
Information Technology · NSE / BSE
eMudhra Limited is India’s largest licensed Certifying Authority (CA), operating across two key verticals—Digital Trust Services and Enterprise Solutions—and providing a wide range of offerings including individual and organizational digital signature certificates, SSL/TLS and device certificates, as well as digital security and paperless transformation solutions such as multi-factor authentication, mobile application security, website security testing, and IT policy assessment. The company is the only Indian CA directly recognized by global technology leaders like Microsoft, Mozilla, Apple, and Adobe, enabling it to issue digital identities and SSL/TLS certificates worldwide. eMudhra has issued over 50 million digital signature certificates through a network of 88,457 channel partners across India and, as of September 30, 2021, served 36,233 retail customers and 563 enterprises, with its enterprise solutions being used by top banks, leading automotive companies, and several of India’s top 500 companies.
Price Band
₹243 – ₹256
Issue Size
₹413 Cr
Lot Size
58 shares
GMP
Est. Listing
₹256
at current GMP
Subscribed
2.72x
overall
Open
20 May 2022
Close
24 May 2022
Allotment
27 May 2022
Refund
28 May 2022
Demat Credit
29 May 2022
Listing
1 Jun 2022
Designated Registrar: Link Intime India Private Limited
Allotment Date
27 May 2022
Basis finalization
Refunds Initiate
28 May 2022
Mandate release
Demat Credit
29 May 2022
Shares in demat
Listing Debut
1 Jun 2022
Trading begins
eMUDHRA Limited is bringing an initial public offering (IPO) in the Information Technology sector with an aggregate issue size of ₹412.79 Crores. The shares are offered at a price band of ₹243 to ₹256 per equity share on NSE and BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 58 shares (approx. ₹14,848 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Link Intime India Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2022-05-29, while un-allotted funds or UPI block mandates will be released on 2022-05-28.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.