EMS IPO

EMS IPO

Closed RHP

Listing Details

  • Listing Exchange BSE, NSE
  • Listing Date 21-Sep-23
  • IPO Price Range ₹200
  • Listing Price ₹281.55
  • Listing Change 33.4 %
  • Last Traded Price ₹455.05
  • Current Change 115.7 %

EMS IPO Details

  • Open Date 08-Sep-23
  • Close Date 12-Sep-23
  • Lot Size 70
  • IPO Size ₹ 321.24 Cr
  • IPO Price Range ₹ 200 to ₹ 211
  • Min Investment ₹ 14000
  • Listing Exchange BSE, NSE
  • Basis of Allotment 15-Sep-23
  • Refunds 18-Sep-23
  • Credit to Demat Account 20-Sep-23
  • Listing Date 21-Sep-23

EMS IPO Subscription Status

Date QIB NII Retail TOTAL
08-Sep-23 0.09 6.16 4.95 3.82
11-Sep-23 0.65 30.46 17.01 15.22
12-Sep-23 149.98 84.39 30.55 76.21

EMS IPO Synopsis

EMS Limited IPO is all set to open from 8th September to 12th September 2023. The company provides services related to water and wastewater collection, treatment, and disposal. The IPO includes a fresh issue worth ₹146.24 cr and an Offer For Sale (OFS) of 82,94,118 equity shares worth ₹175.00 cr. The total issue size is ₹321.24 cr. The share allotment date is 15th September, and the IPO will be listed on 21st September on the stock exchanges. The price band is ₹200 to ₹211 per share and the lot size is 70 shares.    

Khambatta Securities Limited is the book-running lead manager for this IPO, while KFin Technologies Limited is the registrar. 

Objectives of EMS IPO:

●    Fund working capital requirements 
●    Fund general corporate purposes 
 

EMS IPO Video:

 

About EMS

Established in 2012, EMS Limited is headquartered in Delhi specializing in providing solutions for water and wastewater management. The company offers end-to-end services, covering everything from initial engineering and design to the construction and installation of water, wastewater, and domestic waste treatment facilities.

EMS Limited is also known as EMS Infracon and its range of services includes:

●    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 typically involve the development of Sewage Treatment Plants (STPs), Sewage Network Scheme And Common Effluent Treatment Plants (CETPs). Meanwhile, WSSPs include Water Treatment Plants (WTPs), pumping station installations, and the laying of pipelines for water supply.

To ensure the highest quality in their projects, EMS Limited has its own in-house civil construction team comprising more than 57 skilled engineers. Additionally, they collaborate with third-party consultants and industry experts to deliver high-quality services. The company is also  ISO 9001:2015 certified. 

Peer Comparison
●    VA Tech Wabag Limited

For More Information:
Webstory on EMS IPO
EMS IPO GMP

Profit and Loss

Balance Sheet

Particulars (in Rs. Crores) FY23 FY22 FY21
Revenue 538.16 359.85 330.70
EBITDA 148.99 112.51 98.89
PAT 108.81 79.04 71.95
Particulars (in Rs. Crores) FY23 FY22 FY21
Total Assets 638.71 502.55 378.31
Share Capital 47.00 11.75  11.75
Total Borrowings 148.77 121.43 76.23
Particulars (in Rs. Crores) FY23 FY22 FY21
Net cash generated from / (used in) operating activities -25.40 22.63 35.76
Net cash from / (used in) investing activities -10.35 -14.77 -8.47
Net cash flow from / (used in) financing activities 56.37 2.76 -10.89
Net increase (decrease) in cash and cash equivalents 20.62 10.62 16.39


EMS IPO Key Points

  • Strengths

    1.    The company has an in-house designing, engineering and execution team.
    2.    The company has completed 67 projects and has strong execution capabilities with industry experience.
    3.    It uses traditional technologies in the construction and installation of WWSP or WSSPA.
    4.    The projects are funded by the World Bank. 
    5.    It has a robust order book. 
    6.    The company has a Scalable and Asset Light Business Model that is supported by its Strong Financial Position.
    7.    Experienced management team. 
     

  • Risks

    1.    The company is 100% dependent for its revenue on the Government projects. Thus, any changes in government policies related to the environment and water treatment or any failure to procure government projects can have an impact on its operations and cash flows. 
    2.    Negative cash flows in the past. 
    3.    It has been black-listed in the past by the two government bodies which can occur again.
    4.    Any reduction in budgetary allocation by the World Bank to WWTPs (Water and Waste Treatment Plants) and WSSPs (Water Supply Scheme Projects) may affect the number of projects that the government authorities/bodies can undertake and this has a direct impact on the company.  
    5.    COVID-19 or the outbreak of any other severe communicable disease can have a negative impact on the company. 
    6.    Operates in a capital intensive in nature, and involves relatively long gestation periods.
    7.    Higher working capital requirements. 
     

How to apply for IPO?

  • Login to your 5paisa account and select the issue in the current IPO section

  • Enter the number of lots and price at which you wish to apply for

  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange

  • You will receive a mandate notification to block funds in your UPI app

  • Approve the mandate request on your UPI and funds will be blocked

EMS IPO FAQs

What is the minimum lot size and investment required for the EMS IPO?

The minimum lot size of EMS IPO is 70 shares and the investment required is ₹14,000.
 

What is the price band of EMS IPO?

The price band of EMS IPO is ₹200 to ₹211.

When does the EMS IPO issue open and close?

EMS IPO is open from 8th September to 12th September 2023.
 

What is the size of the EMS IPO issue?

The total size of EMS IPO is ₹321.24 cr. 
 

What is the allotment date of the EMS IPO?

The share allotment date of EMS IPO is 15th September.
 

What is the EMS IPO listing date?

The EMS IPO will be listed on the 21st of September.
 

Who are the book runners for the EMS IPO?

Khambatta Securities Limited is the book-running lead manager for EMS IPO.
 

What is the objective of EMS IPO?

EMS Limited plans to utilize the raised capital from IPO to:

1.    Fund working capital requirements 
2.    Fund general corporate purposes   
 

How to apply for the EMS IPO?

To apply for EMS IPO, follow the steps given below:

●    Login to your 5paisa account and select the issue in the current IPO section    
●    Enter the number of lots and the price at which you wish to apply for the EMS Limited IPO.    
●    Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.    
●    You will receive a mandate notification to block funds in your UPI app.

Contact Details of EMS IPO

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 Register

Kfin Technologies Limited

Phone: 04067162222, 04079611000
Email: ems.ipo@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/

EMS IPO Lead Manager

Khambatta Securities Limited

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