EMS Ltd IPO

Incorporated on December 21, 2020, EMS Limited is involved in the business of Sewerage solution providers, Water and Waste Treatment Plants, Road and Allied works, Water Supply Systems, Electrical Transmission and Distribution, maintenance and operation of Water Supply Scheme Projects (WSSPs) and Wastewater Scheme Projects (WWSPs) for government authorities. 

The Sewage Treatment Plants (STPs) and Common Effluent Treatment Plants (CETPs) by EMS are compliant with the Forest and Climate Change of India norms, the Ministry of Environment, and the treated water can be used for washing, horticulture, refrigeration, etc. The company bids for tenders issued by the State Governments, Urban Local Bodies and Central Public Works Department (CPWD) for developing WSSPs and WWSPs. 

EMS Limited IPO Details

EMS Limited IPO Date 

EMS Limited’s IPO will open on September 8, 2023, and close on September 12, 2023.EMS Limited’s IPO will be listed on the BSE and NSE exchanges on August 21, 2023.

EMS Limited IPO Price Band

EMS is both a fresh IPO and an Offer for Sale worth ₹321.24 crore. The issue comprises 15,606,119 – 15,224,924 shares and is priced at ₹200 to ₹211 per share. 

EMS Limited IPO Lot Size

EMS Limited’s IPO lot size is 70 shares, and retail investors need to apply for a minimum of 1 lot, which is ₹14,770. 

Peer Details

EMS faces competition from publicly listed players like VA Tech Wabag Limited, which operates in the same business.

How To Check the EMS Limited Allotment Status?

Steps to check IPO allotment status on Angel One’s app:

• Log in to the Angel One app
• Go to the IPO Section and then to IPO Orders
• Select the individual IPO that you had applied for and check the allotment status.
• As such, Angel One will notify you of your IPO allotment status via push notification and email.

Open a demat account with Angel One to apply for the EMS Limited IPO

Contact Details of EMS Limited IPO

• Registered office: 701, DLF Tower A, Jasola New Delhi - 110025, India.
• Phone: +91 8826696627 
• E-mail:cs@ems.co.in

EMS Ltd Company Financials

Know before investing

Strengths

1. The net worth of the company increased by ~61% from ₹30,191.46 lakh on March 31, 2021, to ₹48,783.23 lakh on March 31, 2023.

2. The total income of the company has increased by approximately 62% from ₹33,618.42 lakh on March 31, 2021, to ₹54,327.71 lakh on March 31, 2023.

3. Since 2010, EMS has been offering services to government bodies and municipalities. As of July 31, 2023, the company holds 18 projects aggregating to ₹1,744.92 crore and 5 operations and maintenance projects aggregating to ₹99.28 crore.

Risks

1. The company is highly dependent on government projects for its revenue. Any changes in the government policies regarding water or the environment may affect the company adversely.

2. As of March 31, 2023, the company reported a negative cash flow from operating activities of -₹2,540.12 lakh.

3. Previously, the company has been blacklisted by government bodies for the inadequacy of safety equipment or measures provided to labour and for falsely and fraudulently mentioning certain wrong facts in Forms 2 and 3B of the Standard/Model Bid Documents (SBD).