EMS Limited shares are now available for trading in the unlisted stock market, with a current premium of Rs 125, as reported by market observers.
EMS IPO Subscription Status
The EMS IPO has received a subscription of 0.25 times overall, with the retail portion being subscribed 0.34 times as of 10:48 am on the first day of bidding.
The Non-Institutional Investor (NII) portion has been filled 0.37 times.
Key EMS IPO Details
EMS IPO GMP: Market experts note that EMS Limited shares are trading at a premium of Rs 125 in the unlisted stock market.
EMS IPO Price: The IPO price range is set at Rs 200 to Rs 211 per equity share.
EMS IPO Date: The book build issue opened for subscribers today and will remain open for bids until September 12, 2023.
EMS IPO Size: The company aims to raise ₹321.24 crore through its initial offer, with ₹146.24 crore expected from the fresh issue and ₹175 crore reserved for the Offer for Sale (OFS).
EMS IPO Lot Size: Investors can apply for shares in lots, with each lot consisting of 70 company shares.
EMS IPO Allotment Date: The share allotment is anticipated to be finalized on September 15, 2023.
EMS IPO Registrar: Keffin Technologies is the official registrar for the IPO.
EMS IPO Listing: The book build issue is planned for listing on both BSE and NSE.
EMS IPO Listing Date: The IPO is scheduled to be listed in the Indian markets on September 21, 2023.
EMS IPO Review: Most market experts have recommended subscribing to this IPO for the long term.
