eMudhra IPO date is fixed, the IPO is to open on May 20 and will close on May 24, 2022. eMudhra & Tubes IPO to raise around ₹412 crores via IPO that comprises fresh issue of ₹161 crores and offer for sale up to 9,835,394 equity shares of ₹5 each. The retail quota is 35% while QIB is 50% and HNI is 15%.
Incorporated in 2008, eMudhra Limited is a Certifying Authority (CA) authorized by the Controller of Certifying Authority (CCA) for the issuance of Digital Signature Certificates in India. They are India’s largest licensed Certifying Authority. They are doing two types of business that includes Digital Trust Services and Enterprise Solutions. The company issued 50mn+ Certificates Issued as per ET 500 rankings for 2020. The company’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 (Economic Times in Financial Year 2020).
They provide services in 3 segments that are Trust Services, Data Analytics, and Cyber Security. The services include individual certificates, organizational certificates, digital signature certificates, SSL certificates, TLS certificates, device certificates, digital security, paperless transformation solutions, mobile application security, website security, and IT policy assessment. eMudhra helps enterprises large and small build seamless digital and paperless experiences with their clients for data and document movement through a combination of our document processing automation, AI, and data security platforms while leveraging our global trust services infrastructure. The client’s list includes Infosys, LTI, Tata, THALES, BTC, Aditya Birla, DB SCHENKER, Mashreq, Choma MS General Insurance, JSW, Bharti AXA, etc. You can check eMudhra IPO subscription status and eMudhra IPO allotment status on their respective pages.
eMudhra IPO Important Details:
- India’s Largest licensed Certifying Authority in India.
- eMudhra is the largest Certifying Authority in India as per Frost and Sullivan’s report.
- eMudhra remains the largest CA in India with 37.9% market share in the Digital Signature Certificates market space in FY 2021
- company has grown at 19.6% in FY 2021 (based on eMudhra’s financial reporting) as against a market average of 15.1% at the OEM level.
- The high growth has enabled eMudhra to improve on its earlier market share of 36.5% in FY 2020.
- eMudhra works with Governments and Banks across the world on their paperless transformation journey.
- It issued over 50mn digital identities and has enterprise customers in over 21 countries that use its identity, authentication, and paperless platforms.
eMudhra IPO Review (Good or Bad)
- May Apply
Brokerage Firm IPO Review
- Capital Market: Neutral
- Choice Equity Broking: Apply with Caution
- Hem Securities: Apply
- Jainam Broking: Apply
- SBICAP Securities: Apply
eMudhra IPO Date & Price Band
|eMudhra IPO Open:||May 20, 2022|
|eMudhra IPO Close:||May 24, 2022|
|eMudhra IPO Size:||Approx ₹412 Crores|
|Fresh Issue:||Approx ₹161 Crores|
|Offer for Sale:||Approx 9,835,394 Equity Shares|
|Face Value:||₹5 Per Equity Share|
|eMudhra Price Band:||₹243 to ₹256 Per Share|
|eMudhra Listing on:||BSE & NSE|
|DRHP Draft Prospectus:||Click Here|
|RHP Draft Prospectus:||Click Here|
|Anchor Investors List:||Click Here|
eMudhra IPO Lot Size
The eMudhra IPO minimum market lot is 58 shares with ₹14,848 application amount. The retail investors can apply up to 13 lots with 754 shares or ₹193,024 amount.
|Minimum Lot Size:||Minimum 58 Shares for 1 lot|
|Minimum Amount:||₹14,848 for 1 lot|
|Maximum Lot Size:||Maximum 754 Shares for 13 lot|
|Maximum Amount:||₹193,024 for 13 lot|
eMudhra IPO Allotment & Listing Dates
The eMudhra IPO date is May 20 and the close date is May 24. The eMudhra IPO allotment will be finalized on May 27 and the IPO listing on June 01.
|Price Band Announcement:||May 12, 2022|
|Anchor Investors Allotment:||May 19, 2022|
|eMudhra IPO Open Date:||May 20, 2022|
|eMudhra IPO Close Date:||May 24, 2022|
|Basis of Allotment:||May 27, 2022|
|Refunds:||May 30, 2022|
|Credit to Demat Account:||May 31, 2022|
|eMudhra IPO Listing Date:||June 01, 2022|
eMudhra IPO Form
How to apply for the eMudhra IPO? You can apply for eMudhra IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the eMudhra IPO in the Invest section. The other option is you can apply for eMudhra IPO via IPO forms download via NSE and BSE. Check out the eMudhra forms – Click BSE Forms & NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.
eMudhra Company Financial Report
|₹ in Crores|
eMudhra IPO Valuation – FY2021
Check eMudhra IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
|Earning Per Share (EPS):||₹2.49 per Equity Share|
|Price/Earning P/E Ratio:||N/A|
|Return on Net Worth (RoNW):||16.26%|
|Net Asset Value (NAV):||₹15.30 per Equity Share|
- There are no listed companies in India that are comparable in all aspects of business and services that they provide. Accordingly, it is not possible to provide an industry comparison in relation to the Company.
- Venkatraman Srinivasan
- Taarav Pte. Limited
eMudhra IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
eMudhra IPO Allotment Status Check
Check eMudhra IPO allotment status on Linkintime website allotment URL. Click Here
eMudhra IPO Lead Managers
- IIFL Securities Ltd
- Yes Securities (India) Limited
- Indorient Financial Services Ltd
Sai Arcade, 3rd Floor,
No. 56 Outer Ring Road, Devarabeesanahalli,
Phone: 080-4227 5300
Email: [email protected]