eMudhra IPO date, price, time-table, review

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About eMudhra

eMudhra is the largest Digital signature certificate provider in India with a market share of 37.9 per cent in the digital signature certificates market space in financial year 2021 and  36.5 per cent market space in Financial Year 2020.  eMudhra is the only Indian company to be recognised by browsers and document processing software companies such as Microsoft-Edge, Mozilla-Firefox, Apple-Safari, and Adobe. They also issue SSL/TLS certificates for website authentication.

The company provides Digital Trust Services and Enterprise Solutions for various individuals and organizations. the company has issued more than 50 million digital signature certificates.

Some of its customers include Infosys , Tata Consultancy Services, Mashreq Bank, Baud Telecom Company, Cholamandalam, MS General Insurance Company and Bharti AXA Life Insurance Company.

Objects of the eMudhra IPO Issue

  • For prepayment or repayment of debt
  • Support working capital requirements
  • Purchase equipment and pay for other related costs for data centres proposed to be set up in India and overseas locations
  • Invest back into Emudhra for sales, market development and any future costs.
  • General corporate purposes

eMudhra IPO Details, Market Lot

The IPO consists of a fresh issue worth Rs.200 crore and an OFS of up to 8,510,638 equity shares.

eMudhra IPO Details
IPO Open Date 20 May 2022
IPO Close Date 24 May 2022
IPO Issue Type Book Built Issue
IPO Issue Size Aggregating up to ₹412.79 Cr
Fresh Issue Aggregating up to ₹161.00 Cr
Offer for Sale 9,835,394 equity shares of ₹5, Aggregating up to ₹251.79 Cr
Face Value ₹5 per equity share
IPO Price Band ₹243 to ₹256 per equity share
Retail Portion Not less than 35% of the Offer
NII Portion Not less than 15% of the Offer
QIB Portion Not more than 50% of the Offer
Employee Discount
eMudhra IPO Market Lot
No. of Shares Per Lot 58 equity shares
Minimum Lot Size 1 Lot of 58 equity shares
Maximum Lot Size 13 Lot of 754 equity shares
Minimum Amount (Cut-off price) ₹14,848
Maximum Amount (Cut-off price) ₹193,024

eMudhra IPO Date, Time-Table

eMudhra Time Table (Tentative)
IPO Open Date 20 May 2022
IPO Close Date 24 May 2022
Basis of Allotment Date 27 May 2022
Initiation of Refunds 30 May 2022
Credit of Share to Demat Account 31 May 2022
IPO Listing Date 1 June 2022

eMudhra Financial Report

Year Total Assets
(₹ in Millions)
Total Revenue
(₹ in Millions)
Profit After Tax
(₹ in Millions)
31 December 2021 2,541.11 1,383.04 303.40
31 March 2021 1,919.14 1,324.54 253.59
31 March 2020 1,587.11 1,167.99 184.16
31 March 2019
1,195.15
1,016.80 174.36
eMudhra Contact Details
REGISTERED OFFICE & CORPORATE OFFICE

Sai Arcade, 3rd Floor, No. 56 Outer Ring Road, Devarabeesanahalli, Bengaluru 560103, Karnataka.

  • Phone: 080 – 4227 5300
  • Email: companysecretary@emudhra.com
  • Website: www.emudhra.com
eMudhra IPO Prospectus
eMudhra IPO Registrar
  • Link Intime India Private Limited
eMudhra IPO Lead Manager

IIFL Securities, Yes Securities and Indorient Financial Services are the book running lead managers for the issue.

  1. IIFL Securities Limited
  2. YES Securities (India) Limited
  3. Indorient Financial Services Limited
eMudhra IPO Review
Investor may apply for eMudhra IPO

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