EMA Partners India Limited is a leading executive search and leadership advisory firm that will soon launch its Initial Public Offering, or IPO. It will open for subscription on January 17, 2025 and close on January 21, 2025. The issue will be listed on January 24, 2025. Formed on September 9, 2003, as Executive Management Associates India Private Limited, the firm has played an important role in offering leadership solutions in diverse industries.
EMA Partners IPO Dates
The important EMA Partners IPO dates are:
- IPO Opening Date: January 17, 2025
- IPO Closing Date: January 21, 2025
- Basis of Allotment: January 22, 2025
- Refunds Initiation: January 23, 2025
- Shares Credit to Demat: January 23, 2025
- Listing Date: January 24, 2025
WHY SMC
- 20 Lac+ unique clients
- 33+ Years of Serving
- Advance Technical Analysis
- Free Demat Account
EMA Partners India IPO: Issue Size
The EMA Partners IPO will raise around ₹76.01 crore through a fresh issue of ₹66.14 crore (53,34,000 equity shares) and an offer for sale of ₹9.87 crore (7,96,000 equity shares with a face value of ₹5 each). The price band is set between ₹117 and ₹124 per share. The issue is categorized as a Book-Built Issue and will be listed on the NSE SME platform.
EMA Partners IPO Details: IPO Proceeds Usage
The net proceeds from the EMA Partners IPO would be used for the following objectives:
- Enhancement of Leadership Team: Strengthening the leadership teams for the company and its subsidiaries
- IT Infrastructure Upgrade: Enhancement of existing IT infrastructure in the company and subsidiaries under capital expenditure.
- Repayment/Prepayment, in full, of the borrowings availed by the company for acquisition of office premises.
- General Corporate Purposes: Funds for general corporate purposes and unidentified inorganic acquisitions.
EMA Partners India IPO Reservations Details
- The QIB portion of the EMA Partners IPO shall be not more than 50% of the Net Offer.
- The NII portion of the EMA Partners IPO shall be not more than 15% of the Net Offer.
- Retail Individual Investors (RII): Not less than 35% of the Net Offer.
EMA Partners IPO Lot Size
The minimum lot size for the EMA Partners IPO is 1,000 shares. Thus, the minimum investment amount is ₹1,24,000, at the upper end of the price band (₹124 per share). For retail investors, the maximum number of lots that can be applied for is 1, which works out to 1,000 shares.
Minimum and maximum investment amount for Retail investors and HNI through lot size and price band are reflected in the table below.
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,000 | ₹1,24,000 |
| Retail (Max) | 1 | 1,000 | ₹1,24,000 |
| HNI (Min) | 2 | 2,000 | ₹2,48,000 |
EMA Partners India IPO: Promoter Holding
As per the RHP, promoter holding details are as follows:
Promoters:
- Mr. Subramanian Krishnaprakash
- Mr. Krishnan Sudarshan
Pre-IPO Shareholding:
- Promoters: 86.14%
- Public Shareholders: 13.86%
Selling Shareholders:
- Mr. Krishnan Sudarshan
- Mr. Subramanian Krishnaprakash
- Mr. Shekhar Ganapathy
EMA Partners India: Company Overview
EMA Partners India Limited is a very well-established executive search and leadership advisory firm that caters to bespoke hiring solutions through varied and evolving talent requirements across various organizations. The company was established in 2003 and has developed a strong reputation as a trusted partner for organizations that require identifying, attracting, and retaining the right leadership talent.
EMA Partners offers services in executive search and leadership hiring, catering to a wide range of industries such as banking and finance, information technology, healthcare, consumer goods, retail, manufacturing, and more. The company has become a go-to partner for multinational corporations, fast-growing startups, and established Indian conglomerates because of its deep market insights, strong client relationships, and commitment to delivering results. EMA Partners IPO valuation will be based at ₹117-₹124 per share, with a P/E ratio of 14.76x based on FY24 earnings.
As EMA Partners readies itself for an IPO, the company is now ready to further enhance its operations, expand its service portfolio, and continue driving growth in the competitive talent acquisition market.
