EMA Partners India Ltd
Complete IPO details, including price band, financials, subscription status, and key insights.
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IPO Snapshot
Key metrics and details at a glance.
Price Band
₹124
Per ShareLot Size
1000 Shares
Minimum Investment
₹1,24,000
Issue Size
₹76.01 Cr
Face Value
₹5
Per ShareIPO Type
Book Building - SME
Retail Quota
35%
QIB Quota
50%
NII Quota
15%
IPO Timeline
Important dates for your applying strategy.
Subscription Status
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
EMA Partners India Ltd
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
86.14%
Promoter Holding (Post-Issue)
63.27%
Issue Type
Book Building - SME
ISIN
INE0ZOL01023
About the Company
EMA Partners India Limited is one of the leading executive search firms delivering customized leadership hiring solutions to a wide range of clients across diverse sectors. The Company has recruited several business and functional leaders for domestic and international clients. Over the past 2 decades, the Company has serviced a wide range of clients across Industries and business functions. The Company along with its subsidiaries cover the entire spectrum of white collar hiring right from entry level opportunities to senior leadership.
Industry Overview
The recruitment and staffing industry posted revenues of Rs. 9,890 Cr in FY 2018-19, which has reached Rs. 12,430 Cr in FY 2023-24, at a CAGR of 5.9%. 88% of professionals aged 18-24 are contemplating a career change, compared to 64% of those aged 45-54 in next 1 year. Young Professionals are considering to switch jobs this year for higher wage and work-life balance and flexibility. The Indian Staffing & Recruitment Industry in India is expected to grow at a CAGR of 4.9% from FY 2023-24 to FY 2028-29. The market is expected to reach Rs. 15,770 Cr by FY 2028-29.
Company History
EMA Partners India Limited was originally incorporated as a private limited company under the Companies Act, 1956 in the name and style of "Executive Management Associates India Private Limited" pursuant to certificate of incorporation dated September 9, 2003 issued by the RoC, Mumbai, Maharashtra. The name of the Company was changed from "Executive Management Associates India Private Limited" to "EMA Partners India Private Limited" pursuant to fresh certificate of incorporation dated February 4, 2004 issued by the RoC, Mumbai, Maharashtra. Subsequently, the Company was converted into public limited company pursuant to special resolution passed by the shareholders at the EGM held on June 12, 2024, and consequently, the name of the Company was changed to "EMA Partners India Limited" and a fresh certificate of incorporation consequent upon conversion from private company to public company was issued by RoC, Central Processing Centre on August 05, 2024 bearing CIN U74140MH2003PLC142116.
Products & Services
- EMA Partners India Limited is one of the leading executive search firms delivering customized leadership hiring solutions to a wide range of clients across diverse sectors.
Growth Strategy
- Expansion through organic growth and strategic acquisitions.
- Growth in the technology and digital recruitment market.
- Expanding leadership team.
Customer Base
Wholesaler and Retailer
Financial Performance
Revenue, profit after tax and total assets across the last 3 reported financial years.
Revenue
Amount in ₹ crore
Profit After Tax (PAT)
Amount in ₹ crore
Total Assets
Amount in ₹ crore
Figures in ₹ crore, on a consolidated basis, as reported for FY23 to FY25.
Objects of the Issue
How the company plans to utilize IPO proceeds.
Use of Proceeds
The funds raised through this IPO will be used for:
Initial public offer of upto 61,30,000 equity shares of face value of Rs. 5/- each (the "equity shares") of Ema Partners India Limited (the company or epil or the issuer) at a price of Rs. 124 per equity share (including a premium of Rs. 119 per equity share) (offer price) for cash, aggregating up to Rs. 76.01 crores (offer) comprising a fresh issue of up to 53,34,000 equity shares of face value of Rs. 5/- each aggregating up to Rs. 66.14 crores (the fresh issue) and an offer for sale of up to 8,12,400 equity shares of face value of Rs. 5/- each aggregating up to Rs. 10.07 crores including up to 6,26,797 equity shares aggregating up to Rs. 7.77 crores by Krishnan Sudarshan, up to 95,348 equity shares aggregating up to Rs. 1.18 crores by Subramanian Krishnaprakash (the promoter selling shareholders) and up to 73,855 equity shares aggregating up to Rs. 0.92 crores by Shekhar Ganapathy (the individual selling shareholder and together with the promoter selling shareholders referred to as the selling shareholders). The offer includes 3,07,000 equity shares of face value of Rs. 5/- each, at an offer price of Rs. 124 per equity share for cash, aggregating Rs. 3.81 crores will be reserved for subscription by the market maker to the offer (the "market maker reservation portion"). The offer less market maker reservation portion i.e. offer of 58,23,000 equity shares of face value of Rs. 5/- each, at an offer price of Rs. 124 per equity share for cash, aggregating upto Rs. 72.20 crores is herein after referred to as the net offer. The offer and net offer will constitute 26.37 % and 25.05 % respectively of the post- offer paid-up equity share capital of the company. Price Band: Rs. 124 per equity share of face value of Rs. 5 each. The Floor Price is is 24.80 times of the face value of the equity shares. Bid can be made for a minimum of 1000 equity shares and in multiples of 1000 equity shares thereafter.
*Subject to approvals and market conditions.
Strengths & Risks
Key competitive advantages and factors to consider before investing.
- Focus on Quality Compliance, Control and Quality Standards.
- Experienced Leadership team.
- Tech & SaaS platform serving marquee clients.
- Operating across the entire spectrum of white collar hiring.
- Robust relationships with C-suite executives across three markets.
- The ongoing success and reputation of EMA Partners, as well as the continued validity of the EMA Partners International Membership Agreement, are crucial for maintaining our business operations under the name "EMA Partners".
- A significant portion of our business is attributable to certain large clients. Any deterioration of their financial condition or prospects may have an adverse impact on our business. Further, if we fail to expand the size of our business with our existing clients or expand to new clients, or if we lose our large clients, our business, revenue, profitability and growth will be adversely affected
- If we are unable to protect our intellectual property, or if we face allegations of infringing others' intellectual property, our business, our reputation, results of operations, cash flows and financial condition could be adversely affected.
- Through EMA Partners Executive Search Private Limited, our wholly owned subsidiary we have invested in Reccloud Technologies Private Limited which has developed the "MyRCloud" technology platform. If we're unable to scale this solution or if the system becomes obsolete, we may not be able to recover our investment.
- We face significant competition from domestic and global firms. The domestic market is fragmented with small boutique firms offering recruitment services. Competition in our industry could result in loss of market share, reduced demand for our services, and /or require us to lower fees for our services, which could adversely affect our operating result and future growth.