EMA Partners IPO is scheduled to open for subscription on January 17, 2025, and close on January 21, 2025. The company plans to raise ₹76.01 crores through this Book Built Issue, which includes a fresh issue of ₹66.14 crores and an offer for sale of up to 7,96,000 equity shares, each with a face value of ₹5.
The price band for the IPO is set between ₹117 and ₹124 per share. The IPO will allocate 35% of the shares for retail investors, 50% for Qualified Institutional Buyers (QIB), and 15% for High Net-Worth Individuals (HNI). EMA Partners is expected to list on the NSE SME platform, with the tentative listing date set for January 24, 2025.
For retail investors, the minimum lot size is 1000 shares, requiring an investment of ₹1,24,000, while HNI investors will need to invest ₹2,48,000 for 2000 shares. Given the company’s strong financial performance, with revenue growing from ₹51.06 crores in 2023 to ₹68.83 crores in 2024, and profits soaring from ₹3.07 crores to ₹14.27 crores, the IPO appears promising for long-term investors.
Overview of Contents
EMA Partners IPO Overview
| Parameter | Details |
|---|---|
| IPO Open Date | January 17, 2025 |
| IPO Close Date | January 21, 2025 |
| Listing Date | January 24, 2025 (tentative) |
| Face Value | ₹5 per share |
| Price Band | ₹117 to ₹124 per share |
| Lot Size | 1,000 Shares |
| Total Issue Size | 61,30,000 shares (aggregating up to ₹76.01 Cr) |
| Fresh Issue | 53,34,000 shares (aggregating up to ₹66.14 Cr) |
| Offer for Sale | 7,96,000 shares (aggregating up to ₹9.87 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Pre Issue Shareholding | 1,79,12,426 shares |
| Post Issue Shareholding | 2,32,46,426 shares |
| Market Maker Portion | 3,07,000 shares |
| Retail Quota | 35% |
| QIB Quota | 50% |
| HNI Quota | 15% |
| Allotment Date | January 22, 2025 (tentative) |
| Refund Initiation | January 23, 2025 (tentative) |
| Shares Credit Date | January 23, 2025 (tentative) |
| Minimum Investment | ₹1,24,000 (1,000 shares) |
| HNI Minimum Investment | ₹2,48,000 (2,000 shares) |
EMA Partners IPO Lot Size
Investors can bid for a minimum of 1000 shares and in multiples of 1000 shares thereafter. Below is the table that shows the minimum and maximum investment amounts for retail investors and HNI investors in terms of shares and amounts.
| Application Type | Lots | Shares | Investment Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1000 | ₹1,24,000 |
| Retail (Max) | 1 | 1000 | ₹1,24,000 |
| HNI (Min) | 2 | 2,000 | ₹2,48,000 |
| HNI (Max) | 10 | 10,000 | ₹12,40,000 |
EMA Partners IPO Dates
| Event | Date |
|---|---|
| IPO Subscription Start Date | Friday, January 17, 2025 |
| IPO Subscription End Date | Tuesday, January 21, 2025 |
| Basis of Allotment Announcement | Wednesday, January 22, 2025 |
| Refund Process Initiation | Thursday, January 23, 2025 |
| Shares Credit to Demat Accounts | Thursday, January 23, 2025 |
| Stock Listing Date | Friday, January 24, 2025 |
| UPI Mandate Confirmation Deadline | 5 PM on January 21, 2025 |
EMA Partners IPO Promoter Holding
Mr. Krishnan Sudarshan and Mr. Subramanian Krishnaprakash are the visionary promoters of EMA Partners IPO. With extensive experience in the industry, both have played key roles in driving the company’s growth and strategic direction. Mr. Sudarshan brings innovative leadership, while Mr. Krishnaprakash focuses on business development and financial management. Together, they form a strong leadership team committed to achieving long-term success for the company. Their combined expertise continues to guide EMA Partners IPO toward its growth objectives.
| Shareholding | Percentage |
|---|---|
| Pre-Issue | 86.14% |
| Post-Issue | % |
EMA Partners IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Offer |
| Retail Shares Offered | Not less than 35% of the Net Offer |
| NII (HNI) Shares Offered | Not more than 15% of the Net Offer |
About EMA Partners IPO
EMA Partners India Limited, established in 2003 and headquartered in Mumbai, is a leading executive search firm that provides specialized leadership hiring solutions across various sectors. The company offers two core services: Executive Search and Leadership Advisory, catering to the recruitment needs of business and functional leaders globally. With a strong foothold in India, EMA Partners India has expanded its operations internationally, establishing subsidiaries in Singapore (2010), Dubai (2017), and a second Dubai branch under James Douglas (2022), enabling access to global talent. The firm specializes in C-suite and board-level hiring through its Indian headquarters, while its Dubai-based branch, James Douglas, focuses on mid-to-senior-level recruitment across industries.
