Emiac Technologies IPO Details

Bookbuilding IPO | ₹32 Cr | Listing at BSE SME | Fri, Mar 27, 2026 - Wed, Apr 8, 2026 P

Emiac Technologies IPO Logo

Emiac Technologies IPO is a book build issue of ₹31.75 crores. The issue is entirely a fresh issue of 0.32 crore shares of ₹31.75 crore.

Emiac Technologies IPO opens for subscription on Mar 27, 2026 and closes on Apr 8, 2026. The allotment for the Emiac Technologies IPO is expected to be finalized on Apr 9, 2026. Emiac Technologies IPO will list on the BSE SME with a tentative listing date fixed as Apr 13, 2026.

Emiac Technologies IPO is set issue price band at ₹93 to ₹98 per share. The lot size for an application is 1,200 shares. The minimum amount of investment required by an individual investor (retail) is ₹1,17,600 (2,400 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (3,600 shares), amounting to ₹3,52,800.

Smart Horizon Capital Advisors Pvt.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 Shreni Shares Ltd..

Refer to Emiac Technologies IPO RHP for detailed Information.

IPO Open

Fri, Mar 27, 2026

IPO Close

Wed, Apr 8, 2026

Issue Price

₹98 per share

Market Cap (Pre-IPO)

₹119.98 Cr

IPO Details

IPO Date27 Mar to 8 Apr, 2026
Listing DateMon, Apr 13, 2026T
Face Value10 per share
Price Band₹93 to ₹98
Issue Price₹98 per share
Lot Size1,200 Shares
Sale TypeFresh capital only
Issue TypeBookbuilding IPO
Listing AtBSE SME

Total Issue Size32,40,000 shares
(agg. up to ₹32 Cr)
Reserved for Market Maker
1,68,000 shares
(agg. up to ₹2 Cr)
Shreni Shares Ltd.
Fresh Issue
(Ex Market Maker)
30,72,000 shares
(agg. up to ₹30 Cr)
Net Offered to Public30,72,000 shares
(agg. up to ₹30 Cr)
Share Holding Pre Issue90,03,149 shares
Share Holding Post Issue1,22,43,149 shares

IPO Timetable (Tentative)

Issue Reservation

Emiac Technologies IPO comprises a total issue size of 32,40,000 shares. The net offer to the public is 30,72,000 shares, after excluding 1,68,000 shares allotted on a firm basis. Of the Net offer 15,12,000 (49.22%) are allocated to QIB, 4,68,000 (15.23%) allocated to NII 10,92,000 (35.55%) allocated to RII.

Investor Category Shares Offered % of Net Issue% of Total Issue
QIB Shares Offered 15,12,00049.22%46.67%
  − Anchor Investor Shares Offered 8,88,00027.41%
  − QIB (Ex. Anchor) Shares Offered 6,24,00019.26%
NII (HNI) Shares Offered 4,68,00015.23%14.44%
  − bNII > ₹10L 3,12,0009.63%
  − sNII < ₹10L 1,56,0004.81%
Retail Shares Offered 10,92,00035.55%33.70%
Firm Reservations
Market Maker Shares Offered 1,68,0005.19%
Total Shares Offered 32,40,000100.00%100.00%

IPO Lot Size

Investors can bid for a minimum of 2,400 shares and in multiples of 1,200 shares thereof. 

Application Lots Shares Amount
Individual investors (Retail) (Min) 2 2,400 ₹2,35,200
Individual investors (Retail) (Max) 2 2,400 ₹2,35,200
S-HNI (Min) 3 3,600 ₹3,52,800
S-HNI (Max) 8 9,600 ₹9,40,800
B-HNI (Min) 9 10,800 ₹10,58,400
IPO Subscription Details

IPO Anchor Investors

Emiac Technologies IPO raises ₹8.70 crore from anchor investors. Emiac Technologies IPO Anchor bid date is March 25, 2026.
📝 Anchor Investors Letter (PDF)

Bid DateWed, Mar 25, 2026
Shares Offered8,88,000
Anchor Portion (₹ Cr.)8.70
Anchor lock-in period end date for 50% shares (30 Days)Sat, May 9, 2026
Anchor lock-in period end date for remaining shares (90 Days)Wed, Jul 8, 2026

About Emiac Technologies Ltd.

Emiac Technology is a technology-driven company using AI to help brands grow through smart digital marketing solutions.

The company offers a full range of services, including content creation, branding, online reputation management, digital marketing, business automation, and technical support. By combining AI, automation, and creative thinking, it deliver personalized strategies that drive real results.

  • Content Creation: Content writing services like Blogs, articles, website copy, product descriptions, etc.
  • Branding & Online Reputation Management: Brand positioning and narrative building, PR campaigns, leadership content for LinkedIn, etc.
  • Digital Marketing: SEO audits, technical optimization, on page and off-page SEO, Paid campaigns, etc.
  • Technical Services and Business Automation: Inventory, logistics, operations automation, API integrations, etc.

