EMA Partners India Ltd IPO Allotment Status: Check Latest GMP, Steps to Verify Status

IPO Details

The EMA Partners India Ltd IPO was open for bidding from January 17, 2025, to January 21, 2025, with the allotment likely to be finalized today, on Tuesday, January 22, 2025. The IPO, priced within a band of ₹117 to ₹124 per share, is set to list on the NSE SME, with the listing date scheduled for Friday, January 24, 2025.

Use of Proceeds

The company plans to utilise the net proceeds from the issue for the company as well as its subsidiaries.  It also proposes to raise funds to accomplish the following objects:

•  Augmenting Leadership Team for (a) the Company and (b) its subsidiaries
• Capital expenditure towards upgrading the existing IT infrastructure for (a) the Company and (b) its subsidiaries
• Repayment and/or pre-payment, in full, of the borrowing availed by our Company with respect to the purchase of office premises
• General Corporate Purposes and unidentified inorganic acquisitions

In addition, the company expects to achieve the benefits of listing to enhance visibility and brand image amongst existing and potential customers.

EMA Partners India Ltd IPO - Overall Subscription Status 

(January 21, 2025, End of Day)

The IPO of EMA Partners India Ltd IPO achieved an overall subscription of 221.06 times. Retail investors subscribed 167.35 times, qualified institutional buyers (QIB) subscribed 147.69 times, and non-institutional investors (NII) subscribed 444.08 times to the public issue.

EMA Partners India Ltd IPO GMP (Grey Market Premium) Details

The GMP (Grey Market Premium) for the EMA Partners India Ltd IPO is currently ₹60 as of 7:58 a.m. of January 22, 2025, implying a 48.39% gain over the IPO price, according to NDTV Profit. As per the current EMA Partners India Ltd IPO GMP trends, shares of the company are likely to be listed on NSE at Rs 184 per share.

Disclaimer: The GMP (Grey Market Premium) price is unauthenticated market-related news and has no discernible basis. The same quoted above is as per news that appeared in the media report and is for information purposes only. The investor shall do their own study/research before using the same for taking any decision to invest. We neither engage in, trade or deal in the grey market, nor do we recommend or endorse trading in the grey market.

EMA Partners India Limited Business Overview

Founded on September 9, 2003, EMA Partners India Limited is a prominent executive search firm specialising in leadership hiring solutions. It operates across India, the Middle East, and Singapore, focusing primarily on recruiting for C-suite and board-level positions. The company’s expertise lies in matching global industry knowledge with local market insights, ensuring tailored solutions for its diverse clientele. Headquartered in Mumbai, it also has offices in Chennai, Gurgaon, and Bengaluru and a subsidiary in Singapore, established in 2010.

The company benefits from its membership in EMA Partners International Limited, a global network of executive search firms that promotes cross-border collaboration. Leveraging this association, the firm delivers unparalleled recruitment services, ensuring quality placements for its clients. The business model operates on a retained services basis, charging non-refundable fees tied to predefined milestones like candidate shortlisting or offer acceptance.

Disclaimer: Investing in SME IPOs involves a high degree of risk. Such investments may be suitable only for investors with a high-risk tolerance and the ability to bear potential losses. Perform thorough due diligence and consult a financial advisor before investing. Invest wisely and at your own discretion.