EMS Limited IPO GMP, Price, Subscription Status, Review and Full Detail
Hello there! If you’re curious about the EMS Limited IPO and want to know what’s happening with it, you’ve come to the right place. In this article, we’ll talk about the EMS IPO’s Grey Market Premium (GMP), its price, how many people are interested in it (subscription status), what experts think about it (review), and we’ll give you all the important details you need to know. So, let’s get started and make understanding the EMS Limited IPO a breeze!
EMS Limited IPO
EMS Limited, a company specializing in water and wastewater management solutions, has generated significant buzz with its IPO. Priced between ₹200 to ₹211 per share, this IPO aims to raise ₹320-321 crore. On the first day of bidding, it received robust subscription, reflecting strong investor interest. EMS Limited’s revenue growth is expected to stabilize at around 25% after a remarkable 50% increase in the previous fiscal year, attributed to the removal of government restrictions. With a promising order book and plans to secure more projects, EMS Limited’s IPO is closely watched by investors seeking opportunities in the water management sector.
EMS Limited IPO Detail
| Overview | EMS IPO |
|---|---|
| Category | IPO |
| IPO Price Range | ₹200 to ₹211 per share |
| IPO Total Issue Size | ₹321.24 Crores |
| Fresh Issue Size | ₹146.24 Crores |
| Offer for Sale Size | ₹175.00 Crores |
| Lot Size | 70 Shares |
| Minimum Investment | ₹14,000 (for 70 shares) |
| Subscription Status | Oversubscribed 15.22 times |
| Retail Subscription | 17.00 times |
| NII Subscription | 30.46 times |
| QIB Subscription | 0.65 times |
| Listing Date | September 21, 2023 |
| Registrar | KFin Technologies Limited |
| IPO Category | Book Built Issue IPO |
| Listing Exchanges | BSE, NSE |
EMS Limited IPO GMP
The GMP for the EMS Limited IPO is ₹125. This means that shares of EMS Limited are trading at a premium of ₹125 in the unofficial market, where shares are bought and sold before they officially list on the stock exchange. It’s a sign that there’s strong demand for these shares among investors even before they become publicly available for trading. This can indicate positive sentiment around the IPO.
| Date | EMS IPO GMP |
|---|---|
| September 9 | ₹125 |
| September 10 | ₹120 |
| September 11 | ₹130 |
| September 12 | ₹135 |
EMS Limited IPO Price
The EMS IPO is priced in the range of ₹200 to ₹211 per share, requiring a minimum investment of ₹14,000 for 70 shares at the lower end of the price range. This minimum investment amount allows retail investors to participate in the offering and become shareholders of EMS Limited.
EMS IPO Lot Size
| Lot Size | Number of Shares |
|---|---|
| Retail (Min) | 1 Lot (70 Shares) |
| Retail (Max) | 13 Lots (910 Shares) |
| S-HNI (Min) | 14 Lots (980 Shares) |
| S-HNI (Max) | 67 Lots (4,690 Shares) |
| B-HNI (Min) | 68 Lots (4,760 Shares) |
EMS Limited IPO Subscription Status
EMS Limited IPO, highly sought-after, oversubscribed 15.22 times. Retail investors showed strong interest with 17.00 times subscription, reflecting high demand for shares in the water management sector.
| Category | Subscription (Times) | Shares Offered | Shares Bid For |
|---|---|---|---|
| Retail (RII) | 17.00 | 53,28,724 | 9,06,03,730 |
| Qualified Institutional Buyers (QIB) | 0.65 | 30,44,985 | 19,89,260 |
| Non-Institutional Investors (NII) | 30.46 | 22,83,739 | 6,95,64,040 |
| – Bids Above ₹10 Lakhs (bNII) | 25.85 | 15,22,493 | 3,93,59,250 |
| – Bids Below ₹10 Lakhs (sNII) | 39.68 | 7,61,246 | 3,02,04,790 |
| Total | 15.22 | 1,06,57,448 | 16,21,57,030 |
EMS Limited IPO Review
The EMS Limited IPO has garnered positive reviews, with experts highlighting the company’s strong order book and potential revenue growth. With a robust subscription rate, it indicates significant investor interest in the water and wastewater management sector. EMS Limited’s flexible project execution strategy and selective bidding for high-margin projects have also received favorable attention from reviewers, making it an IPO worth considering for long-term investors.
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EMS IPO Allotment Status
It is scheduled to be finalized on September 18, 2023. On this day, investors will discover if they have been allotted shares in the EMS IPO and how many shares they will receive. The allotment status provides crucial information about the outcome of their IPO applications, allowing investors to track their investments effectively. Both online and offline methods can be used to check the status, ensuring that investors stay informed about their allocation in the EMS Limited IPO.
EMS IPO Listing Date
The EMS Limited IPO is set to debut on the stock market, with a listing date scheduled for September 21, 2023. On this day, EMS Limited shares will officially become available for trading, marking the beginning of their journey as publicly traded stocks. Investors can start buying and selling EMS Limited shares on this date.
FAQ
1. What is the Grey Market Premium (GMP) for EMS Limited IPO?
- GMP for EMS Limited IPO is ₹125.
2. What is the price range of EMS IPO?
- The price range for EMS Limited IPO is ₹200 to ₹211 per share.
3. What is the lot size for EMS Limited IPO?
- The lot size for EMS IPO is 70 shares.
4. What is the minimum investment required for EMS Limited IPO?
- The minimum investment required is ₹14,000 for 70 shares.
5. How many times was EMS Limited IPO oversubscribed?
- EMS Limited IPO was oversubscribed 15.22 times.
6. What is the subscription status for retail investors in EMS Limited IPO?
- Retail investors showed strong interest with a subscription of 17.00 times.
7. When will the allotment status for EMS IPO be finalized?
- The allotment status will be finalized on September 18, 2023.
8. When is the listing date for EMS IPO?
- EMS Limited IPO is set to list on September 21, 2023.
9. What do experts say about EMS IPO?
- Experts have given positive reviews, citing a strong order book and potential growth.
10. How can I check my allotment status for EMS Limited IPO? – You can check your allotment status online through the KFintech website or through your bank’s net banking portal if you applied through ASBA.
