Bookbuilding IPO | ₹76 Cr | Listed at NSE SME | Fri, Jan 17, 2025 - Tue, Jan 21, 2025
EMA Partners IPO is a book build issue of ₹76.01 crores. The issue is a combination of fresh issue of 0.53 crore shares aggregating to ₹66.14 crores and offer for sale of 0.08 crore shares aggregating to ₹9.87 crores.
EMA Partners IPO bidding started from Jan 17, 2025 and ended on Jan 21, 2025. The allotment for EMA Partners IPO was finalized on Jan 22, 2025. The shares got listed on NSE SME on Jan 24, 2025.
EMA Partners IPO price band is set at ₹124 per share. The lot size for an application is 1,000. The minimum amount of investment required by an retail is ₹1,24,000 (1000 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (2,000 shares), amounting to ₹2,48,000.
Indorient Financial Services Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Alacrity Securities Ltd..
Refer to EMA Partners IPO RHP for detailed Information.
IPO Open
Fri, Jan 17, 2025
IPO Close
Tue, Jan 21, 2025
Issue Price
₹124 per share
Market Cap (Pre-IPO)
₹288.26 Cr
| IPO Date | 17 to 21 Jan, 2025 |
| Listed on | Fri, Jan 24, 2025 |
| Face Value | ₹5 per share |
| Price Band | ₹117 to ₹124 |
| Issue Price | ₹124 per share |
| Lot Size | 1,000 Shares |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Total Issue Size | 61,30,000 shares (agg. up to ₹76 Cr) |
| Reserved for Market Maker | 3,07,000 shares Alacrity Securities Ltd. (agg. up to ₹4 Cr) |
| Fresh Issue (Ex Market Maker) | 50,27,000 shares (agg. up to ₹62 Cr) |
| Offer for Sale | 7,96,000 shares of ₹5 (agg. up to ₹10 Cr) |
| Net Offered to Public | 58,23,000 shares (agg. up to ₹72 Cr) |
| Share Holding Pre Issue | 1,79,12,426 shares |
| Share Holding Post Issue | 2,32,46,426 shares |
| NSE Symbol | EMAPARTNER |
| ISIN | INE0ZOL01023 |
EMA Partners IPO comprises a total issue size of 61,30,000 shares. The net offer to the public is 58,23,000 shares, after excluding 3,07,000 shares allotted on a firm basis. Of the Net offer 29,10,000 (49.97%) are allocated to QIB, 8,74,000 (15.01%) allocated to NII 20,39,000 (35.02%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB Shares Offered | 29,10,000 | 49.97% | 47.47% |
| − Anchor Investor Shares Offered | 17,46,000 | 28.48% | |
| − QIB (Ex. Anchor) Shares Offered | 11,64,000 | 18.99% | |
| NII (HNI) Shares Offered | 8,74,000 | 15.01% | 14.26% |
| Retail Shares Offered | 20,39,000 | 35.02% | 33.26% |
| Firm Reservations | |||
| Market Maker Shares Offered | 3,07,000 | 5.01% | |
| Total Shares Offered | 61,30,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 1,000 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1,000 | ₹1,24,000 |
| Retail (Max) | 1 | 1,000 | ₹1,24,000 |
| HNI (Min) | 2 | 2,000 | ₹2,48,000 |
EMA Partners IPO raises ₹21.65 crore from anchor investors. EMA Partners IPO Anchor bid date is January 16, 2025.
📝 Anchor Investors Letter (PDF)
| Bid Date | Thu, Jan 16, 2025 |
| Shares Offered | 17,46,000 |
| Anchor Portion (₹ Cr.) | 21.65 |
| Anchor lock-in period end date for 50% shares (30 Days) | Fri, Feb 21, 2025 |
| Anchor lock-in period end date for remaining shares (90 Days) | Tue, Apr 22, 2025 |
Incorporated in 2003, EMA Partners India Limited is an executive search firm offering specialized hiring solutions.
The company provides various leadership hiring solutions to clients across various sectors, successfully recruiting business and functional leaders globally.
The company offers two services:
The company Headquartered in Mumbai, the company expanded globally with subsidiaries in Singapore (2010), Dubai (EMA Partners, 2017), and Dubai (James Douglas, 2022) to access global talent.
