Emiac Technologies was incorporated on January 20, 2017. The company is an AI-based digital solutions provider offering services such as digital marketing, branding, content creation, and business automation to support brand growth. It delivers tailored solutions to help organizations enhance their digital presence, improve operations, and achieve long-term business objectives
| Bidding Dates |
|---|
| 27 Mar 2026 - 08 Apr 2026 |
| Subscription |
|---|
| 3.06x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹2,23,200 | 2 | 2 | 1200 | 3.2 M | ₹93 - ₹98 | 50 % | ₹301.3 M - ₹317.5 M | RHP DOC |
Emiac Technologies IPO SUBSCRIPTION STATUS
08 Apr '26Emiac Technologies IPO overall subscription rate was 3.06 times the total available shares
Emiac Technologies IPO retail subscription rate was 4.96 times in the retail segment
Emiac Technologies IPO non-institutional investor subscription rate was 7.05 times in the non-institutional investor category
Emiac Technologies IPO Qualified Institutional Bidder subscription rate was 0.54 times the available shares for Qualified Institutional Bidder
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 35% | 15% | 50% |
08 Apr 2026 (Day 7) | 4.96x | 7.05x | 0.54x |
07 Apr 2026 (Day 6) | 2.27x | 3.23x | 0.54x |
06 Apr 2026 (Day 5) | 1.28x | 1.6x | 0.54x |
02 Apr 2026 (Day 4) | 0.63x | 1.16x | - |
01 Apr 2026 (Day 3) | 0.38x | 1.07x | - |
30 Mar 2026 (Day 2) | 0.2x | 0.86x | - |
27 Mar 2026 (Day 1) | 0.13x | 0.41x | - |
Emiac Technologies FINANCIALS
| Period | Revenue from Operations (Rs in crore) | Net Profit (Rs in crore) | Cash Flow from Operations (Rs in crore) | Free Cash Flow (Rs in crore) | Margins |
| H1FY26 | 14.1 | 4.5 | -3.7 | -3.9 | 43.8% |
| FY25 | 19.9 | 4.2 | 1.4 | 1.2 | 29.8% |
| FY24 | 5.3 | 0.8 | 0.4 | 0.3 | 23.3% |
| FY23 | 2.9 | 0.4 | 0.4 | 0.2 | 20.3% |
Emiac Technologies IPO SUBSCRIPTION STATUS DETAILS
Emiac Technologies had 3.2 M shares on offer
Emiac Technologies IPO offer price was in the range ₹93 - ₹98
Emiac Technologies IPO minimum Investment was ₹223200
Emiac Technologies IPO issue size was ₹ 301.3 M - ₹ 317.5 M
Emiac Technologies had a minimum lot size of 1200 Shares per application
Emiac Technologies NUMBER OF SHARES ON OFFER
Emiac Technologies IPO IMPORTANT DATES
| Issue Open Date | 27 Mar 2026 |
| Issue close Date | 08 Apr 2026 |
| Allotment Date | 09 Apr 2026 |
| Refund Date | 10 Apr 2026 |
| Demat Account Credit Date | 10 Apr 2026 |
| Listing Date | 13 Apr 2026 |
| Listing on Exchange(s) | BSE |
| Emiac Technologies Allotment Status | Exchange/ Registrar |
Emiac Technologies IPO subscription opened on 27 Mar 2026, and closed on 08 Apr 2026
IPO allotment for Emiac Technologies was finalized on Thursday, 09 Apr 2026
IPO listing for Emiac Technologies was on BSE on Monday, 13 Apr 2026
Emiac Technologies IPO LISTING GAINS
| Issue Price (adjusted) | 98.0 |
| Listing Open Price | 107.8 |
| Listing Close Price | 108.8 |
| Listing Gain% | 10.0% |
| Current Gain% | -4.1% |
Emiac Technologies 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 % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Emiac Technologies Ltd. | 94 | 115.1 | 31.8 | -2.2 | 3.5 | 28.6 | 12.7 | 32.9 | 63.8 | 3.6 | -14.2 | 3 | -14.2 |
| Media Matrix Worldwide Ltd. | 14.9 | 1691.2 | 288.8 | 4.3 | 1.3 | 8.7 | 2.4 | 1261.5 | -33.3 | 5.9 | 67.4 | 0.1 | 67.4 |
| Signpost India Ltd. | 267.6 | 1430.1 | 19.4 | 0.2 | 2.4 | 24.4 | 10.2 | 580.9 | 26.7 | 70.1 | 107.3 | 13.8 | 94.1 |
| Bright Outdoor Media Ltd. | 360 | 785.6 | 32.7 | 13 | 10.9 | 155.4 | 21.4 | 24 | 26.1 | 11 | |||
| Praveg Ltd. | 276.6 | 722.9 | -62.7 | 0.4 | 3 | -2.6 | -1.6 | 242.4 | 39 | -11.5 | -175.2 | -4.4 | -171.9 |
| R K Swamy Ltd. | 103.3 | 521.6 | 23.6 | 1.3 | 1.5 | 8.4 | 5.2 | 351.7 | 14.9 | 22.1 | 18.5 | 4.4 | 18.5 |
Emiac Technologies INFORMATION ON IPO ISSUE
About Emiac Technologies
