eMudhra Limited IPO

Mainboard

IT sector

Listed On: Jun 1, 2022 at ₹ 270.0(NSE)

₹ 14848 /58 Shares

Check Allotment

Price Summary

Last Closing

856.10 (234.41%)

52 Week High

927.70

52 Week Low

415.00

Last Update

20-Sep-2024 3:30 PM

IPO Details

20 May, 2022

Open Date

24 May, 2022

Close Date

27 May, 2022

Allotment Date

01 Jun, 2022

Listing Date

Issue Price

₹243-256 per equity share

Face Value

₹5 Per Equity Share

Listing at Group

BSE, NSE

Registrar

Link Intime India Private Limited

List Price

270.0(NSE)

Listing Date

2022-06-01

Market Lot

58 Shares (₹14,848/-)

Lead Manager

IIFL Securities Limited, YES Securities (India) Limited, Indorient Financial Services Limited

Issue Size

Total ₹412.79 Crores Approx : Fresh Issue: ₹161 Crores + Offer for Sale : 9,835,394 Shares

Retail Portion

35% (Number of Retail Applications : 97,300 Approx)

Subscription

2.72 times

IPO Docs

DRHP RHP

IPO Subscription 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

Total No. of Applications: 218864 (Approx)

Valuations

Earnings Per Share (EPS)

₹2.19/-

P/E Ratio

116.71

RoNW

16.26%

Net Asset Value (NAV) - As on 31.12.21

₹20.02

Company Financials All values are in ₹ Cr.

	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 The 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)

Pre Issue Share Holding: 79.19%

Post Issue Share Holding: 61.03%

Company Promoter(s)

Venkatraman Srinivasan
Taarav Pte. Limited

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. 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 IPO price band is set between ₹243-256 per equity share.

Ans. To apply for eMudhra Limited IPO 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 allotment status for eMudhra Limited IPO here.