EMA Partners India Ltd. was incorporated on September 9, 2003. The company is a leading executive search firm that providies tailored leadership hiring solutions to clients across various sectors. The company has successfully recruited business and functional leaders for both domestic and international clients
| Bidding Dates |
|---|
| 17 Jan 2025 - 21 Jan 2025 |
| Subscription |
|---|
| 205.65x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹1,17,000 | 1 | 1 | 1000 | 6.1 M | ₹117 - ₹124 | 63.27 % | ₹717.2 M - ₹760.1 M | RHP DOC |
EMA Partners India Ltd. IPO SUBSCRIPTION STATUS
21 Jan '25EMA Partners India Ltd. IPO overall subscription rate was 205.65 times the total available shares
EMA Partners India Ltd. IPO retail subscription rate was 222.38 times in the retail segment
EMA Partners India Ltd. IPO non-institutional investor subscription rate was 590.69 times in the non-institutional investor category
EMA Partners India Ltd. IPO Qualified Institutional Bidder subscription rate was 78.43 times the available shares for Qualified Institutional Bidder
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 35% | 15% | 50% |
21 Jan 2025 (Day 3) | 222.38x | 590.69x | 78.43x |
20 Jan 2025 (Day 2) | 35.15x | 20.63x | 0.01x |
17 Jan 2025 (Day 1) | 1.02x | 0.82x | - |
EMA Partners India Ltd. FINANCIALS
| Period | Net Profit (Rs in millions) | Revenue from Operations (Rs in millions) | Cash Flow from Operations (Rs in millions) | Free Cash Flow (Rs in millions) | Margins |
| 4MFY25 | 43.7 | 258.8 | -10.8 | -24.7 | 24.5% |
| FY24 | 142.7 | 673.0 | 119.2 | 1.5 | 24.5% |
| FY23 | 30.7 | 501.4 | 27.2 | 23.6 | 8.1% |
| FY22 | 112.7 | 569.6 | 83.3 | 68.4 | 24.8% |
EMA Partners India Ltd. IPO SUBSCRIPTION STATUS DETAILS
EMA Partners India Ltd. had 6.1 M shares on offer
EMA Partners India Ltd. IPO offer price was in the range ₹117 - ₹124
EMA Partners India Ltd. IPO minimum Investment was ₹117000
EMA Partners India Ltd. IPO issue size was ₹ 717.2 M - ₹ 760.1 M
EMA Partners India Ltd. had a minimum lot size of 1000 Shares per application
EMA Partners India Ltd. NUMBER OF SHARES ON OFFER
EMA Partners India Ltd. IPO IMPORTANT DATES
| Issue Open Date | 17 Jan 2025 |
| Issue close Date | 21 Jan 2025 |
| Allotment Date | 22 Jan 2025 |
| Refund Date | 23 Jan 2025 |
| Demat Account Credit Date | 23 Jan 2025 |
| Listing Date | 24 Jan 2025 |
| Listing on Exchange(s) | NSE |
| EMA Partners India Ltd. Allotment Status | Exchange |
EMA Partners India Ltd. IPO subscription opened on 17 Jan 2025, and closed on 21 Jan 2025
IPO allotment for EMA Partners India Ltd. was finalized on Wednesday, 22 Jan 2025
IPO listing for EMA Partners India Ltd. was on NSE on Friday, 24 Jan 2025
EMA Partners India Ltd. IPO LISTING GAINS
| Issue Price (adjusted) | 124.0 |
| Listing Open Price | 156.5 |
| Listing Close Price | 148.7 |
| Listing Gain% | 26.2% |
| Current Gain% | -34.7% |
EMA Partners India Ltd. Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| EMA Partners India Ltd. | 81 | 188.3 | 15.3 | -6.2 | 2.1 | 8 | 7.2 | 90.6 | 14.6 | 12.3 | -2.4 | 5.3 | -2.4 |
| Sagility Ltd. | 43.7 | 20443.4 | 20.6 | 0.4 | 2.7 | 9.6 | 7.3 | 7290.8 | 29.6 | 924.8 | 71.5 | 2.1 | 49.2 |
| International Gemological Institute Ltd. | 355.8 | 15376.2 | 25.2 | 1 | 11.3 | 47.8 | 38.3 | 1661.9 | 52.7 | 711.2 | 66.4 | 14.1 | 24.3 |
| Indiabulls Ltd. | 29.4 | 6855.8 | 16.4 | 0 | 6.2 | 8.9 | 6.6 | 880.8 | 172602 | 273.9 | 501.6 | 1.8 | 739.2 |
| SIS Ltd. | 435 | 6146.2 | 41.9 | 0.2 | 0.4 | 5.4 | 1.8 | 16030.1 | 20.9 | 137.8 | 1069.1 | 10.4 | 261.6 |
| eMudhra Ltd. | 538.8 | 4462.3 | 38.8 | 1.5 | 6 | 11.8 | 8.9 | 713.2 | 35.1 | 107.8 | 27.4 | 13.9 | 25.5 |
EMA Partners India Ltd. INFORMATION ON IPO ISSUE
About EMA Partners India Ltd.
