EMA Partners India came to market through an SME IPO that opened on 17 January 2025 and closed on 21 January 2025, and the shares listed on 24 January 2025 on NSE SME. The price band was ₹117 to ₹124 per share and one lot was 1000 shares, so the minimum application was ₹1,24,000. The issue size was ₹76.01 crore. It combined a fresh issue of new shares with an offer for sale by existing shareholders.
Bigshare Services Pvt Ltd was the registrar to the issue, and Indorient Financial Services Ltd was the lead manager.
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Incepted in 2003, EMA Partners India Limited is an executive recruitment agency offering bespoke hiring solutions. Leadership Hiring Solutions to Clients: The company helps clients recruit leaders and functional and business leaders at a global scale. Its two services: Executive Search Leadership Advisory The firm is Headquartered in Mumbai and went international through its subsidiaries such as Singapore, 2010; Dubai, EMA Partners, 2017; and Dubai, James Douglas, 2022.
EMA Partners India operates all the group companies from India, including Singapore and Dubai. They do C-suite to board-level hires. James Douglas is for the mid-to-senior hire across sectors. MyRCloud uses AI and therefore is very good for entry-to-middle management hiring and saves a lot on recruitment process engineering.
As described in the offer document.
Mr. Krishnan Sudarshan, Mr. Subramanian Krishnaprakash. Promoter holding 86.14% before the issue.
Work out the listing gain for this SME IPO
If the retail portion is not fully subscribed, every valid application is allotted in full. If it is oversubscribed, SEBI's rules require that as many applicants as possible receive at least one lot, so the shares are allotted by a computerised lottery across all valid applications, one lot each, until the retail portion is exhausted. Applying for more lots does not improve your chance in a lottery; it only increases what you receive if the issue is under-subscribed.
The basis of allotment document, published by the registrar on the allotment date, states the ratio: for example, one applicant in seven received one lot.
Allotment status is published by the registrar on its website, searchable by PAN, application number or demat account, and also on the exchange's website. Allotted shares are credited to the demat account the day before listing, and blocked money for unsuccessful applications is released the same day. The Rupix app can check allotment status by PAN once the registrar publishes it.
Shares list within three working days of the issue closing. On listing day the exchanges run a special pre-open session from nine o'clock, during which orders are collected and an opening price is discovered from them; trading in the share begins after that, usually around ten. The opening price is the listing price that appears on this page once the issue has listed, and the listing gain or loss is the difference between it and the issue price.
For a mainboard issue, the share then trades in the normal way with the exchange's price band for a new listing. For an SME issue, shares trade in lots rather than one at a time, and the market can be thin, so selling on listing day is not always possible at the opening price. Capital gains on shares sold within a year of allotment are short-term and taxed at the short-term rate.
EMA Partners India IPO was a ₹76.01 crore book-built issue, comprising a fresh issue of ₹66.14 crore and an offer for sale of ₹9.87 crore. It was priced at ₹117–₹124 per share with a lot size of 1,000 shares (₹1,24,000). The IPO was open from January 17 to January 21, 2025. Shares listed on NSE SME on January 24, 2025 at ₹156.50, a 26.2% premium to the issue price of ₹124. Bigshare Services Pvt Ltd is the registrar.
Indorient Financial Services Ltd is the book running lead manager.
The price band of EMA Partners India IPO is ₹117 to ₹124 per share.
The lot size of EMA Partners India IPO is 1000 shares.
The minimum investment for EMA Partners India IPO is approximately ₹1,24,000 based on the upper price band.
The allotment date of EMA Partners India IPO is Jan 22, 2025.
EMA Partners India IPO's final recorded GMP before listing was ₹60 per share (a 48% premium over the ₹124 upper price band). The shares listed at ₹156.5. GMP is unofficial and does not forecast or guarantee the actual listing price.
You can check EMA Partners India IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the EMA Partners India IPO allotment status on Rupix for quick and easy access.
₹117 to ₹124 per share, against a face value of ₹5. Most applicants bid at the cut-off price, the top of the band, so that the application was valid whatever price the issuer finally fixed.
One lot was 1000 shares, and every application had to be a whole number of lots. At the top of the band that made the minimum application ₹1,24,000. After listing, SME shares also trade in lots rather than one share at a time.
₹1,24,000, for one lot of 1000 shares at the top of the price band. The amount was blocked in the applicant's bank account through ASBA or a UPI mandate while the issue was open, and released on the allotment date to applicants who were not allotted shares.
It opened on 17 January 2025 and closed on 21 January 2025.
The basis of allotment was published on 22 January 2025 by Bigshare Services Pvt Ltd, and allotted shares were credited to demat accounts before listing.
The shares listed on 24 January 2025 on NSE SME.
The issue size was ₹76.01 crore. The fresh issue was 53,34,000 shares (aggregating up to ₹66.14 crore). The offer for sale was 7,96,000 shares (aggregating up to ₹9.87 crore).