In FY 25, the company derived 43.42% of revenues from the content creation segment, followed by 31.80% from branding & online reputation management, 14.75% from digital marketing, and 10.03% from technical service and business automation.

The company iis certified with ISO 10002:2018, ISO 9001:2015 and ISO/IEC 27001:2022. 

The company offers tailored solutions in sectors like digital marketing, BFSI, healthcare, IT, education, and automotive. They combine artificial intelligence, automation, and actionable insights with creative thinking to deliver performance-driven marketing for the digital age.

The company's services cover marketing, pre-sales, lead generation, branding, and communications, tailored to meet diverse client needs.

As of January 31, 2026, the company had 38 employees.

Competitive Strengths:

  • Diverse client base spread across various industries
  • Recurring and non-recurring, repeat revenues from long-standing client relationships
  • Experienced management team with proven project management and implementation skill
  • ROI-first, data-driven strategy
  • Transparent & scalable pricing models

Company Financials (Restated)

Period Ended30 Sep 202531 Mar 202531 Mar 202431 Mar 2023
Assets20.0816.943.191.51
Total Income14.4920.065.382.95
Profit After Tax4.554.220.840.39
EBITDA6.195.921.240.60
NET Worth13.579.031.310.47
Reserves and Surplus4.577.321.300.46
Total Borrowing1.300.010.000.00
Amount in ₹ Crore

IPO Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

# Issue Objects Est Amt (₹ Cr.)
1 Funding requirements towards Purchase of computers, laptops, other related accessories, Purchase of software subscriptions and cloud hosting 5.72
2 Funding Working Capital Requirements of the Company 8.80
3 Hiring of Manpower in the Company 5.42
4 Branding, Advertisement and Marketing activities and 3.90
5 General corporate purposes
Total 23.84

Key Performance Indicator (KPI)

KPISep 30, 2025Mar 31, 2025
ROE40.26%81.65%
ROCE40.91%63.52%
Debt/Equity0.09
RoNW33.52%46.74%
PAT Margin32.20%21.25%
EBITDA Margin43.81%29.83%
Price to Book Value1.32
Pre IPOPost IPO
EPS (₹)4.697.43
P/E (x)20.9113.19
Promoter Holding68%
Market Cap119.98 Cr.
Divya Gandotra, Shivam Bhateja and Dushyant Gandotra are the company promoters.
  • The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
  • The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2025 available in RHP.
  • The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of September 30, 2025 available in RHP.

IPO Review

[Dilip Davda]
ETL is an AI-based technology and digital solutions provider for empowering brands. The company posted growth in its top and bottom lines for the reported periods. Bumper performance outperforming segment from FY24 onwards raise eyebrows and concern over its sustainability. Based on its recent financial data, the issue appears aggressively priced. There is no harm in skipping this pricey and dicey offer.
Read detail review...

Emiac Technologies IPO Recommendations

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IPO Subscription Status

The Emiac Technologies IPO is subscribed 3.22 times on April 8, 2026 6:54:34 PM (Day 7). The public issue subscribed 3.74 times in the individual investors category, 1.02 times in the QIB category, and 4.96 times in the NII category. Check Day by Day Subscription Details (Live Status)

Category Subscription (x) Shares Offered Shares bid for Total Applications
QIB (Ex Anchor)1.026,24,0006,38,4000
NII* 4.964,68,00023,19,6000
    bNII (> ₹10L)5.673,12,00017,68,800
    sNII (< ₹10L)3.531,56,0005,50,800
Individual Investor3.7410,92,00040,82,4000
Total3.2221,84,00070,40,4001,940

Total Applications: 1,940

*Market Maker portion is not included to NII/HNI.

IPO Registrar

Bigshare Services Pvt.Ltd.

Contact Details

Emiac Technologies Ltd. Address
Plot No. 102, Maa Karni Nagar, Amrapali Marg,
Vaishali Nagar Extension, Panchyawala,
Jaipur, Rajasthan, 302034
Open an Instant Account with Zerodha

IPO FAQs

Emiac Technologies IPO is a SME IPO of 32,40,000 equity shares of the face value of ₹10 aggregating up to ₹32 Crores. The issue is priced at ₹98 per share. The minimum order quantity is 1200.

The IPO opens on Fri, Mar 27, 2026, and closes on Wed, Apr 8, 2026.

Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Zerodha customers can apply online in Emiac Technologies IPO using UPI as a payment gateway. Zerodha customers can apply in Emiac Technologies IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in Emiac Technologies IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Emiac Technologies IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. Submit IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The Emiac Technologies IPO opens on Fri, Mar 27, 2026 and closes on Wed, Apr 8, 2026.

Emiac Technologies IPO lot size is 1200, and the minimum amount required for application is ₹2,35,200, with 2 lots being the minimum application size.

You can apply in Emiac Technologies 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 Emiac Technologies IPO will be done on Thursday, April 9, 2026, and the allotted shares will be credited to your demat account by Fri, Apr 10, 2026. Check the Emiac Technologies IPO allotment status.

The Emiac Technologies IPO listing date is not yet announced. The tentative date of listing is Mon, Apr 13, 2026.

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