► Upstox (₹20/trade)

eMudhra IPO Date, Review, Price, Allotment & Analysis

Table of Contents

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

    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
     Retail Quota: 35%
     QIB Quota: 50%
     NII Quota: 15%
     Discount: N/A
     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
    RevenueExpensePAT
    2019₹102₹78₹17.44
    2020₹117₹94₹18.42
    2021₹132₹101₹25.36
    2022 9M
    ₹138₹102₹30.34

    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

    Peer Group

    • 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.

    Company Promoters

    • Venkatraman Srinivasan
    • Taarav Pte. Limited

    eMudhra IPO Registrar

    Link Intime India Private Ltd
    Phone: +91-22-4918 6270
    Email: [email protected]
    Website: https://linkintime.co.in/

    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

    Company Address

    eMudhra Limited
    Sai Arcade, 3rd Floor,
    No. 56 Outer Ring Road, Devarabeesanahalli,
    Bengaluru 560103,
    Phone: 080-4227 5300
    Email: [email protected]
    Website: https://www.emudhra.com/index.jsp

    eMudhra IPO FAQs

    What is eMudhra IPO?

    eMudhra IPO is a main-board IPO. They are going to raise ₹412 Crores via IPO. The issue is priced at 243 to 256 per equity share. The IPO is to be listed on BSE & NSE.

    When eMudhra IPO will open?

    The IPO is to open on May 20, 2022 for QIB, NII, and Retail Investors.

    What is eMudhra IPO Investors Portion?

    The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

    How to Apply the eMudhra IPO?

    You can apply eMudhra IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

    How to Apply the eMudhra IPO through Zerodha?

    Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “eMudhra”. Click on Bid Button. Enter your UPI ID, Quantity and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

    How to Apply the eMudhra IPO through Upstox?

    Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “eMudhra”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

    How to Apply the eMudhra IPO through Paytm Money?

    Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “eMudhra”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

    What is eMudhra IPO Size?

    eMudhra IPO size is ₹412 crores.

    What is eMudhra IPO Price Band?

    eMudhra IPO Price Band is ₹243 to ₹256.

    What is eMudhra IPO Minimum and Maximum Lot Size?

    The minimum bid is 58 Shares with ₹14,848 amount while the maximum bid is 754 shares with ₹193,024.

    What is the eMudhra IPO Allotment Date?

    eMudhra IPO allotment date is May 27, 022.

    What is the eMudhra IPO Listing Date?

    eMudhra IPO listing date is June 01, 022. The IPO is to list on BSE and NSE.

    Note: The eMudhra IPO price band and date are announced officially announced. The IPO grey market premium (eMudhra IPO Premium) will be added to the IPO grey market page as it will start).


    Follow IPO Watch for the Upcoming IPO news and their reviews, also keep following us on TwitterFacebook, and Instagram. For our latest videos, subscribe to our YouTube channel.
    Share the Post:
    Facebook
    Twitter
    LinkedIn

    Leave a Reply

    Your email address will not be published. Required fields are marked *