eMudhra IPO Date, Review, Price, Allotment & Analysis

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 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.

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

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).