eMudhra Limited is India's largest licenced Certifying Authority ("CA"). The company's business is divided into two verticles Digital Trust Services and Enterprise Solutions. eMudhra Limited is engaged in the business of providing services like individual/organizational certificates, digital signature certificates, SSL/TLS certificates and device certificates, a portfolio of digital security and paperless transformation solutions, multi-factor authentication, mobile application security, website security testing, IT policy assessment, etc.
The company has strong digital signature certificate expertise and is the only Indian company to be directly recognised by renowned browsers and document processing software companies such as Microsoft, Mozilla, Apple, and Adobe, allowing it to sell digital identities to individuals and organisations worldwide and issue SSL/TLS certificates for website authentication.
The company has issued over 50 million digital signature certificates through the network of 88,457 channel partners spread across India. As of September 30, 2021, the company is serving 36,233 retail customers and 563 enterprises.
As of September 30, 2021, eMudhra's Enterprise Solutions are used by the top 10 banks, 6 top automotive companies and 19 top companies amongst the top 500 ranked companies in India by Economic Times in Financial Year 2020.
The Net Proceeds from the Fresh Issue are proposed to be utilized by the Company for the following objects:
| IPO Opening Date | May 20, 2022 |
|---|---|
| IPO Closing Date | May 24, 2022 |
| Issue Type | Book Built Issue IPO |
| Face Value | ₹5 Equity Share |
| IPO Price | ₹243 to ₹256 per share |
| Market Lot | 58 Shares |
| Min Order Quantity | 58 Shares |
| Listing At | BSE, NSE |
| Issue Size | [.] shares of ₹5 (aggregating up to ₹412.79 Cr) |
| Fresh Issue | [.] shares of ₹5 (aggregating up to ₹161.00 Cr) |
| Offer for Sale | 9,835,394 shares of ₹5 (aggregating up to ₹251.79 Cr) |
| QIB Shares Offered | Not more than 50% of the Net Offer |
| Retail Shares Offered | Not less than 35% of the Net Offer |
| NII (HNI) Shares Offered | Not less than 15% of the Net Offer |
| Basis of Allotment Date | May 27, 2022 |
|---|---|
| Initiation of Refunds | May 30, 2022 |
| Credit of Shares to Demat Account | May 31, 2022 |
| IPO Listing Date | Jun 1, 2022 |
eMudhra IPO is a main-board IPO of [.] equity shares of the face value of ₹5 aggregating up to ₹412.79 Crores. The issue is priced at ₹243 to ₹256 per share. The minimum order quantity is 58 Shares.
The IPO opens on May 20, 2022, and closes on May 24, 2022.
Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
The eMudhra IPO opens on May 20, 2022 and closes on May 24, 2022.
eMudhra IPO lot size is 58 Shares and the minimum order quantity is 58 Shares.
You can apply in eMudhra IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services.
The finalization of Basis of Allotment for eMudhra IPO will be done on May 27, 2022, and the allotted shares will be credited to your demat account by May 31, 2022.
Check the IPO allotment status.
The listing date of eMudhra IPO is Jun 1, 2022.
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