About EMS Limited IPO
Incorporated in 2010, EMS Limited is in the business of sewerage solutions, offering wastewater collection, treatment, and disposal services. The company also does the operation and maintenance of wastewater projects for government bodies. It bids for tenders issued by the Central Public Works Department, State Governments and Urban Local Bodies.
The company employs 61 engineers and houses a design, engineering, and construction team, making it a self-reliant business. The scope of its services includes designing and engineering projects, procurement of raw materials, execution at site, commissioning and maintenance of these plants for a certain period.
As of 31 July 2023, the company has 18 ongoing projects aggregating to ₹1,744 crore and five operation and maintenance projects aggregating to ₹99 crore. Company has joint ventures with several other companies, which helps it to bid and execute large projects.
Between FY21 and FY23, it has seen a CAGR growth of 17% in its revenue from operations. Meanwhile, its net profit rose 14% during the same period. Moreover, the government’s initiatives in the infrastructure sector and the country’s growing wastewater management requirement give it access to further growth opportunities.
And now, EMS Limited is coming out with its initial public offer (IPO). The IPO will be an offer for sale as well as a fresh issue. The money raised through the fresh issue will be utilised for funding capital expenditure and general corporate purposes. Its shares will be listed on the NSE and the BSE.
Here are key details about the EMS IPO:
A quick look at EMS Limited IPO’s strengths, risks and threats
Risks and threats
EMS Limited IPO details
| EMS Limited IPO date
According to the offer document filed by the company with the SEBI, the EMS IPO’s opening date – in other words, the EMS IPO launch date – will be 8th September 2023. The EMS IPO closing date is 12th September 2023. After this, investors will be updated about the allotment status on 15th September 2023.
Investors, who have been allotted shares, can expect them to be credited to their demat account on 20th September 2023. The EMS IPO listing date is 21st September 2023. The listing date is the date on which the shares of a company get listed on the bourses – NSE and BSE.
| EMS Limited IPO price band
The IPO is an offer for sale as well as a fresh issue. The EMS IPO price band has been set between ₹200 and ₹211 per share. Interested investors can choose a price within this band to apply for the IPO.
The EMS IPO listing price will be determined on 21st September 2023. The listing price is the price at which a company’s shares debut on the stock exchanges.
| EMS Limited IPO lot size
The EMS IPO details have been declared. The EMS IPO lot size is set at 70 shares and an investor can apply for a minimum of 1 lot. Meanwhile, the EMS IPO issue size is approx ₹321 crore.
How to pre-apply for the EMS Limited IPO?
You can pre-apply for the EMS Limited IPO on Upstox. The pre-application for this IPO, which means pre-apply open date, usually begins a day before the IPO opens for subscription.
Follow these steps to pre-apply for the IPO:
How to apply for the EMS Limited IPO?
If you are interested in this investment opportunity but unsure how to apply for the EMS Limited IPO, here we are listing out the steps for you.
When the public issue opens for subscription, one can follow this step-by-step guide on how to apply for the EMS Limited IPO on Upstox:
How to check the EMS Limited IPO allotment status?
When the allotment process is completed, you can check the status of your application on the Upstox app. Share allotment is generally done around five to six days after an IPO closes.
Here’s a step-by-step guide on how to check the EMS Limited IPO allotment status:
Open a demat account with Upstox to apply for the EMS Limited IPO
To apply for the EMS Limited IPO, you need to mandatorily have a demat account. A demat account helps you hold the shares you buy in a dematerialised format. If you don’t have a demat account yet, you can open one with Upstox by visiting our website or by downloading the app.
Here is a step-by-step guide on how to open a demat account with Upstox:
This is all it takes to open a demat account with Upstox. Easy and quick, right?
Upstox – trading app to apply for the EMS Limited IPO
Applying for IPOs with Upstox is extremely easy. The user-friendly interface and top-notch security make Upstox one of the leading trading apps in India.
You can apply for the EMS Limited IPO on Upstox, provided you have a demat account. As mentioned in the previous section, you can simply follow the steps to open a demat account with Upstox. The biggest advantage is that when you apply for an IPO using your Upstox account, the brokerage charges are zero.
In fact, courtesy of its robust features and minimal charges, Upstox is among the most preferred trading apps. Lakhs of Indians trust Upstox as it is a reliable trading platform that makes IPO applications easy.
Pre-applying for the EMS IPO means applying for this public issue before it goes live. Click here to pre-apply for the EMS IPO on Upstox.
You can pre-apply for the EMS IPO from 06 September 2023. Once the IPO goes live, you will receive a UPI mandate. Accept this to block the IPO application amount and successfully place your bid.
You can apply on Upstox’s website and app, once the EMS IPO opens for the subscription.
The EMS IPO launch date is 8th September 2023. The EMS IPO will be open for subscription till 12th September 2023.
The EMS lot size is 70 shares and the minimum investment required is ₹14,000.
The EMS IPO price band is ₹200 – ₹211 per share.
The size of the EMS IPO is approx. ₹321 crore.
You can place up to three bids for an application.
No, the bids have to be placed in one go. If you want to add an additional bid, then you would have to delete your application and re-apply.
If shares are allotted, then they will be credited to your demat account on 20th September 2023.
EMS shares will be on NSE and BSE.
EMS shares’ listing date is 21st September 2023.