WHY SMC
- 20 Lac+ unique clients
- 33+ Years of Serving
- Advance Technical Analysis
- Free Demat Account
Financial Performance of EMA Partners IPO
The table below presents the financial performance of EMA Partners India Limited for the past years:
| Particulars | 31 July 2024 (₹ Lakhs) | 31 Mar 2024 (₹ Lakhs) | 31 Mar 2023 (₹ Lakhs) | 31 Mar 2022 (₹ Lakhs) | % Change (March 2022 – March 2024) |
|---|---|---|---|---|---|
| Assets | 7,504.71 | 7,659.05 | 5,326.29 | 5,850.27 | 30.92% |
| Revenue | 2,632.96 | 6,883.45 | 5,106.16 | 5,786.52 | 18.96% |
| Profit After Tax | 437.22 | 1,427.33 | 307.07 | 1,127.06 | 26.64% |
| Net Worth | 5,782.72 | 5,373.95 | 3,945.52 | 3,888.45 | 38.20% |
| Reserves and Surplus | 5,806.16 | 5,397.32 | 3,992.52 | 3,939.14 | 37.02% |
| Total Borrowing | 723.5 | 758.02 | 55.97 | 389.55 | 94.60% |
Performance Analysis:
- Assets: The total assets of the company have increased by 30.92% from ₹5,850.27 lakhs in March 2022 to ₹7,659.05 lakhs in March 2024.
- Revenue: Revenue saw a rise of 18.96% over the same period, which is a green flag in terms of consistent growth.
- Profit After Tax (PAT): PAT has also witnessed a surge of 26.64%, which may indicate that the company has good revenue growth and incurred lower costs.
- Net Worth and Reserves: Both net worth and reserves have posted healthy increases of 38.20% and 37.02%, respectively, showing robust financial security.
- Borrowings: Borrowings have increased by 94.60%, which may highlight that companies are increasingly utilizing external funding to achieve growth or conduct business.
EMA Partners IPO Risk Factors
Before investing, it’s important to go through the risk factors that have been outlined in the company’s RHP. Some of the key EMA Partners IPO risk factors are as follows:
1. Market Competition
EMA Partners is operating in a competitive space wherein established firms and new entrants can challenge its market share. Failure to maintain a competitive edge in terms of service quality and innovation may impact growth.
2. Dependence on Key Clients
The business of the company is heavily dependent on a few key clients. Loss of business or decrease from such few main clients may sharply impact its financial performance.
3. Economic Downturn
As a search firm dealing with executive level positions, EMA Partners’ business will be sensitive to the general increase/decrease in economy and hiring. Economies being slow or freezes in hiring will not call for more services by the company.
4. Technological Disruption
AI-based hiring platforms and advanced recruitment technology may be seen as a challenge to the traditional executive search model. In this regard, EMA Partners needs to embrace technological changes for the firm to be relevant.
5. Scalability Challenges
Growing operations and taking on new leadership can be very risky operationally and financially if not carried out effectively.
6. Regulatory Risks
Compliance with changing labour laws and corporate governance would be a rigid requirement for EMA Partners. A default could bring about penalty or reputational damage.
7. Dependence on Key Personnel
The team of leadership is working for the company. Losing the key personnel without replacement would face an interruption in its operations as well as the relationships of the clients.
EMA Partners IPO Details: Contact Information
To get a more detailed version of the IPO, the Investors can reach EMA Partners India Limited:
Registered Address: 204, The Summit Business Bay, Western Express Highway, Vile Parle (East), Mumbai – 400057, Maharashtra, India.
Contact Person:
Ms. Smita Shivdhari Singh
(Company Secretary and Compliance Officer)
Email: s.smita@ema-partners.com
Telephone: +91 022-35008805
Website: www.emapartners.in
For all the insights on the EMA Partners IPO and expert advice, download the SMC ACE App or join the SMC Telegram channels. Make smart investment decisions and seamlessly apply for this IPO by opening a Demat account with SMC Global Securities today.
Frequently Asked Questions – FAQs
1. What is the EMA Partners IPO issue size?
The total issue size of the EMA Partners IPO is ₹76.01 crore, comprising fresh issue and offer-for-sale components.
2. What is the EMA Partners IPO lot size?
Investors must buy a minimum of 1,000 shares per lot, with a minimum investment of ₹1,24,000.
The shares are scheduled to be listed on the NSE SME platform on January 24, 2025.
References:
https://indorient.in/assets/documents/EMA%20Partners%20India%20Limited_RHP_1736484297.pdf
Author: All Content is verified by SMC Global Securities.
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