EMA Partners India oversees the company and its subsidiaries in India, Singapore, and Dubai, specializing in C-suite and board-level hiring. James Douglas focuses on mid-to-senior-level recruitment across industries. MyRCloud is an AI-driven platform for efficient entry and middle management hiring, streamlining recruitment processes.
Competitive Strengths
As of November 30, 2024, the company had 117 full-time employees.
| Period Ended | 31 Jul 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 75.05 | 76.59 | 53.26 | 58.50 |
| Total Income | 26.33 | 68.83 | 51.06 | 57.87 |
| Profit After Tax | 4.37 | 14.27 | 3.07 | 11.27 |
| NET Worth | 57.83 | 53.74 | 39.46 | 38.88 |
| Reserves and Surplus | 58.06 | 53.97 | 39.93 | 39.39 |
| Total Borrowing | 7.24 | 7.58 | 0.56 | 3.90 |
| Amount in ₹ Crore | ||||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Augmenting Leadership Team for (a) the Company and (b) its subsidiaries | 2.83 |
| 2 | Capital expenditure towards upgrading the existing IT infrastructure for (a) the Company and (b) its subsidiaries | 1.15 |
| 3 | Repayment and/or pre-payment, in full, of the borrowing availed by our Company with respect to purchase of office premises | 5.43 |
| 4 | General Corporate Purposes and unidentified inorganic acquisitions | 22.07 |
| KPI | Mar 31, 2024 |
|---|---|
| RoNW | 30.63% |
| PAT Margin | 20.74% |
| Price to Book Value | 3.92 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 7.97 | 5.64 |
| P/E (x) | 15.56 | 21.98 |
| Promoter Holding | 86.14% | 63.27% |
| Market Cap | ₹288.26 Cr. |
The EMA Partners IPO is subscribed 221.06 times on January 21, 2025 6:19:59 PM (Day 3). The public issue subscribed 167.35 times in the retail category, 147.69 times in the QIB category, and 444.08 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for | Total Application |
|---|---|---|---|---|
| QIB | 147.69 | 11,64,000 | 17,19,13,000 | 118 |
| NII* | 444.08 | 8,74,000 | 38,81,30,000 | 29,057 |
| Retail | 167.35 | 20,39,000 | 34,12,19,000 | 3,41,219 |
| Total | 221.06 | 40,77,000 | 90,12,62,000 | 3,70,394 |
Total Application : 3,70,394
*Market Maker portion is not included to NII/HNI.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Book Running Lead Manager fees [including underwriting] | 5.55 |
| 2 | Brokerage, selling commission and other uploading fees(1)(2)(3) | 0.18 |
| 3 | Fees payable to Registrar to the Offer | 0.06 |
| 4 | Fees to the legal advisor, audit / chartered accountant fees | 0.57 |
| 5 | Advertising and marketing expenses | 0.82 |
| 6 | Fees payable to regulators including stock exchange | 0.04 |
| 7 | Printing and distribution expenses | 0.03 |
| 8 | Fees payable to Industry Report provider | 0.05 |
| 9 | Miscellaneous (includes fees for monitoring agency, company secretarial support services availed during the Offer) | 0.37 |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹124.00 |
| Open | ₹156.50 |
| Low | ₹148.70 |
| High | ₹158.80 |
| Last Trade | ₹148.70 |
Lead Manager Reports
EMA Partners IPO is a SME IPO of 61,30,000 equity shares of the face value of ₹5 aggregating up to ₹76 Crores. The issue is priced at ₹124 per share. The minimum order quantity is 1000.
The IPO opens on Fri, Jan 17, 2025, and closes on Tue, Jan 21, 2025.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in EMA Partners IPO using UPI as a payment gateway. Zerodha customers can apply in EMA Partners IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in EMA Partners IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The EMA Partners IPO opens on Fri, Jan 17, 2025 and closes on Tue, Jan 21, 2025.
EMA Partners IPO lot size is 1000, and the minimum amount required for application is ₹1,24,000.
You can apply in EMA Partners IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for EMA Partners IPO will be done on Wednesday, January 22, 2025, and the allotted shares will be credited to your demat account by Thu, Jan 23, 2025. Check the EMA Partners IPO allotment status.
The EMA Partners IPO listing date is on Fri, Jan 24, 2025.