The company’s success is driven by its experienced leadership team, which fosters deep, long-lasting relationships with clients, resulting in repeat business. EMA Partners India benefits from advanced technology, including a robust SaaS platform and operational processes that ensure efficiency in recruitment. As of November 2024, EMA Partners India employed 117 full-time staff members, offering high-quality leadership recruitment services to both local and international clients. With a client portfolio that spans global corporations, local companies, and not-for-profit organizations, EMA Partners has become a trusted partner for helping businesses recruit leaders who make a significant impact in their organizations and society.
EMA Partners IPO Company Financial Report
EMA Partners India Limited showed strong financial performance despite fluctuations in revenue. As of July 31, 2024, the company had assets of ₹7,504.71 Lakhs and reported revenue of ₹2,632.90 Lakhs. The profit after tax was ₹437.22 Lakhs, which is lower than the previous period but still reflects profitability. The company’s net worth increased to ₹5,782.72 Lakhs, and reserves were robust at ₹5,806.16 Lakhs. Borrowings were stable at ₹723.50 Lakhs, indicating effective management of liabilities for growth and expansion.
| Period Ended | 31 Jul 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets (₹ Lakhs) | 7,504.71 | 7,659.05 | 5,326.29 | 5,850.27 |
| Revenue (₹ Lakhs) | 2,632.90 | 6,883.45 | 5,106.16 | 5,786.52 |
| Profit After Tax (₹ Lakhs) | 437.22 | 1,427.30 | 307.07 | 1,127.06 |
| Net Worth (₹ Lakhs) | 5,782.72 | 5,373.95 | 3,945.52 | 3,888.45 |
| Reserves & Surplus (₹ Lakhs) | 5,806.16 | 5,397.32 | 3,992.52 | 3,939.14 |
| Total Borrowing (₹ Lakhs) | 723.50 | 758.02 | 55.97 | 389.55 |
EMA Partners IPO Valuation – FY2024
| KPI | Values |
|---|---|
| ROE: | -% |
| ROCE: | -% |
| EBITDA Margin: | 24.50% |
| PAT Margin: | 20.74% |
| Debt to equity ratio: | NA |
| Earning Per Share (EPS): | ₹8.40 (Basic) |
| Price/Earning P/E Ratio: | NA |
| Return on Net Worth (RoNW): | 30.63% |
| Net Asset Value (NAV): | ₹31.61 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| Quess Corp Limited | 18.72 | 35.29 | 9.85% | 178.19 | – Cr. |
| Teamlease services limited | 62.87 | 46.30 | 14.05% | 474.32 | – Cr. |
Objects of the Issue
- Augmenting Leadership Team for (a) the Company and (b) its subsidiaries
- Capital expenditure towards upgrading the existing IT infrastructure for (a) the Company and (b) its subsidiaries
- Repayment and/or pre-payment, in full, of the borrowing availed by the Company with respect to purchase of office premises
- General Corporate Purposes and unidentified inorganic acquisitions
EMA Partners IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
IPO Lead Managers aka Merchant Bankers
- Indorient Financial Services Ltd
Company Address
EMA Partners India Limited
204, The Summit- Business Bay,
Western Express Highway,
Vile Parle (East), Mumbai 400057
Phone: +91 22 3500 8805
Email: mumbai@emapartners.in
Website: http://www.emapartners.in/
EMA Partners IPO FAQs
What is the IPO opening and closing date?
The IPO opens on January 17, 2025, and closes on January 21, 2025.
What is the price band for the IPO?
The price band for the IPO is ₹117 to ₹124 per share.
What is the minimum lot size for investment?
The minimum lot size for retail investors is 1000 shares.
What is the total issue size of the IPO?
The total issue size is ₹76.01 crores, consisting of a fresh issue and offer for sale.
When will the EMA Partners IPO be listed?
The IPO is expected to list on the NSE SME on January 24, 2025.
Who are the promoters of the company?
The promoters of EMA Partners India Limited are Mr. Krishnan Sudarshan and Mr. Subramanian Krishnaprakash.
What is the retail quota for the IPO?
The retail quota for the IPO is 35%.
What is the application process for HNI?
HNI investors can apply for a minimum of 2 lots (2000 shares), amounting to ₹2,48,000.