EMS Limited is coming up with an IPO consisting of both fresh issue and offer for sale. The company is issuing fresh equity shares aggregating to INR 180 crores. The existing shareholders are selling 82,94,118 shares.
EMS Ltd IPO – Important Details
EMS IPO Date | NA |
EMS IPO Listing Date | NA |
EMS IPO Price | NA |
EMS IPO Lot Size | NA |
EMS IPO Total Issue Size | NA |
EMS IPO Basis of Allotment | NA |
EMS IPO Initiation of Refunds | NA |
EMS IPO Credit of Shares to Demat | NA |
EMS IPO Issue Type | Book Built Issue IPO |
EMS IPO Listing At | NSE,BSE |
EMS Ltd IPO – Company Profile
The company is in the business of Sewerage solution provider, Water Supply System, Water and Waste Treatment Plants, Electrical Transmission and Distribution, Road and Allied works, operation and maintenance of Wastewater Scheme Projects (WWSPs) and Water Supply Scheme Projects (WSSPs) for government authorities/bodies.
The treatment process installed at STPs and CETPs is compliant with Ministry of Environment, Forest and Climate Change of India norms and the treated water can be used for horticulture, washing, refrigeration and other process industries.
The Company bids for tenders issued by CPWD, State Governments and Urban Local Bodies (“ULBs”) for developing WWSPs and WSSPs.
EMS Ltd IPO Objective
Apart from growth and development, the company has two main objectives of this offer:
1. Funding working capital requirement: EMS’s business is working capital intensive and the company funds the majority of our working capital requirements in the ordinary course of our business from internal accruals, net worth, financing from various banks and unsecured loans.From the funds raised through the IPO,the company plans to utilise INR 135 crores towards meeting the future working capital requirements of the company.
2. General corporate purpose: The company plans to deploy the balance funds towards general corporate purpose which is not limited to meeting expenses incurred in ordinary course of business such as strategic initiatives including advancement of information technology, meeting future branch and business expansion,etc.
EMS Ltd IPO Risks And Challenges
Investing in IPOs comes with its own set of risks and challenges. For EMS, these are some of the major risks and challenges:
- Pending Litigations: There are various cases filed by and against the company, promoters and directors. The ascertainable sum involved in these cases is approx 132 crores. Any adverse decision in such proceedings may have a material adverse effect on our business, results of operations and financial condition.
- Rapid Technology change: Water treatment or reuse and zero liquid discharge technology is subject to rapid change. These changes may affect the demand for the services. If the company is unable to keep abreast of the technological changes and new introductions of our business, results of operations and financial condition may be adversely affected.
- Blacklisting of the company:The company has been black listed in the past. The cases are pending at various levels and necessary legal action is also taken by the company.
EMS Ltd IPO Peer Comparison
Company | Total Income (₹ in lakhs) | Face Value per Equity Share (₹) | P/E | EPS Basic (₹) | EPS Diluted (₹) | RoN(%) | NAV per Equity Share (Basic) (₹) |
EMS Ltd | 36,309.84 | 10 | NA | 16.82 | 16.82 | 20.71% | 80.89 |
VA Tech Wabag Limited | 3,01,169.00 | 2 | 16.52 | 21.21 | 21.21 | 8.58% | 247.48 |
Enviro Infra Engineers Limited | 22,562.35 | 10 | NA | 13.49 | 13.49 | 48.24% | 27.96 |
EMS Ltd IPO Financial Information
Particular | As at 31 March 2021 | As at 31 March 2022 | As at 30 Sep 2022 |
Revenue (₹ in Lakhs) | 33,618.42 | 36,309.84 | 18,828.75 |
Equity (₹ in Lakhs) | 30,207.64 | 38,112.26 | 42,258.44 |
Expenses (₹ in Lakhs) | 23,799.18 | 25,560.54 | 13,157.95 |
Profit and Loss After Tax (₹ in Lakhs) | 7,191.14 | 7,892.83 | 4,139.94 |
RoNW (%) | 23.84% | 20.80% | 9.85% |
Diluted EPS only (₹) | 61.24 | 67.27 | 35.29 |
Total Assets (in lakhs) | 37,831.32 | 50,255.34 | 55,907.33 |
Total Liabilities (in lakhs)
|
7,623.68 | 12,143.08 | 13,648.89 |
EMS Ltd IPO – Industry & Market Potential
Connectivity has been a priority of the Government and making last mile connectivity road is the best and cheapest way of increasing connectivity. Construction of roads in every corner of the country by only Government agencies is difficult as it will increase time and cost both. To achieve complete connectivity by way of roads, the Government partnered with the private players and it came to be known as Public Private Partnership (PPP).