EMA Partners India Ltd. was incorporated on September 9, 2003. The company is a leading executive search firm that providies tailored leadership hiring solutions to clients across various sectors. The company has successfully recruited business and functional leaders for both domestic and international clients
Object of the Issue
- Augmenting leadership team for the company & its subsidiaries
- Capital expenditure towards upgrading the existing IT infrastructure for the company and its subsidiaries
- Repayment and/or pre-payment, in full, of the borrowing availed by the company to purchase office premises
- General corporate purposes and unidentified inorganic acquisitions
EMA Partners India Ltd. - PROMOTERS
| Name |
|---|
| Krishnan Sudarshan |
| Subramanian Krishnaprakash |
EMA Partners India Ltd. Lead Manager of the Issue
Indorient Financial Services Limited
compliance-ifsl@indorient.in
EMA Partners India Ltd. Registrar to the issue
Bigshare Services Private Limited
ipo@bigshareonline.com
EMA Partners India Ltd. Strengths
Functional knowledge and expertise
The company has handled recruitment assignments across various industry sectors, including Information Technology, Healthcare, Education, Private Equity and Venture Capital, Banking and Financial Services, Real Estate, and Energy. The company's teams, equipped with functional expertise across these industries, enhance its ability to execute assignments successfully
Operational efficiency
The company has adopted technology tools, including a SaaS platform for entry-level hiring, improving operational efficiency and performance, especially in candidate sourcing and timely closure of hiring positions. Leveraging technology has allowed the company to standardize processes, reduce manual operations, and handle a growing volume of assignments
Client relationship
With over 20 years of industry experience, the company has established strong, long-term relationships with clients, leading to repeat business. This success reflects the company's ability to manage complex business needs across industries, providing value-added services and a strong commitment to high levels of client service
EMA Partners India Ltd. Risks
Competition
The company faces significant competition from both domestic and global firms, including small boutique recruitment agencies in the fragmented domestic market. This competition may lead to a loss of market share, reduced demand for services, and potentially lower fees, adversely affecting the company's operating results and future growth
Liability
The company may face potential claims related to the executive search process and consulting services, such as breach of terms of engagement or recommending a candidate who turns out to be unsuitable for the position. These claims could pose risks to the company's reputation and financial condition
Social media risks
The inappropriate or unauthorized use of social media platforms by clients or employees, including blogs, social media websites, and other internet-based communications, could harm the company's brand, lead to litigation, or result in information leakage, including the improper collection or dissemination of personally identifiable information of candidates and clients
IPO FAQs
This IPO consists of an offer for sale of up to Rs 9.9 crore, of 796,000 shares. It also consists of a fresh issue of Rs 66.1 crore.
The promoters of the company are Krishnan Sudarshan and Subramanian Krishnaprakash.
The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.
The price band of the IPO is Rs 117.0 - 124.0.
The IPO application opens on Jan 17, 2025 and closes on Jan 21, 2025.
The minimum lot size for the IPO is 1000. The maximum lot size for the IPO is 1000.
For all category investors, the minimum application amount for this IPO is Rs. 117,000.0, the maximum value for this IPO is Rs 124,000.0.
This IPO will be allotted on Jan 22, 2025.
The refund will be credited to your account on Jan 23, 2025.
The allotted shares will be credited to your demat on Jan 23, 2025.
EMA Partners India Ltd.’s shares listed on the stock exchanges on Jan 24, 2025.