Everything You Need to Know About the eMudhra Limited IPO

eMudhra Limited provides Digital Trust Services and Enterprise Solutions to individuals as well as organizations in various industries and is the largest Certifying Authority in India with a market share of 37.9% in fiscal 2021.

As part of its Digital Trust Services vertical, eMudhra issues a range of certificates including individual/organizational certificates, SSL/TLS certificates, and device certificates (used in IoT use cases), and under the Enterprise Solutions vertical, it offers Digital Security and Paperless Transformation Solutions. It only Indian company to be directly recognized by renowned browsers and document processing software companies such as Microsoft, Mozilla, Apple, and Adobe allowing it to sell digital identities to individuals/organizations and issue SSL/TLS certificates for website authentication globally.

Since its inception eMudhra has issued 50 million digital signature certificates through its network of 88,457 channel partners, catering to 143,406 retail customers and 626 enterprises across the country.

The public offer of eMudhra comprises a fresh issue of equity shares worth Rs. 161 crores and an offer for sale of 98.35 lakh equity shares from existing shareholders.

Financial Snapshot

Financial Year Ended Revenue (₹ Crores) PAT (₹ Crores) EPS (₹)
March 2019 101.68 17.44 2.48
March 2020 116.80 18.42 2.37
March 2021 132.45 25.36 2.49
Period Ended December 31, 2021 138.30 30.34 4.36

For more information, you can check the IPO Snapshot filed by the company.

https://archives.nseindia.com/content/equities/IPO_RHP_eMUDHRA.pdf


IPO Details

Issue Period 20th May 2022 to 24th May 2022
Price Range 243 - 256
Minimum Bid Quantity 58 and in multiples thereof
Finalization of Allotment 27th May 2022
Initiation of Refunds 30th May 2022
Credit of Shares 31st May 2022
Date of Listing 1st June 2022
Mandate end date To Be Confirmed
Anchor Investors Lock-in End Date To Be Confirmed

How do I apply to the eMudhra Limited IPO?

You can apply for the eMudhra Limited IPO using any supported UPI app by following two steps:

  • Enter your bid on Console
  • Accept UPI mandate on your phone

On acceptance of the mandate, the bid amount will get blocked in your bank account. Click here to learn more.

Where do I check the allotment status for eMudhra Limited IPO?

You can check the allotment status for the eMudhra Limited IPO on the website of the Registrar and Transfer agent.

Alternatively, you can also check the allotment status on the NSE website.

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