- EMA Partners IPO to raise Rs 76.01 crores, with a price band of ₹117-₹124 per share.
- Subscription period from January 17 to January 21, 2025, and tentative listing date of January 24, 2025.
- The company plans to use the IPO funds for leadership expansion, IT upgrades, and debt repayment.
- Retail investors can invest a minimum of ₹1,24,000 for 1,000 shares.
- EMA Partners has an established presence globally and provides executive search services to top clients.
EMA Partners India Limited, an executive search firm specializing in leadership hiring solutions, has announced its Initial Public Offering (IPO), aiming to raise Rs 76.01 crores. The IPO, which opens for subscription on January 17, 2025, and closes on January 21, 2025, will offer a combination of fresh issue shares and an offer for sale.
The issue includes:
- Fresh issue of 53.34 lakh shares, aggregating up to Rs 66.14 crores
- Offer for sale of 7.96 lakh shares, aggregating up to Rs 9.87 crores
The price band for the IPO is set between ₹117 to ₹124 per share, and the lot size is 1,000 shares, with a minimum investment of ₹1,24,000 for retail investors. For high-net-worth individuals (HNI), the minimum investment is ₹2,48,000 for two lots (2,000 shares).
The IPO will be listed on the NSE SME segment, and the tentative listing date is Friday, January 24, 2025. The allotment for the IPO is expected to be finalized on January 22, 2025.
EMA Partners IPO Details:
| Detail | Information |
|---|---|
| IPO Date | January 17, 2025 to January 21, 2025 |
| Listing Date | January 24, 2025 (Tentative) |
| Face Value | ₹5 per share |
| Price Band | ₹117 to ₹124 per share |
| Lot Size | 1,000 Shares |
| Total Issue Size | 61,30,000 shares (up to ₹76.01 Cr) |
| Fresh Issue | 53,34,000 shares (up to ₹66.14 Cr) |
| Offer for Sale | 7,96,000 shares (₹5) (up to ₹9.87 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Shareholding Pre-Issue | 1,79,12,426 shares |
| Shareholding Post-Issue | 2,32,46,426 shares |
| Market Maker Portion | 3,07,000 shares |
| Market Maker | Alacrity Securities Ltd. |
IPO Tentative Timeline:
| Event | Date |
|---|---|
| IPO Open Date | January 17, 2025 |
| IPO Close Date | January 21, 2025 |
| Basis of Allotment | January 22, 2025 |
| Initiation of Refunds | January 23, 2025 |
| Credit of Shares to Demat | January 23, 2025 |
| Listing Date | January 24, 2025 |
Reservation:
| Investor Category | Shares Offered |
|---|---|
| QIB Shares | Not more than 50% of the Net Offer |
| Retail Shares | Not less than 35% of the Net Offer |
| HNI Shares | Not more than 15% of the Net Offer |
Lot Size and Investment Amount:
| Investor Type | Minimum Application | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1000 | ₹1,24,000 |
| Retail (Max) | 1 | 1000 | ₹1,24,000 |
| HNI (Min) | 2 | 2000 | ₹2,48,000 |
About EMA Partners India Limited
Incorporated in 2003, EMA Partners India specializes in executive search and leadership advisory services. The company has expanded globally, with subsidiaries in Singapore, Dubai, and Mumbai. EMA Partners focuses on C-suite and board-level hiring, while its subsidiary James Douglas specializes in mid-to-senior level recruitment. MyRCloud, an AI-driven platform, enhances the recruitment process for entry and middle management hiring.
Competitive Strengths:
- Experienced Leadership: The company is led by a team with significant experience in the recruitment industry.
- Strong Client Relationships: Long-standing partnerships lead to recurring business.
- Industry Expertise: Extensive functional knowledge across sectors.
- Robust Technology: Use of a SaaS platform and operational tools for efficiency.
As of November 30, 2024, the company employed 117 full-time employees.
Financial Snapshot (₹ Lakhs):
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Total Borrowing |
|---|---|---|---|---|---|
| July 31, 2024 | ₹7,504.71 | ₹2,632.90 | ₹437.22 | ₹5,782.72 | ₹723.50 |
| March 31, 2024 | ₹7,659.05 | ₹6,883.45 | ₹1,427.30 | ₹5,373.95 | ₹758.02 |
| March 31, 2023 | ₹5,326.29 | ₹5,106.16 | ₹307.07 | ₹3,945.52 | ₹55.97 |
| March 31, 2022 | ₹5,850.27 | ₹5,786.52 | ₹1,127.06 | ₹3,888.45 | ₹389.55 |
Objects of the IPO:
EMA Partners intends to use the funds raised from the IPO for:
- General Corporate Purposes: Funding for potential acquisitions or expansion.
- Leadership Expansion: Strengthening the leadership team for both the company and its subsidiaries.
- IT Infrastructure Enhancement: Upgrading existing technology and infrastructure.
- Debt Repayment: Repaying or prepaying borrowings related to office premises.
Disclaimer: The information provided in this article is for informational purposes only and does not constitute financial advice or an endorsement of any IPO or investment opportunity. While we strive to ensure the accuracy of the details shared, the content is based on publicly available information, research, and reports from credible sources. Readers are advised to verify the details independently and consult with a financial advisor before making any investment decisions.Stay informed and exercise caution while making financial decisions.
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