
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
Overall Subscription
2.72x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
0.00x
High Net-Worth
Retail (RII)
0.00x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| Qualified Institutional (QIB) | 8,062,305 | — | 0.00x |
| Non-Institutional (NII / HNI) | 2,418,691 | — | 0.00x |
| Retail Individual (RII) | 5,643,613 | — | 0.00x |
| Total | 16,124,609 | 0 | 2.72x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 97,304 | 264,667 | 2.72x |
| HNIs (10L +) | 622 | 1,692 | 2.72x |
| HNIs (2-10L) | 2,979 | 8,103 | 2.72x |
| Total Applications | 100,905 | 274,462 | 2.72x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
Currently, eMUDHRA Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹243 to ₹256 per equity share.
The retail lot size is 58 shares requiring a minimum application amount of ₹14,848. Expected listing price is ₹256 per equity share.
The eMUDHRA Limited IPO aggregate issue size is ₹412.79 Crores with an equity price band set at ₹243 to ₹256 per equity share. The retail lot size is 58 shares requiring a minimum capital outlay of approx. ₹14,848.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 2.72x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Link Intime India Private Limited) and the BSE status verification website on or around 2022-05-27. Investors can verify status using PAN card or application number.
eMUDHRA Limited shares are scheduled to list on NSE and BSE on 2022-06-01.