Incorporated in 2012, EMS Limited previously known as EMS Infracon, is engaged in the business of providing water and wastewater collection, treatment, and disposal services.
The company provides Sewerage solutions, Water Supply Systems, Water and Waste Treatment Plants, Electrical Transmission and Distribution, Road and Allied works, operation and maintenance of Wastewater Scheme Projects (WWSPs) and Water Supply Scheme Projects (WSSPs) for government authorities/bodies. WWSPs include Sewage Treatment Plants (STPs) along with Sewage Network Schemes and Common Effluent Treatment Plants (CETPs) and WSSPs include Water Treatment Plants (WTPs) along with pumping stations and laying of pipelines for the supply of water.
EMS Limited has its own civil construction team and employs over 57 engineers, supported by third-party consultants and industry experts.
As on March 24, 2023, EMS is operating and maintaining 13 projects including WWSPs, WSSPs, STPs & HAM aggregating Rs. 1,38,909.00 lakhs & 5 O&M projects aggregating to Rs. 9,928.00 lakhs i.e. unbilled amount as of February 28, 2023, spread across five states.
EMS IPO Details
EMS IPO is a Book Built Issue. The IPO total issue size is Rs 321.24 Cr. The EMS IPO price is ₹200 to ₹211 per share. The IPO will list on BSE, NSE.
| IPO Date | September 8, 2023 to September 12, 2023 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price | ₹200 to ₹211 per share |
| Lot Size | 70 Shares |
| Total Issue Size | [.] shares (aggregating up to ₹321.24 Cr) |
| Fresh Issue | [.] shares (aggregating up to ₹146.24 Cr) |
| Offer for Sale | 8,294,118 shares of ₹10 (aggregating up to ₹175.00 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 48,600,000 |
EMS IPO Reservation
| QIB Shares Offered | Not more than 50.00% of the Net offer |
| NII (HNI) Shares Offered | Not less than 15.00% of the Offer |
| Retail Shares Offered | Not less than 35.00% of the Offer |
EMS IPO Timetable (Tentative)
EMS IPO opens on September 8, 2023, and closes on September 12, 2023.
| IPO Open Date | Friday, September 8, 2023 |
| IPO Close Date | Tuesday, September 12, 2023 |
| Basis of Allotment | Friday, September 15, 2023 |
| Initiation of Refunds | Monday, September 18, 2023 |
| Credit of Shares to Demat | Wednesday, September 20, 2023 |
| Listing Date | Thursday, September 21, 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on September 12, 2023 |
EMS IPO Lot Size
The minimum lot size of this EMS IPO is 70 shares required is ₹14,770.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 70 | ₹14,770 |
| Retail (Max) | 13 | 910 | ₹192,010 |
| S-HNI (Min) | 14 | 980 | ₹206,780 |
| S-HNI (Max) | 67 | 4,690 | ₹989,590 |
| B-HNI (Min) | 68 | 4,760 | ₹1,004,360 |
| Lot Size Calculator |
EMS IPO Promoter Holding
Mr. Ramveer Singh and Mr. Ashish Tomar are the company’s promoters.
| Pre Issue Share Holding | 96.71% |
| Post Issue Share Holding |
Company Financials
| Period Ended | 31 Mar 2020 | 31 Mar 2021 | 31 Mar 2022 | 31 Mar 2023 |
| Assets | 308.08 | 378.31 | 502.55 | 638.72 |
| Revenue | 332.36 | 336.18 | 363.10 | 543.28 |
| Profit After Tax | 72.43 | 71.91 | 78.93 | 108.67 |
| Net Worth | 229.99 | 301.91 | 380.18 | 487.83 |
| Reserves and Surplus | 218.24 | 290.16 | 368.43 | 443.45 |
| Total Borrowing | 14.80 | 3.16 | 3.71 | 45.40 |
Amount in ₹ Crore
Key Performance Indicator
EMS IPO Market Cap is Rs 1171.7 Cr and P/E (x) is 10.78.
| KPI | Values |
|---|---|
| P/E (x) | 10.78 |
| Market Cap (₹ Cr.) | 1171.7 |
| ROE | 22.27% |
| ROCE | 28.26% |
| Debt/Equity | 0.09 |
| EPS (Rs) | 23.15 |
| RoNW | 22.31% |
Check EMS IPO Peer Comparison here.
Objects of the Issue
The company intends to utilize the net proceeds from the issue towards the funding of the following objects:
- Funding of working capital requirements of the company; and
- General corporate purposes.
EMS IPO Prospectus
Company Contact Information
EMS Limited
701, DLF Tower A,
Jasola
New Delhi-110025
Phone: +91 8826696627
Email: cs@ems.co.in
Website: https://ems.co.in/#
EMS IPO Registrar
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: ems.ipo@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/