EMS Limited previously known as EMS Infracon, is engaged in the business of providing water and wastewater collection, treatment, and disposal services.
The company provides Sewerage solutions, Water Supply Systems, 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. WWSPs include Sewage Treatment Plants (STPs) along with Sewage Network Schemes and Common Effluent Treatment Plants (CETPs) and WSSPs include Water Treatment Plants (WTPs) along with pumping stations and laying of pipelines for the supply of water.
The company has an in-house team for designing, engineering and construction which makes EMS self-reliant on all aspects of company’s business. EMS Limited has a team of 61 engineers who are supported by third-party consultants and industry experts to ensure compliance and quality standards laid down by the industry and government agencies & departments.
The company is operating and maintaining 18 projects including WWSPs, WSSPs, STPs & HAM aggregating of Rs. 1,744.92 Crore & 5 O&M projects aggregating to Rs. 99.28 Crore.
EMS IPO – Details
| IPO Opening Date | 08 September 2023 |
| IPO Closing Date | 12 September 2023 |
| Issue Type | Book Built Issue IPO |
| Issue Size | 1,52,00,279 Shares Worth ₹321.24 Crore Fresh Issue: 69,06,161 Shares Worth ₹146.24 Crore Offer for Sale: 82,94,118 Shares Worth ₹175.00 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹200 – ₹211 |
| Market Lot | 70 Shares |
| Min Order | 70 Shares (1 Lot) |
| Listing At | BSE, NSE |
| Register | KFin Technologies Limited |
| QIB Shares Offered | 50% |
| NII (HNI) Shares Offered | 15% |
| Retail Shares Offered | 35% |
EMS IPO – Date Schedule
| IPO Open Date | 08 September 2023 |
| IPO Close Date | 12 September 2023 |
| Basis of Allotment Date | 15 September 2023 |
| Initiation of Refunds | 18 September 2023 |
| Credit of Shares to Demat Account | 20 September 2023 |
| IPO Listing Date | 21 September 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on 12 September 2023 |
EMS IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 70 | 14,770 |
| Retail (Max) | 13 | 910 | 1,92,010 |
| S-HNI (Min) | 14 | 980 | 2,06,780 |
| S-HNI (Max) | 67 | 4690 | 9,89,590 |
| B-HNI (Min) | 68 | 4760 | 10,04,360 |
Competitive Strengths
- In house designing, engineering and execution team;
- Strong order book of projects across India;
- Strong execution capabilities with industry experience and established track record;
- Experienced Promoters and Management Team.
Company Promoters
- Mr. Ramveer Singh
- Mr. Ashish Tomar
Company Financials
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2021 | 336.18 | 237.99 | 71.91 | 3.16 |
| 31 March 2022 | 363.09 | 255.60 | 78.92 | 3.71 |
| 31 March 2023 | 543.27 | 396.40 | 108.66 | 45.39 |
Key Performance Indicator
| KPI | Values |
|---|---|
| P/E (x) | 10.78 |
| Market Cap (₹ Cr.) | 1171.7 |
| ROE | 22.27% |
| ROCE | 28.26% |
| Debt/Equity | 0.09 |
| EPS (Rs) | 23.15 |
| RoNW | 22.31% |
Object Of The Issue
- Funding of Working Capital requirements.
- General corporate purposes.
EMS IPO Peer Comparison
| S. No. | Face Value | Company Name | PE |
| 1 | 2 | VA Tech Wabag Limited | 13.86 |
EMS IPO Promoter Holding
| Pre Issue Share Holding | 96.71% |
| Post Issue Share Holding | 69.73% |
EMS IPO Prospectus
Company Contact Information
| EMS Limited 701, DLF Tower A, Jasola New Delhi-110025 Phone: +91 8826696627 Email: cs@ems.co.in Website: https://ems.co.in/# |
EMS IPO Registrar
| KFin Technologies Limited Phone: 04067162222, 04079611000 Email: ems.ipo@kfintech.com Website: https://kosmic.kfintech.com/ipostatus/ |
EMS IPO Lead Manager(s)
| 1. Khambatta Securities Limited |
EMS IPO FAQs
| What is EMS IPO? EMS IPO is a main-board IPO. The issue is priced at ₹200 to ₹211 per equity share. The IPO is to be listed on BSE & NSE. |
| When EMS IPO will open? The IPO is to open on 08 September 2023 for QIB, NII, and Retail Investors. |
| What is EMS IPO Investors Portion? The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%. |
| How to Apply the EMS IPO? You can apply EMS IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the EMS IPO through Angle One? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “EMS”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Angle One. |
| How to Apply the EMS IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “EMS”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the EMS IPO through Upstox? Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “EMS”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox. |
| How to Apply the EMS IPO through IIFL? Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “EMS”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with IIFL. |
| What is EMS IPO Size? EMS IPO size is ₹321.24 Crore. |
| What is EMS IPO Price Band? EMS IPO Price Band is ₹200 to ₹211. |
| What is EMS IPO Minimum and Maximum Lot Size? The minimum bid is 70 Shares with ₹14,770 amount while the maximum bid is 910 shares with ₹1,92,010. |
| What is the EMS IPO Allotment Date? EMS IPO allotment date is 15 September 2023. |
| What is the EMS IPO Listing Date? EMS IPO listing date is 21 September 2023. The IPO is to list on BSE and NSE. |
