Business Standard

EMS Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

321.25 cr

Price Range (₹)

211

Lot Size

70

Min Investment (₹)

14,770.00

Listing Exchange

MumbaiNSE

Open Date

08-Sept-2023

Close Date

12-Sept-2023

Listing Date

21-Sept-2023

EMS Ltd News

    The Shares of EMS Ltd have now been listed.

    EMS Ltd IPO Details

    Initial public offer of up to 1,52,24,925* equity shares of face value of Rs. 10 each (Equity Shares) of EMS Limited (Company) for cash at a price of Rs. 211 per equity share (including a premium of Rs. 201 per equity share) (Offer Price) aggregating up to Rs. 146.24 crores through fresh issue of equity shares and an offer for sale (the Offer) of up to 82,94,118 equity shares aggregating up to Rs. 175.01 crores by Ramveer Singh (the Promoter Selling Shareholder) and the promoter selling shareholder are referred to as, the Selling Shareholder and such equity shares offered by the selling shareholder, the Offered Shares). The issue will constitute 27.42 % of the post-issue paid-up capital of the company. *Subject to finalization of basis of allotment. The company has, in consultation with the brlm, undertaken a pre-ipo placement of 16,00,000 equity shares at an issue price of Rs. 211 per equity share (including a premium of Rs. 201 per equity share) aggregating Rs. 33.76 crores. The size of the fresh issue of up to Rs. 180.00 crores has been reduced by Rs. 33.76 crores pursuant to the pre-ipo placement and the revised size of the fresh issue is up to Rs. 146.24 crores.

    Objective of issue

    Funding Working Capital Requirements of the Company. General Corporate Purposes.

    EMS Ltd Contact Details

    EMS Ltd, Karvy Selenium Tow-B, 31&32 Financial Dist, Nanakramguda, Hyderabad-500032

    Phone - 91-40-67162222

    Fax - 91-40-23001153/23420814

    Email - cs@ems.co.in

    Website - www.ems.co.in