eMudhra IPO date, price, time-table, review

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 Date20 May 2022
IPO Close Date24 May 2022
IPO Issue TypeBook Built Issue
IPO Issue SizeAggregating up to ₹412.79 Cr
Fresh IssueAggregating up to ₹161.00 Cr
Offer for Sale9,835,394 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 PortionNot less than 35% of the Offer
NII PortionNot less than 15% of the Offer
QIB PortionNot more than 50% of the Offer
Employee Discount
eMudhra IPO Market Lot
No. of Shares Per Lot58 equity shares
Minimum Lot Size1 Lot of 58 equity shares
Maximum Lot Size13 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 Date20 May 2022
IPO Close Date24 May 2022
Basis of Allotment Date27 May 2022
Initiation of Refunds30 May 2022
Credit of Share to Demat Account31 May 2022
IPO Listing Date1 June 2022

eMudhra Financial Report

YearTotal Assets
(₹ in Millions)
Total Revenue
(₹ in Millions)
Profit After Tax
(₹ in Millions)
31 December 20212,541.111,383.04303.40
31 March 20211,919.141,324.54253.59
31 March 20201,587.111,167.99184.16
31 March 2019
1,195.15
1,016.80174.36
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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