Over the years budgetary allocation has been increased from Rs 52,000 crores in FY17 to Rs 182,000 crores in FY23 proving the Government’s high focus on infrastructure sector. India has the second largest road network in the world with 63.72 lakh kilometers of roads and highways of which 5% falls under Highways. For better connectivity and faster movement of goods, Government is expanding 2 lane highways to 4 lanes and 4 lanes to 6 lanes.
EMS Ltd IPO – Type of Offer
- Fresh Issue: The company will issue new shares to raise capital, aiming to collect INR 180 crores. This fund will meet the various avenues of working capital requirement of the company.
- Offer For Sale (OFS): Existing shareholders, including promoters , will sell a portion of their stake in the company. The promoters are offering 82,94,118 shares for sale.
EMS Ltd IPO Offer Size
EMS Limited is coming up with an IPO consisting of both fresh issue and offer for sale. The company is issuing fresh equity shares aggregating to INR 180 crores. The existing shareholders are selling 82,94,118 shares.
EMS Ltd IPO Allotment Structure
The IPO allotment structure for EMS is planned as follows:
- Qualified Institutional Buyers (QIB): As per SEBI regulations, 60% of the shares offered through the IPO will be reserved for Qualified Institutional Buyers. These include entities such as banks, mutual funds, and insurance companies.
- Non-Institutional Investors (NII): 15% of the shares will be reserved for Non-Institutional Investors. These typically include corporate bodies or individuals investing more than Rs. 2 lakhs.
- Retail Individual Investors (RII): The remaining 35% of the shares will be allotted to Retail Individual Investors. These individual investors apply for shares with a total value of less than Rs. 2 lakhs.
How to apply for an EMS IPO?
To apply for the EMS IPO through Alice Blue, you would typically follow these steps:
Open a Demat and Trading Account: If you don’t have one already, you would need to open a Demat and trading account with Alice Blue.
- Check for IPO Details: Once your account is active, you can check for the EMS IPO details in the IPO section of the Alice Blue platform.
- Place the Bid: Enter the number of shares you wish to buy and place your bid within the IPO’s price band.
- Submit the Application: Confirm all your details and submit your application.
You can apply for EMS IPO at Alice Blue in just a few clicks!
Check Allotment Status: Post the allotment process, you can check the allotment status to see if you have received any shares.
Please note that the allotment of shares is not guaranteed and will depend on the demand for the IPO.
How to Check EMS IPO Allotment Status on Alice Blue?
Checking the allotment status of an IPO in Alice Blue is usually straightforward. Please follow these general steps:
- Log in to your Alice Blue Account: You can do this through the Alice Blue website or their trading app.
- Navigate to the Portfolio or IPO Section: This might differ based on the layout of Alice Blue’s platform, but generally, you can find the status of your IPO application under the ‘Portfolio’ or ‘IPO’ section.
- Find the IPO Allotment Status: Look for a sub-section called ‘IPO Allotment Status’ or something similar. This is where you can see the status of the IPOs you have applied for.
- Select the EMS IPO: If you have applied for multiple IPOs, there might be a dropdown menu or a list where you can select the IPO you are interested in. Select the EMS IPO.
- Check the Status: The status of your application should be displayed here. If the shares have been allocated to you, it would be mentioned here.
If you face any issues, it’s recommended to contact Alice Blue’s customer support for detailed assistance.
Apart from Alice Blue, there are other ways to check the allotment status of the EMS IPO:
- Registrar’s Website: Visit the website of KFIN Technologies Limited , the registrar of the EMS IPO. On the homepage, look for the ‘IPO Allotment Status’ option. You must enter your PAN and application number or Demat account number to check your allotment status. Click on the ‘Submit’ button to view your IPO allotment status.
- BSE and NSE: You can also check the allotment status on the official websites of the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE). You would need your application number and PAN to check the status.
Please note that the allotment status will only be available after the allotment process has been completed, a few days after the IPO window closes.
EMS Ltd IPO Offer Registrar
The registrar for the EMS IPO is KFIN Technologies Limited. They are responsible for ensuring the IPO allotment and refund processes are carried out smoothly.
Contact information for the registrar:
KFIN Technologies Limited
Selenium Tower B, Plot 31-32, Financial District,
Nanakramguda, Gachibowli, Hyderabad – 500 032, India
Tel: +91 40 6716 2222
Email: [email protected]
Website: www.kfintech.com
EMS Ltd IPO FAQs
1. What is the allotment date of the EMS Limited IPO?
The allotment date is not yet announced by the company.
2. What is the price band of EMS Limited IPO?
The price band is not yet announced by the company.
3. What is the size of the EMS Limited IPO? E
MS Limited is coming up with an IPO consisting of both fresh issue and offer for sale. The company is issuing fresh equity shares aggregating to INR 180 crores. The existing shareholders are selling 82,94,118 shares.
4. What is the listing date of the EMS Limited IPO?
The listing date is not yet announced by the company.