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Open
20 May 2022
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Close
24 May 2022
3
Allotment
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Listing
Wed, Jun 1, 2022
Price Band
₹243 to ₹256
Issue Size
1,61,24,456 shares (agg. up to ₹413 Cr)
Lot Size
58 Shares
Listing Date
Wed, Jun 1, 2022
Latest GMP
₹0
Est. Gain
1%
✦ AI Insight
GMP Trend
31-05-2022₹0Est. ₹256+1%
30-05-2022₹0Est. ₹256+1%
27-05-2022₹0Est. ₹256+1%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.70x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Dec 2021 | 31 Mar 2021 | 31 Mar 2020 | 31 Mar 2019 |
|---|---|---|---|---|
| Assets | 254.11 | 191.91 | 158.71 | 119.52 |
| Total Income | 138.30 | 132.45 | 116.80 | 101.68 |
| Profit After Tax | 30.34 | 25.36 | 18.42 | 17.44 |
| EBITDA | 50.36 | 40.79 | 32.29 | 32.31 |
| NET Worth | 140.50 | 107.36 | 92.14 | 75.64 |
| Reserves and Surplus | 105.41 | 72.27 | 57.05 | 40.55 |
| Total Borrowing | 30.96 | 27.19 | 21.46 | 12.37 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Ekennis Software Service Ltd. | SME | ₹2.88 Cr | ₹72 | 11.4 | ₹84.00 | +16.67% | ₹73.30 (-4.99%) |
| Quadpro ITeS Ltd. | SME | ₹14.10 Cr | ₹20 | 68.96 | ₹19.85 | -0.75% | ₹2.40 (+0.00%) |
| Network People Services Technologies Ltd. | SME | ₹13.70 Cr | ₹80 | null | ₹79.90 | -0.12% | ₹1,579.90 (-3.00%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Repayment or pre-payment, in full or in part, of all or certain borrowings availed by the Company | 35.00 |
| 2 | Funding working capital requirements of the Company | 40.22 |
| 3 | Purchase of equipments and funding of other related costs for data centers proposed to be set-up in India and overseas locations | 46.36 |
| 4 | Funding of expenditure relating to product development | 15.03 |
| 5 | Investment in eMudhra INC for augmenting its business development, sales, marketing and other related costs for future growth | 15.27 |
| 6 | General corporate purposes | 0.32 |
About eMudhra IPO
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 Solu
Contact Details
eMudhra Ltd. AddressSai Arcade, 3rd FloorNo.56 Outer Ring Road, DevarabeesanahalliBengaluru, Karnataka, 560103080-4227 5300companysecretary@emudhra.comVisit Website