EMA Partners IPO made its debut on the NSE Emerge platform on January 24, with shares listing at ₹156.5 each, reflecting a 26.21% premium over its IPO price. The price band for the offer was ₹117-124 per share, and the SME issue was oversubscribed by over 200 times in the primary market.
EMA Partners IPO Subscription Status
The EMA Partners India IPO saw overwhelming demand, with a total of 3,70,394 applications received, bidding for 90.16 million shares. Qualified Institutional Buyers (QIBs) submitted bids for 17.19 million shares, while Non-Institutional Investors (NIIs) bid for 38.84 million shares. Retail Individual Investors (RIIs) contributed the highest, with 3,41,219 applications for 34.12 million shares. The IPO was heavily oversubscribed, highlighting strong investor interest.
EMA Partners IPO GMP
The latest GMP for EMA Partners India IPO, updated on January 24th, 2025, is ₹64, reflecting an expected profit of 51.61%. The issue price for the EMA Partners IPO (EMAIN) was ₹124, and the shares listed at ₹156.50, which is a 26.21% premium over the allotment price. This positive listing price showcases strong investor demand and market confidence.
Details About EMA Partners IPO
EMA Partners IPO opened for subscription from January 17 to January 21, 2025, with a price band of ₹117 to ₹124 per share. The company raised ₹76.01 crores, with ₹66.14 crores from a fresh issue and the remainder through an offer for sale. Key details included:
- Retail Investors (RII): Minimum lot size of 1000 shares, requiring an investment of ₹1,24,000.
- Qualified Institutional Buyers (QIB): 50% of shares allocated.
- High Net-Worth Individuals (HNI): Minimum lot size of 2000 shares, requiring an investment of ₹2,48,000.
Funds Deployment of This Company
- Strengthening the leadership team for the company and its subsidiaries.
- Upgrading the existing IT infrastructure for both the company and its subsidiaries.
- Repaying or pre-paying the loan taken by the company for the purchase of office premises.
- General corporate purposes and potential inorganic acquisitions.
About EMA Partners IPO
EMA Partners India Ltd., established in 2003 and based in Mumbai, is a leading executive search firm specializing in C-suite and board-level recruitment. With subsidiaries in Singapore, Dubai, and a second Dubai branch, the firm provides executive search and leadership advisory services globally.
The company’s success is driven by an experienced leadership team, advanced technology, and strong client relationships. EMA Partners employs 117 staff members and serves a diverse client portfolio, including global corporations and not-for-profit organizations.
Financial Background of EMA Partners IPO
As of July 31, 2024, EMA Partners reported assets of ₹7,504.71 lakhs, revenue of ₹2,632.90 lakhs, and a profit after tax of ₹437.22 lakhs. The company’s net worth stood at ₹5,782.72 lakhs, with reserves & surplus at ₹5,806.16 lakhs and total borrowings of ₹723.50 lakhs.