EMS Limited, formerly known as EMS Infracon, was founded in 2012 and is in the business of providing water and wastewater collection, treatment, and disposal services.
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 are all provided by the company. WWSPs comprise Sewage Treatment Plants (STPs), Sewage Network Schemes, and Common Effluent Treatment Plants (CETPs), whereas WSSPs include Water Treatment Plants (WTPs), pumping stations, and pipeline laying for water delivery.
EMS Limited employs approximately 57 engineers and has its own civil construction team, which is assisted by third-party consultants and industry specialists.
EMS IPO Details
| IPO Date | September 8, 2023 to September 12, 2023 |
| Listing Date | [.] |
| Face Value | Rs 10 per share |
| Price | Rs 200 to Rs 211 per share |
| Lot Size | 70 Shares |
| Total Issue Size | [.] shares (aggregating up to Rs 321.24 Cr) |
| Fresh Issue | [.] shares (aggregating up to Rs 146.24 Cr) |
| Offer for Sale | 8,294,118 shares of Rs 10 (aggregating up to Rs 175.00 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 48,600,000 |
EMS IPO Timetable
| IPO Open Date | Friday, September 8, 2023 |
| IPO Close Date | Tuesday, September 12, 2023 |
| Basis of Allotment | Friday, September 15, 2023 |
| Initiation of Refunds | Monday, September 18, 2023 |
| Credit of Shares to Demat | Wednesday, September 20, 2023 |
| Listing Date | Thursday, September 21, 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on September 12, 2023 |
EMS IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 70 | Rs 14,770 |
| Retail (Max) | 13 | 910 | Rs 192,010 |
| S-HNI (Min) | 14 | 980 | Rs 206,780 |
| S-HNI (Max) | 67 | 4,690 | Rs 989,590 |
| B-HNI (Min) | 68 | 4,760 | Rs 1,004,360 |
