eMudhra Limited IPO
MainboardIT sector
Listed On: Jun 1, 2022 at ₹ 270.0(NSE)
₹ 14848 /58 Shares
Check Allotment20 May, 2022
Open Date24 May, 2022
Close Date27 May, 2022
Allotment Date01 Jun, 2022
Listing DatePrice Summary
Last Closing
593.75 (131.93%)52 Week High
1,000.0552 Week Low
580.55Last Update
19-Dec-2025 3:30 PMIPO Issue Details
- Issue Price ₹243-256 per equity share
- Face Value ₹5 Per Equity Share
- Issue Price Total ₹412.79 Crores Approx : Fresh Issue: ₹161 Crores + Offer for Sale : 9,835,394 Shares
- Listing at BSE, NSE
- List Price 270.0(NSE)
- Listing Date 2022-06-01
- Lead Manager IIFL Securities Limited, YES Securities (India) Limited, Indorient Financial Services Limited
- Registrar Link Intime India Private Limited
IPO Details
- Retail Portion 35% (Number of Retail Applications : 97,300 Approx)
IPO Details
The IPO of is priced at ₹243-256 per equity share, which has a face value of ₹5 Per Equity Share each, IPO bidding starts from May 20, 2022 and ends on May 24, 2022. The allotment for IPO will be finalized on May 27, 2022. IPO will be listed on BSE, NSE, with a tentative listing date fixed as Jun 1, 2022. The company shall list its equity shares on the BSE, NSE. Link Intime India Private Limited is the registrar of the issue.
The book-running lead manager for the IPO is/are IIFL Securities Limited, YES Securities (India) Limited, Indorient Financial Services Limited.
The IPO sets its price band at 243-256 for each share. A single application for eMudhra Limited IPO must contain at least 58 shares.
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IPO Subscription Analysis And Details
| As on | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 3,134,329 | 2,469,137 | 5,761,318 | 11,364,784 |
|
Day 1
20-05-22 05:00 PM
|
0.00 x | 0.04 | 0.85 x | 0.44 x |
|
Day 2
23-05-22 05:00 PM
|
0.25 x | 0.16 | 1.69 x | 0.96 x |
|
Day 3
24-05-22 05:00 PM
|
4.05 x | 1.28 | 2.61 x | 2.72 x |
Valuations
Company Financials
| 30-Sep-21 | 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |
|---|---|---|---|---|
| Assets | 238.27 | 191.91 | 158.71 | 119.51 |
| Revenue | 93.45 | 132.45 | 116.79 | 101.68 |
| Profit After Tax | 19.92 | 25.35 | 18.41 | 17.43 |
About Company
eMudhra Limited is India's largest licenced Certifying Authority (CA). The company's business is divided into two verticles Digital Trust Services and Enterprise Solutions. eMudhra Limited is engaged in the business of providing services like individual/organizational certificates, digital signature certificates, SSL/TLS certificates and device certificates, a portfolio of digital security and paperless transformation solutions, multi-factor authentication, mobile application security, website security testing, IT policy assessment, etc.
The company has strong digital signature certificate expertise and is the only Indian company to be directly recognised by renowned browsers and document processing software companies such as Microsoft, Mozilla, Apple, and Adobe, allowing it to sell digital identities to individuals and organisations worldwide and issue SSL/TLS certificates for website authentication.
The company has issued over 50 million digital signature certificates through the network of 88,457 channel partners spread across India. As of September 30, 2021, the company is serving 36,233 retail customers and 563 enterprises.
As of September 30, 2021, eMudhra's Enterprise Solutions are used by the top 10 banks, 6 top automotive companies and 19 top companies amongst the top 500 ranked companies in India by Economic Times in Financial Year 2020.
- Promoter(s)
Venkatraman Srinivasan
Taarav Pte. Limited
Pre Issue Share Holding : 79.19%
Post Issue Share Holding : 61.03%
IPO - Issue Objectives
Repayment or pre-payment, in full or in part, of all or certain borrowings availed by their Company
Funding working capital requirements of their Company
Purchase of equipment and funding of other related costs for data centers proposed to be set up in India and overseas locations
Funding of expenditure relating to product development
Investment in eMudhra INC for augmenting its business development, sales, marketing, and other related costs for future growth
General corporate purposes
IPO - Anchor Investors
eMudhra collects Rs 124 crore from anchor investors ahead of IPO
Aditya Birla Sun Life Mutual Fund (MF), Motilal Oswal MF, Nippon India MF, SBI MF, Baring Private Equity India, Hornbill Orchid India Fund, Pinebridge India Equity Fund and Abakkus Growth Fund are among the investors that participated in the anchor book.
The company has allocated 48,37,336 equity shares to anchor investors at Rs 256 per share, aggregating the transaction size to Rs 123.83 crore, according to a circular uploaded on BSE website.
IPO - FAQs
Ans. eMudhra Limited IPO is a Mainboard IPO. The issue is priced at ₹243-256 per equity share. The minimum order quantity is 58 Shares. The IPO opens on May 20, 2022, and closes on May 24, 2022. Link Intime India Private Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Ans. The eMudhra Limited IPO opens on May 20, 2022 and closes on May 24, 2022.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of eMudhra Limited IPO is Total ₹412.79 Crores Approx : Fresh Issue: ₹161 Crores + Offer for Sale : 9,835,394 Shares.
Ans. The eMudhra Limited IPO price band is set between ₹243-256 per equity share.
Ans. To apply for eMudhra Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find eMudhra Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of eMudhra Limited IPO is May 27, 2022.
Ans. The eMudhra Limited IPO will be listed on Jun 1, 2022.
Ans. Follow the steps to check the eMudhra Limited IPO allotment status online.
