Exchanges
BSE, NSE
Industry
Waste Management
Issue
Book building

EMS IPO

₹279.90

+32.65% on listing

Listing-day close · NSE · 21 Sep 2023 · issue price ₹211

EMS’ ₹321 crore IPO was priced at ₹211 a share. It listed on the NSE on 21 Sep 2023 and closed its first day at ₹279.90, up 32.65% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Allotment
  4. Refunds
  5. Shares in demat
  6. Listing

Issue details

Issue size
₹321 Cr
Fresh issue
₹146 Cr
Offer for sale
₹175 Cr
Lot size
70 shares
Minimum investment
₹14,770
Face value
₹10
Registrar
Kfin Technologies

Subscription

EMS IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—52.97×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹1,172 Cr
P/E (post-issue)
10.8
ROE
22.27%
ROCE
28.26%
Debt to equity
0.09
PAT margin
20.18%
Promoter holding
96.71% → 69.79%

From the offer documents.

Listing

Listing date
21 Sep 2023
Issue price
₹211
Open
₹282.05
High
₹291.00
Low
₹268.00
Close
₹279.90

Listing day on the NSE. The close was +32.65% on the issue price.

EMSLIMITED share price today

FAQs

When did the EMS IPO open and close?

It opened on 8 Sep 2023 and closed on 12 Sep 2023.

What was the EMS IPO price?

The price band was ₹200–211 a share. The final issue price was ₹211.

What is the lot size and minimum investment?

One lot is 70 shares, ₹14,770 at ₹211 a share. Retail investors apply in whole lots.

How much did EMS raise?

₹321 crore: ₹146 crore of new shares and ₹175 crore offered by existing shareholders.

How many times was the EMS IPO subscribed?

52.97 times overall.

How did EMS list?

It listed on the NSE on 21 Sep 2023 at ₹282.05 and closed the day at ₹279.90, up 32.65% on the ₹211 issue price.

Who is the registrar of the EMS IPO?

Kfin Technologies handles the allotment, refunds and credit of shares.

For information only. Not investment advice or a research report.

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