eMUDHRA IPO Details

eMUDHRA IPO subscription is to open on 20 May 2022 and will close on 24 May 2022, the price band of the eMUDHRA IPO is fixed at ₹ 243 – ₹ 256. eMUDHRA is the largest licensed Certifying Authority in India. Check the eMUDHRA Subscription Status & Allotment Status.

About eMUDHRA

eMUDHRA is the largest licensed Certifying Authority (“Certifying Authority” or “CA”) in India. eMUDHRA engaged in the business of providing Digital Trust Services and Enterprise Solutions to individuals and organisations functioning in various industries.

In the Digital Trust Services, eMUDHRA issue a range of certificates including individual/organizational certificates, SSL/TLS certificates and device certificates (used in IoT use cases) to build a digital trust backbone.

Under the Enterprise Solutions vertical, eMUDHRA offer a diverse portfolio of Digital Security and Paperless Transformation Solutions, complementing our Digital Trust Services business, to customers engaged in different industries, thereby making the company a ‘one stop shop’ player in secure digital transformation to provide a wide spectrum of services and solutions from issuance of certificates as a certifying authority to offering identity, authentication and signing solutions.

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Important Details – eMUDHRA

Important DatesDetails
June 16, 2008The company was originally incorporated as ‘3i Infotech Consumer Services Limited,’ as a wholly owned subsidiary of 3i Infotech Limited
November 16, 2010Pursuant to an acquisition of the company by Indus Innovest Technologies Private Limited and the shareholders resolution dated , the name of the company was changed to ‘eMudhra Consumer Services Limited’
September 23, 2011The registered office of the Company was changed from Maharashtra to Karnataka
October 21, 2014The name of the company was further changed to ‘eMudhra Limited’

Objects of the Issue

  • Repayment or pre-payment, in full or in part, of all or certain borrowings availed by the Company
  • Funding working capital requirements of the company
  • Purchase of equipments and funding of other related costs for data centers proposed to be set-up in India and overseas locations
  • Funding of expenditure relating to product development
  • Investment in eMudhra INC for augmenting its business development, sales, marketing and other related costs for future growth
  • General corporate purposes

eMUDHRA Limited Financials:

Summary of financial Information (Restated Consolidated Statement)

Particulars For the year ended (₹ in millions)
  31-Dec-21 31-Mar-21 31-Mar-20 31-Mar-19
Total Assets 2,541.11 1,919.14 1,587.11 1,195.15
Total income 1,383.04 1,324.54 1,167.99 1,016.80
Total Expenses 1,015.62 1,012.74 937.81 781.34
Profit After Tax 303.40 253.59 184.16 174.36

eMUDHRA IPO Price – Details

DescriptionEMUDHRA IPO Details
Public IssueInitial Public Issue of upto 1,64,60,908 Equity Shares of ₹ 5 (aggregating up to ₹ 412.79 Crore) and an offer for sale of up to 9,835,394 Equity Shares
Issue Open  Date20-May-22
Issue Close Date24-May-22
Issue TypeBook Building
IPO Price Band₹ 243 – ₹ 256
Face Value ₹ 5
Market Lot 58 Equity Shares and in multiples thereof
Minimum Order Quantity 58 Equity Shares
Maximum Subscription Amount for Retail InvestorRs. 2,00,000
Listing NSE, BSE
NSE SymbolEMUDHRA
IPO Market Timings 10.00 a.m. to 5.00 p.m.

eMUDHRA IPO DRHP & RHP

eMUDHRA IPO Lot Size

ApplicationLotsNo of SharesAmount (Rs)
Minimum158₹ 14,848
Maximum13754₹ 1,93,024

eMUDHRA IPO Lead Managers

  • IIFL Securities Ltd
  • YES Securities (India) Ltd
  • Indorient Financial Services Ltd

eMUDHRA IPO Registrar

eMUDHRA IPO Allotment Date, Listing Date and other Important Dates

DetailsImportant Dates
Bid / Offer Opens on20-May-22
Bid / Offer Closes on24-May-22
Finalisation of Basis of Allotment27-May-22
Initiation of refunds 30-May-22
Credit of the Equity Shares31-May-22
Listing Date01-Jun-22

Company Peers – Comparison of Accounting Ratios

The company does not have any listed peers which are comparable in terms of business.

Company Registered and Corporate Office

Sai Arcade, 3rd Floor,
No. 56 Outer Ring Road,
Devarabeesanahalli,
Bengaluru 560103,
Karnataka
Website: www.emudhra.com

Company Promoters

  • Venkatraman Srinivasan and
  • Taarav Pte. Ltd

eMUDHRA IPO – FAQS

What is the eMUDHRA IPO Price?

The eMUDHRA IPO price band is ₹ 243 – ₹ 256 per share

When eMUDHRA IPO will open?

The eMUDHRA IPO opens on May 20, 2022 and closes on May 24, 2022

What is the lot size of eMUDHRA IPO?

The eMUDHRA IPO lot size is 58 Equity Shares and the minimum order quantity is 58 Equity Shares

Who is the Registrar for eMUDHRA IPO?

The Registrar for eMUDHRA IPO is Link Intime India Private Limited

How to apply in eMUDHRA IPO through UPI?

Check the step by step process here – Click here

How to apply in eMUDHRA IPO through Zerodha?

Check the step by step process here – Click here

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