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Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the eMudhra Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
Key metrics and details at a glance.
Price Band
₹256
Per ShareLot Size
58 Shares
Minimum Investment
₹14,848
Issue Size
₹400 Cr
Face Value
₹5
Per ShareIPO Type
Book Building
Retail Quota
35%
QIB Quota
50%
NII Quota
15%
Important dates for your applying strategy.
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
67.94%
Issue Type
Book Building
ISIN
INE01QM01018
eMudhra Limited is the largest licensed Certifying Authority in India with a market share of 37.9% in the digital signature certificates market space in Financial Year 2021 having grown from 36.5% in Financial Year 2020. (Source: F&S Report). The Company is engaged in the business of providing Digital Trust Services and Enterprise Solutions to individuals and organisations functioning in various industries. The Company is a 'One stop shop' player in secure digital transformation and provides a wide spectrum of services and solutions from issuance of certificates as a certifying authority to offering identity, authentication and signing solutions.
The rise of COVID-19 forced organizations to move to "Work from Home" resulting in the need for adoption of digital solutions that facilitate remote fulfillment of transactions. eMudhra is the only Indian company to be directly recognized by renowned browsers and document processing software companies such as like Microsoft, Mozilla, Apple and Adobe allowing eMudhra to sell digital identities to individual/organization and issue SSL/TLS certificates for website authentication, globally. It is the largest licensed CA in India with strong DSC expertise which would make eMudhra penetrate into the market much easily than it competitors.
Revenue, profit after tax and total assets across the last 3 reported financial years.
Amount in ₹ crore
How the company plans to utilize IPO proceeds.
The funds raised through this IPO will be used for:
Initial public offering of 16,124,456 equity shares* of face value of Rs. 5 each ("Equity Shares") of eMudhra Limited (the "Company" or the Issuer") for cash at a price of Rs. 256 per equity share (including a share premium of Rs. 251 per equity share) ("Offer Price") aggregating to Rs. 412.79 crores* (the "Offer") comprising a fresh issue of 6,289,062 equity shares* aggregating to Rs. 161.00 crores by the company (the "Fresh Issue") and an offer for sale of 9,835,394 equity shares* aggregating to Rs. 251.79 crores* comprising of 3,289,257 equity shares* aggregating to Rs. 84.21 crores* by Venkatraman Srinivasan and 4,516,246 equity shares* aggregating to Rs. 115.62 crores* by Taarav Pte Limited (collectively, the "Promoter Selling Shareholders"),"510,638 equity shares* aggregating to Rs. 13.07 crores* by Kaushik Srinivasan, 504,307 equity shares* aggregating to Rs. 12.91 crores* by Lakshmi Kaushik, 881,869 equity shares* aggregating to Rs. 22.58 crores* by Arvind Srinivasan and 133,077 equity shares* aggregating to Rs. 3.41 crores* by Aishwarya Arvind (collectively, "Other Selling Shareholders and together with the promoter selling shareholders the "Selling Shareholders") and such offer for sale by the selling shareholders, the "Offer for Sale"). *Subject to basis of allotment. The face value of equity shares is Rs. 5 each. The offer price is 51.20 times the face value of the equity shares.
*Subject to approvals and market conditions.
Key competitive advantages and factors to consider before investing.
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
eMudhra Limited was originally incorporated as `3i Infotech Consumer Services Limited,' as a wholly owned subsidiary of 3i Infotech Limited under the provisions of the Companies Act, 1956, pursuant to a certificate of incorporation dated June 16, 2008, issued by the Registrar of Companies, Maharashtra, at Mumbai. Pursuant to an acquisition of the Company by Indus Innovest Technologies Private Limited and its shareholders resolution dated November 16, 2010, the name of the Company was changed to `eMudhra Consumer Services Limited', and a fresh certificate of incorporation was issued by the Registrar of Companies, Maharashtra at Mumbai on December 22, 2010. The registered office of the Company was changed from Maharashtra to Karnataka, pursuant to which a fresh certificate of incorporation dated September 23, 2011 was issued by the Registrar of Companies, Karnataka, at Bangalore. The name of the Company was further changed to `eMudhra Limited', pursuant to its shareholders resolution dated October 21, 2014, and a fresh certificate of incorporation was issued by Registrar of Companies, Karnataka, at Bangalore on November 5, 2014.
The Company's customers are individuals and organisations functioning in various industries.
Amount in ₹ crore
Amount in ₹ crore
Figures in ₹ crore, on a consolidated basis, as reported for FY24 to FY26.