EMS Limited IPO
EMS Limited was a mainboard IPO in the Waste Management sector, offered at ₹200–₹211 per share to raise ₹321 crore. The issue was subscribed 75.28× overall (QIBs 153.02×, NIIs 82.32×, retail 29.79×). It listed on 21 Sep 2023 at ₹282 and closed its first day at ₹280, a listing gain of +32.6% versus the ₹211 issue price. It now trades around ₹281 (+33.1% versus the issue price).
Frequently asked questions
- How many times was the EMS Limited IPO subscribed?
- The EMS Limited IPO was subscribed 75.28× overall — 153.02× in the QIB category, 82.32× among non-institutional investors, 29.79× in retail.
- What were the EMS Limited IPO listing gains?
- EMS Limited listed on 21 Sep 2023 at ₹282, closing its first day at ₹280 — a listing gain of +32.6% versus the ₹211 issue price.
- What were the retail allotment odds for the EMS Limited IPO?
- Retail was subscribed 29.79×, so a single-lot application had roughly a 3.4% chance of allotment (about 1 in 30), and allotment was finalised on 15 Sep 2023.
- What was the price band and lot size of the EMS Limited IPO?
- The price band was ₹200–₹211 per share, with a minimum lot of 70 shares (₹14,770 at the upper band).
- Who were the registrar and lead manager for the EMS Limited IPO?
- Kfin Technologies Limited was the registrar, and Khambatta Securities was the book-running lead manager.