EMS IPO Subscription Details

Bookbuilding IPO | ₹321 Cr | Listed at BSE, NSE | Fri, Sep 8, 2023 - Tue, Sep 12, 2023

Basis of Allotment - EMS IPO

Category QIB NII Retail Total
Ex. Anchor Anchor Investor Total QIB Below ₹10L Above ₹10L Total NII
Allocation (No. of shares)30,44,98645,67,47676,12,4627,61,24715,22,49222,83,73953,28,7241,52,24,925
Allotment price (Rs.)211211211211211211211211
No.of applications8769363,43724,42587,86217,83,51118,71,466
No.of shares applied45,44,29,99047,08,62045,91,38,6106,52,95,72012,59,87,89019,12,83,61015,60,44,49080,64,66,710
Amount collected (Rs.cr.)9,588.47 99.35 9,687.82 1,377.74 2,658.34 4,036.08 3,292.54 17,016.45
No.of times subscribed149.241.0360.3185.7782.7583.7629.2852.97
No.of shares allotted30,44,98645,67,47676,12,4627,61,24715,22,49222,83,73953,28,7241,52,24,925
Amount (Rs.cr.)64.25 96.37 160.62 16.06 32.12 48.19 112.44 321.25
No.of allottees876937761,5532,32976,12478,546

IPO Shares Offered

EMS IPO is a public issue of 1.52 Cr equity shares. The issue offers 0.53 Cr shares to retail investors, 0.76 Cr shares to qualified institutional buyers, and 0.23 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
QIB 76,12,462160.62 50.00%
    Anchor 45,67,476 96.37 30.00%
    QIB (Ex Anchor) 30,44,986 64.25 20.00%
NII 22,83,73948.19 15.00%
    bNII (> ₹10L)15,22,49232.12 10.00%
    sNII (< ₹10L)7,61,24716.06 5.00%
Retail53,28,724112.44 35.00%
Total1,52,24,925321.25 100%

EMS IPO Anchor Investor Allocation

A total of 45,67,476 shares at a price of Rs 211 per share will be allotted to the anchor investors.

Anchor investors bid opening dateSep 07, 2023
Anchor investor price₹211.00
Anchor investors as % of QIBs60.00%
No. of shares locked-in for 30 days22,83,738
No. of shares locked-in for 90 days22,83,738
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 NAV CAPITAL VCC-NAV CAPITAL EMERGING STAR FUND NAV CAPITAL 11,06,420 23.35 24.22 7.27
2 ABAKKUS DIVERSIFIED ALPHA FUND ABAKKUS 9,47,940 20.00 20.75 6.23
3 SAINT CAPITAL FUND SAINT CAPITAL 7,11,176 15.01 15.57 4.67
4 MERU INVESTMENT FUND PCC-CELL 1 MERU INVESTMENT 7,10,990 15.00 15.57 4.67
5 BOFA SECURITIES EUROPE SA-ODI BOFA SECURITIES 7,10,990 15.00 15.57 4.67
6 MORGAN STANLEY ASIA (SINGAPORE) PTE. MORGAN STANLEY 3,79,960 8.02 8.32 2.50
45,67,47696.3710030.00

IPO Subscription FAQs

The EMS IPO is subscribed 76.21 times by Sep 12, 2023 18:32.

EMS IPO Subscription

Investor Category Subscription (times)
Qualified Institutional149.98
Non Institutional84.39
Retail Individual30.55
Total Subscription76.21

Retail category of EMS IPO subscribed 30.55 times as of date Sep 12, 2023 18:32. The public issue closes on Tue, Sep 12, 2023 for bidding.

An investor can apply in EMS IPO online via bank (using ASBA) or the broker (using UPI). The EMS IPO shares are offered online only.

The EMS IPO is subscribed 76.21 times by Sep 12, 2023 18:32.

The EMS IPO allotment status is expected on or around Friday, September 15, 2023. Visit EMS IPO allotment status to check.

The EMS IPO listing date is September 21, 2023. The equity share of EMS IPO will list on BSE, NSE.

Visit EMS IPO subscription status page for real-time bidding information about EMS IPO.

EMS IPO Timetable

IPO opens OnFriday, September 8, 2023
IPO Closes OnTuesday, September 12, 2023
Finalisation of Basis of AllotmentFriday, September 15, 2023
Initiation of RefundsMonday, September 18, 2023
Credit of Shares to Demat AccountWednesday, September 20, 2023
IPO Listing DateThursday, September 21, 2023
Open an Instant Account with Zerodha