EMA Partners India IPO allotment date likely today. GMP, how to check allotment status
Team Finance Saathi
22/Jan/2025

What's covered under the Article:
- Overview of EMA Partners India IPO: Subscription dates, price band, and market capitalization.
- Subscription trends and Grey Market Premium (GMP) details.
- Key financial metrics and valuation analysis of the company.
EMA Partners India, founded in 2003, is a prominent executive search and leadership consulting firm. They specialize in recruiting leaders for organizations across all industries, helping clients identify, assess, and develop top-tier talent for Board, C-Suite, and Senior Executive positions. The firm has made a significant impact on businesses globally and has expanded its presence in leadership development.
The IPO is valued at ₹76.01 Crores, consisting of a fresh issue of 53.34 Lakh shares worth ₹66.14 Crores and an offer for sale of 7.96 Lakh shares totaling ₹9.87 Crores. The price band for the IPO is set between ₹117 to ₹124 per equity share. At the upper price band, the market capitalization will be ₹288.25 Crores. The lot size is 1,000 shares, requiring a minimum investment of ₹1,24,000 for retail investors, while High-Net-Worth Individuals (HNIs) must invest ₹2,48,000 for 2 lots.
The subscription period for the IPO runs from January 17, 2025, to January 21, 2025, with the allotment scheduled for January 22, 2025. The tentative listing date on the NSE SME platform is January 24, 2025.
Subscription and GMP Trends
The Grey Market Premium (GMP) for EMA Partners India IPO is ₹0, indicating no potential listing gains. The lack of a positive GMP suggests limited investor interest in the grey market, but the IPO performance will only be determined post-listing on the exchange.
Anchor Investors
EMA Partners India has raised ₹21.65 Crores from anchor investors at ₹124 per share, with an allocation of 17,46,000 equity shares. This institutional backing provides credibility to the IPO.
Financial Performance and Valuation
EMA Partners India reported revenue of ₹2,632.90 Lakh for the period ending July 31, 2024. The Profit After Tax (PAT) for the same period was ₹437.22 Lakh, reflecting steady financial growth. The company's pre-issue EPS stands at ₹8.4, and the post-issue EPS is ₹6.14 for FY24. The pre-issue P/E ratio is 14.76x, while the post-issue P/E ratio is 20.20x, compared to the industry P/E ratio of 40x, suggesting the IPO is fully priced.
Investment Recommendation
With no expected listing gains (GMP of 0%), and based on the company's financial performance and valuation, we recommend investors to avoid the EMA Partners India IPO if looking for listing gains.
IPO Allotment Process
The allotment date for the EMA Partners India IPO is January 22, 2025. Investors can check their allotment status by visiting the registrar’s website and entering their application number, PAN, or DP Client ID.
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