Ems Ltd IPO: Issue Details, Open/Close Date | Research 360 by Motilal Oswal
Back arrow

EMS

CMP

536.75

+7.80 (1.47%)

  • DRHP
₹211

Offer Price

₹ 321.25 Cr

Issue Size

₹ 14,770

Min Investment

75.28x

Times Subscribed

70

Lot size

Time Line

  • 08
    Sep 2023
    Open
  • 12
    Sep 2023
    Close
  • 15
    Sep 2023
    Finalisation of Basis of Allotment
  • 18
    Sep 2023
    Initiation of Refunds
  • 20
    Sep 2023
    Transfer of Shares to Demat Account
  • 21
    Sep 2023
    Listing Date

Shares Offered

Number of Times Subscribed

Objects of the Offer

  • Increasing the size of projects and its pre-qualification.

  • Expansion of its footprint.

  • Capitalize on Government policy initiatives in WWTP and WSSP sectors.

  • Continue to enhance its core strengths by attracting, retaining and training qualified personnel.

Products & Services

  • EMS Limited is in the business of Sewerage solution provider, Water Supply System, Water and Waste Treatment Plants, Electrical Transmission and Distribution, Road and Allied works

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.

  • Strong Financial Performance for the last 3 years:

Risks

  • The Company, its Promoters/Director and its Group Companies are parties to certain legal proceedings. Any adverse decision in such proceedings may have a material adverse effect on its business, results of operations and financial condition.

  • The company has been black-listed in past.

  • Most agreements that the company has entered into in connection with its business contain a penalty or liquidated damage clause for delay in the completion of a project that takes effect should the completion of a project be delayed.

  • The company bid for WWTPs and WSSPs mostly funded by the World Bank through Central and State Governments and derive its revenues from the contracts awarded to it. Any reduction in budgetary allocation to this sector may affect the number of projects that the government authorities/bodies may plan to develop in a particular period. Its business is directly and significantly dependent on projects awarded by them.

  • The company deploy traditional technologies in the designing and installation of WWTPs or WSSPs. Any incapability to adopt a new technology or change in the requirement of a particular technology by the government authorities may affect its position to bid for WWTPs or WSSPs.

Company Promoters

Promoters Holding

Issue For IPO
96.71%
Pre Holding

96.71%

Post Holding

-

Top Promoters Holding

Financials

All values in Cr

Mar-2022 Mar-2023 Mar-2023 3-Yr trend
Revenue 359.85 (8.80%) 538.16 (49.60%) 22.31 (-)
Gross Profit 359.85 (8.80%) 538.16 (49.60%) 22.31 (-)
Net Income 359.85 (8.80%) 538.16 (49.60%) 22.31 (-)
Assets 359.85 (8.80%) 538.16 (49.60%) 22.31 (-)
Liabilities 359.85 (8.80%) 538.16 (49.60%) 22.31 (-)

Peers

Company Name Revenue (Cr) Net Profit (Cr) Assets (Cr) Liabilities (Cr) ROE EPS BVPS Current Ratio Debt to Assets
Va Tech Wabag Ltd 2,960.48 12.85 4,089.20 4,089.20 0.81 2.07 253.16 0.31 0.14
EMS Ltd 538.16 107.51 559.23 71.40 22.31 22.87 103.79 6.14 0.08

Book Running Managers

  • Khambatta Securities Ltd

Registrar & Transfer Agent

KFin Techologies Ltd

Karvy Selenium Tow-B,
31&32 Financial Dist,
Nanakramguda - Hyderabad-500032
Phone : 91-40-67162222 Fax: 91-40-23001153/23420814

Company Contact Information

701 DLF Tower A,
Jasola,
New Delhi - 110025
Phone : 91-011-46067666/8826696627 Email : cs@ems.co.in www.ems.co.in

Offer Related Information

Initial public offer of up to 1,52,24,925* equity shares of face value of Rs. 10 each ("Equity Shares") of EMS Limited ("Company") for cash at a price of Rs. 211 per equity share (including a premium of Rs. 201 per equity share) ("Offer Price") aggregating up to Rs. 146.24 crores through fresh issue of equity shares and an offer for sale (the "Offer") of up to 82,94,118 equity shares aggregating up to Rs. 175.01 crores by Ramveer Singh (the "Promoter Selling Shareholder") and the promoter... More

News

  • No Data Found.

Take your research to the next level.
Login now to unlock Exclusive Features!

Take your research to the next level.
Login now to unlock Exclusive Features!

Download Our App On: