IPO will list on BSE, NSE.
| IPO Date | September 8, 2023 to September 12, 2023 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price | ₹200 to ₹211 per share |
| Lot Size | 70 Shares |
| Total Issue Size | 15,224,924 shares (aggregating up to ₹321.24 Cr) |
| Fresh Issue | 6,930,806 shares (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 | BSE, NSE |
| Share holding pre issue | 48,600,000 |
| Share holding post issue | 55,530,806 |
EMS IPO Reservation #
EMS IPO a total of 15,224,924 shares are offered. QIB: 3,044,985 (20.00%), RII: 5,328,724 (35.00%), NII: 2,283,739 (15.00%).
| Anchor Investor Shares Offered | 4,567,476 (30.00%) |
| QIB Shares Offered | 3,044,985 (20.00%) |
| NII (HNI) Shares Offered | 2,283,739 (15.00%) |
| Retail Shares Offered | 5,328,724 (35.00%) |
| Total Shares Offered | 15,224,924 (100%) |
EMS IPO Anchor Investors Details #
EMS IPO raises Rs 96.37 crore from anchor investors. EMS IPO Anchor bid date is September 7, 2023. EMS IPO Anchor Investors list
| Bid Date | September 7, 2023 |
| Shares Offered | 4,567,476 |
| Anchor Portion Size (In Cr.) | 96.37 |
| Anchor lock-in period end date for 50% shares (30 Days) | November 1, 2023 |
| Anchor lock-in period end date for remaining shares (90 Days) | January 29, 2024 |
EMS IPO Timetable (Tentative) #
EMS IPO opens on September 8, 2023, and closes on September 12, 2023.
| IPO Open Date | Friday, September 8, 2023 |
| IPO Close Date | Tuesday, September 12, 2023 |
| Basis of Allotment | Friday, September 15, 2023 |
| Initiation of Refunds | Monday, September 18, 2023 |
| Credit of Shares to Demat | Wednesday, September 20, 2023 |
| Listing Date | Thursday, September 21, 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on September 12, 2023 |
EMS IPO Lot Size #
The minimum lot size of this EMS IPO is 70 shares required is ₹14,770.
| 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 |
| Lot Size Calculator | |||
EMS IPO Promoter Holding #
Mr. Ramveer Singh and Mr. Ashish Tomar are the company’s promoters.
| Pre Issue Share Holding | 96.71% |
| Post Issue Share Holding |
Company Financials #
| 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 |
Key Performance Indicator #
| KPI | Values |
|---|---|
| Market Cap (₹ Cr.) | 1171.7 |
| ROE | 22.27% |
| ROCE | 28.26% |
| Debt/Equity | 0.09 |
| EPS (Rs) | 23.15 |
| RoNW | 22.31% |
Objects of the Issue #
The company intends to utilize the net proceeds from the issue towards the funding of the following objects:
- Funding of working capital requirements of the company; and
- General corporate purposes.
EMS IPO Subscription Status (Bidding Detail) #
The EMS IPO is subscribed 76.21 times on Sep 12, 2023 6:32:00 PM. The public issue subscribed 30.55 times in the retail category, 149.98 times in the QIB category, and 84.39 times in the NII category.
| Category | Subscription (times) |
|---|---|
| QIB | 149.98 |
| NII | 84.39 |
| bNII (bids above ₹10L) | 83.15 |
| sNII (bids below ₹10L) | 86.87 |
| Retail | 30.55 |
| Total | 76.21 |
Total Application : 2,393,087 (31.44 times)
EMS IPO Prospectus #
- EMS IPO DRHP
- EMS IPO RHP
- Anchor Investors in EMS IPO
Company Contact Information #
701, DLF Tower A,
Jasola
New Delhi-110025
Phone: +91 8826696627
Email: cs@ems.co.in
Website: https://ems.co.in/#
EMS IPO Registrar #
Phone: 04067162222, 04079611000
Email: ems.ipo@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/
EMS IPO Lead Manager(s) #
FAQs #
What services does EMS Limited provide? #
EMS Limited specializes in water and wastewater management services, including sewerage systems, water supply infrastructure, and treatment facilities, as well as electrical transmission, road construction, and related projects.
How many projects is EMS Limited currently involved in? #
As of March 24, 2023, EMS Limited is actively engaged in the operation and maintenance of 13 projects valued at Rs. 1,38,909.00 lakhs, including wastewater and water supply scheme projects, sewage treatment plants, and hybrid annuity model initiatives. Additionally, they are managing 5 Operation and Maintenance (O&M) projects valued at Rs. 9,928.00 lakhs.
What is the price range for the EMS Limited IPO? #
The EMS Limited IPO is priced between ₹200 to ₹211 per share.
What is the lot size for the EMS Limited IPO? #
The lot size for the EMS Limited IPO is 70 shares.
Who are the promoters of EMS Limited? #
Mr. Ramveer Singh and Mr. Ashish Tomar are the promoters of EMS Limited.
What is the key financial indicator for EMS Limited IPO? #
The Debt/Equity ratio for EMS Limited IPO is 0.09.
Please note that the information provided in the FAQs is based on the data available. For the latest updates and detailed information, please refer to the official sources and the prospectus.
