eMudhra Limited IPO Details
Table of Contents
Company All Details
Founded
2008
Managing Director
Managing Director of The Company, Dr. Venkatraman Srinivasan.
Company Promoters:
Promoters of the Company, Venkatraman Srinivasan and Taarav Pte Ltd.
About the company.
eMudhra Limited is the largest licensed Certifying Authority (“Certifying Authority” or “CA”) in India with a market share of 37.9% in the digital signature certificates market space in Financial Year 2021 having grown from 36.5% in Financial Year 2020. It engaged in the business of providing Digital Trust Services and Enterprise Solutions to individuals and organisations functioning in various industries. As part of its Digital Trust Services, it issues 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 its Enterprise Solutions vertical, it offers a diverse portfolio of Digital Security and Paperless Transformation Solutions, complementing its 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.
With more than 50 million digital signature certificates issued since inception, the company caters to all kinds of subscribers who use digital signature certificates for income tax return filing, filings with the Ministry of Corporate Affairs (Registrar of Companies), tenders, foreign trade, banking, railways and many other needs. The company works closely with large government and banking customers like the 20+ public and private sector banks and state governments. It has been identified and ranked amongst the ‘20 Most Promising Tech Solution Providers for Government & Public Sector 2019’ by CIO Review India. It is the only Indian company to be admitted as a member of European Cloud Signature Consortium as well as Certifying Authority / Browser Forum, a global forum that governs the use of SSL/TLS certificates and to be accredited to Webtrust, which makes their digital signature certificates directly recognized by browsers across the world, allowing them to issue digital signature certificates in many countries.
Objects Of The Offer:
- 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 IPO Details:
Issue Amount : Upto Rs 413 Cr.
Total shares on offer : Upto #16,124,456 Equity Shares
Face Value : ₹5 per share
Price Band : ₹243 to ₹256
Lot Size : 58 shares
IPO Registrar : Link Intime India Pvt. Ltd.
eMudhra Limited IPO Timeline, IPO Open Date, Listing Date, Refund Date
| IPO Open Date | 20 May 2022 |
| IPO Close Date | 24 May 2022 |
| Time | 10 AM to 5 PM |
| Basis of Allotment Date | 27 May 2022 |
| Initiation of Refunds | 30 May 2022 |
| Credit of Shares to Demat Account | 31 May 2022 |
| IPO Listing Date (Trading commence) NSE & BSE | 01 Jun 2022 |
Offer Breakup
| Category | Allocation |
|---|---|
| Qualify Institutional Bidders (QIB) | 50% |
| Non Institutional Byers (NIB) | 15% |
| Retail Individual Investor (RII) | 35% |
| Employee | – |
Important Financial Data:
For the year/period ended (₹ in Crore) Last Three Year
| Particulars (in ₹ Crore) | As at March 31, 2021 | As at March 31, 2020 | As at March 31, 2019 |
|---|---|---|---|
| Total Assets | 191 | 158 | 119 |
| Total Revenue | 131 | 116 | 101 |
| Net Profit & Loss for the period | 25 | 15 | 17 |
Prospectus Document:
Download RHP File
Download DRHP File
eMudhra Limited IPO?
Issue Amount : Upto Rs 413 Cr.
What is eMudhra Limited IPO?
eMudhra Limited IPO is a main-board IPO. They are going to raise ₹ 413 Crores via IPO. The issue is priced at ₹ 243 to ₹ 256 per equity share. The IPO is to be listed on BSE & NSE.
eMudhra Limited IPO Open?
20 May 2022 to 24 May 2022.
eMudhra Limited IPO Will open?
The IPO is to open on 20 May 2022 for QIB, NII, and Retail Investors.
Company Address
Registered and Corporate Office: Sai Arcade, 3rd Floor, No. 56
Outer Ring Road, Devarabeesanahalli, Bengaluru 560103, Karnataka.
Tel: 080-4227 5300
Contact Person: Johnson Xavier, Company Secretary and
Compliance Officer; Tel: 080 – 4227 5300
E-mail: companysecretary@emudhra.com;
Website: www.emudhra.com;
Corporate Identity Number: U72900KA2008PLC060368
eMudhra Limited IPO Registrar
Link Intime India Private Limited
C-101, 1st Floor, 247 Park
L.B.S Marg,
Vikhroli West
Mumbai 400 083
Maharashtra, India
Tel: +91 (22) 4918 6200
E-mail: emudhra.ipo@linkintime.co.in
Investor grievance
e-mail: emudhra.ipo@linkintime.co.in
Website: www.linkintime.co.in
Contact person: Shanti Gopalkrishnan
SEBI registration No.: INR000004058
How to apply on Zerodha, eMudhra Limited IPO through Zerodha?
Zerodha customers can apply online in Tarsons Products IPO using UPI as a payment gateway. Zerodha customers can apply in eMudhra Limited IPO by login into Zerodha Console (back office) and Select an I.P.O application form.
Steps to apply in eMudhra Limited IPO through Zerodha.
1. Visit the Zerodha website or Kite App and login to Zerodha.
2. Go to Console area and click the IPOs link.
3. Go to the ‘eMudhra Limited IPO’ row and click the ‘Bid’ button.
4. Enter your UPI ID, Quantity, and Price.
5. ‘Submit’ IPO application form.
6. After Successfully submitting application, Visit the UPI App and approve the mandate (Enter your UPI pin & pay the ipo amount)
7. IPO application is complete you can chek status on zerodha console.
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