7 things to know before EMS Limited IPO

IPO-EMS limited logo

Company Overview:

  • EMS Limited, formerly known as EMS Infracon, was incorporated in 2012.
  • The company is primarily engaged in providing services related to water and wastewater collection, treatment, and disposal.
  • The company’s IPO looks promising in the sense of the stats with regards to its Bidding status and GMP.

Services Offered:

  • EMS Limited offers a range of services, including sewerage solutions, water supply systems, water and waste treatment plants, electrical transmission and distribution, road construction, and allied works.
  • Additionally, the company is involved in the operation and maintenance of Wastewater Scheme Projects (WWSPs) and Water Supply Scheme Projects (WSSPs) for government authorities and bodies.
  • WWSPs encompass Sewage Treatment Plants (STPs) and Sewage Network Schemes, as well as Common Effluent Treatment Plants (CETPs).
  • WSSPs include Water Treatment Plants (WTPs), pumping stations, and the laying of pipelines for water supply.

Expert Team:

  • EMS Limited boasts its own civil construction team comprising over 57 engineers.
  • The company is further supported by third-party consultants and industry experts.

Project Portfolio:

  • As of March 24, 2023, EMS Limited is actively operating and maintaining 13 projects, including WWSPs, WSSPs, STPs, and HAM (Hybrid Annuity Model) projects.
  • These projects have a combined value of Rs. 1,38,909.00 lakhs.
  • Additionally, the company manages 5 Operation and Maintenance (O&M) projects with an aggregate value of Rs. 9,928.00 lakhs as of February 28, 2023.
  • These projects are spread across five states.

EMS Details

  • The EMS IPO is classified as a Book Built Issue.
  • The total issue size of the IPO is Rs 321.24 Crores.
  • The price range for the EMS IPO is set at ₹200 to ₹211 per share.
IPO DateSeptember 8, 2023 to September 12, 2023
Listing DateThursday, September 21, 2023
Face Value₹10 per share
Price₹200 to ₹211 per share
Lot Size70 Shares
Total Issue Size15,224,924 shares
(aggregating up to ₹321.24 Cr)
Fresh Issue6,930,806 shares
(aggregating up to ₹146.24 Cr)
Offer for Sale8,294,118 shares of ₹10
(aggregating up to ₹175.00 Cr)

EMS Timetable (Tentative)

IPO Open DateFriday, September 8, 2023
IPO Close DateTuesday, September 12, 2023
Basis of AllotmentFriday, September 15, 2023
Initiation of RefundsMonday, September 18, 2023
Credit of Shares to DematWednesday, September 20, 2022
Listing DateThursday, September 21, 2023
Cut-off time for UPI mandate confirmation5 PM on September 12, 2023

Key Performance Indicator

KPIValues
P/E (x)10.78
Market Cap (₹ Cr.)1171.7
ROE22.27%
ROCE28.26%
Debt/Equity0.09
EPS (Rs)23.15
RoNW22.31%

EMS IPO Lot Size

ApplicationLotsSharesAmount
Retail (Min)170₹14,770
Retail (Max)13910₹192,010
S-HNI (Min)14980₹206,780
S-HNI (Max)674,690₹989,590
B-HNI (Min)684,760₹1,004,360

EMS IPO Promoter Holding

Pre Issue Share Holding96.71%
Post Issue Share Holding
upside graph

Financials of the Company:

Period Ended31 Mar 202031 Mar 202131 Mar 202231 Mar 2023
Assets308.08378.31502.55638.72
Revenue332.36378.31363.10638.72
Profit After Tax72.4371.9178.93108.67
Net Worth229.99301.91380.18487.83
Reserves and Surplus218.24290.16368.43443.45
Total Borrowing14.803.163.7145.40
Amount in ₹ Crore

Objects of the Issue

  1. Funding of working capital requirements of the company; and
  2. General corporate purposes

EMS IPO Review (Apply)

The journey for EMS Limited wasn’t easy during the challenging years of FY21 and FY22, marked by the profound impact of the pandemic. But in the face of adversity, the company persevered. And now, in FY23, it’s shining brightly on the horizon, indicating a promising future.

With orders worth a staggering Rs. 1845 crores already in hand and many more in the pipeline, EMS is on the fast track to success. The management is driving the company forward with unwavering determination, and it’s a sight to behold.

For investors, this opportunity is a golden ticket. The issue is not just lucratively priced; it’s a gateway to potential rewards, whether you’re thinking short-term gains or long-term prosperity. EMS IPO Subscription Status (Bidding Detail)

  • In the retail category, the IPO has been subscribed 17.07 times, reflecting strong interest from individual investors.
  • In the Qualified Institutional Buyer (QIB) category, the subscription stands at 0.65 times.
  • In the Non-Institutional Investor (NII) category, the response is remarkable, with a subscription of 30.50 times.

EMS IPO GMP:

  • The last Grey Market Premium (GMP) for EMS IPO was ₹120, last updated on September 11th, 2023, at 08:26 PM.
  • With a price band of ₹211.00, the estimated listing price for EMS IPO is ₹331 (cap price + today’s GMP).
  • The expected percentage gain/loss per share is 56.87%.

Retail and Small HNI Subject to Sauda:

  • Retail investors have a subject to Sauda of ₹6400 for EMS IPO.
  • Small High Net Worth Individuals (HNI) have a subject to Sauda of ₹89600 for the IPO

check day by day GMP Details(Live Status)

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disclaimer:

The content provided here should not be interpreted as an invitation or solicitation to buy or sell securities, nor should it be regarded as guidance for such actions. All material presented is intended solely for educational and informational purposes and should not be utilized for making investment choices in any manner. It is imperative to recognize that any data shared here carries no intent to influence investment decisions. Any individual considering investment moves should first seek guidance from a qualified financial advisor, taking into account the particulars of their circumstances.

It is vital to underscore that any decisions based on the information shared here are undertaken at one’s own risk. As with all investments in the stock market, it’s important to acknowledge the inherent and unpredictable risks associated with such endeavors.

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