Emiac Technologies was incorporated on January 20, 2017. The company is an AI-based digital solutions provider offering services such as digital marketing, branding, content creation, and business automation to support brand growth. It delivers tailored solutions to help organizations enhance their digital presence, improve operations, and achieve long-term business objectives
Object of the Issue
- Funding requirement towards purchase of computers, laptops, other related accessories, purchase of software subscriptions and cloud hosting
- Funding working capital requirements of the company
- Hiring of manpower in the company
- Branding, advertisement and marketing activities
- General corporate purpose
Emiac Technologies - PROMOTERS
| Name |
|---|
| Divya Gandotra |
| Shivam Bhateja |
| Dushyant Gandotra |
Emiac Technologies - MANAGEMENT & LEADERSHIP
| Name | Designation |
|---|---|
| Divya Gandotra | Managing Director |
| Shivam Bhateja | Chairman & Non-Executive Director |
| Dushyant Gandotra | Non-Executive Director |
| Chetan Kumar Joshi | Non-Executive Independent Director |
| Rachana Agarwal | Non-Executive Independent Director |
Emiac Technologies Book Running Lead Manager
Smart Horizon Capital Advisors Private Limited
director@shcapl.com
Emiac Technologies Registrar to the issue
Bigshare Services Private Limited
ipo@bigshareonline.com
Emiac Technologies Strengths
Diverse service portfolio
The company has a diversified client base across multiple industries such as digital marketing, BFSI, healthcare, IT, education, and automobile sectors. Its integrated services and multilingual capabilities enable it to serve clients across various geographies and reach a broader global audience
Transparent & scalable pricing models
The company offers flexible pricing models, including retainers, project-based, and performance-linked structures, to suit clients across different growth stages. Transparent pricing and tailored engagement models help build long-term client relationships and support diverse business needs
ROI-first & data-driven strategy
The company’s SEO-driven approach has demonstrated measurable results, including improved keyword rankings, increased organic traffic, and stronger backlink profiles. This shift towards organic growth enhances long-term visibility and cost efficiency by reducing dependence on paid advertising
Emiac Technologies Risks
Order-based revenue model
The company operates primarily on an order-to-order basis without long-term client contracts, making its revenue dependent on the continuity and scale of client engagements. Any disruption in order flow or client relationships may lead to revenue volatility and impact profitability and financial performance
Technological obsolescence & analytics risk
The company faces the risk of technological obsolescence due to rapid advancements in AI, ML, and digital analytics, requiring continuous upgrades and investment. Failure to adopt new technologies or deliver accurate data insights may lead to client dissatisfaction, loss of competitiveness, and adverse business performance
Competition
The company operates in a highly competitive digital marketing industry, facing pricing pressure from large global players and agile niche agencies. Technological disruptions and intense competition may impact client acquisition, pricing power, and overall profitability
IPO FAQs
The promoters of the company are Divya Gandotra, Shivam Bhateja and Dushyant Gandotra.
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 93.0 - 98.0.
The IPO application opens on Mar 27, 2026 and closes on Apr 08, 2026.
The minimum lot size for the IPO is 2400. The maximum lot size for the IPO is 2400.
For all category investors, the minimum application amount for this IPO is Rs. 223,200.0, the maximum value for this IPO is Rs 235,200.0.
This IPO will be allotted on Apr 09, 2026.
The refund will be credited to your account on Apr 10, 2026.
The allotted shares will be credited to your demat on Apr 10, 2026.
Emiac Technologies Ltd.’s shares listed on the stock exchanges on Apr 13, 2026.