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Emiac Technologies SME IPO

Emiac Technologies came to market through an SME IPO that opened on 27 March 2026 and closed on 8 April 2026, and the shares listed on 13 April 2026 on BSE SME. The price band was ₹93 to ₹98 per share and one lot was 1200 shares, so the minimum application was ₹1,17,600. The issue size was ₹31.75 crore. The whole issue was fresh shares, so the money raised went to the company.

Bigshare Services Pvt.Ltd was the registrar to the issue, and Smart Horizon Capital Advisors Pvt.Ltd was the lead manager.

Issue details

Issue type
Book Built Issue
Price band
₹93 to ₹98
Lot size
1200 shares
Minimum investment
₹1,17,600
Face value
₹10 per share
Issue size
₹31.75 crore
Fresh issue
32,40,000 shares (aggregating up to ₹31.75 crore)
Listing at
BSE SME
Registrar
Bigshare Services Pvt.Ltd
Lead managers
Smart Horizon Capital Advisors Pvt.Ltd

Timeline

Opens
27 March 2026
Closes
8 April 2026
Allotment
9 April 2026
Listing
13 April 2026

Subscription status by day

As of 8 April 2026.

Day
1
2
3
4
5
6
7

About Emiac Technologies

Emiac Technology is a technology-driven organization that utilizes Artificial Intelligence as a tool to assist brands in their growth through intelligent digital marketing solutions. Emiac Technology provides a complete array of digital marketing, content creation, branding, online reputation management, business automation, technical support, and more. The organization utilizes Artificial Intelligence, technology, and creative thinking to provide customized solutions that result in actual business growth. Content Creation:

The organization provides content writing services like writing blogs, articles, website content, product descriptions, etc. Branding & Online Reputation Management: The organization provides brand positioning, brand narrative, PR, leadership writing for LinkedIn, etc. Digital Marketing: The organization provides SEO audit, technical SEO, on-page SEO, off-page SEO, paid advertising, etc. Technical Services & Business Automation: The organization provides inventory, logistics, business automation, API, etc.

In FY25, the organization has achieved revenues of 43.42% from the content creation segment, followed by 31.80% from branding & online reputation management, followed by 14.75% from digital marketing, and finally 10.03% from technical service & business automation. The organization has achieved the prestigious ISO 10002:2018, ISO 9001:2015, and ISO/IEC 27001:2022 certifications. The company provides customized solutions for industries such as digital marketing, BFSI, healthcare, IT, education, and the automotive sector.

The company uses artificial intelligence, automation, and insights along with creative thinking to provide performance-driven marketing for the digital age. The services provided by the company include marketing, pre-sales, lead generation, branding, and communications. The company had 38 employees as of January 31, 2026.

As described in the offer document.

Objects of the issue

  • Funding requirements towards Purchase of computers, laptops, other related accessories, Purchase of software subscriptions and cloud hosting
  • Funding Working Capital Requirements of the Company
  • Hiring of Manpower in the Company
  • Branding, Advertisement and Marketing activities
  • General corporate purposes

Financials (₹ crore)

Metric30-Sep-2531-Mar-2531-Mar-2431-Mar-23

Promoters

Divya Gandotra, Shivam Bhateja, Dushyant Gandotra.

Application sizes

Individual (min)
2 lots, 2400 shares, ₹2,35,200
Individual(max)
2 lots, 2400 shares, ₹2,35,200
sHNI(min)
3 lots, 3600 shares, ₹3,52,800
sHNI(max)
8 lots, 9600 shares, ₹9,40,800
bHNI(min)
9 lots, 10800 shares, ₹10,58,400

Valuation

EPS Pre IPO
₹4.69
EPS Post IPO
₹7.43
P/E Pre IPO
20.91
P/E Post IPO
13.19
ROE
81.65%
ROCE
63.52%
RoNW
46.74%
PAT Margin
21.25%
Price/Book
1.32
Market Cap
₹31.75 cr

Registrar and allotment status

Registrar
Bigshare Services Pvt.Ltd
Allotment status
https://ipo.bigshareonline.com/ipo_status.html
Phone
+91-22-6263 8200
Email
ipo@bigshareonline.com

Work out the listing gain for this SME IPO

How allotment works

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.

What happens on listing day

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.

Questions about the Emiac Technologies SME IPO

What is Emiac Technologies IPO?

Emiac Technologies IPO was a ₹31.75 crore book-built issue, made up entirely of a fresh issue. It was priced at ₹93–₹98 per share with a lot size of 1,200 shares; the minimum retail application was 2,400 shares (₹2,35,200). The IPO was open from March 27 to April 8, 2026 and was subscribed 3.3x. Shares listed on BSE SME on April 13, 2026 at ₹107.80, a 10.0% premium to the issue price of ₹98. Bigshare Services Pvt. Ltd. is the registrar.

Smart Horizon Capital Advisors Pvt. Ltd. is the book running lead manager.

What is the price band of Emiac Technologies IPO?

The price band of Emiac Technologies IPO is ₹93 to ₹98 per share.

What is the lot size of Emiac Technologies IPO?

The lot size of Emiac Technologies IPO is 1200 shares.

What is the minimum investment for Emiac Technologies IPO?

The minimum investment for Emiac Technologies IPO is approximately ₹2,35,200 based on the upper price band.

What is the allotment date of Emiac Technologies IPO?

The allotment date of Emiac Technologies IPO is Apr 9, 2026.

How to check Emiac Technologies IPO allotment status?

You can check Emiac Technologies IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Emiac Technologies IPO allotment status on Rupix for quick and easy access.

What was the price band of the Emiac Technologies SME IPO?

₹93 to ₹98 per share, against a face value of ₹10. 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.

What was the lot size of the Emiac Technologies SME IPO?

One lot was 1200 shares, and every application had to be a whole number of lots. At the top of the band that made the minimum application ₹1,17,600. After listing, SME shares also trade in lots rather than one share at a time.

What was the minimum investment in the Emiac Technologies SME IPO?

₹1,17,600, for one lot of 1200 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.

When did the Emiac Technologies SME IPO open and close?

It opened on 27 March 2026 and closed on 8 April 2026.

When was the allotment of the Emiac Technologies SME IPO?

The basis of allotment was published on 9 April 2026 by Bigshare Services Pvt.Ltd, and allotted shares were credited to demat accounts before listing.

When did Emiac Technologies list on BSE SME?

The shares listed on 13 April 2026 on BSE SME.

How large was the Emiac Technologies SME IPO?

The issue size was ₹31.75 crore. The fresh issue was 32,40,000 shares (aggregating up to ₹31.75 crore).